The Forex market is all about exchange rates which are being presented in the form of charts, tables and graphs and these are made possible through the use of Forex charting software. At the moment, the Forex market is inundated with several Forex charting software programs but identifying and choosing the best Forex charting software is still a thing of struggle for most of the Forex traders.
Advanced Broker Offering
The FXCM Group is headquartered at 20 Gresham Street, 4th Floor, London EC2V 7JE, United Kingdom. Forex Capital Markets Limited ("FXCM LTD") is authorised and regulated in the UK by the Financial Conduct Authority. Registration number 217689. Registered in England and Wales with Companies House company number 04072877. FXCM Australia Pty. Limited ("FXCM AU") is regulated by the Australian Securities and Investments Commission, AFSL 309763. FXCM AU ACN: 121934432. FXCM Markets Limited ("FXCM Markets") is an operating subsidiary within the FXCM Group. FXCM Markets is not regulated and not subject to the regulatory oversight that govern other FXCM Group entities, which includes but is not limited to, Financial Conduct Authority, and the Australian Securities and Investments Commission. FXCM Global Services, LLC is an operating subsidiary within the FXCM Group. FXCM Global Services, LLC is not regulated and not subject to regulatory oversight.
Automated trading software operates according to a pre-defined trade plan or algorithm without the need for manual intervention. They also sometimes go by the name of Expert Advisors or EAs and often run as such on the popular MetaTrader4 trading platform. The so-called forex trading robots available on the commercial forex market generally fall into this category, as do personalized trade plans that traders program or have programmed themselves.
Founder/president of the innovative reference publisher The Archive LLC, Tom Streissguth has been a self-employed business owner, independent bookseller and freelance author in the school/library market. Holding a bachelor's degree from Yale, Streissguth has published more than 100 works of history, biography, current affairs and geography for young readers.
Consistency – It can be very difficult to maintain any level of consistency when trading Forex, and it takes a very disciplined trader to overcome the problem. Especially if there have been two or three losses in a row. There is no such thing as a 100% successful trading plan so there is always going to be a loss, which can be psychologically traumatizing. After a losing streak it can be very tempting to skip the next trade, and if that trade was a potential winner the expectancy of the trading plan will be destroyed.
Order entry speed is greatly improved – A computer is far quicker to respond to changing market conditions than a human, and generate an order immediately the criteria are met. Those vital few seconds could make a very big difference to the outcome of the trade. Financial markets can move at lightning speed and it can be rather demoralizing to miss out on a trade because the human brain and fingers didn’t move quickly enough.
For the Best Forex Trading Platform category, Dukascopy Bank took the top podium spot this year for its highly innovative JForex 3 platform, which comes available for desktop, web, and mobile, and is compatible with Windows, Mac, and Linux operating systems. Charting in JForex 3 comes packed with 313 technical indicators and the platform supports automated trading strategies, helping it compete with popular third-party software, such as the MetaTrader4 (MT4) platform and cTrader platform.
I have tried every robot that I have seen, I got that sick of all the lies these guys told us about their robots. I decided I would not buy another robot in my life again, And up till now I have kept to my word. But after seeing your video and accounts and how honest and open you have been, I Cant wait to get my hands on this one it puts the rest of them to shame Count me in.