SALT LAKE CITY -- INVESTools Inc. (AMEX:IED), the market leader in fulfilling the lifelong education needs of self-directed investors, announced today that the Company has partnered with Forex Capital Markets LLC ("FXCM"), one of the largest non-bank futures commission merchants specializing
solely in foreign exchange, for direct account access from the INVESTools Currency Trader(TM) website (www.investoolsct.com) for students of its Currency Trader courses. Also, INVESTools' currency trading education products will be marketed and its educational content posted on FXCM's www.dailyfx.com website. With substantial operations around the world, FXCM has opened over 50,000 accounts and services over 400 institutional clients from more than 80 countries. FXCM has a proven track record of reliability and success, executing more than 1,500,000 trades each month via the FX Trading Station."INVESTools' relationship with Forex Capital Markets, awarded best retail platform by FX Week in 2004, best currency broker by both Shares and T2W Member Choice Awards in 2004, and best forex specialist by Stocks & Commodities in 2002, 2003, and 2004, will provide premier trading account execution for the 1,200 students that have graduated from our currency trading courses since their introduction in early 2005," said Lee K. Barba, Chairman and Chief Executive Officer. "Our students are excited about our currency investor education curriculum, which now extends online, and includes workshops, coaching, active investing courses, Prophet.Net currency charting and our Currency Trader website. INVESTools' partnership with Forex Capital Markets will increase the awareness of the INVESTools brand and the distribution of our currency products and services to the individual investor in this rapidly growing global market."
As part of the agreement, INVESTools will refer students to FXCM to open foreign exchange trading accounts and will be compensated for certain activity in such accounts. Prophet.Net charts are currently available at www.dailyFX.com and www.FXCM.com.
About INVESTools Inc.
INVESTools Inc. is a global leader in investor education. The Company offers a full range of investor education products and services that provide lifelong learning in a variety of interactive delivery formats, including instructor-led online courses, in-person workshops, "at home" study programs, one-on-one coaching sessions and telephone, live-chat and email support. Approximately 193,000 investors around the world have graduated from INVESTools' investor education programs. Log on to http://www.investools.com to learn more about the INVESTools Method(TM) -- one of the most widely recognized, adopted and endorsed approaches to investor education.