PRLog - June 17, 2010 - In the past few years the over the counter foreign exchange (Forex) market has gained tremendous popularity. Specifically in the past four years automated trading has been very popular in the Forex market. One of the most popular trading platforms in the Forex market currently is Metatrader 4.
The Metatrader 4 platform allows individuals to run automated trading strategies, better known as Expert Advisors. Due to the high demand of profitable trading systems or expert advisors many traders have now realized in order for automated trading systems to be profitable they will need tight spreads, fast execution, and low latency ECN connections.
Finding a broker that will have all of these services available is a challenge. Dealing desk brokers have been known to make it extremely difficult for traders to be profitable in the Forex market. This is due to the fact that many dealing desk brokers trade against the clients and in order for a dealing desk broker to make money the client must lose. By using a direct market access ECN model this conflict of interest is eliminated.
Finding a good broker that will have tight spreads, fast execution, low latency, and not trade against you is difficult, until now. ThinkForex is a new brokerage firm that has recently entered the Forex market offering products and services that no other broker in the Forex market has been able to offer.
ThinkForex is one of the first ECN/STP brokers to offer low latency high speed trading. They have developed technology that allows them to provide their clients fast execution with no delay because their Metatrader servers are located in the same server block as their liquidity providers. Add all of that up with tight spreads and you have the perfect trading environment for your automated/manual trading needs.
Many traders have quickly realized that running automated trading systems at home using their local internet service does not allow them to obtain the proper execution of trades mainly due to slow home internet connections. ThinkForex is changing the way automated trading systems are performing in Forex. Here are some advantages of opening an account with ThinkForex:
- Free High Speed Dedicated VPS server: Each client receives their own free VPS Server , our dedicated VPS servers are in the same facility as the ThinkForex live trading servers providing clients lightening fast ECN execution.
- Ability to hedge, scalp, and use any type of automated or manual trading strategy. There are no restrictions on how close stop losses or take profits can be placed to market. This provides an ideal setup for Expert Advisors and traders who scalp the markets.
- Low account opening minimum with multiple funding options such as Credit/Debit Cards, PayPal, ACH Transfers and more!
- Over 29 currency pairs, precious metals, mini/standard lot trading, 100:1 leverage on crosses and majors, zero commission (spread includes all fees), excellent customer service, fast account opening, and funding procedures.
Finally there is a broker that has all the instruments and tools a trader would need to be profitable in the Forex market. We invite you to visit http://www.ThinkFOREX.com to learn more.
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Think Forex is a Foreign Exchange liquidity provider allowing clients and money managers to trade spot forex in the OTC (Over the Counter) market and allows hedging, scalping, automated trading, and Free VPS for all clients.