Multimedia TradeWind Limited

a member of the Lywood David International Group

WinFOREX 2015

WinFOREX consists of a series of four 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 Prometric electronically delivered level 1 and 2 examinations. Module multiple choice question and answer databases along with all accompanying texts have also been updated to include the new and revised 2014 level 1 syllabuses.

A comprehensive accompanying text book - 490+ 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.

figure 1: WinFOREX title screen

The original WinFOREX product has been available since 1996 and has been sold to 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.

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 Prometric electronic delivery format 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 examination proper. 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 Model Code (Module MOC) - all screen based multiple choice question formats (varying examination time limits and numbers of questions).

WinFOREX Module DIP 2014 software replicates the current 3I0-009 Prometric format and marking methodology. The current level 2 examination 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 (2,200 multiple choice questions 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 topic by topic (correctly weighted) can be created on each access 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).

figure 2: WinFOREX Module DC test selection screen

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

Multiple choice examination questions, as delivered via the Prometric system, 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.

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 - correct ACI marking methodology) and is then offered the opportunity to review questions attempted one by one on screen (with dynamic feedback).

figure 4: WinFOREX EXAM Result summary screen

WinFOREX also incorporates an 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 on an interactive basis 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.

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

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

WinFOREX Delivery

Traditionally WinFOREX has been delivered to clients on CD Rom. With more and more laptops not now fitted with a CD drive, the product is also available on USB flashdrive. In 2014 purchasers may specify which installation method they prefer.

WinFOREX licences

Book: “Financial markets and the ACI Dealing Certificate 3I0-012”
plus WinFOREX DC ‘Lite’ version - for the individual candidate

The 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 multiple choice ACI Dealing Certificate questions and answers) and on-screen access to the system guide.

Book: “Financial markets and the ACI Dealing Certificate 3I0-012” plus WinFOREX ‘Lite’
Cost: GBP 105.00 per Module plus p+p (or DHL courier charges *).

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

The 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 multiple choice ACI Operations Certificate questions and answers) and on-screen access to the system guide.

Book: “Treasury Operations Handbook” plus WinFOREX ‘Lite’ Cost: GBP 85.00 per Module plus p+p (or DHL courier charges *).

Note: WinFOREX ‘Lite’ products can be upgraded to the full Single User licence version on payment of an additional charge (See Buy on-line web page).

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

The product, aimed at the pocket of the individual candidate, is sold on a single load, limited access basis (100 accesses to each examination section permitted) and on-screen access to the system guide and accompanying text provided in screen viewable Adobe pdf file format).

Modules DC, OPS and DIP Cost: GBP 180.00 per Module plus p+p (or DHL courier charges *).

Module MOC - Single user licence (SUL) - for the individual candidate.

The product, aimed at the pocket of the individual candidate, is sold on a single load, limited access basis (100 accesses to the Model Code database of 400 questions) and on-screen access to the Model Code (February 2013) pdf file which is also printable.

Module MOC Cost: GBP 75.00 per Module plus p+p (or DHL courier charges *).

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

The product, aimed at the pocket of the individual candidate, is sold on a single load, limited access basis (100 accesses to each examination section permitted) and on-screen access to the system guide with the accompanying text provided in hard copy (DC and OPS = published textbook - see Books etc. page, DIP = hard copy in A4 binder) in addition to on-screen display.

Module OPS plus text Cost: GBP 205.00 plus p+p (or DHL courier charges *).

Modules DC andDIP plus text Cost: GBP 215.00 per Module plus p+p (or DHL courier charges *).

Site licence - for the institution

For the dealing room, training department or institution’s open learning centre an unlimited site licence is available permitting multiple loads of the software and unrestricted access to all WinFOREX Modules for the benefit of the institution’s personnel. Performance reports and accompanying texts are additionally printable in the Site licence version of the product.

Site licence Cost: GBP 1,950.00 complete plus p+p (or DHL courier charges *).

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

DHL courier charges from UK can be checked on-line at www.dhl.co.uk

You can purchase text books and WinFOREX ‘Lite’ and WinFOREX Single User licence products (Module DC, OPS, MOC or DIP) for (air)mail delivery on-line on this website. Please go to the Books etc. By clicking here or Buy On Line facility by clicking here.

For larger institutions there are also Continental and Global licences available - please contact the company for further details.


Lywood David International Limited, Warren Cottage, Melfort Road, Crowborough,
East Sussex, TN6 1QT United Kingdom