Forex

Total Trader in conjunction with its global network of partners has been facilitating Forex trading to private investors for over 14 years. Traditionally only within reach of institutions, the eBridge Trader platform allows private clients to participate in the global Forex market.

Why trade Forex with Total Trader

• 24-hour trading on live streaming prices
• Low trading spreads
• Commission-free trading
• Leverage trades up to 100 times with our low margin rates
• Live trading of 145 Forex currency crosses – more than any other online provider
• Live online FX options trading – first platform to offer trading on live price quotes to private traders
• Forward outright future currency transactions

Live Forex Options Trading

Total Trader offers Forex options in 34 major currency crosses with 9 major crosses traded on live price quotes.

About Forex

If you are new to trading Forex or just interested in how Forex Trading works, you have come to the right place.

Why trade Forex?

The currency market is the largest market in the world; with an estimated 3.2 trillion USD traded every day, the turnover is far more than both the stock and futures markets combined. With this kind of turnover there is always movement in the Forex markets and the chance to make profits, even when other markets are stagnant.

Traders are looking increasingly across markets to take advantage of the latest economic trends and further diversify their portfolios. Whether it is oil, gold or silver, stock markets or the currency markets that are moving, a Total Trader account offers direct and easy access to all these markets from a single consolidated account.

Introduction to Forex Options

Total Trader platform is the first FX Option platform to offer trading of FX options directly on live streaming prices, without dealer intervention, to private investors. Total Trader offers Over the Counter (OTC) plain vanilla European style Forex options in 34 major currency crosses, traded online through our Total Trader trading platform.

Forex Options with Total Trader

• Forex Options for 34 Currency Pairs
• 9 FX Options traded directly on live streaming price quotes (no dealer intervention)
• Gold and Silver options
• Low margin requirements with professional netting calculation for hedging spot positions
• Automatic exercise of options on expiry
• Use other investments (including stocks and bonds) as collateral for forex options trading

Options Trading on Live Price Quotes

Options for 9 major Forex crosses are traded directly on live price quotes without dealer intervention. For other crosses, Total Trader offers good price indications. For options with expiries outside 1 week to 6 months, exotic and multiple leg options, prices are quoted by a dealer on request.

Low Margin Requirements

Option margins are calculated taking into account:

• Delta margin related to the related exposure in the spot market
• Vega margin related to changes in volatility of the underlying spot Forex
• Any open related spot positions

This margin calculation offers lower requirements for options used to hedge spot positions – a service previously only offered to professional traders.

Exercise/Expiry

Total Trader supports New York Cut options which expire at 10:00 A.M. New York time. Options that are in-the-money at expiry, are automatically exercised and converted to a spot position without the need for any intervention from you.