Keep in touch with the forex markets the easy way - with Mobile4X.com

* New free service allows forex traders to keep in touch with the market simply by sending and receiving text messages (SMS)
* Alerts traders when their preset levels have been breached via text (SMS) or email
* Updates traders via text (SMS) or email on currency levels at preset times or when requested
* Frees traders from being tied to their computer or trading platform

Mobile4X.com is a new, free to use, forex service that provides market information to foreign exchange traders to help them make crucial trading decisions with more convenience and greater freedom.

The forex or foreign exchange market is the largest financial market in the world, trading around $US3.2 trillion1 each day. This forex trading is not done at one central location, but conducted between buyers and sellers via telephone and the internet in markets all around the world. This means the market is open 24 hours a day from 10pm GMT on Sunday until 10pm GMT Friday.

The economic fundamentals and technical factors that underpin the foreign exchange market are constantly changing and can move fast, enabling money to be made (or lost) on forex. This makes the forex market a highly volatile place to be, as it often reacts sharply and immediately to any news. Therefore it is crucial for traders to be aware of relevant changes in currency levels as they happen, or risk losing money. In the forex market, information is money.

Mobile4X.com provides traders with a convenient way to keep in touch with the markets while keeping on with their lives. Users simply set levels at which they wish to be alerted and are notified, via text (SMS) or email, when those levels have been breached. The service also provides market updates - again via text or email - which can be sent at preset times or requested by the user by sending a text (SMS). Additionally Forex traders can keep a record of their open and historical positions which can be accessed via text (SMS) or email.

Access to the service is available from anywhere in the world via a mobile phone. No proprietary trading software is required and the service is provided entirely free of charge, other than the cost of sending or receiving a text. Users can access the service by simply sending text messages or by viewing their profile online at http://www.mobile4x.com.

In summary, Mobile4X.com allows forex traders to:
* Receive alerts when the markets breach their own preset levels
* Receive regular updates on the markets by text (SMS) or email at times that suit them
* Request market updates by sending a text (SMS)
* Keep track of their positions in the market by text (SMS) or email
* Access any aspect of the service by simply sending and receiving texts (SMS)

Visit Mobile4X.com at http://www.mobile4x.com and allow yourself to keep up with the markets, while keeping on with your life.

For further information contact Peter Blaikie, Director, Mobile4X.com at peter@mobile4x.com
Notes to editors: 1. 2007 Triennial Central Bank Survey of Foreign Exchange and Derivative Market Activity - (http://www.bis.org/publ/rpfxf07t.pdf?noframes=1)