Forex News Analysis Article:

Forex Trading Software, What To Look For
By Mike LaVallee
The development of trading software is what makes it possible for foreign exchange traders to make trades from their own computers. The majority of these software options are included for download when you open an account with a particular trading company. These software packages allow the trader to customize the desktop so that all the necessary information is right in front of them. As with every other aspect of e-commerce, the increased quality of this software has revolutionized the way that people trade forex.

One site that offers their own version of trading software when you open an account with them is www.forex.com. This software is widely used and has a high rate of customer satisfaction. Their customer service center is open 24 hours a day Monday through Friday so that you can address any issues that you may have immediately. Experienced traders know just how costly down time can be, so it's important to have someone to talk to immediately should you have problems.

Another site that offers free downloadable trading software when you open an account is www.gftforex.com. The software that they make available to their clients is called Dealbook360. This state of the art trading software is simple enough to allow beginning traders to feel comfortable but powerful and comprehensive enough to keep even the most demanding foreign

exchange traders happy. Additionally, Dealbook360 monitors some of the tightest bid/buy spreads available, thus increasing your profit margins.

A third reference that you may find useful is www.fxstreet.com. This page lists all of the major trading companies and the financial institutions that they run out of. This site also lists what kind of software each trading company is currently utilizing. Aside from listing the trading software that a particular company is using, this site also provides useful current information about pip spreads and a few other details about each site. Do you want to know if a particular company offers live technical support? You can find the answer quickly on www.fxstreet.com.

Like any operating software, most brands of trading software are all built around the same basic template. While there might be slight functional differences in the way that they operate, they are all pretty much the same. The biggest differences and the differences that make a difference are found in the intangibles. Things like customer service records, availability of updates, and compatibility are all features that cause some trading software to stand beyond their competition when compared. Take the time to read what other consumers have written about various software providers and you will soon see which versions stand out in customer satisfaction.

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