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Forex Brokers Providing Charting Package

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Forex charting software is an analytical and computer-based tool used to help traders with forex trading analysis by charting the price of a given currency pair along with various indicators. Many traders use forex charting software packages to determine the likely direction on a given currency pair in a given period. The information can be as simple as a plot of prices, or it can include additional information helpful for the technical analysis of currency pairs. This information helps a trader identify the most advantageous trading pairs and timeframes.

Many forex brokers offer some form of charting software to their traders using their services, in which some of those are listed below.


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Additional FAQ

While it shows the market conditions in-depth, it is not updated regularly. It is basically a snapshot of a certain moment in time. In addition to that, DoM is not available in all trading platforms.

Continue Reading at Your Simple Guide to Depth of Market

Both platforms are good, but they have their own purpose. Here are the differences between the two platforms:

  • MT4: Good for basic orders like stop orders and limit orders
  • MT5: Best if you need to adopt a strategy that needs more flexibility in setting the pending orders

Continue Reading at Comparison of Pending Orders in MT4 and MT5

MetaTrader has a design pattern that resembles the classic Windows 98 style. On the other hand, cTrader offers a modern and clean interface that is more appealing to younger traders.

Continue Reading at Which is Better, cTrader or MetaTrader Raw Spread?

SIRIX is an innovative forex trading platform developed by forex-related software provider Leverate. It integrated a social trading system and store, as well as a versatile web-based interface.

Continue Reading at Get To Know SIRIX Webtrader Advantages And Disadvantages