Currency Trading Software Currency trading is otherwise and mainly known as Forex trading. Forex trading stands for Foreign exchange trading, that is all the different ‘foreign’ currencies being exchanged for each other. Trading can only take place on a software, known as a platform. Before the rise of internet trading was done manually on trading floors by professionals who put bets on currencies right there and waited to see if the currencies would move up or down. These busy loud rooms cannot be found anywhere anymore, because all this has been replaced with small trading softwares that can be installed on pretty much any device, from computers to phones to tablets. Trading softwares are all connected to the market where they get the prices of currencies in real time and the constant changes. They are also equipped to make direct orders to the market every time a trade is made. In some companies which have a dealing desk, the software is only accessed by the company, where employees at the dealing desk take orders and send them to the market, and take prices from the market and insert them onto the platform. Trading software manufacturers which design and sell programs like Metatrader 4 and cTrader aim their services at Forex brokers, because Forex brokers will buy the software and offer it to their clients, and even though traders are the ones who are always using the software, they are not buying it. Of course being on the good side of traders is a must, as Forex brokers will purchase programs desired by their clients. FxNet Team fxnet/news/currency-trading-software FxNet Ltd is a global, fully licensed Over the Counter (OTC) online Forex and commodities broker, regulated by the Cyprus Securities and Exchange Commission (CySEC). FxNet is located in Limassol Cyprus. FxNets mission is to reach and retain traders around the globe through exceptional customer service, integrity and continuous innovation that will provide our clients with simple, exciting and secured trading platforms
Posted on: Mon, 27 Jan 2014 09:15:14 +0000
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