Best Forex Trading Tools for 2023 The world of trading has changed dramatically over the past few decades, with individual traders doing business predominantly online, and most enlisting a variety of FX tools to help them achieve success.To get more news about forex trading tools free, you can visit wikifx.com official website. In the past, a trader or an investor would speculate on the markets via a broker. They would call their broker with a request to buy or sell a certain asset, or their broker might call them with a market tip. In these times, the tools available to traders and investors were few and far between. Today, trading and investing have changed dramatically. While most active traders still trade via a broker, who will give them access to a range of markets and trading software, they are making their trades independently, and using forex tools can both boost their productivity and improve their trading performance. In this article, we'll give you an in-depth overview of some of the best Forex trading tools available, for both beginners and professional traders.Most of these Forex trading tools are available for both Windows and Mac. This list of trading tools doesn't include any Excel tools. A wealth of both paid and free Forex trading tools are based on Forex trading tool software developed for a specific purpose, separate from Excel, to provide you with the most reliable information possible. All of these can tell you about what is shaking the market and which direction current price trends may follow. With this information, you'll be able to find more trading opportunities. Forex calendars are a valuable tool for learning about what is going to happen in the market, and planning your trades accordingly. They largely target traders who want to keep up with the fundamental updates on the FX market. However, these calendars may come in handy to all types of traders. Admirals free Forex calendar lists upcoming fundamental events, and releases of economic news, listed along with their previous and expected values. As soon as the news is released (sometimes, with a slight delay), the calendar is updated with proper values, and the market starts to experience new moves.An even more in-depth calendar tool is the free Admirals Premium Analytics economic and corporate calendars. The economic calendar shares detailed, real-time information about upcoming economic event, while the corporate calendar covers corporate dividends, earnings, annual meetings and more. With these investing calendars, traders can follow their favourite companies and always have access to the latest insights about changes that might influence their stock trading. Along with economic calendars, live news is another useful Forex trading tool. The problem is that there's just so much information to sift through! While you can manually search Bloomberg, Reuters, Forex Factory and FX street, wouldn't it be easier if it was all delivered to you automatically? The good news is that this is possible. In fact, the Admirals MetaTrader Supreme Edition plugin includes a feature called Admiral Connect, which delivers live trading news direct to your MetaTrader terminal! Admiral Connect tool connects all big news providers, including a trade analysis feature and your own RSS-feeds to display in-platform and spend less time outside the terminal when looking for additional functionality and information required for trading.Or, if you'd like even more data, our exclusive Premium Analytics portal offers traders access to real-time Forex and trading news feeds, with the option to filter based on trading instruments or the latest live news. While the portal is available absolutely free, there is a perk if you have a live trading account with Admirals - over 850 news stories a day. Meanwhile, traders with demo accounts will get access to up to 200 free news stories. |