Forex Trading - Phone Etiquette

Aaron FX offers our clients the option of trading forex either through the Internet or over the telephone. Telephone orders can be placed with our forex dealing desk 24 hours a day, 5 days a week during trading hours, from Sunday at 5:00 PM CST to Friday at 4:00 PM CST.

Forex Dealing:

State your trading interest. Always be sure to include the number of units (or the dollar amount) and the forex currency pair you are interested in.

Forex Example: ” I would like a price in $300,000 (3 units) of dollar Yen.”

You will receive from the forex dealer a 2-way price quote consisting of the tightest possible fx spread under normal forex market conditions allow at that given moment.

Forex Example: “125.23-28” (the first number being the bid, the second number is the offer.)

State your currency trade.

Forex Example:
"At 125.28, I sell 3 units($300,000 USD/JPY)" or
"At 125.23, I buy 3 units ( $300,000 USD/JJPY)"

Remember: A price given to you is the forex dealing price at that moment in time; it is not intended to be held for longer than the next price change in the market. Forex dealer etiquette requires you to pass ("nothing done") or "ask again" after a few moments have passed. You will then get a new forex dealing price.

It is important to remember that the forex dealing desk phone lines are reserved for dealing/order purposes only. All other inquiries can be addressed by calling toll-free 1-866-455-3633. All telephone calls are recorded to ensure the integrity of the forex transaction.

Forex Trading Introduction | Benefits of Forex Trading | Forex Trading | Managed Forex | Forex Trading Platform | Forex Trading Account Minimums | Forex Trading Handbook | Forex Trading Phone Etiquette | FX Trading | Foreign Exchange | Forex Trading Platform Support | Forex Trading Platform FAQ's | Forex Trading User Manual | Forex Demo Account | Open a Forex Trading Account | Forex Trading FAQ’s | Forex Glossary | Forex Trading | Currency Trading | Forex Broker | Disclaimer

© Aaron Trading / AaronFX. All Rights Reserved.
Aaron Trading is a licensed and NFA registered commodity broker / forex broker.
Disclaimer: There is a risk of loss in trading futures, forex, foreign exchange, and options.