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March 16, 2012

ForexTrading.Com Has a New Face

By Miguel Leiva-Gomez, TMCnet Contributor

ForexTrading.Com, a site associated with TradingQuarter.Com, is one of those websites that allows you to get into a demo or live account to trade. From these sites, you get updates based on several different stock exchanges. After a while of being under "reconstruction," ForexTrading.Com just took on a new face and launched with newer platforms, including MetaTrader 4, ForexTrading-Web, and the mobile version of ForexTrading.

According to TradingQuarter.Com's parent company's (FT World Ltd) announcement, ForexTrading.Com now gives its subscribers "a transparent, simple, and trustworthy trading venue for the FX global retail market." The website offers its subscribers an inside peek into all the major crosses and more than 60 different Forex currency comparisons. Many commodities, such as gold and silver, are also comparable via ForexTrading.Com.

"We are targeting the young and IT-savvy client looking to trade in a simple, cool, high-tech, transparent, and interconnected way," said FT World CEO Neils Vahman. "We aim at being the broker who provides them with a trading experience that is high in quality and low in complexity. Ultimately, we want to be seen as a broker that the new generation of traders can trust in this era of individuality, inclusivity, and interconnectedness."

Vahman also talked about the MetaTrader 4 platform: "We see this as an opportunity to reach the growing retail FX market driven by clients looking for automated trading solutions, integration with third-party social trading tools, and communities. MT4 has proven to be the trading platform of choice for this segment. Combined with an account from a broker they can trust, superior liquidity, and no-dealing desk, we seek to secure high quality execution for our clients."

MetaTrader 4 is a platform that many major Forex outlets use to allow traders to better manage their transactions and assess risks. All transactions go through a special MT4 data center that acts as a proxy server, which increases the security of trading. For those with administration permissions, the platform also allows for remote administration, easy database setup, and financial instrument setup through its interface.




Edited by Rich Steeves
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