In the arena of active forex trading, staying abreast of evolving market conditions and their historical context can be an arduous undertaking. Seemingly endless data sets and news items are constantly in line for scrutiny, with each potentially impacting the eventual success or failure of a specific trade.
FXCM provides a wealth of information to individuals interested in the study of market fundamentals and technicals. Economic calendars, news feeds, charting data and proprietary indicators enable traders to view the forex within a current or historical context. Opportunity is often found within the framework of intensive market study, and FXCM offers a robust research suite capable of satisfying even the most inquisitive currency trader or investor.
The scheduled release of an official economic data report or unexpected news item can have a considerable impact upon many different facets of forex trading. Such events can lead to a spike in market participation and increased volatilities, creating either opportunity or risk.
Remaining cognizant of such releases can be cumbersome. FXCM eliminates much of the guesswork though the provision of a meticulously detailed economic calendar. The economic calendar lists the date and time of potentially market-moving economic events, projected volatility, as well as consensus opinion and hard data values.
Breaking news items are often unpredictable, generating an atmosphere of uncertainty within the marketplace. FXCM's market news application aims to keep traders and investors on the lead lap of rapidly developing events.
In addition to the above listed resources, FXCM Plus affords traders an abundance of tools for performance enhancement. A software suite including the proprietary supplements Trading Signals, Technical Analyser and Trading Analytics gives clients a means of augmenting efficiency within the marketplace.