Visually appealing platforms can make a big a difference when it comes to Forex trading and technical analysis. It allows investors to analyze charts more effectively and collect accurate data measurements that can help traders in
easily identifying patterns or trends and adjusting their trading strategy while the market is active. If you are considering a platform with the above characteristics then looks no further than MahiFX, a company that offers one of the most visual and easy to use platforms on the market today. On the other hand, social Forex trading is becoming increasingly popular with a variety of platforms integrating a more community based approach with social media. Brokers that offer social platforms can easily attract new clients and help in making Forex trading accessible to the wider market. Tradeo is among those platforms that can provide this approach but keep in mind that you will need to attach an account from a supported broker. In this article we are continuing our research at different Forex platforms available to retail clients today.
cTrader developed in 2011 is the flagship product of Spotware solutions, a company consisting of technical gurus and financial experts with the aim of providing platforms with advanced STP and algorithmic functionality to Forex brokers. Their main company strategy when it comes to their products is to provide solutions that are considered "PAaS" or Platform as a Service. cTrader is a full STP platform solution that has an array of features such as in-depth charting with advanced visual themes and custom indicators that can cover the needs of all different types of traders. Another interesting feature of the platform are "ChartShots" which investors can use in order to capture their trading strategies via screenshots and share them across a variety of social networks such as Facebook or Twitter and even their individual blogs, enhancing the importance and continuous support for social integrated trading. cTrader offers multi-lingual support covering 14 different languages.
Another important aspect of cTrader is its fast execution speed and market response when trading. STP platforms as we have previously mentioned connect directly to the liquidity provides with very low latency (or lag if you prefer) leading in almost instant execution of your orders. More importantly its cross-platform integration provides the opportunity to cAlgo users to seemingly breach the gap between manual and automatic trading. Keep in mind that cTrader does offer services to retail clients.
Richard BroomStick is a financial writer that blogs about Forex. Check out our Pepperstone review
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