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[hevquip]

for someone who will be getting into the forex soon (i'm spending the time to educate and overeducate myself before i jump into anything), what is the best forex software/brokerage combination for a beginner? what works best for intermediate and higher experience?

[Pongpat]

I would say FXCM,... but it's only a guess.

[feb2865]

Hevquip

Unfortunately, there's no trading platform/chart package for begginers. Personal preference plays a big role when it comes down to select a broker. As for learning, I think they're all aceptable. When I started, I downloaded several platforms and toyed around with them for a while. As a trader, I have some specifics needs and I know exactly what I want from the market so I was looking for a broker that at least come close to my needs.

Check the spreads, but don't entice yourself with brokers offering super-low spreads. Remember, your broker is your eyes and ears on the market. Sometimes they give low spreads but when it comes down to execution, well you get the idea.

To me visualization is very important. I need to read my charts from a distance. I need charts to be user-friendly and be able to adapt for quick changes in the market. I prefer to place the order in the chart itself, that saves me a ton of time.

You're going to find traders everywhere telling you that this broker is better than the other one blah blah blah, much of that based on their personal experiences and most of the time their opinion is completely biased. I find this pretty silly IMHO.

I personally had a situation with FXCM in 2004. But this is 2006 maybe they made changes, who knows.

Remember, once your find a package that suits your needs, you're in the diver's seat.

Aslo try their customer service. I suggest more than once. If you're a trader that relies heavely on indicators, or if your're looking for an specific one, check if they have it. Also check if you can get a script and program it, custom-made for you or someone else.

Take your time and play with the ones you like. Go to various sites and check them very good. It took me one good year to figure out what broker to choose, among other things, before I started trading live. I am not saying you need a year but just take time .

utions just released a new charting package. I try it for a while today . It's is not fit for my trading style but looks good.

cheers

Raul

[hevquip]

yeah, i'm approaching this pretty cautiously, hence the reason for me saying i'm educating and overeducating myself on this. i'm not expecting to see huge returns or anything like that in the near future and understand that there has to be a good deal of knowledge on my part to see some positive results and can accept that trial and error will be part of the learning process. there's a lot of sites that come up for different forex apps, but i'm definately more interested in what others have to say as opposed to the hype.

[swopejs]

I agree completely with feb2865 - virtually every broker has demo software, so I downloaded a variety of platforms and found what suits my trading style. It took me some time (almost two years!) before I settled into a particular platform; you HAVE to be completely comfortable with the interface, otherwise you'll end up making mistakes because you clicked on something you shouldn't have . . .

[tradertrader]

Before I traded with different platforms, but finally I found Dukascopy, were somehow my strategy gave me more profit than before. That's why I do not want to change it. Before I traded with different platforms, but finally I found Dukascopy, were somehow my strategy gave me more profit than before. That's why I do not want to change it.

Before I traded with different platforms, but finally I found Dukascopy, were somehow my strategy gave me more profit than before. That's why I do not want to change it.

[steelestimating]

Originally Posted by hevquip

for someone who will be getting into the forex soon (i'm spending the time to educate and overeducate myself before i jump into anything), what is the best forex software/brokerage combination for a beginner? what works best for intermediate and higher experience?

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[hyipfrance]

Originally Posted by hevquip

for someone who will be getting into the forex soon (i'm spending the time to educate and overeducate myself before i jump into anything), what is the best forex software/brokerage combination for a beginner? what works best for intermediate and higher experience?

Good broker always demand big deposit so I suggest stick with mini account from fxopen

[Pheniox_Bernard]

Excalibur V3.5 beats them all hands down.
Demo works on a live or demo account.
Only program I know that works as a demo but will trade live so you can actually make money before you buy it.

Pheniox

Excalibur V3 Automated Trading System Download Demo Here.

[kenny1703]

Originally Posted by hevquip

for someone who will be getting into the forex soon (i'm spending the time to educate and overeducate myself before i jump into anything), what is the best forex software/brokerage combination for a beginner? what works best for intermediate and higher experience?

FXCM i thinks so......

[jeff15]

According to me MT4 is the best forex software.

[ubertrader]

My vote goes to Kerford Investments. Their trading software will be easy to use for a beginner like you. just add a dot com next to the name i have given to visit them.

[vladv]

Originally Posted by ubertrader

My vote goes to Kerford Investments. Their trading software will be easy to use for a beginner like you. just add a dot com next to the name i have given to visit them.

Thanks for sharing this!I will try it for sure......

[Rogerh]

Originally Posted by Pongpat

I would say FXCM,... but it's only a guess.

Yes, FXCM could be helpful for this to some extent. Certain other softwares like MT4, Excaliber would help you in this regard.

[fictraders]

even i not trade at fxcm..but i agree fxcm is the best software