GFT is making some serious additions to its DealBook platform and now offers FX Options (in Europe) in addition to CFDs and Binaries which were launched just day before. This turns GFT’s DealBook platform into a truly multi-asset trading one – which is a great advantage as clients can trade any type of instrument using single access and same interface. This is also an incredible job done by Devexperts, development company behind GFT’s technology, who managed to implement all these instruments into a single interface. GFT is ranked 6th in the Forex Magnates global retail forex volume survey for Q3 and no doubt adding these new instruments will help it continue growing.
GFT, a worldwide leader in online currency trading, spread betting and Contracts for Differences (CFDs), now offers European traders the opportunity to trade FX options using the DealBook® trading platform. GFT’s FX options offering allows traders to speculate on ten of our most popular currency pairs, seek profit in rising or falling markets, gauge the riskiness of a possible option while potentially protecting earnings, and hedge new or existing positions.
An option is a contract between a buyer and seller for the right to buy or sell an underlying financial product at a specific price on a particular date. With FX options, the underlying product is a currency pair.
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GFT’s FX options platform offers 24-hour access to streaming quotes with similar trading hours as spot FX. Traders can trade over-the-counter vanilla calls and puts on ten currency pairs. In the FX options module, the New Order window supports several common spread strategies, including verticals, straddles, strangles and risk reversals. FX options at GFT are settled in the European-style; in-the-money options are automatically exercised as a position.
FX options customers can expect the GFT standard of fast execution, competitive spreads, access to free trading educational tools and resources, and knowledgeable 24/7 customer service.
To open an FX options account or learn more about GFT, visit http://www.gftuk.com
About GFT: From local offices in London, Dubai, New Jersey, Grand Rapids, Singapore, Sydney, and Tokyo, GFT provides its global client base with the opportunity to speculate and trade in a broad range of markets, quickly, efficiently and securely. Most known for its award-winning DealBook® platform available for desktop, the web, or mobile phone, GFT also provides options for automated trading, 24/7 customer service and competitive spreads even in times of market volatility.