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What is a trading terminal
For the registration of transactions traders use trading platforms. Some brokers use their own custom designed terminals, majority uses Metatrader4. This forex brokers most popular all over the world and provide it for virtually all brokers.

The trading terminal - is a special program in the timekeeping mode, which allows the trader to monitor the changes in quotes, swing trading in the stock markets, to analyze the information using the built-in program tools, charts and advisers and to draw conclusions on the basis of which it is possible to conclude a bargain.


Trading terminal provided by the broker free of charge. It often happens that the broker is changing almost universal terminal Metatrader4 and then change the name of your. So get a new trading terminal Forex Teletrader, Brocotrader which are based on the same Metatrader4. Although there are large brokers who use their own development - for example Forex club trading terminal Rumus, but this is rare.


The main thing when choosing the trading terminal - user-friendly intuitive interface, speed, security. You can compare platforms almost, just open a demo account of each broker and trade at the proposed terminal. You need to evaluate the convenience of the terminal, performance, responsiveness of the broker. Depends on the speed of transactions, which is very important when working. Foreign brokers have their terminals CQG, Currenex, Integral - you can try to trade on them, no particular difference.


Most commonly used by all brokers Metatrader4 platform is universal and differs only in the settings. User-friendly interface, good Analytics, the ability to trade on the news, a large number of orders, lots of charts, indicators and expert advisors. Growing rapidly is the mobile version of the trading terminal for iPhone, Android, Windows Mobile, which enables traders not to miss important changes in the Forex market even when they are detached from the laptop or computer.

Category: Forex | Added by: (29.10.2017)
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