Beijing-based AGM Group Holding Launches FXSC for FX traders

Beijing-based AGM Group Holding (AGMH), an application software company providing accounting and ERP software, fintech software, and trading education software and website service, today announced the official launch of FXSC, an online trading education and social trading network platform for Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term traders.

Live immediately in Chinese and English at www.fxsocialcontest.com, FXSC is a virtual social Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term which provides trading education to users through interactive trading simulation and trading contests, the firm explained. Users can choose and participate available contests and compete for prizes in a real-time streamed, interactive demo trading environment.

Demo trading, also referred as virtual trading, paper trading, or trading simulation, is designed to give users, especially the ones with limited knowledge and skills, a risk-free trading environment to get familiar with the markets and trading tools.

FXSC's features include tiered trading contests with prizes and incentives, real-time multi-party interaction and more, according to AGMH.

Creating a multilingual, multi-asset social trading network

"Today's FXSC version 1.0 launch marks an important milestone for AGMH as we expand our software application offerings into the trading education market with the launch of a new type of social trading platform. With further development and expansion, we expect to eventually create a multilingual, multi-asset social trading network where users around the world can improve financial literacy and horn trading skills on not only Forex, but also equities, bonds, commodities, options, futures and more," said Wenjie Tang, chief executive officer at AGMH.

"We have high hopes of the Platform and believe it can evolve into a key line of business for AGMH in the near future," Tang concluded.