Feed: Forex Trading Products - Consumer Reports & Unbiased Reviews - AggScore: 83.8

TradeFxPlus is a paid service that provides daily, real-time buy and sell forex trading signals on major currency pairs. Signals can be used to make trades with any forex trading platform. Users can receive the forex signals through the website, email, or SMS messages.

Signals are created using methods such as Cycle analysis, Fibonacci, Gann Angles (astrology),  and  Elliott Wave. All signals are looked at by forex trading experts before being released to members of the service.

The signals provided by TradeFxPlus are accurate buy and sell alerts that come with entry, exit and stop-loss points for traders to utilize.

Service also provides clients with a live forex trading account log where users can record and keep track of all pending and open market orders performance.

Forex Club, or Fxclub, is an online forex broker dedicated to providing its customers with as many features and benefits as it can. As you could tell from their website, the company seems to be adamant about providing its users with as many advantages over the competition as it can.

Forex Club members get to use the trading platform developed by the company when trading. This platform has been specifically created for this broker and the needs of its clients. The broker is constantly looking for ways to improve the software to make the user experience as positive as possible.

One thing that Forex Club seems to encourage is experimentation. The broker is set up so that losses hurt traders as little as possible, rewarding those who take educated risks in order to increase profits. New and inexperienced traders are enthusiastically welcomed by Forex Club.

The Oanda Forex trading broker claims that they are a different kind of online broker. According to their website they strive to break away from the pack and use novel ideas to make trading more profitable for their customers.

An interesting feature of the Oanda broker is their “Oanda FX Game”, which allows their traders to trade fake money under real market conditions. This allows people to get a good feel for their FXTrade trading platform, before making actual decisions with real money.

Oanda also has a section they call the “FX Labs” which seems to be the people who create the currency tools that their customers use. FX Labs encourages feedback from their users in order to improve the end-user experience and to find ideas for new programs and tools.

Finexo is a forex trading broker that believes forex shouldn’t just be for experienced traders. They have tried to create a very user friendly interface that allows newbie and expert traders the chance to trade forex easily and quickly, without much hassle at all.

Finexo also believes in flexibility, especially when it comes to forex trading. This is why they offer numerous methods of funding trading accounts. Also, once an account is created, it isn’t restricted too much. Changes can be made based on what the trader needs. This helps to make trading much easier.

Another important aspect of Finexo is their desire to improve the trading skills of their users. Finexo wants you to make money in forex, which is why they provide daily reports and market analysis, exclusive to Finexo traders. They also make sure that all information on the site is up-to-date and in real time so that traders get the right information as soon as it is available.

The Forex Options Trading Course aims to teach forex traders how to successfully and profitably trade forex options. Most traders are unaware of the fact that, like stock trading, it is possible to trade options in the forex market. This course is meant to serve as an easy way for a forex trading to learn more about this section of forex trading, without risking any of their own investment money just yet.

The course is taught by forex option trade expert, Greg M. McDermott. Greg has worked for numerous financial institutions, managing their foreign currency exchange operations. He has also traded as an individual. Over time he has developed many profitable systems for forex trading and specifically, forex option trading. He brings his forex experience and expertise to the Forex Options Trading Course.

The course is split up into 8 online training sessions. The material covered in each section is available for download after the course. Topics get more indepth as the course proceeds.

eToro aims to simplify the trading process by offering tools that help to visualize what exactly is going on during a forex trade. eToro hopes this will make it easier for new traders to understand forex and to make trades confidently.

Many of the tools at eToro are almost like games that the trader can watch as they put in their trades and watch what happens. This allows newbie traders to get a better view of what is going on with the trades they are making.

eToro’s platform is designed to make Forex trading a community oriented experience, with features such as private and public chat rooms, user forums and championships for active traders.

eToro has designed a large amount of features that make trading, monitoring, communicating and staying informed about your trades much simpler and straight forward.

Forex Brotherhood is a new forex membership site designed to give all forex traders everything that they could possibly need to trade forex profitably. It is the ultimate resource for forex traders who want to make those pips in the fastest way possible. New and expert traders alike will find something in The Forex Brotherhood that will help them in their forex campaigns.

Because this is a membership, members receive new resources on a consistent basis. The factor that separates Forex Brotherhood from most other membership sites is that not only do customers receive information on a monthly basis, with this membership, they will get new content on a weekly and daily basis. This means that members are getting their money’s worth every single day.

Another great thing is that the information you receive isn’t just coming from anybody. The site is run by expert traders who know their stuff. Everything you get was created by someone who knows exactly how forex works and has been able to trade successfully for many years so you the stuff you in The Forex Brotherhood works.

Forex Assassin is a semi-automatic forex trading program that once set up, tells you which trades to make and when to make them. You tell the program your risk tolerance and how much you want to make and then it calculates appropriate trades to make. Then you make the trades at the specified times.

This software was built with working people in mind. People who have to work for most of the day and do not have time to watch the markets are this products target audience. Forex Assassin is made in such a way that people who cannot stay at their computers all day watching forex can still make good money in the market.

This program is also a good place for newbies to start at when they are not sure yet what trades they should be making. Forex Assassin can deal with as little as $100 in an account, so those with little cash on their hands can still trade a bit.

Wave59 RT is a forex trading software program that provides the trader with up-to-date indicators like RSI and moving averages, and also with newer, more accurate methods to determine the best trades to make and when to make them.

Wave59 includes methods such as custom-built neural nets, geometric pattern analysis, and the fibonacci vortex. Many of these methods are exclusive to the Wave 59 software and cannot be found in many other the other forex trading software programs that we have reviewed on our site.

This software was not built by computer programmers like most indicator software. Wave59 was built by actual forex traders. This is good because it means that the brains behind the program are actually people who have experience with forex and know how the markets really work. This helps make the program extremely valuable to traders who use it, as it is like they are being mentored by and forex expert.

The main developer of Wave 59 is Earik Beann, an active forex trader.

Wave59.com

Forex Tracer is an automatic forex trading software program that uses complicated but accurate algorithms to determine the best trades. It then automatically makes those trade without he need for a user to tell it to do so. This software works with any MT4 broker program, so it should work with a large variety of brokers.

This software is one of the more affordable automatic traders. Forex Tracer is a good product for new traders who are not completely well versed in the world of forex, and need to be eased into the industry before trading on their own.

Forex Tracer is not guaranteed to make money for everybody. It does lose sometimes, although the developers have programmed it as best they can to try and avoid as many losses as possible. Still, forex can be very unpredictable and so if you use Forex Tracer or any of the other forex trading software, you should always periodically check up on it to make sure it is actually making you those pips.