The Forex trading market is the largest
financial market in the world. Constantly reacting to the
fluctuations of global economies, it exposes investors to both
potentially great profits and substantial losses.
Trading via an API or using a black box trading system
The Forex trading market is the largest financial market in the
world. Constantly reacting to the fluctuations of global economies,
it exposes investors to both potentially great profits and
substantial losses. To hedge against this volatility, clients
trading on the Forex market can try to improve their ability to
predict market fluctuations by using computer-based trading
Trend and News trading systems
Automated trading systems analyse the currency market using
various signals and algorithms, to try to determine profitable
trades. Trend-trading systems identify existing market trends or
changes in those trends using various mechanical indicators. The
system then manages trades in accordance with this data.
News-trading systems trade according to fundamental news events
and can be triggered either by the news event itself or by pricing
anomalies detected following the news event.
There are a number of trading systems on the market, some of
which can be expensive and may require high speed internet
connections and top of the range hardware.
Tip: it is important to review the options
before spending large amounts of money and to ensure the system you
are buying is suitable for your trading requirements.
Further resources on Forex trading
Comparing Forex brokers
Below is a table of Forex brokers with a few key account-opening
criteria that we believe should be considered when you are deciding
which broker to open an account with. It's not always about price;
finding a broker that suits your style of trading and your
technical requirements is as, if not more, important than shaving a
few pence off of your dealing costs.
Start comparingForex brokers