Many Forex brokers are constantly improving their services, but few add dramatic new offerings as regularly as FXCM. Only two months ago FXCM launched its revolutionary Forex app store which offers dozens of helpful Forex trading applications for those who depend upon mobile Forex trading. Now the brokerage has announced another exciting development, the addition of NinjaTrader services to its offerings.
NinjaTrader is a charting and educational program that offers automated Forex trading, up to date market analysis, trading simulations and multiple data feeds, all in its standard package, which is free for all traders who wish to use the software for demo trading. Additional services are available in the paid versions of the software, which live traders can lease for $50/month or to purchase for $995 (for use with a single broker). By licensing the service for its traders, FXCM users will be able to access all of the upgraded services of NinjaTrader free of charge, including:
- Advanced charting and market analyzers
- One-click executions for manual orders
- The ability to create custom trading systems and strategies
- Live webinars
NinjaTrader also offers trade simulations, which ostensibly vary from the standard FXCM demo account because traders can simulate trades with NinjaTrader analysis for optimal results. "?FXCM added NinjaTrader to its offerings in response to high demand and in recognition of its distinctive features and the uniquely customizable trading experience it offers," said Drew Niv, CEO of FXCM. And, based on past experiences, we expect FXCM to continue responding to the demands of its traders in a very accommodating fashion.