WinFOREX consists of a series of three PC based interactive Study aids designed specifically with the ACI candidate in mind. WinFOREX is however equally appropriate for more general product education and financial market training for Treasury personnel.

The WinFOREX software has been totally re-designed following a recent decision by the ACI to revise syllabuses and alter the marking methodology for all levels of the electronically delivered level 1 and 2 examinations. The three modules’ multiple choice question and answer databases along with all accompanying texts have also been updated to include the new and revised September 2017 level 1 syllabuses. Level 2 is a straight re-release of the previous ACI Diploma 3I0-009 syllabus and examination format and the WinFOREX product is unchanged. A screen-viewable and printable accompanying text for this module is however now included at no extra cost.

A comprehensive accompanying text book - 440+ pages for the ACI Dealing Certificate (available as an Adobe *.pdf file for on screen viewing or hard copy textbook at extra cost - depending on licence purchased) - complements the interactive training software which itself features dynamic on-screen feedback for all multiple-choice questions. The WinFOREX debriefing reports, again, printable - dependant on licence purchased, have many uses including as an aid to dealer selection and assessment.

WinFOREX software title screen

figure 1: WinFOREX title screen

The original WinFOREX product has been available since 1996 and has been sold to institutions and candidates on a world-wide basis and many examination successes have been recorded - including a large number of distinctions and passes with merit in level 1 ACI Dealing Certificate and ACI Operations Certificate and level 2 ACI Diploma.

The WinFOREX product, written under MS Windows, is now delivered on USB. Although not designed for Apple Mac, along with many other MS programs, it will run under Parallels Desktop 13 (separately available f​rom www.parallels.com).

Even a candidate who is actively involved in the day to day financial markets needs a certain amount of revision and assistance in exam techniques to ensure he/she is fully prepared for the examination - where WinFOREX is so useful. The PC based approach replicating the electronic delivery format of the examination proper makes WinFOREX UNIQUE and even more relevant to a candidate’s training and revision requirements giving him/her the ability to "hone" their question management techniques to maximise their use of time in the real life examination. The software brings the candidate up to speed in all aspects of the syllabuses and the differing examination techniques required for the level 1 ACI Dealing Certificate (Module DC), ACI Operations Certificate (Module OPS) and ACI Diploma 3I0-009​ - 2018 (Module DIP) - all screen based multiple choice question formats (varying examination time limits and numbers of questions).

WinFOREX Module DIP 3I0-009 (2018) software replicates the format of the current ACI level 2 examination which consists of 107 multiple choice questions in 9 syllabus topic baskets, 69 multiple choice theory questions worth 1 mark each and 38 multiple choice calculation questions worth 2 marks each. To pass in addition to a 60% overall pass mark candidates must attain a minimum of 50% across each of the theory and calculation topic baskets.

In all modules of WinFOREX interactive question libraries (1,855 multiple choice questions and answers available in Module DC) permit the user to test overall understanding selecting any number of questions at random, on a syllabus topic by topic basis or by creating a full “mock” (trial) examination. Using this random generation Mock examination feature, a completely different set of questions is generated on each access topic by topic (correctly weighted) which is then able to be reviewed question by question on screen for post examination de-briefing. The trainee’s preferred system access is selected on each occasion via the test selection screen (figure 2 - ACI Dealing Certificate as an example).

WinFOREX Module DC test selection screen

figure 2: WinFOREX Module DC test selection screen

The software also permits extensive customisation of exchange and interest rates in certain questions via the 'Set rates' button (visible in figure 2 above) if preferred.

 Multiple choice examination questions are displayed as selected (figure 3) with the trainee having the option to answer or pass (for later review). When an answer has been selected and confirmed the system will respond - if correct... a smiley face and congratulations, if incorrect... a sad face with dynamic on-screen feedback on the correct answer available on selection of the button. A Brief explanation of the correct answer is also displayed in the lower blue section of the screen together with a cross-reference to the appropriate learning point in the accompanying text (where available).
WinFOREX multiple choice screen (Module DC)

figure 3: WinFOREX multiple choice screen (Module DC)

If the trainee has selected ACI EXAM on the initial test selection screen, rather than instant on-screen feed-back after each question, on completion of the test he/she is given a breakdown of topic by topic performance (figure 4 – following correct ACI marking methodology) and is then offered the opportunity to review questions attempted one by one on screen (with dynamic feedback).

WinFOREX EXAM Result summary screen

figure 4: WinFOREX EXAM Result summary screen

WinFOREX also incorporates an interactive Excel based spreadsheet utility (figure 5) including all ACI formulae (hard copy available to candidates during the examination) which can be invoked from the main test screen for use by candidates to assist understanding of data elements required to complete syllabus calculations - vital preparation and revision for the calculation question baskets in the level 1 and 2 examinations.

For further reference, per module dynamic screen responses and hard-copy debriefing and assessment reports (Site licence) are complemented by a comprehensive accompanying text (over 460 A4 pages for the ACI Diploma) available as a screen-viewable pdf file via the book icon on the test screen and a printable system guide on the WinFOREX installation USB.

WinFOREX ACIFORMULA.xls (Excel Spreadsheet utility)

figure 5: WinFOREX ACIFORMULA.xls (Excel Spreadsheet utility)

WinFOREX software licences

The WinFOREX software product, aimed at the pocket of the individual candidate, is sold on a single load, limited access basis.

WinFOREX USB Stick

Modules DC, OPS and DIP - Single user licence (SUL) - for the individual candidate.

The software product, aimed at the pocket of the individual candidate, is sold on a single load, limited access basis (100 accesses) to a database of interactive multiple choice questions and answers, the ability to create random generated correctly weighted and marked ‘mock’ (trial) examinations and on-screen access to the appropriate accompanying text (DC, OPS and DIP), plus an interactive Excel spreadsheet of ACI formulae.

Note: in Module DIP the accompanying text pdf file is printable in addition to on-screen display.

WinFOREX is now delivered to clients solely on an installation USB

WinFOREX Modules DC, OPS and DIP Cost: GBP 150.00 per Module plus p+p (or DHL courier *).

WinFOREX software licences plus textbook

Modules DC, OPS and DIP - Single user licence (SUL) - for the individual candidate including hard copy accompanying textbook.

The software product, aimed at the pocket of the individual candidate, is sold on a single load, limited access basis (100 accesses) and on-screen access to the appropriate accompanying text (DC and OPS), Note: DIP = printable accompanying text pdf file included in addition to on-screen display.

WinFOREX Module DC plus textbook “Financial markets and the ACI Dealing Certificate (Sept 2017)” Cost: GBP 194.00 plus p+p (or DHL courier *).

Finacial Markets ACI Dealing Textbook and Software

The WinFOREX software product accompanying the textbook – a single load on to 1 PC, 100 accesses to a database of over 1,850 interactive multiple choice ACI Dealing Certificate 2018 questions and answers, the ability to create random generated, correctly weighted and marked ‘mock’ (trial) examinations plus an interactive Excel spreadsheet of ACI formulae.

WinFOREX Module OPS plus “Treasury Operations Handbook” Cost: GBP 178.00 plus p+p (or DHL courier *).

Treasury Operations Handbook and Software

The WinFOREX software product accompanying the textbook – a single load on to 1 PC, 100 accesses to a database of over 1,200 interactive multiple choice ACI Operations Certificate 2018 questions and answers, the ability to create random generated, correctly weighted and marked ‘mock’ (trial) examinations plus an interactive Excel spreadsheet of ACI formulae.

WinFOREX ‘Lite’ software licences plus textbook

Modules DC and OPS ‘Lite’ - for the individual candidate including hard copy accompanying textbook.

For the ACI Dealing Certificate candidate…

“Financial markets and the ACI Dealing Certificate” plus WinFOREX OPS ‘Lite’ version - for the individual candidate

Finacial Markets ACI Dealing Textbook and Software

The WinFOREX ‘Lite’ software product, aimed at the pocket of the individual candidate, is sold on a single load, limited access basis (50 accesses) to a database of 250 interactive questions and answers.

“Financial markets and the ACI Dealing Certificate (Sept 2017)” plus WinFOREX ‘Lite

Cost: GBP 94.00 per Module plus p+p (or DHL courier charges *).

For the ACI Operations Certificate candidate…

“Treasury Operations Handbook” plus WinFOREX OPS ‘Lite’ version - for the individual candidate

Treasury Operations Handbook and Software

The WinFOREX ‘Lite’ software product, aimed at the pocket of the individual candidate, is sold on a single load, limited access basis (50 accesses) to a database of 250 interactive questions and answers.

“Treasury Operations Handbook” plus WinFOREX ‘Lite

Cost: GBP 78.00 per Module plus p+p (or DHL courier charges *).

WinFOREX DC and OPS Software Upgrades

Note: WinFOREX ‘Lite’ products can be upgraded to the full Single User licence version (1 load and 100 accesses plus on-screen accompanying text and interactive Excel spreadsheet of ACI formulae) on payment of an additional cost of GBP 95.00.

WinFOREX Site licence - for the institution

WinFOREX Site Licence

For the dealing room, training department or institution’s open learning centre an unlimited site licence is available permitting unlimited multiple loads of the software onto PCs/laptops plus unrestricted access to all three WinFOREX Modules for the sole benefit of the purchasing institution’s personnel. All performance reports and accompanying texts are additionally freely printable in the Site licence version of the product.

WinFOREX Site licence Cost: GBP 1,650.00 complete plus p+p (or DHL courier *).

Note: p+p refers to standard inland mail costs (UK) or non-trackable airmail charges (EU and Rest of World).

* DHL courier (trackable with quicker transit times) charges from UK can be checked on-line at www.dhl.co.uk. (Software only weight 0.5 kg, Book only weight 1 kg). On ordering any product online, should you prefer DHL courier please contact the company for confirmation of the courier charges due. A PayPal ‘Request for Money’ will then be sent for the balance (DHL cost less standard airmail). On receipt of your remittance the order will be dispatched by DHL.

WinFOREX Software Renewal

All WinFOREX software products licences can be renewed (an additional 100 accesses) together with any update of software and/or appropriate question database on payment of an additional cost of GBP 39.50.

The renewal keyfile is delivered by e-mail attachment.

Further information on the operation and use of the three WinFOREX modules is available here. WinFOREX2018.pdf