Different platforms suit different traders. To others, like scalpers and short term players, that single pip can mean the difference between profit or loss. There's many platforms around and we are offering you the chance to check one out. You can Register Here. Most of the forex brokers have been offering Metatrader platform MT as the only solution to their customers for many years. As a result most retail traders got used to this software and it has become very popular. Time spent on the market and absence of alternative platforms from the majority of forex brokers made MT a standard for the industry.
However popularity is not always linked to a rich functionality or outstanding user-friendly design. Let us introduce Jforex platform - a trading platform developed in Switzerland by a Swiss bank. Is available for traders for more than 10 years, it has been constantly improved and upgraded.
During these 10 years it has become loved and appretiated by many traders arround the globe. JForex platform is a professional trading platform for forex, precious metals as well as CFDs on indexes, commodities and stocks. The Platform supports a wide range of trading orders, such as: There are two trading modes available on the platform: Many chart traders chose JForex as their favorite. JForex platform allows users to trade directly on charts. With a right click of the mouse the customer can simply place market and pending orders.
One click feature is worth mentioning as well. At times it is essential to open or close a position very quickly. All it takes is to choose the instrument and hit the price. With the possibility to predefine the trade amount and maximum slippage, the only action needed is to hit the best bid or offer to send a market order.
Open positions can be multi-selected if needed and closed with one click. If there are opposite positions, the merge function can be used to net them. JForex platform is recommended for both manual and automated trading.
JForex API is not limited to writing an automated strategy or indicator. It opens the door for creativeness of the developer to write his own user interface. It can be launched within JForex as a plugin or work as a separate application. Users that are unfamiliar with Java programming language can build strategies using our Visual JForex programming interface. Any strategy, indicator, plugin or other code can be stored on JCloud and offered to other users through JStore. Besides running automated trading strategies locally, users can launch them on dedicated remote servers.
This minimizes connection latency which nowadats is highly important. Security has been a key point for Swiss Banks at all times, even if it concerns a trading platform. In any case scenario, password is never sent from the platform to the servers, it is plain or encoded.
This means that strong security can be obtained using weak passwords as well. The PIN itself is not typed in, only the Security code is, which is different every time the user connects. Even if the keyboard is scanned by the hackers to detect the numbers entered, they will be useless to login to the platform. Instead of using his PIN, a trader can replace this security measure with his registered IP address, in this case an access will not be possible from another IP.
Running it using third party solutions takes some effort, where the result remains unknown - something may simply not work. JForex is a cross-platform software, which implies that it can be installed or launched on Windows, Mac OS X or Unix-like operating systems easily. Traders are able to use it where everything is functioning the way it should. In addition it can be launched without installation as well.
This can be useful at times. The only requirement is JAVA installed. For those who trade large amounts or make their trading decisions based on the market sentiment, Level 2 might be useful. JForex shows current Level 2 data as well. The total SWFX market liquidity can be viewed for all type of instruments.
Many popular trading platforms do not provide the history of every price value for both BID and ASK prices with milliseconds precision. It might be crucial if a trader would like to verify order execution, correctness of the margin, cut procedure or to perform qualitative strategy back testing.
Wheread Jforex platform contains such history. A unique feature of the platform is the possibility to construct daily candles for a specified time zone.
The user can set time zone and JForex will do the rest. As a consequence, one may look at a daily chart from a different perspective. This is extremely useful for many indicators. JForex is not a trading platform built based on the ideas of a few people. It comprises all the great ideas of traders and other platforms available on the market.
The functionalities described above are only a part of all of the features it has. It is impossible to describe all features of the JForex platform, it is simply best to try it Today.
Please click here to open demo account with Dukascopy Bank SA. Title text for next article. Get the ForexLive Newsletter. How good is your trading platform?
Wed 6 Apr Trading features JForex platform is a professional trading platform for forex, precious metals as well as CFDs on indexes, commodities and stocks. Chart Trading and one click mode Many chart traders chose JForex as their favorite.
Security Security has been a key point for Swiss Banks at all times, even if it concerns a trading platform. Transparent pricing For those who trade large amounts or make their trading decisions based on the market sentiment, Level 2 might be useful.
Day start time zone A unique feature of the platform is the possibility to construct daily candles for a specified time zone. Conclusion JForex is not a trading platform built based on the ideas of a few people.
Please click here to open demo account with Dukascopy Bank SA JForex platform is offered by the following banks and brokers currently:More...