Does the foreign
exchange market operate like the securities
market?
No. Unlike the securities
market, there is no central, geographic
location such as the New York Stock
Exchange (NYSE) where transactions are
bid and cleared. As a result, foreign
exchange trading requires the use of
state-of-the-art technology to allow
its investors to communicate instantly,
24 hours a day. Currency rates are influenced
by supply and demand, making the foreign
exchange market highly volatile. Average
foreign exchange trading volume exceeds
$1.5 trillion daily, compared to $24
billion in stock trades on the heaviest
day in NYSE history.
In case of systems'
failure, can clients still execute their
trades?
Clients can call our
24 hour manual dealing desk which will
be given to you if you have an account
with us. If the system failure is on
the client's side, the dealer will execute
the trades as per verbal instructions
of the client, which is recorded over
the phone. If the failure is on the
mainframe of our system, liquidation
and stop loss orders will be taken manually
and adjustments will be made once the
system is back on. In this situation,
no New Open position will be taken.
How safe is my money
with PFI?
Custody of funds is held
under Performance Forex, Inc client's
account in a AAA rated bank. A Security
Agreement will be issued for amounts
US$10,000 and above deposited with Performance
Forex, Inc.
When are the storage/interest
rates calculated?
Storage/Interest rates
are calculated automatically at 3am
EST.
How do I open an
account?
You can submit your personal contact
particulars at our New Account section.
Once we received your submission, our
local servicing agent will contact you
and walk you through the account opening
procedures. You can also request to
open an account with us by calling or
emailing our customer service agents.
Contact information can be found at
our Contact Us section.
What is the minimum
amount needed to open an account?
Our minimum account size is US$10,000.
How long does it
take to execute a deal via the internet?
Clients can expect to execute a deal
in about three seconds. Dealing on the
Internet is generally quicker than dealing
on the telephone.
Do you offer a test
or demo account so I can practice trading
and using the software before I start
trading real-time?
Yes, we offer a free
demo version of the FX Station 2001
software. The demo version is good for
a full 30 days and is basically the
same as the live version of the software.
What are the system
requirements for trading on-line using
the FX Station 2003?
For optimum operation,
we recommend:
Pentium III processor running on Windows
95/98
64 MB RAM or higher
56.6 Kbs or faster modem
PPP connection to the Internet
Copyright (c) 2001-2003 Performance Forex
All rights reserved. Contact us
for more information.
for more information. 
