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Global Forex Trading Introduces Base 10 Trading®

August 26, 2004 - ADA, Michigan - Global Forex Trading has introduced Base 10 Trading®, a new forex trading product that offers traders an alternative to forex mini accounts that are typically 1/10th the size of the standard trading lot size of 100,000 units.

"Base 10 Trading® is perfect for people looking to trade forex in smaller amounts without having to worry about the inherent problems associated with minis," said Gary L. Tilkin, president and CEO, Global Forex Trading.

Base 10 Trading® allows traders to structure trades according to their risk–tolerance levels by having the ability to adjust the size of their trading lot to any multiple of 10. Variable lot sizes significantly reduce the margin requirement freeing up more trading capital for drastic market moves, taking additional positions or holding positions longer.

With Base 10 Trading®, each lot can be set to any multiple of 10—from 10, 1,000, 15,010…100,220, 110,030, 150,010, 225,050 and 62,090. For example, a trader may wish to buy EUR/USD in a volume of 15,010 instead of the standard lot size of 100,000 units.

The minimum amount to open a GFT account remains the same ($2,500 to open) so traders are capable of utilizing a larger equity to maintain a position in the forex market. A forex mini account, on the other hand, typically requires little equity to enter the market while increasing the likelihood of liquidation when a position goes against a trader and reducing the amount of trading capital.

Base 10 Trading® is an additional product from GFT that delivers the flexibility and serious control forex traders need and is only available from GFT.

To learn more about Base 10 Trading®, visit http://www.gftforex.com/services/base10/.

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About GFT

Founded in 1997, Global Forex Trading (GFT) is a world–leading provider of real–time currency dealing, pricing and comprehensive services for retail and institutional foreign exchange traders. Serving a global customer base in more than 100 countries through its DealBook® 360 trading software and 24–hour dealing desk operation, GFT's world headquarters is based in Ada, Mich., with global offices located in Chicago, New York, Tokyo, Sydney, Australia and London (London office operated through GFT Global Markets UK Ltd.).

Global Forex Trading, Division of Global Futures and Forex, Ltd., is a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC), a registered broker–dealer with the U.S. Securities Exchange Commission, holds a license with Japan's Financial Services Agency (FSA) and holds a license with the Australian Securities & Investments Commission (ASIC). GFT Global Markets is authorized and regulated by the Financial Services Authority. More information about GFT can be found at www.gftforex.com.

CONTACT:
Tim Gort
Manager of Marketing & Communications
Global Forex Trading
(616)942-3757 (tgort@gftforex.com)

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