What is the best automated forex trading software for beginners?
I am planning to try my luck in forex market. I have read about many automated forex trading softwares online. But I wanna here from yahoo answers community their opinion about the best automated forex trading software for beginners. Please help me choose the best automated forex trading software.
June 23rd, 2010 at 5:31 am
If you are a beginner, i suggest you to use Marketiva, which is a very good platform to start trading with and very easy to use.
Marketiva gives you 5$ real to start trading so you don’t have to deposit and if you made profit from it you can cash out, this is why it’s very good for beginners. Their platform is very easy to use and they have support during trading hours.
To open your account please visit http://www.marketiva.com/index.ncre?gid=3371
PS: it’s not automated, you have to trade by yourself. You can practise with virtual money or with the 5$ they give you.
June 23rd, 2010 at 5:53 am
Personally, I do not recommend any automated forex trading software. If such software really work, the creator of such software will never sell it but use it personally to make money in the forex market.
June 23rd, 2010 at 6:53 am
If you are looking for the right kind of automated forex trading software to boost your trading performance you will need all the help you can get. This is because the forex market is rife with virtually every kind of trading software, all claiming to be the best bet when it comes to honing your trading skills, but not all of which are effective.
The best automated forex trading software may not exactly come cheap, but if you are just starting out you have a lot of free options available to you. You can visit online brokers which offer demo and free accounts which you can use to practice your skills on, as well as learning software to help you get started.
Some sites may require a small startup fee, which you don’t have to worry about if you plan to go forward and start your very own account. You can also go for internet-based automated forex trading software. One advantage of this type of currency trading software is that it is accessible where there is an internet connection.
That means you can still check-up on your stocks even while on vacation. Another perk is that there is no need to store important data on your pc, which can be lost in the unfortunate event of a hard disk crash. If you are hesitant about relying on your own judgment when it comes to choosing an forex trading software, you can ask for assistance from your broker or dealer. He or she may be able to recommend software which will work best with your type of investment.
Another tip is to ask fellow brokers by posting your queries on the forums. Forums are the best places to network and get your questions answered the quickest. You might also get a few tips from fellow forex brokers on what currency trading software to avoid.
August 3rd, 2010 at 7:05 am
my advice put your money where you can fnd it
bcUSE THE FOREX WILL TAKE IT OFF YOU IF YOU DONT TAKE IT OUT OF THE ACOUNT JUST ONE TIME YOUR COMPUTER DONT CLEAR YOUR TRADE OR SHUT DOWN YOUR TRADE . THEMARKET CAN CLEAR OUT YOU ACCOUNT IN MINUTES OR HOURS ,
JUST AND IDEAL ONE DAY I HAVE A HOUR TRADE ON I BELIEVE I CLOSE THE TRADE AND THE MARKET WHEN CRAZY ,, YOU WANT TO KNOW WHAT THE DAMAGE WAS 45000 IN THE HOLE
FORTUNATELY IT WS A DEMO ACCOUNT ,
THAT WAKE ME UP I HAD A ALOT OF LOTS ON IT AND IT RALY 250 PIPS , GONE,
September 11th, 2012 at 6:40 pm
2 Months ago I downloaded a Forex trading system it’s name is MBFX System and I found it is the best one, It help me to analyze the market and decide like a pro, it give you a simple overview about the market.