Tuesday, March 15, 2011

Easy Forex Review

Easy-Forex has made every effort to make its online trading platform as simplistic and user friendly as possible, and this is what has seen Easy Forex grow into one of the most popular choices of broker for forex traders both new and experienced. When first setting up an account with Easy Forex trading platform you can choose the type of account you would like to use according to the level of risk you are willing to take. The type of the account you open will also determine the spread offered to you by Easy-Forex. An account can be opened with Easy-Forex from as little as $25
One of the features of Easy-Forex that many people find attractive is that there is no software to download. This is not actually unique to Easy-Forex but it gives it an edge over trading platforms that do require a software download, which is the majority. If you have had your share of download problems and set-up glitches, you will certainly appreciate this. Plus it means that you can access your account instantly from any PC anywhere in the world.
Easy-Forex offers many great tools to help you in your trading:
  • The Inside Viewer lets you see what other traders are trading on their platform. You can view the popularity of currency pairs, deal direction and open deal structure
  • The Trade Controller is the ultimate visual trading tool which gives you a clear and complete picture of all profit/loss scenarios
  • The Trade Simulator lets you open and close some deals in a live, real-time trading environment without using your own funds – a good way to try out the platform or test some trading strategies
  • SMS alerts for currency rates, deal closure or limit captures
  • Freeze rate allows you to ‘freeze’ the displayed rate for a few seconds before you confirm and open or close a deal
  • Live one-on-one training
  • Webinars on trading strategy
  • Live Chat
  • Daily and Weekly Outlooks, also archives of previous outlooks
  • Live News and Videos center
  • The Financial calendar has the dates and times of economic indicators. Here you will also find a description of these indicators
  • Multiple charts and ways of viewing them are available to assist with technical analysis.
  • News feed from Reuters
  • Interest rates table of available currencies for trade
  • Currency Rates Matrix of available currencies
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forex blog (will be linked later)