The Advantages Of Automated Forex Trading:

An increasing number of people are being drawn to Forex trading in preference to the many other forms of investment available today and it is not hard to see why.

The Forex market is the largest trading market in the world with a steadily growing trading volume which has risen from some $500 billion dollars to $2 trillion in the last twenty years. It is also an incredibly liquid market which is not tied to any particular trading floor and operates around the clock across the world making it effectively a permanently open market. As one market closes another is opening and you can effectively follow the markets around the world as you trade and even all but eliminate the fact that the market in your home country will close for the weekend.
It is no wonder therefore that Forex trading attracts a wide and growing variety of both big and small traders each of whom enjoys a wide choice of trading strategies based upon the myriad of factors which affect foreign exchange rates. For many traders coming into the market it is the fact that there are so many different things that affect currency exchange rates which they find most attractive as it allows them to use a huge range of different tools when working in this extraordinarily exciting market.
Perhaps the greatest influence today however on the future growth of the market and its popularity lies in automation which has never been easier to accomplish and which brings with it many more advantages than disadvantages.

Automated Forex trading allows trades to be conducted in real time anywhere in the world and virtually eliminates the losses so often seen in manual systems which are trying to operate in such a fast moving and volatile environment. Anyone who has traded using a manual system will know only too well the frustration of a row of losses caused by nothing more than a simple time delay in buying and selling and will appreciate the value of automated currency trading.
Automatic Forex trading also brings with it the ability to operate in a wide range of different currency markets at the same time without any regard for the time zones of the markets concerned. If you are sitting in the United States at 2 o'clock in the morning then automatic trading allows you to conduct business with traders on the other side of the globe in several different countries all at the same time with ease.

One problem for many traders is that of risk management and this too is reduced as we move to automatic Forex trading. Manual systems often leave traders nervous about whether or not payment will be made after the completion of a trade but as payments can now be synchronized in real time this is far less likely. Indeed, as the automated trading system continues to develop it is clear that the settlement system will also be updated and such risks are likely to be all but eliminated in the near future.


ForexGen Scalping Enabled Account

Trade and scalp the market [ForexGen] has the pleasure to announce the availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, [ForexGen offers] traders all the advantage of a “no dealing desk” option.

Advantages of No Dealing Desk Option

* Trade the news without intervention or restrictions * Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits. * Place scalping orders without intervention or restrictions. * A client-friendly trading environment, No re-quotes. * Ability to place orders inside the spread * Competing rates from multiple banks * Spreads are variable and can move sharply * Ideal for active or professional FX traders

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