Currency Trading Information
Currency trading information needs are various. Depending on your particular strategy, you might need real-time charts, news feed, and real-time third party analysis.
The most rapidly expanding group of currency traders is those using mini forex accounts and other online forex accounts with smaller account sizes.
The high-end FX trading information sources, such as Bloomberg and Bridge, are very much out of the small investors price range. However, for larger corporations and individuals with larger accounts, these tried and trusted systems are the obvious choice.
The affordable choices for information sources are free online news feeds, your brokerage's news feed and analysis tools attached to the software platform, and other online resources.
Affordable Currency Trading Information Sources
If you donít yet have a brokerage, chances are that you can get a variety of information and analysis tools in the package, at least if you go with one of the online brokers.
Many online brokers add real-time news feed, real-time charts, email alerts, and (technical) analysis tools in their platform package. Not all do, so you should check the details before signing up with a brokerage.
Other affordable information sources include such online web sites as INO.com, Traders.com, Bloomberg and Reuters web sites.
You can also sign up with one of the online companies offering forex analysis for a fee, such as OzForex or Investica. Many of these services send, for example, end-of-day analysis packages via email.
Professional Currency Trading Information Sources
For larger corporations and individuals with larger forex accounts, the professional systems are a natural choice. Companies offering professional platforms include
- Bridge (Reuters company)
- ILX Systems (Thomson company)
- Primark Corp.
- FactSet Research Systems
The assuring aspect of purchasing one of the professional systems is that you know that youíre at par with the dealing room traders, who get the exact same information from the same providers. This might be important especially if you day-trade forex products.
From Currency Trading Information page to Forex Guide index