Dallas, TX (PRWEB) June 28, 2006
Thanks to a partnership between a Dallas-based trading software provider of analytical and trending tools for personal investors, and a leading FOREX broker, thousands of personal investors who trade in the retail off-exchange foreign currencies market will now enjoy the convenience of one-click access to an integrated FOREX broker through the 4X Made Easy® 7.1 software.
Dallas-based GlobalTec announced this week the release of 4X Made Easy® version 7.1, which is now fully integrated with California-based MBT Technologies, LLC (MBTT), a leading FOREX broker. GlobalTec is a nationally recognized trading software provider of analytical and trending tools for personal investors and traders. The groundbreaking partnership with El Segundo-based MBTT gives 4X Made Easy software users unprecedented power to find and execute trades in the (spot) FOREX market in a fraction of the time, saving personal investors time and increasing the possibility of price improvements.
“The new 7.1 version of 4X Made Easy gives our customers the ability to trade directly in the (spot) FOREX market with an integrated broker, MBTT, creating a virtual ‘one-stop shop’ of capabilities,” said Blake Morrow, president of 4X Made Easy and architect of the software release. “4X Made Easy users have an analysis tool that they’ve learned to use and trust over the years. Our breakthrough technology and partnership with a highly regarded direct access FOREX broker makes this market primed for increased activity.”
With no fixed spreads, true bids and offers from multiple banks, and no deal desk between investors and their trade execution, 4X Made Easy and MBTT provide the tools needed to trade effectively while at the same time eliminating some of the potential barriers common to FOREX traders. These tools put traders in a better position to achieve and exceed their investment goals.
- No Deal Desk: Deal Desks trade against investors’ orders, which may not result in the best possible execution. Through 4X Made Easy and MBTT, trade orders utilize Straight Through Processing directly to various banks, increasing the possibility for price improvements.
- No Fixed Spreads: Spreads can be set as low as one-half a PIP -- which can save 4X Made Easy users thousands of dollars. Traders get the best available quote, with tighter spreads and no markups or markdowns. Additionally, they can take advantage of low commissions: $5 per $100,000 USD currency traded.
- Universal Account: 4X Made Easy customers are not required to choose between a mini account or a standard account, which traditionally have different margin rates.
A recent survey on online trading conducted by Forrester Consulting stated that investors who use decision and analysis software report an average three-year return 23 percent higher than investors who do not use decision analysis software.* The study went on to state that 26 percent of investors who use decision and analysis software use a GlobalTec product.
GlobalTec is a Dallas-based, nationally recognized provider of investment software that provides analytical and trending tools for personal investors. Founded in 1999, GlobalTec has been providing traders at all experience levels with a suite of software products to assist them with their trading selections. This suite of products includes Wizetrade, 4X Made Easy, Options Made Easy, Commodities Made Easy and CommandTRADE. For more information about GlobalTec, visit them online at http://www.globaltecsolutions.com, or call 888.304.8881.
About MB Trading
MBT Technologies, LLC, is registered with the CFTC and a member of NFA as a Futures Commission Merchant (FCM). MBTT provides retail off-exchange foreign currency execution services through MB Trading. MB Trading, member NASD/SIPC, is an affiliated introducing firm for MBT Technologies (MBTT). As one of the fastest growing currency trading firms, MBTT provides individuals, hedge funds and corporate clients with access to real-time streaming quotes, advanced trading software, fast trade executions, tight spreads, low commissions, and superior customer service.
- Source: A commissioned study completed by Forrester Data on behalf of GlobalTec.
MBT Technologies, LLC, is registered with the CFTC and a member of NFA as a Futures Commission Merchant (FCM). Off-exchange foreign exchange trading involves substantial risk of loss and may not be suitable for everyone. The possibility exists that you could sustain a loss of some or all of your initial investment, therefore, do not invest money you cannot afford to lose. Investors should only engage in trading after considering their financial situation, trading experience, loss tolerance, and other circumstances, therefore, it is advisable to seek independent advice if necessary. Past results are not necessarily indicative of future results. Risks are also associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection.