Kinds Of Forex Trading Platforms

Nowadays, forex traders can trade on different types of trading platform, which are downloadable and web-based (online) forex trading platforms, these platforms can further be classified according to their programming language, and also its trading model, there might be other types of trading platform used by forex brokers, but the main aim of this software is to provide access to the online currency quote, by opening an account, receiving login details, which the traders uses to login to his/her forex trading platform.
Forex trading platforms can be a web-based (online) platforms, which are run on java and accessed by the trader, by typing the url into the web browser, from where the login details are used to access the forex trading platform. This type of platform is more lighter and accessible from anywhere, without the trader carrying the computer, or hand-held device where a downloadable platform is stored.
The downloadable type of platform, are software which must be downloaded into the trading gadget. They come in form of executable files, which must be unpacked and compiled into the forex trading platform.
These forex platforms, can further be classified according to the various programing language used in their design. Thus we have the following; Metatrader, this is the most widely used form of trading platforms, available to forex traders and can be metatrader 4 or 5, they are designed by metaquotes inc. This software is so popular, that forex brokers, that never offered the mt4, are forced to do so. The easy use and user-friendliness of this platforms, have made them a trader’s staple. Acttrader is a forex platform, produced by actforex ltd, it is a platform used by brokers like avaforex, the design and the process of placing order, is different from that of the mt4 or mt5. This platform, is available in both downloadable and web-based versions. Tradestation, this platform is developed by tradestation technologies inc, and runs a lua programing language. This platform is used by interbank forex, and capital market ltd, as part of their trading suites.
Ctrader, this is a platform manufactured by spotware systems ltd, this software, is an example of electronic communication network platform, providing access to direct market forex trading. This company (spotware systems ltd) specialize in making forex trading platforms, for ‘ECN’ traders. Calgo, is another platform produced by this company, that allows alogrithmic trading on the ctrader platform.
Currenex is another type of trading platform that comes in two forms, the currenex viking platform, which is an ‘ECN’ platform and the currenex classic platform, which is a dealing desk platform, and operates under market maker conditions. The currenex viking is used by professional forex trader, and is more difficult to navigate while the currenex classic platform, has charts and tools that makes it easier to navigate, and is suited for beginners, and less experienced forex traders.

How Will You Decide Which The Best Software Is For Your Firm

If you take look at these questions they seem very simple, but when you follow them they become quite difficult and the search of the perfect software is turned out to be a hard task for the advisor. But fortunately with some criteria you can easily find the proper Mutual Fund Software for your advisory firm.
Essential Criteria for the right Software for mutual fund transaction: –
1.Online availability: – When you choose software you need to keep in mind the software you are choosing is providing you online accessibility, so that it will helps you to serve your customers anytime and anywhere.

2.CRM Handler: – Every financial Advisor has to manage the CRM of their customers, and for that you should select the software which will handle all the CRMs in your place.

3.Mobile App: – This is the modern era of nano-technology and every investor want the facility in their hands, and with the mobile app facility you can provide the complete software in your customer’s hand.

4.Service Helper: – Choose the one which will help you to provide the best and quality service to your client and support them after the service without causing any confusion.

5.Insure the invested money: – the money investors invest is the result of their hard work, and secure that money is your responsibility, therefore, select the software which is able insure the customer’s money even after the many years.

6.A Portfolio manager: – While selecting, you have to remember to select one with complete portfolio management facility that should be capable to manage your each and every client portfolio perfectly.

7.Complete valuation report: – The right software is always able to provide the complete valuation report to the customers and for the customer, so during the selection you must keep that criteria in your selection.
These criteria will help you to choose the excellent Mutual Fund Software for your advisory firm as well as makes you capable to grow your business.

trading involves maximum risks

Apply Best Trading Strategy: Day’s high and Day’s Low

One should also try to use the risk management tools like Stop Loss to minimize their Loss. Trading strategies like Day’s high and Day’s Low can be used to trade effectively in the stock market. In the day’s High and day’s Low Strategy, the market of previous day is considered. The high and Low of the yesterday’s Market is marked.

Best Trading Strategy: Buy at yesterdays high and Sell at Yesterday’s low

In this strategy, we buy at yesterdays high and sell at Yesterday’s low. We can put pending orders at yesterday’s high and Yesterday’s Low. If the market crosses yesterday’s High, It is anticipated to follow the up-trend. Thus, a buy call can be placed to take the benefit of the uptrend. If, the price crosses the yesterday’s low from above, the stock is anticipated to follow a down trend. Thus, a sell trade can be placed to take the benefit of the down trend. During these up trends and down trends, the trailing sop loss can be used to lock the profits. For example, if the market is in uptrend the level of stop-loss can be moved up as the stock price goes up. Similarly in case of down trend, the stop-loss level can be moved down, as the price moves down. The concept of trailing Stop Loss is very useful in locking profits and preventing losses.

Drastic Movements of Stock Market

Stock Market is a kind of business which is driven by fear, greed, and selfishness, and very few stocks give a chance to earn good profits. The drastic market movements can only be understood by the research specialists who perform continuous analysis. At ProfitAim, we focus on the stocks which have a High win rate and low losing rate.

There are 3 important segments of equity trading. Cash segment, Futures Segment and Options segments are the major ones. In case of Cash Segment, the current price of the equity is traded. In case of options, put or Call can be bought or sold. In case of futures, a future contract is signed. ProfitAim Research provides expert advice in form of Stock Cash Tips and Stock Option tips. Our ultimate aim is to satisfy our clients with maximum profits from their intraday positions.

Professional Investment Consultant

The following services by an Investment Consultant can help you to enjoy a hassle free investment experience and guide you to achieve maximum benefits during entire process:

1. Advice on Tax implications both in India and abroad
2. Filing your returns in India
3. Guidance on Double Taxation Avoidance Agreement
4. Advice on Bank Accounts
5. Advice on FEMA

Various areas of concern arise when an NRI decides to return to the country. NRI’s need guidance and planning before returning to the country. S/he must be guided by the Foreign Exchange Management Act and the Income Tax Act. Listed below are few hiccups that must be addressed before an NRI returns to India:

1) Planning the date of return to enjoy minimum tax liability for that financial year.

2) Possessing and operating NRI bank accounts upon your return and tax implications thereon.

� For NRO account, it must be re-designated to Resident Account
� For NRE account, it must be transferred to RFC account or re-designated to Resident account
� FCNR account, it must be held upto maturity, then converted either to RFC account or to rupee account
� RFC account,It can opened and maintained with authorized dealers on becoming residents. The funds are fully repatriable and denominated in Forex. The funds can be remitted in a foreign country for a genuine purpose by account holder or dependents.

Technical And Fundamental Analysis

There are different strategies, which the traders can follow in stock market venture. The ultimate aim is to buy at a low price and sell at a high price to gain the profit. Thus the trader can buy first at a low price and then sell at a high price. This step is known as long the stock. Similarly the trader can sell at a high price first and then buy at a lower price afterwards. This process is known as Short the Stock.

Anticipate the Market Movement with Technical and Fundamental Analysis

There are some important ways like fundamental analysis and technical analysis, to predict the movement of the stocks and thus long or short the stock to gain profits. In fundamental analysis the key fundamentals like company’s history, its past earnings and P/E ration are calculated. Fundamental analysis is done to determine the stocks which are fundamentally strong and thus will give good performance in the future. Fundamental analysis is used to determine the stocks, in which the investors can invest for long term.

The trend is an important concept in fundamental analysis and it is always advisable to trade with the trend or to trade in the direction of the trend. The trend can be up-trend, down trend or flat-trend. In case of an uptrend it is advisable to go long as the price of the stock is expected to go high. In case of a down trend the trader is advised to �short� as the price of the stock is expected to go down.

After the fundamental analysis, the Technical analysis is carried out. In Technical analysis, the past movement of the stocks is analyzed to predict the price movement in the future. The charts of the stocks along with various time frames are plotted to understand the movement of the scrip and to identify the trend. The trend is an important concept in fundamental analysis and it is always advisable to trade with the trend or to trade in the direction of the trend. The trend can be up-trend, down trend or flat-trend. In case of an uptrend it is advisable to go long as the price of the stock is expected to go high. In case of a down trend the trader is advised to short as the price of the stock is expected to go down.

Thus, we have seen that the fundamental and technical analysis, play an important role in anticipating the movement of the stocks. The traders are advised to take the help of expert advisory firms like ProfitAim Research to trade effectively in the Stock Market. These advisory firms provide stock tips in form of Stock Cash Tips, after proper technical and fundamental analysis.