In order to trade the retail Forex market it is crucial to have a properly configured computer system. The right hardware and software balance is crucial to trade the Forex market profitably. If you are reading this page it is safe to assume that you have a computer equipped with an Internet browser and a connection to the Internet. This is of course the minimum requirement to trade on-line. In the post we will go beyond the basics and look at the components required to set-up a dedicated trading platform.

The most important thing when setting up a trading platform is to define your requirements. Each individual has differing needs so no one size fits all system will suit the needs of everybody. I will provide details about how I have gone about this process, but it should be remembered that your needs may vary.

Trading Platforms
A trading platform is a software interface that allows you to communicate with your broker or market maker. This interface allows you to buy and sell currency modify orders and communicate with your broker. These interfaces can be broken down into two categories, standalone software programs or browser based java programs.

Standalone software programs are separate programs written for a particular Operating System. Nearly all of these require a Windows 2000 operating system or better. These programs are much more stable and provide increased processing speeds. Read the full story

Popularity: 10% [?]