We pay special attention to the features that each company offers, but so that you can evaluate their advantages, it is worthwhile to independently study what key functions a legal broker or other related entity should have and what they do to prevent any risks and loss of profit during trading.
Economic Calendars
Economic calendars are tools used by traders and investors to keep track of upcoming economic events, announcements, and indicators that could potentially impact financial markets. These events may include data releases such as employment reports, GDP figures, interest rate decisions, and other economic indicators from various countries. Economic calendars typically provide information on the date, time, and expected impact of each event, helping traders plan their strategies and anticipate market movements.
Price Charts
Price charts are graphical representations of historical price data for financial instruments such as stocks, currencies, commodities, and indices. They display the price movement of an asset over a specified period, typically ranging from minutes to years. Price charts come in various formats, including line charts, bar charts, candlestick charts, and point and figure charts. Traders use price charts to analyse past price behaviour, identify trends, patterns, and potential trading opportunities.
Technical Indicators
Technical indicators are mathematical calculations applied to price, volume, or other market data to help traders analyse market trends, identify potential trading opportunities, and make informed decisions. These indicators can be categorized into different types, including trend-following indicators, momentum indicators, volatility indicators, and volume-based indicators. Common technical indicators include moving averages, Relative Strength Index (RSI), MACD (Moving Average Convergence Divergence), Bollinger Bands, and Stochastic Oscillator.
Trading Signals
Trading signals are notifications or alerts generated by trading systems, strategies, or analysts that suggest potential trading opportunities based on predefined criteria or market conditions. These signals may indicate when to buy, sell, or exit a position in a financial market, providing traders with actionable insights to execute their trading strategies. Trading signals can be generated manually by experienced traders or automatically by algorithmic trading systems and signal services.
Market News and Analysis
Market news and analysis refer to information, commentary, and insights about financial markets, economic developments, geopolitical events, and other factors that may influence asset prices and market sentiment. This includes news articles, reports, research, and expert opinions from financial analysts, economists, and market commentators. Market news and analysis help traders stay informed about current market conditions, assess potential risks and opportunities, and make well-informed trading decisions.