This year our club will help all of you to set up a demo account with MGFOREX (our sponsor company) and each of you will have $25,000 VIRTUAL US dollar (Not real money) to practice. We have also organized 3 seminars and we will have an experienced trader from MG Financial Group presenting some indicators used in the forex market to you and the trader will also have demostrations of live trading using a demo account, so all of you will be looking at the market in real-time! You can definitely apply the knowledge learned from the seminars on the demo account that we have provided you with to practice, we will also send you DAILY subscription of Forex signals to guide you with how to trade.

In addition, all of you will be automatically entered to our annual international forex competition (IFC) once you have opened a demo account, Yes it's INTERNATIONAL, we have lots of members from the other side of the world joining us too! The competition will be started on October 1st, and ended on the 31st of March which gives all of you a half year to get practice! I will post the sign up link very soon and you are encouraged to sign up before October 1st, but there is no deadline for the sign up, so whenever you sign up, you'll be in the contest. By the end of March, we'll find out who the best trader is by looking at your balances, whoever has the most amount of balance wins and we have very good prizes for you!!

That's basically what we have planned for you this year, hope you all look forward to it and have fun trading!

For those who have already joined our member list at King circle last Friday and others who are willing to join the club, please either email your name and student number to uoftforex@hotmail.com or sign up from our web site, http://forex.sa.utoronto.ca

Yours,

Vuthi Suranudpreda
President