The right Forex products can turn a good trading experience to a great one, but the wrong Forex product will be a true waste of money. From Forex trading simulators to platforms and add-ons that can enhance each trade, we’ve reviewed the top Forex products to help you trade faster, smarter and better. Traders should take note that some Forex trading products are compatible with a limited number of platforms, while others can be used with every platform and brokerage. Check out the best Forex products to enhance your trading experience now!
The Sensible Guide to Forex is the perfect book for anyone interested in Forex. Every trader, beginner or a more experienced one, can find a use to this book, which depicts clearly every aspect of Forex trading. One should not be intimidated by nearly 400 pages, since it is very well organized and has a very detailed table of content – you are guaranteed not to lose yourself in the process of reading. So if you want to become a master in the Forex world, and make successful trades – read this book first and learn how to do it best!
FX Synergy is a new type of Forex trading software recently launched by Pecunia Systems. When looking at FX Synergy for the first time, I have to admit I didn’t see all of the features right away. Quite frankly, depending on what kind of trader you are – this may or may not be a tool for you. However, for those that find themselves managing several complex trades or even several accounts – FX Synergy is actually a fantastic tool to simplify the process. During the course of this FX Synergy review even this skeptic became a believer.
Forex markets can be extremely confusing. It is difficult to navigate between understanding technical market fluctuations, determining how politics will affect the currency market, figuring out how to manage leverage and when to enter and exit for maximal profits. Many potential traders, therefore, prefer to employ the services of an account manager, rather than taking risk management into their own hands. Other potential traders decide not to monitor the markets and place their trades at what they decide is the optimal time.
Tradeo.com has introduced a new concept in currency trading by allowing registered traders to follow the trades made by top investors for free and to copy their strategies and positions automatically into their own accounts. The service is somewhat similar to eToro’s social trading platform, but on a broader scale – Tradeo is a social platform that runs across multiple trading platforms and integrates seamlessly with many of today’s top Forex brokerages.
MYFX is a unique Forex product that is designed to enhance the performance of the popular MetaTrader platform. For Forex newbies, MYFX simplifies the trading process by providing all relevant information in a clear, comprehensive way. News updates from Forex Factory are available from within the platform, but can be hidden if so desired, so as not to distract the trader when opening or closing a position.
Andrew Keene’s recent release, “Keene on the Market: Trade to Win Using Unusual Options Activity, Volatility, and Earnings” is a seamless 'how-to' manual for anyone looking to trade equity options. In his unique, almost autobiographical style, Keene manages to keep his readers amused while revealing his secrets for making money through options trading.
cTrader is a new forex platform by Cyprus based company, cTrader Limited. It has been custom designed for ECN brokers with its initial launch for the ECN broker, FXPro. The cTrader platform serves two functions: firstly, execution of trades, and secondly, charting
It is not often in the Forex industry that there is a product that is completely unique and different. We know there are Forex brokers, some with better offers than others, but at the end of the day, they are all pretty much the same. That applies to signal providers, Forex courses, and Auto Traders as well.
The FOREX Edge instructional CD provides unique tools that can be used to gain advantage in the trading field. Using these tools enable a trader to understand how to structure indicators so he/she can produce his/her own signals. There are six detailed tools on the CD, one old one and two that are re-interpretations of older indicators using new approaches. It sells for only $1,895.00 +S&H (original price $2,495.00) and includes one month e-mail support for free. Money back guaranteed.
Forex trading is exciting but before you jump into the fire, try practicing in a simulated FOREX market with Forex Tester. Testing your strategy with this simulator will prepare you for trading with the big dogs in a manner that will save you both time and money! Forex Tester allows you to test your trading strategies against historical data in mock trades without risking real money. It comes equipped with built-in indicators or you can create your own indicators using Forex Tester API.
Want to get in-depth lessons and instructional videos from Forex trading experts? Register for free at FX Academy, the first online interactive trading academy that offers courses on Technical Analysis, Trading Basics, Risk Management and more prepared exclusively by professional Forex traders.
Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.