Computer for Forex trading

In order to trade on the foreign exchange exchange with complete comfort, you need a personal computer with Internet access.

Sometimes on the Internet you can find simply unimaginable requirements for this equipment; in practice, everything is much simpler.

For normal operation, a machine with minimal parameters that meet the requirements of the trader’s trading terminal is sufficient; these parameters and some other aspects will be discussed in this article.

First of all, you should pay attention to the minimum system requirements set by one of the most popular MetaTrader4 platforms; you don’t have to buy an overly powerful machine; it’s better to use the saved money for trading.

Minimum computer requirements for trading:

Processor – with a clock frequency of at least 2000 MHz, recommended 2500 MHz.

RAM – minimum 512 Mb.

Space for the program – from 500 megabytes.

Operating system - Microsoft Windows 7/8/10

Based on the above requirements, it becomes clear that a computer for Forex does not have to be very powerful; the software can even be installed on a tablet. However, it should be taken into account that these parameters are given for the MetaTrader 4 and MetaTrader 5 trader terminal; some of the trading platforms are more voracious and require more resources for full operation.

A computer for Forex will cost you no more than $300 including a monitor; if you wish, you can create an even cheaper configuration. A used computer with such parameters will cost no more than $100, but it is still better to take a new machine, because the safety of your funds will depend on the stability of the equipment.

For uninterrupted operation of your equipment (computer and monitor), you will need an uninterruptible power supply; you should not skimp on its purchase. In the event of a power outage, it will allow you to close open orders or set a stop loss.

In a laptop, the role of such a source is played by the rechargeable battery, so at this point, if you buy a laptop, you can save money.

The Forex computer itself will not yet allow you to start opening transactions in the trading platform; in addition, an Internet connection is required; for full operation, the connection speed must be at least 2 Mb/sec, such a connection can be created even using a mobile phone, but it is better to use faster ones connection, which is cable, satellite or modem Internet with a speed of 10 MB per second, only in this case you will be reliably protected from failures.

For those who do not want to buy a computer, there is the possibility of trading directly in a web browser, and you can work from any Internet cafe or at work. This is an alternative and far from the best trading option; it is recommended to be used only as a last resort.