Is the price on the screen a true live price?
Yes. All the prices are firm tradable prices and can be executed instantly.

Is the FX ECN trading platform completely anonymous?
Yes. The FX ECN trading platform provides our clients complete anonymity.

Can I see the depth of the market?
Yes. All outstanding buy and sell requests will be displayed in a visual format. The depth of the market will give you an indication of the true supply and demand for a currency while maintaining complete customer anonymity.

Can I place a bid and an offer in the market at the same time?
Yes. You can input as many bids and offers as their margin requirement allows. You have the ability to be a market maker, and also the option of placing bids/offers inside or outside the existing price.

Will margin-buying power be updated live?
Yes. As your open position size and your P&L changes, your margin account balance will reflect your increased/decreased purchasing power. This update takes place live on the FX ECN system.

How quickly are deals transacted?
Deals are transacted instantaneously.

What are the minimum system requirements?
We recommend a minimum configuration of a 266 MHz CPU, 64MB RAM, 50 MB free hard disk space and a 28 K modem. Display settings should be set for 1,024 by 768 pixels. Additionally, your Internet connectivity speed should be at least 28.8kbps.

What amounts can be traded?
Amounts can be traded in increments of 100,000 of the base currency.

What is the minimum trade size?
Our minimum trade size is 100,000 units of the base currency.

How are trades executed and confirmed?
Trades are executed instantly. A confirmation panel appears on your screen. All deals are recorded in your deal log.

What currencies are available to trade?
We will trade all the major currencies and continue to expand our coverage to meet customer demand.

How are positions carried from one day to the next?
The FX ECN will automatically roll open positions on a daily basis. Rollover interest rate adjustments will be credited or debited directly to the clients account daily.

What are the trading hours?
The FX ECN will be open 24 hours a day from Sunday 7:00 PM EST in New York until Friday 4:30 PM EST in New York.

Is trading with the FX ECN secure?
Yes. The FX ECN uses sophisticated encryption and authentication protocols for security and privacy. When your account is approved, you will be issued a USER ID and a Password. This information will be required to trade. Our phone lines are recorded.

How do I get my account statements?
Yes. You will be able to access on the fxdirect site daily, monthly and YTD historical trade data, as well as P/L history. These can be downloaded and printed at any time by the client.

Can I deal with a salesperson on the phone?
Yes. Our customer service representatives are available from Sunday to Thursday from 0900 hours to 2000 hours (Bahrain Time) at +973 17 549444.

Can I try out with demo trades?
Yes. You can open a demo account and download the FX ECN demo-trading software. The demo-trading platform is similar to the live-trading platform. We encourage you to practice on the demo-trading platform before using the live-trading platform.

May I make or leave orders via the phone?
Yes. Orders may be placed via the phone with authorized and trained TAIB Bank B.S.C.(C) brokers. These brokers are available at +973 17 549444 between 0900 and 2000 hours (Bahrain Time) from Monday through Friday.

ACCOUNT OPENING

How are my funds protected?
What are the commission rates?
Will interest be earned on my account?
How much money is required to open a margin account?
How do I open an account?

How are my funds protected?
We have secured Fidelity Bond coverage to protect your assets against acts of fraud or dishonesty by any officer, employee or manager of the FX ECN.

What are the commission rates?
Fees are assessed based upon the type and size of each transaction. There are no additional ticket charges and there are no pricing modifications to the bid/offer spreads.

Will interest be earned on my account?
Yes. We pay competitive rates. Clients are paid interest on the full balance of their account. Interest will be paid not only on free balances, but also on balances devoted to meet margin requirements. It should be noted that interest payments could be expected to vary with market conditions. Further, balances that fall below the minimum balance requirement of $20,000 will not earn interest until they are brought above that level.

How much money is required to open a margin account?
Our minimum initial deposit size is $25,000.

How do I open an account?
By downloading the application forms by clicking "Open an Account", and then submitting the executed forms to:

Attn: fxdirect

TAIB Bank B.S.C.(C)
TAIB Tower
Diplomatic Area
P. O. Box 20485
Manama
Kingdom of Bahrain
Ph: +973 17 549 444
Email: fxdirect@taib.com