subject: FxDialogue's Software Gives Investors a Leg Up on the Competition [print this page] FxDialogue's Software Gives Investors a Leg Up on the Competition
Many Forex brokers are facing a new, tough wave of competition from the company called FxDialogue, who are rapidly becoming the favorite broker firm for investors the world over. One of the main reasons why is because it offers a ton of features that make it very friendly to the novice investor. Most other online brokers do not offer these services or anything like it. There are so many different ones to choose from, most of them seeming like they are pretty much the same as the previous one, that it is quite a chore to look through all of them. However, when one comes across FxDialogue, they are taken by surprise. They offer so many more features than the competition that it puts the rest to shame. Not only that, but they have no withdrawal charge and a very low deposit requirement.
When you are choosing your Forex broker, make sure you put a lot of deep thought into it. Similar to the stock market, and perhaps even more true for the Forex market, your broker needs to be carefully considered. The foreign exchange market is much much more volatile than the stock market is. It is important to have the right tools at your command to be a successful investor. There is really only one way to pick your broker, even though there are about a million different ways you can choose to invest in this market.
To both the novice investor and her experienced competition, FxDialogue offers something unique. It has a trading platform that takes the process of trading and significantly simplifies it. Brand new LIVE and Advanced accounts have a platform they come with called MetaTrader 4. It is extremely functional, but its downfall is that it is extremely difficult for people to work with because it is a bare bones program. However, to alleviate this difficulty, all acounts come with a custom add-on provided by FxDialogue exclusively called MexcelTrader. What this add-on does is it takes most of the coding out of keeping up with the market and exports up-to-date information into the popular program Excel. Everything that you would be able to see in the program MetaTrader 4, you can see in MexcelTrader. The best part is that it doesn't take half of your free time to learn how to use it effectively. You can handle your entire account just from Excel, including trading and account management.
When compared to all of the other options on the market, it's no surprise that MexcelTrader is a major incentive for most people to get an account on FxDialogue's website. Without this simplified trading platform, most novice investors will become completely lost and are more prone to giving up on the foreign exchange market before they really get a chance to make any money. Making the process a lot easier to use and understand will encourage them to keep on trading and not throw the towel in early. Not only that, but it will encourage growth as an investor. This software, surprisingly, came before the broker company did. The software did so well that it caused them to get into the market of broker firms.