Internaxx vs. IntlTrader.com
66International Internaxx vs. IntlTrader.com
Internaxx is a collaborative venture between TDWaterhouse, the subsidiary of TDbank, one of the world's largest discount brokers, Fortis Banque Luxembourg, one of the leading banks in Luxembourg and a member of the Fortis group.
Internaxx allows multi-currency access to 12 international exchanges in real-time and provides CFD and Forex trading facilities at cost-effective prices. The company specifically provides services to expatriate and international clients across the globe and has created an international presence as a significant online brokerage service catering to overseas clients and in Europe. Internaxx broadly covers all the prominent stock exchanges in Europe and North America, which could be accessed through a multi-currency account denominated in USD, EUR, GBP and CAD. The Internaxx account is accessible online 24/7 and via the Internaxx Client desk each weekday. The multi-lingual service offered by Internaxx is worth is yet another outstanding feature. The company offers web site, its call centre and documentation in four languages namely; English, French, German and Dutch. Trading commissions are highly competitive, starting from EUR 19.6. Front-end fees on a wide selection of offshore investment funds are discounted by up to 50%.
The company offers the ideal platform for international investors to access shares from all the major exchanges. In addition, equities from over 10 exchanges in North America and Europe can be traded real-time, online and via telephone. The different kinds of advanced investment products range from real-time share dealing to CFD's, Forex, Futures and mutual funds, Internaxx provides special ‘Frequent Trader' rates to customers who trade equities at least 30 times in a year. Customers who get qualified for ‘Frequent Trader' rates will be given a certain amount of rebate credited to their cash account worth the value equivalent to the difference between standard rates and ‘Frequent Trader' rates. They will start receiving the ‘Frequent Trader' rates directly for the rest of the year.
International Assets Holding Corporation (INTL) is an independent, publicly held financial services firm which enables wholesale, cross-border financial transactions through market making and trading in select international markets. INTL Trading.Inc, INTL's wholly-owned subsidiary, is an NASD member broker/dealer. The company provides numerous products to wholesale customers including 8,000 unlisted ADR's and ordinary stocks in around 20 countries, more than 100 currencies, over 500 fixed income instruments in 30 countries and precious and base metals dealers in physical, forwards and OTC derivatives. The minimum balance required per trade is $2,000. Customers can trade foreign ordinaries for $29 and domestic stocks for as low as $14, up to 5,000 shares per transaction. The website also offers real-time quotes and instant order execution at a fixed price, even when the foreign markets are not open.
Nayanathara. S.
Hi-Tech Editorial Division
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