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Ztrade FX (ZTFX) and Elite E Services FX Capital (EES) Have Signed a Strategic Partnership Agreement

Posted: Wednesday, October 01, 2008

Ztrade FX (ZTFX) and Elite E Services FX Capital (EES) have signed a strategic partnership agreement

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New Canaan, CT -- (SBWIRE) -- 10/01/2008 -- Ztrade FX (ZTFX) and Elite E Services FX Capital (EES) signed a strategic partnership agreement, which merges the two companies while separating our duties. EES will serve as the trading, operations, IT, and systems development unit, while ZTFX will serve as the sales, marketing, client support, and capital-raising unit. Elite E Services is an established FX technology and trading firm with companies in three countries, clients in thirty countries, who has serviced over 1,000 clients. By leveraging ZTFX as a sales and marketing partner, EES can focus on what it does best: trading and systems development. The partners of ZTFX have 30 years experience in marketing for major corporations as well as small business. ZTFX will focus on institutional clients but will offer retail accounts as well.

ZTFX proudly announces a special offer for managed accounts with a low minimum of only $10,000 for a limited time for select clients. A FX managed account gives an investor the opportunity to participate in the FX market by having a professional money manager trade your account. The program is a blended mix of different trading approaches: breakout opportunities, range trading, momentum trading, and dynamic carry. The program mostly trades using a short-term time horizon, with longer term trades used to stabilize short term volatility. The fees are 25% performance fee only. EES will be the CTA on the POA and ZTFX will be the Referring Broker. The account can be traded at any MT4 broker although ZTFX will have a select pedigree of recommended brokers.

Last month, EES launched a service that tracks the performance of automated black box EA systems using the Meta Trader platform, www.earesults.com. Since then, over 150 systems have signed on and have started generating returns. Some of their performance is outstanding, and can be viewed by going to the site and clicking ‘view system snapshots’. We are now launching a capital introduction service whereby these 3rd party systems can be traded on your account (minimum $10,000).

ZTFX will also offer an Expert Advisor trading package for MT4 for $99/month, which includes a full portfolio of EAs ranging from grid trading systems to trend following systems.

The financial markets have recently experienced a rough ride, and it seems it will not get better before it gets worse. FX as an asset class can provide trading opportunities even in a bear market, especially with more volatility, which reverberates into the FX market. More investors are choosing FX as an investment, especially with a falling US Dollar and a historically high Swiss Franc. Elite E Services FX Capital and Ztrade FX plan to capitalize on this trend by cooperation in the FX space.

This evolution of business and strategy development are both powerful reasons why the merger between ZTFX and EES will enable both firms to capture market opportunities.

For more information on either company visit:
Elite E Services USA - http://www.eliteeservices.net (646)837-0059
Ztrade FX – http://www.ztradefx.com (203)966-5118

Leveraged foreign exchange trading carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.

Media Relations Contact

Frank Franze Email Contact
Ztradefx
203-966-5118
http://www.ztradefx.com/

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