Being one of the fastest-growing financial markets today, the forex market is thriving. In fact, 9 out of 10 investors worldwide have made the move from stocks trading to Forex trading. Online forex trading is fast becoming the trading method of choice for many investors. The reason behind this is because they offer several benefits such as trading 24 hours a day, 5 times a week and low trading costs with no hidden markups.
General overview: iforex trading platforms
One of the leading players in the industry is iforex. Forex trader iforex has a multi-lingual internet-based trading platform. This makes it easy for iforex to provide mass trading volume to tens of thousands of clients across the globe. It provides account holders 3 platforms that offer functionality coupled with live data and the client’s historic data. The mobile platform of trader iforex has many currency pairs to choose from and enables the clients to place trades and constantly monitor their positions. There is complete and immediate access to balance sheets, equity, and margin details. The Windows application of trader iforex, called the Smart Client platform, requires downloading. This is ideal for one-click deal openings and it shows advanced integrated charts.
Detailed look at Trader iforex platforms
As mentioned earlier, iforex offers three platforms for its clients. If a trader wishes to use all three platforms, it accommodates the same username and password to make it easier. The three platforms are Mobile, FXnet Trader, and Web Based Platform.
Like some of its competitors Plus500 and FXCM, trader iforex has a mobile platform. Many online brokers are recognizing the importance of mobile platforms because more and more clients are using them. However, not everyone has them, like online trader Xtrade. Iforex mobile enables the user to trade over 200 stocks, indices, currency pairs, and commodities. There are also innovative execution gestures such as Swipe-to-Close. Traders are able to closely monitor their transactions in real time and they have complete access to their accounts. It also has a customizable layout for ease of usage.
For traders with more experience in the foreign exchange market, iforex presents the FXNet Trader platform. This downloadable platform is a Windows client application. It contains all relevant data and enables the user to run it simultaneously along with other programs. It also allows for customization and personalization. The design is ideal for professional traders, and it features a one-click deal opening, full single screen function, customized view, and advanced charts that are integrated.
Iforex’s web-based platform lets their clients avail of features that can be accessed directly without downloading such as opening and closing positions, deposits and withdrawals, and viewing account history. Ideal for those who wish to fully access their accounts anywhere they are, it features standard browser access, a secure SSL environment and firewall access management.
Various trading tools are also made available to clients so that they can maximize their trading potential. Such tools provided for are an Economic Calendar, Charts, and Advanced Trading Signals. The Economic Calendar allows the trader to see the latest financial releases. The charts have more than 40 studies that the investor can analyze. The trading signals help account holders time their trades well.