The Private FX Trade Club formally began when a group of forex professionals dedicated to sharing the electronic advancements of the rapidly growing foreign exchange markets went online with PFXTrade.com. Previously only available to institutional investors, the internet has provided a global entry for private traders into the world's largest financial market ($1.9 trillion traded per day on average), foreign exchange. Tens of thousands of new currency traders continue to flock into online forex trading without the proper training and support. Our goal is to match experienced member professionals with our majority of new member traders; to share expertise, training, and support. With over 10,000 members, PFXTrade.com continues to offer free membership to forex traders joining each day. With an always growing development list of premier fx support tools and resources we aim to push forth the trader advantage in online currency trading.

How does PFXTrade continue to provide all of this great training and support for free? It's not that difficult to understand. Our ever-growing memberbase provides a great audience for our professional members who may want to promote their name, book, services, etc. The Club also benefits from referral fees by forex brokers for introducing traders (we implement a rigorous broker screening process before allowing a particular fx broker to advertise on PFXTrade.com). Lastly, PFXTrade sponsorships with leading fx technology firms allow the Club to offer normal fee-based services and training to our members absolutely free.

The various costs of professional training, support, market analysis, news, and other resources, have become prohibitive for many new fx traders. There are also many online fx trade marketing services charging exhorbitant fees for basic forex trading tools, even misleading sometimes in their delivered services. As we continue to grow our member base it allows us to provide more free forex services and support to our member traders, helping The Private FX Trade Club deliver a true understanding of online forex trading.

Member suggestions always needed!

Who's Participating in FX?

• Banks/Investment Banks account for the most significant portion of Forex volumes. The biggest banks often trade billions of dollars per day. They trade as a service to their customers and also for their own benefit.
  
  
• Governments/Central Banks control a country's money supply and thereby try to effect and maintain financial stability.
  
  
• International Businesses are an important backbone to the FX market. International trade demands the exchange of one country's currency for another.
  
  
• Travelers who travel to another country naturally will need that country's currency to pay for goods and services.
  
  
• Investors and Speculators are becoming more and more aware of the opportunities existing in the FX markets. Day traders are attracted to FX because of the sheer liquidity, 24 hr access, and leveraging abilities. Until very recently only high net individuals had access to the markets. With the developments of the internet, individual investors and speculators of all sizes can access the market from any computer with internet access.