Characteristics of Freeoneer-Managed Account Programs
- Programs available in EUR and USD base currency
- Minimum investment of 5,000 USD
- No minimum investment period applies, but we suggest a period of at least 12 months
- You have online access to your account 24 hours a day, 7 days a week
- You may withdraw your profit or your initial investment at any time
- You place your funds in your own name with a clearing broker
- Neither Freeoneer or the fund manager handles your funds
Suite 13197, 2nd Floor
145-157 St John Street
Tel: +44 (0) 20 8144 8145
Fax: +44 (0) 20 3318 9030
The FX market refers to Foreign Exchange market. Other names are also widely used such as Forex, Currencies and 4X. It is the largest and most liquid market in the world, with a daily volume in the trillions. Whether you are aware of it or not, you already play a role in currency trading. The simple fact that you have money means you are an investor in a nation's currency. By holding EUR or USD, for example, you have elected not to hold the currencies of other nations. When a currency is traded, the transaction is carried out on the FX market. Unlike other financial markets that operate at a centralized location (i.e., the stock exchange), the worldwide Forex market does not have a central location.
It is a global electronic network of banks, financial institutions and individual Forex traders, all involved in the buying and selling of national currencies. A major feature of the Forex market is that it operates 24 hours a day, corresponding to the opening and closing of financial centers in countries around the world. At anytime, in any location, there are buyers and sellers, making the Forex market the most liquid market in the world.
Traditionally, access to the Forex market has been made available only to banks and other large financial institutions. However, with advances in technology over the years, along with the industry's high leverage options, the Forex market is now available to money managers and individual Forex traders. A vast proportion of it’s daily volume is traded by banks, who fully appreciate the excellent opportunities the market provides to increase their profits.