Weak point in online trade
How beneficial the internet tool has been to us! In addition to getting information easily, we take various benefits from the online trades as well. The online trade makes our trading style very simple and smart, but we are face to the risk to pay bigger sacrifice when the system trouble occurs in the network.
The interbank market is fully equipped with some electric broking systems through special devices or terminal for communication, while the forex margin trading for individual investors is executed on a PC basis through the internet. Therefore, the forex margin trading cannot be stable in the environment under which it is not always steady in compared with the interbank market. Failure in PC function, ISP, the provider and the server, various troubles may happen. It is impossible to avoid these factors completely.
All individual investors to use internet service are required to take these demerits into consideration, and to take the relevant actions when the system troubles happen.
Good point in online trade
The online trade gives us a wonderful chance to trade forex. We can there trade forex promptly with watching the real time market. Nobody wants to miss the chance and the timing to trade forex in line with the actual market. The online trade could satisfy such demand more easily and cheaply.
In phone trade, it will take five seconds to dial up, 10 seconds to identify and 10 or 15 seconds to get the market price. It would take at least 30 seconds even at the brokers who are good at market connection. You would lose the chance to trade forex by 30 seconds, even though you have a good idea in the forex market.
The online trade provides the same market price for all individual investors at the same time, where is regardless of their intention to sell or buy. It follows that all the customers can stand on the fair place in the forex market. This environment is very favorable for the individual investors.
Comparison of system
There are many forex brokers who have various systems for online trade. One needs to install a stand alone software in advance to start trading and another differs in process to start. There are various types and shows respective performance. It is often the case that you cannot start online trade on your PC due to the memory shortage or the mismatching of OS version. It is best to choose the most suitable one to you from a customer-oriented and safety-conscious viewpoint, with taking a look at the demo trade play.