The contemporary Forex industry ha recently witnessed a brand-new innovative trading platform named Forex. This one was launched by Dukascopy, a major Swiss Forex broker. This is a wonderful piece of technology thanks to a wide range of features making it a flexible and efficient tool in the trader’s hands. Still, its biggest competitive edge is that it opens a whole new world of trading opportunities…
In particular, the piece of software is subject to great improvements eliminating some of the biggest drawbacks seen with conventional trading platforms as well as multiple limitations all Forex traders used to cope with.
Within the scope of this article, we are going to take a closer look at this tech masterpiece…
JForex: Any Strategy Under Any Market Conditions. Freedom, Flexibility and Efficiency
First of all, let’s recollect some of the most basic challenges. It is not a secret that most Forex traders these days are still making their first steps in the trading environment. In other words, they are not experienced and skilled enough to be consistent in terms of showing profits. On top of that, most traders out there belong to the non-English speaking community. With that said, they understand only some basic instructions and commands in English while they would like their trading software to support their native languages. JForex got them covered. Muti-language support coupled with great flexibility and intuitive UI lets you tune the software so as to make it comfortable for you to use.
Forex also resolves another challenge related to hedging and locking. While other trading terminals may create unnecessary obstacles for a trader, thereby making hedging and locking a true challenge, JForex simplifies the task down to offering 2 options - NetPosition and Hedging. NetPosition allows you to see all the trades open within the scope of a certain asset as a single position while Hedging lets you maintain multidirectional trades for the asset you trade, thereby giving you an opportunity to display them separately or as a single position. IN order to switch from one mode to the other, it is enough to make some simple readjustments. These and some other setups are easy to make just in a few clicks.
The next challenge Forex resolves is the quality of the quotes you work with as well as the speed and precision of order execution. JForex can boast an advanced anti-slippage feature. No matter how fast the price advances during volatile markets, you can be sure to get you orders executed instantly when the price has reached the levels triggering your pending orders or SL and TP orders. This feature takes the efficiency of your scalping and news-trading strategies to a new level, thereby allowing trading robots to be more efficient as well.
As for the objectivity of the quotes, everything is simple. Dukascopy Bank SA provides access to SwissForexMarketplace (SWFX). In other words, there are no manual dealing or liquidity provider issues with JForex by Dukascopy. By using JForex, you automatically enter the interbank market and trading live quotes at all times.
*Подводим
*Hover over LOGIN and click LIVE or DEMO.
According to the company’s experts, JForex is created so as to let the trader react to market changes almost instantly. Perfect timing is one of the cornerstones of success in trading Forex or any other financial market.
On top of that, the new piece of software lets you choose among a bunch of trading orders, including Market, Limit, Stop, TakeProfit, StopLoss, StopLimit, TrailingStop, PlaceBid/Offer, OCO, IFD. JForex is perfect for both manual and automated trading. You can use the JAVA programming language to create trading robots. Moreover, there is a strategy builder based on Visual JForex - https://www.dukascopy.com/swiss/english/forex/Visual/features/
*This is how JForex look by default.
Apparently, JForex a lot more flexibility and useful features to offer. For more details, please visit the company’s official webstite - https://www.dukascopy.com/swiss/english/forex/dealstation/?c1#JForex
The bottom line is that JForex by Dukascopy is a really wonderful piece of technology making Forex trading a lot easier, simpler, more efficient, flexible and profitable. With JForex, you can really take your Forex trading performance to a whole new level!
