Wednesday, September 24, 2008

Looks at different Forex Trading Platforms | ForexGen

There are many different forex trading platforms that traders can use. The choice can be a bit daunting for the new trader.

At FXAcademy.net we suggest new traders start with the most commonly used forex platform amongst retail traders has to be the metatrader 4 platform. It is both very easy to use and has good charting software. It also has the ability to run expert advisor scripts. These are scripts that open and close positions automatically according to a set of rules. Expert Advisor scripts usually require little or no human input.

There are a wide array of technical indicators that can be used to analyse charts such as RSI, Stochastics, moving averages, momentum indicators etc. Unlike many platforms, MetaTrader 4 also has the ability to use custom trading indicators

By registering on ForexGen, you create your ForexGen profile and you can go ahead and open as
many Demo accounts , and Live accounts as you need. All accounts can be created online and
managed under your ForexGen profile. You can mix between Mini, Standard, Pro, Premium and
No Dealing Desk accounts in one Profile. Instant Approval.


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