FXDD, a leader in online Forex trading and education, offers eight trading platforms to retail traders who trade foreign currencies. These eight platforms, as profiled by FXDD below, include Swordfish, MTXtreme, Mirror Trader & MetaTrader 4, Power Trader, Viking Trader, J Forex and ZuluTrader. Each platform is unique so FXDD notes that traders should do their research about each platform’s features and take advantage of testing them by setting up demo FXDD accounts.
FXDD Swordfish: Designed for traders who want the latest in technology and usability to trade the Forex market, FXDD Swordfish is a powerful Forex software program. FXDD Swordfish has a highly customizable interface offering many features and benefits to meet the retail trader’s style. The platform includes advanced charting, “algo traders” to run trading scripts, position based trading and up-to-the-minute news and blogs. FXDD Swordfish is also Mac OS compatible.
MTXtreme: The MTXtreme platform offered by FXDD is designed to specifically offer very competitive multi-bank pricing. It has the reliability and functionality of the MetaTrader trading platform FXDD’s MTXtreme is for high-volume Forex traders since it provides them with very competitive bid/offer pricing and often spreads of one pip or less on the majors.
Mirror Trader & MetaTrader 4: FXDD offers the Mirror Trader platform to traders because it uses cutting edge technology, a user friendly interface, rich graphic indicators and robust execution. In order to assist traders in making educated trading decisions, FXDD finds that Mirror Trader includes such trader tools as smart filters, T-Score and comprehensive, real-time strategy status cards. FXDD acknowledges that the Mirror Trader concept is a new method in trading, which introduces Forex traders to “mirroring” strategies developed by other experienced Forex Traders. An FXDD trader can add the selected strategies to their portfolio to start trading. The platform, FXDD finds, will then automatically execute and manage orders according to specific parameters and conditions as dictated by the chosen strategy. By integrating Mirror Trader and MetaTrader 4 into one system, FXDD empowers the retail trader by providing commission-free strategies that are instantly synced.
PowerTrader: FXDD’s PowerTrader platform allows professionals access to one of the deepest liquidity pools in the marketplace. Live, executable streaming prices are provided directly from large liquidity providers through PowerTrader, according to FXDD. This platform connects a large number of global banks and ECN systems to clients, FXDD adds. FXDD finds that PowerTrader also offers depth of market monitor, low commissions through a volume discount, the ability to trade the inside spread and the capability to customize a pre-determined order size with one-click rapid and secure execution.
VikingTrader: Forex traders have the ability to use PowerTrader’s functionality on a different interface with FXDD’s VikingTrader. This platform offers FXDD traders the option to execute trades with one-click, which allows quick entry/exit during fast moving markets. In order to meet the demands of high-volume traders, VikingTrader provides a complete dealing solution by leveraging FXDD’s long standing relationships with leading global banks.
JForex: Traders looking for a user-friendly interface with front-end ticket management could benefit from FXDD’s JForex platform. They can quickly enter and exit trades during fast moving markets with one-click execution. The FXDD JForex platform allows traders to develop strategies based on multiple currency pairs by using integrated technical analysis tools used to follow positions directly from charts. This FXDD platform is compatible with both MAC and PC, allows traders to place conditional orders, and has a live news feed, point and figure charts, a historical tester, algorithmic trading compatibility and real time activity and visualization of spread from tick charts. FXDD also offers the JForex mobile app.
ZuluTrader: FXDD’s ZuluTrader platform provides Forex traders with instant execution of signal provider traders. Advance statistical searching tools are available through more than 10,000 signal providers with ZuluTrader. By connecting a live FXDD account and becoming a signal provider, traders can bridge the gap between valuable information and trade execution.