Interesting usefulness for Forex trading
Gradually, Forex trading turns not into an exciting game, but into everyday work, which you want to be simpler
and easier.
The trader's trading terminal and most brokers provide this opportunity thanks to a large number of different services. Using additional features not only makes trading easier.
But it also significantly increases its effectiveness, so it is advisable not to forget about this aspect. The most common options are one-click trading, rebate service, web terminals, news feeds, copying transactions, VPS hosting.
Why are such services needed and what benefits can they bring to those who use them?
1. One-click trading – provides an invaluable advantage for scalpers; now a trade can actually be closed in one click, just click on the cross on the side of the selected order.
At the same time, those very precious seconds that eat up profit points are saved. 2. Return of the spread or rebate service - this moment can be classified as a bonus, but since its name includes the word “service”, we also include the rebate service in our list.
From the name itself it is clear that the essence of this program is that the spread you have already paid is returned to you. This option is described in more detail at the link above. These two utility options are available from the broker AMarkets .
3. VPS hosting – if you often use advisors or set trailing stops, then this service will help you do without an always-on home computer.
The terminal and additional scripts will run on a remote server, which has increased reliability and stability. Basically, this service is paid, but some dealing centers provide it as a bonus for a certain amount of account replenishment.
For example, by replenishing your account with $500 or more at the EXNESS broker, you receive VPS hosting for free.
4. Web terminal – a slightly stripped-down version of VPS hosting, you get access to the trader’s terminal, but you can only carry out basic operations on it.
The main advantage of the web terminal is that it is free. Therefore, you should not ignore this service, thanks to it you can manage your transactions almost anywhere with Internet access. Such a terminal is available at the broker RoboForex .
5. Copying transactions - in fact, this is the same system of signals for opening positions, only now it has undergone significant changes.
If earlier, regardless of the financial result obtained, you had to pay for a subscription to signals of 50 dollars or more per month, now you only pay a percentage of successful transactions. Moreover, it’s not for nothing that the system is called copying trades; you choose a professional trader, study the history of his trading, and then copy trades on selected currency pairs.
This trading option can be carried out at the brokerage company InstaForex .
The use of additional services on Forex allows you to make a trader’s life easier and provides the opportunity to earn money even for a novice trader.