A Grand Day Out at RPD FX (and ETX Capital)

It’s not very often that I talk about Foreign Exchange (Forex or FX) trading, but this may be about to change as I am embarking on the writing of a new book. Let’s call it “Project X”, or (even better) “Project FX”.

As part of my “research” I was invited down to the offices of foreign exchange trading provider RPD FX in the City of London. If you’ve never heard of them, don’t worry, because they’re a sister brand of the well-established London-based spread betting provider ETX Capital.

Anyway — after negotiating the City traffic, and sending my daughter off for a day of culture at the Tate Modern, I got to tread the RPD FX and ETX Capital trading floors, I got to shake hands with the CEO, and I got treated to a nice lunch with one of the traders… during which we discussed everything from trading to tendonitis.

So, what did I learn? I learned that RPD FX allows you to trade currencies using the increasingly-popular Metatrader 4 (MT 4) platform as well as via an iPhone or Android mobile app. I also learned that RPD FX allows you to choose between a CFD account and a Spread Betting account for forex trading; the latter being particularly relevant here at Better Spread Betting.

One of the things I like about the book The Naked Trader’s Guide to Spread Betting: A guide to making money from shares in up or down markets is that Robbie Burns tells his readers about his visits to two spread betting firms. Well, I just got to tell you about my own “grand day out” at RPD FX. And, as a bonus, at ETX Capital  too. Two for the price of one, which was doubly grand!

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Disclaimer: this posting is for general education only; it is not trading advice.