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11/07/2024 6:36 am
After fees, what’s the most important feature in a brokerage? Forex brokerages typically offer a downloadable desktop app, mobile app, and web-based trading platform. The best trading platforms offer live data, flexible charts, custom views, and rapid-fire trading capabilities to lock in your profit at the perfect moment. Charting tools can range from the very basic to the highest levels of sophistication.
Major international events such as the 2008 Global Financial Crisis can completely disrupt market trends. A trading platform acts as an intermediary between you and a stock exchange so you can make trades. Although some packages can automate trades, stock trading software is not designed to place trades for you, but rather to help you with market analysis. A trading platform is computer software which market participants can use to research, place, monitor and edit trades with a broker or other financial intermediary.
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