Abstract:ParFX is broker aiming to bring renewed transparency and equality to global wholesale electronic spot FX trading. It is open to non-bank institutions as well as banks, extending access to hedge funds, asset managers, pension funds and corporations utilising the credit of their prime bank.
General Information
ParFX is broker aiming to bring renewed transparency and equality to global wholesale electronic spot FX trading. It is open to non-bank institutions as well as banks, extending access to hedge funds, asset managers, pension funds and corporations utilising the credit of their prime bank.
Accessing
ParFX is open to all FX trading firms (banks and non-bank institutions) that have direct or third-party access to CLS settlement services and the required level of bilateral credit relationships with other participants on the platform, either directly or via their prime bank.
Pricing
Brokerage is applied equally to all participants on the platform at USD 2.00 per million USD equivalent, regardless of volumes traded.
Currencies
ParFX supports spot FX trading in the following currency pairs:
Customer Support
To discuss how ParFX can support clients trading needs, please e-mail sales@parfx.com or call +44 (0)20 7198 1575.
Every trader dreams of quick success, but rushing the process often leads to mistakes. It’s easy to get swept up in the excitement of winning trades or discouraged by unexpected losses. The truth is, mastering the emotional side of trading can be even more important than understanding market analysis or strategies.
In trading, distinguishing between a market correction and a market reversal is crucial for making sound decisions. Misjudging one for the other can lead to missed opportunities or significant losses. While both involve price movements, their causes, duration, and implications differ substantially. Understanding these differences can help traders improve their strategies and adapt to market conditions effectively.
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