forex trading system
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Forex Trading System

The forex trading system is intuitive and ergonomic. All trading functions can be performed from the main screen, including placing a trade, leaving an order, position and order management, and margin analysis.

A screenshot of the main trading screen is provided below with each section numbered. Below the image is a list of the numbered sections with a short description. Click on any of the numbered links to see specific information about a particular section of the forex trading system. Specific information about trade execution and order management is also provided. Remember that our customers get free, live training. Go to the Forex Day Trading home page for more info.

forex system

Executing a Trade: Auto Stop Loss / SQRButton / P&S Button / PO Button
Leaving an Open Order (Conditional Orders)
Order Management: Edit or Cancel an Order
  1. Currency Dealing Boxes: one box per currency pair; view real time forex rates; click on the BUY or SELL to instantaneously execute a forex trade.
  2. Forex Rate History: quick snapshot of current bid/ask rates, today's high and low prices, etc., by currency pair.
  3. Forex Position Management: real time, summary view of all open forex positions. Use the position section to place, monitor, and cancel orders.
  4. Economic Calendar: Weekly listing of upcoming economic reports, including date and time, country, forecast, previous and actual figures.
  5. Forex Charting: access the free forex charting tool of the software by clicking the "Charting" tab.
  6. Margin Analysis: real time information about margin, P&L and account balances. Click the "Deal Analysis" tab to access this information.
  7. Trading Activity Log: lists each action completed or attempted in your forex account
  8. Deal Blotter: provides pertinent details on all open forex trades, as well as trades that have been closed out during the current trading day.
  9. Forex News: Stay on top of the news that can affect the forex market. Twenty-four-hour streaming news service from Thompson IFR provides market news and analysis that trader's can react to.
  10. System Log In/Log Off: enter your user ID and password and access user configurable settings for the forex trading system.
  11. Reports: access to several forex trading reports for data export or printing.
  12. User Tools: Forex trading tools, including COMPASS indicator by Nostradamus.
  13. Forex Commentary: expert forex market analysis provided by senior traders

Forex trading platform requirements

To use our forex trading system with free charts and obtain the best results possible, we strongly recommend the use of Internet Explorer version 5.0 of higher. To maximize your trading screen space, expand the trading system to fill your entire monitor screen by pressing the F11 function key on your keyboard or selecting View > Full Screen in the Internet Explorer tool bar.

How to use the trading platform will be covered in our free, live FX training webinar.

 

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