| Headquarters: | Seychelles: office 10, floor 2, Vairam Building, Providence Industrial Estate, Providence, Mahe, Seychelles Cyprus: office 102, 13/15 Grigori Afxentiou, 4003, Limassol, Cyprus |
| Foundation Year: | 2012 |
| Country: | Seychelles |
| Email: | support@justmarkets.com |
| Trade Platform: | MT4 for Desktop, MT4 Web Terminal, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader MT4 Multi Terminal, MT5 for Desktop, MT5 Web Terminal, MT5 Android, MT5 iPhone Trader, MT5 iPad Trader, Platform for Android, Platform for iOS |
| Acc Funding Methods: | Credit Card, Debit Card, Western Union, Perfect Money, Neteller, Skrill, FasaPay, Internal transfer, Local Deposits, Bitcoin, TrustPay, Boleto, Multiple local methods, Sticpay, PayTrust, PayRetailers, Payment Asia, Crypto, Absa , Help2pay, Pix |
| Max: Leverage: | 1:3000* |
| Min. Deposit: | 1 |
| Base Currencies: | USD EUR GBP JPY MYR IDR THB VND KWD CNY ZAR |
| Min. Spreads: | 0.2 pips |
There is no doubt that foreign exchange (popularly referred to as Forex) trading has really developed over the years to a considerable extent, that it is almost impossible to trade Forex without having a Forex trading software – the Forex trading software is indeed an essential tool for any Forex trader.
This is the part where you ask “Why exactly does a Forex trader need some sort of software when trading Forex?”
The Forex trading software is needed by the Forex trader virtually every single day in order to access market info in real-time. The software helps the trader get the necessary information that is needed in order to make trade decisions without needless delays – the information is delivered to the trader instantaneously.
If you are interested in Forex trading, you will naturally want to know what you will need to search for when selecting Forex trading software.
In addition to that, you can also choose the best Forex robot which is fully automated and the advantage of this Forex robot is that it will work while you are sleeping.
There are actually 3 major criteria that you will need to watch out for prior to investing your hard-earned money on Forex trading software:
Okay, let’s delve deeper into the details of the aforementioned criteria.
The Type of Forex Trading Software
As a newbie Forex trader, it is important that you know the different types of foreign exchange trading software as well as Forex trading method. You can choose between server-based or web-based trading software.
With the server-based foreign exchange trading software
, traders' and users’ web transactions and content are stored using the data servers. The major concern when choosing to use server-based trading software is that there are usually data transmission delays due to the physical distance between trader’s machine and the major server and the internet connection speed. In addition to this, traders will also require a well-equipped PC that will function as a data server. What this means is a one-off setup expense – that is, if you are not doing the setup yourself, you will also need to shell out some money for maintenance and upgrade expenses.
With a web-based Forex trading software, there is no need for installing a particular server as the software resides on the Forex broker’s site. All a trader will need to do is simply log in to the site and make use of it – this is why the website-based software is much more popular.
Check our next post for more!