AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Forex trading come-ons gain currency; Investors encouraged to take gambit with retirement funds.(News)

Investment News

| December 12, 2005 | COPYRIGHT 2005 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Carlise Peterson

CHICAGO - Some financial advisers are warning clients to beware of using retirement assets to engage in foreign-currency-exchange trading.

For even the most sophisticated investors, so-called forex trading can be a risky gambit. Now some companies that specialize in forex trading are targeting less sophisticated investors and encouraging them to put their retirement savings on the line.

Consider, for example, the forex individual retirement account, which burst on the scene about a year ago. Because its profits are not taxed, it's being billed as a way to trade currency without any tax consequences.

Meanwhile, other firms are advising investors to bypass the forex IRA altogether and set up a forex-trading account instead.

Related articles from newspapers, magazines, journals, and more
A look at forex trading contests.(foerign exchange)
Magazine article from: Futures (Cedar Falls, Iowa) Cofnas, Abe August 1, 2005 700+ words
...certainly adds up for any size account. A reality-based forex trading contest should incorporate each of these phases and provide...8. Trade 50 consecutive trades with a 2% per equity per trade risk while maintaining profitability. 9. Find the next 10 economic...
Record Attendance at Las Vegas Forex Trading Expo Indicates Popularity of the...
Press release article from: PR Newswire August 28, 2006 700+ words
...appetite for risk. Participation in the Las Vegas Forex Trading Expo, held Sept. 7 - 9 at Mandalay Bay...There are so many opportunities in forex trading, and the Forex Trading Expo provides an ideal outlet for traders to...
TradeStation Launches New, Powerful Forex Trading Platform That Offers Tighter...
Press release article from: PR Newswire July 2, 2007 700+ words
...announced the launch of its new forex trading platform, one that enables...testing and automation of forex trading strategies based on inside...results with our integrated forex trading platform." "Forex is an...
eSignal and FXCM Offer an Integrated Online Forex Trading Solution.
Press release article from: Business Wire April 27, 2004 700+ words
...transactions, today announced a new Forex trading feature that allows FXCM Forex traders...in making buy and sell decisions. "Forex trading offers 24-hour trading, transparent...active trading community is embracing Forex trading in record numbers and looking for high...
Esprit Financial Group Inc. (Esprit) (EFGO.PK) Appoints New Director and Plans...
Press release article from: PR Newswire June 6, 2007 700+ words
...status as a broker-dealer for its Forex trading division and, in a related move...s Florida office. With significant Forex trading experience, he is in the process of...qualified as a broker-dealer for Forex trading, which will provide the additional...
Get An Accessible Guide To Forex Trading That Allows Readers To Select A...
Press release article from: M2 Presswire November 27, 2007 700+ words
...Markets: Get An Accessible Guide To Forex Trading That Allows Readers To Select A...addition of "Getting Started in Forex Trading Strategies" to their offering An accessible guide to Forex trading that allows readers to select a...
Global Forex Trading Uses Salesforce.com's Supportforce to Increase Customer...
Press release article from: PR Newswire June 6, 2005 700+ words
...CRM), today announced that Global Forex Trading, a leading provider of real-time...prnh/20050216/SFW105LOGO ) Global Forex Trading is one of the 15,500 companies of...and chief operating officer of Global Forex Trading. "Supportforce gives us the ability...
LEVERAGE FOREX TRADING SET TO TAKE OFF IN AUSTRALIA.
News wire article from: AsiaPulse News July 27, 2007 700+ words
...options. Easy forex is a global forex trading platform with offices in Australia. Mr Francis said forex trading is already well developed in Japan...availability of high leverage. All forex trading platforms trade on margins, normally...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA