Forex Broker Software Review - Forex Webtrader

Forex Webtrader cover all bases by offering mobile trading, one click online trading and account sizes that range from $25 to $50,000. The software is up to date, and includes a variety of useful features.

Once a beginner has grasped and practised the fundamentals of Forex trading, there are all the necessary options available to develop a more advanced trading strategy, and also step away from the screen a bit.

One example is 'trailing stop losses' which should really be available on all platforms, but they are not. Stop losses are a contentious point. For many traders they are an essential risk management component, for others stop losses and margin calls merely cut in and kill deals 'mid-swing'. Trailing stop losses go some way to resolving this issue.

Price defined orders can be placed on the 40 available currency pairs, which allows you to automate your trading to some extent. And, the spreads are fixed, with the EUR/USD coming in at a competitive 2 pips.

Trading 'on the go' is facilitated through SMS price alerts and mobile trading software. The Mobile Trader allows you to manage your account, manage your trades, and access news and analysis. But, if you do go for this option, this is one time that you should definitely read the documentation, and make sure that your mobile is compatible. Phones and the net only make a good pairing if they are truly compatible.

With a $25 deposit account, and user-friendly software, opening an account with Forex Webtrader is a good option for those who want to test their capacity for trading on the Forex market. Beyond that, the platform also offers all the functions necessary to develop a semi automated trading strategy, and is another reason that Forex Webtrader is a suitable choice for both rookies and the more experienced trader.

Sign Up at Forex WebTrader here

Forex Webtrader - The Facts
Min Deposit	$25	Min Trade	$10
Demo	Yes	Platform	Online
Support	Email, Live Chat, Telephone
Money Transfer	Major credit cards, Neteller, MoneyBookers, Paypal - No charges.
Tutorials	Virtual tour, excellent Platform Guide, FAQs
Promotions
There are no current offers

Sign Up at Forex WebTrader here

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Disclaimer: Trading Forex can involve the risk of loss of all the money invested. Please read the full site disclaimer and risk warning. Forex is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.