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Sunday, September 9, 2012

Forex brokers and their trading platform

Private investors have the forex trading in the true sense only on special platforms of Forex brokers access. Although you can also open foreign currency accounts in regular banks - this can neither actively traded nor a financial levers are used.

In recent years, the foreign exchange established on the German market and the platforms have evolved into extremely powerful tools. Forex brokers offer traders today Carefree packages. The trading platforms allow not only the mere sending of orders and managing the trading account. They also provide extensive tools available for the ambitious traders and those who want to be there, are indispensable. In particular, charting applications and connections are a thing of the news systems of large news agencies.

The charting tools providing the necessary tools, such as trend lines, trend channels, Fibonacci tools, Bollinger Bands, etc. analyzes can be performed in the open live chart. Given at almost every forex broker a range of technical indicators is available, such as trend-following indicators and oscillators. Investors need to buy a separate charting software is as it is i stock trading remains of all.

Even at the price provision must Trader worry: Unlike exchange-traded prices are subject no externally imposed delay. Forex brokers receive real-time reference rates of the central bank and derive their bid and ask prices. IN Forex Trading will therefore always real-time quotes available, without paying fees. By connecting to a Reuters or Bloomberg news system traders have also always the possibility of bringing market-relevant news without delay in experience. Decisions by central banks, economic indicators and other developments in politics and business operate in real time over the ticker. The news feed costs just as the use of the trading platform itself a cent.

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