23Traders adds portfolio analysis tool to trading platform

23Traders adds portfolio analysis tool to trading platform

Do not invest more money than you can afford to lose.

 

23Traders, an offshore provider of forex trading and educational services, said on Wednesday it has launched a portfolio analysis tool as part of its proprietary 23Traders trading platform.

The new feature displays trading statistics for a particular period of time and draws the success rate of call and put positions as percentage of the total trades. The statistics data includes trading volume, average position of each type of trade, and overall success rate, among others, and is available for trading in forex, binary options and speed options. There is also a handy chart that allows traders to see the complete picture of their trades at a glance.

All this allows traders to compare trading instruments and decide on which ones to include in their trading portfolios.

“We always strive to ensure that our traders are equipped with the best tools to help them boost their trading success. This product is a unique introduction into the industry, and eliminates the need for traders to manually track the overall performance of all their investments on 23Traders,” said Daniel Diehl, head of brokerage department at 23Traders.

According to Diehl, traders often continue to invest in specific instruments even if it is not winning at a certain time. At other times, they tend to focus on the performance of a certain trade, rather than look at the whole picture. The new 23Traders tool enables investors to take decisions based on the performance analysis of multiple trades and come up with a better-suited investment strategy. 23Traders snapshot

23Traders, www.23traders.com, offers trading in a wide range of tradable instruments, including forex, stocks, indices, commodities, and binary options, as well as educational materials and services. It provides five types of trading accounts – Bronze, Silver, Gold, Platinum, and VIP – with different trading conditions for traders with different experience.

23Traders is the product by 23 professional traders, hence the name. The brand is owned by Hermes Ventures Ltd., a company based in St. Vincent and the Grenadines and licensed in Vanuatu by the Financial Services Commission (VFSC).

Source: 23Traders

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