subject: How Can FxDialogue's Innovative Trading Software Help New Investors? [print this page] How Can FxDialogue's Innovative Trading Software Help New Investors?
FxDialogue is quickly becoming one of the preferred online Forex brokers among new investors worldwide. While some brokers offer no new features that would appeal to someone first getting into the foreign exchange market, FxD does offer some unique bonuses that anyone can enjoy. It can be difficult to wade through all of the brokers to be found online, with many of them all seeming the same. The benefits provided by FxD are a head above the rest, and their low deposit requirements for new account holders are a great draw to investors just getting into the market.
It's important to take the choice of Forex broker seriously. Just like with stock exchange broker firms, a Forex broker must be chosen with care. The foreign exchange market is much more volatile than even the stock market, and having the right tools to stay on top of everything is a big part of being successful. There are several ways to approach investing in Forex, but there is only one way to choose a broker.
What FxDialogue offers to new and battle-worn investors alike is a unique trading platform that significantly simplifies the process as opposed to other options. All new LIVE and Advanced accounts come with the MetaTrader 4 platform. This software is highly functional, but is extremely difficult for most people to work with as it is fairly bare bones. To make this easier, all accounts also come with FxD's custom add-on to this software: MexcelTrader. MexcelTrader takes most of the coding out of keeping up with the market by exporting up-to-date information to Excel. Everything that could be seen on MetaTrader 4 can be found in MexcelTrader, and it doesn't take hours to get working properly. An investor can handle their entire account from Excel, including trading and account management.
There's no secret as to why this type of add-on could be an incentive to getting an FxDialogue account over other options. Without a simplified trading platform, new investors are lost, overwhelmed, and quickly give up. Making the process simpler encourages people to try their hands at the market, and helps them grow as an investor. What may be surprising is that the software actually came before the broker, with the software being of high enough quality to warrant them to become a full-on foreign exchange broker.
The financial benefits of individual brokers do not vary much, but there variances that make a big difference. One of these is the commissions that the broker take, which is a low percentage with FxDialogue. There is also no withdrawal fee, and money is wired 1-2 days after withdrawal. The company is also regulated in the US, the UK, and in Europe. This ensures that they are credible and can be trusted with large sums of money. It also shows that they have become one of the more stable broker firms to be found online, and that they are likely to remain that way for some time because of their low rates and unique software platform.
