Forex broker FXOpen proudly announces that an advanced analytics tool that was formerly used only by professional PAMM money managers, is now available to all traders. The tool helps you track and analyze your financial performance, as well as to set trading goals.
The tool processes complex financial data and your trading results are displayed as charts and diagrams, in order to be easy to understand and visually appealing. This in-depth analysis helps you to determine the strengths and weaknesses of your trading style, identify which financial instruments are best for you, how to minimize your risks and increase profits, etc.
What is more, FXOpen Analytics also allows you to share your trading results. You can generate a public link in order to show other people your trading results or use it in a website or blog to promote your trading strategy.
You can compare your trading results with those of other FXOpen clients via the global rankings, based on the total gain. If you gain in confidence in the process, you may as well open a PAMM account, get followers and receive a share of their profits.
There are several companies behind the FXOpen brand – FXOpen Markets Limited, a company registered in Nevis that is a member of The Financial Commission; FXOpen AU Pty Ltd., which is authorised and regulated by the Australian Securities & Investments Commission (ASIC); and FXOpen Ltd., the broker’s UK unit, authorised and regulated by the Financial Conduct Authority (FCA) .
FXOpen offers trading in forex and CFDs in ECN/STP trading environment on the MetaTrader 4 platform. The minimum deposit for a live account is $300 and the leverage is up to 1:500.
The broker announced on Thursday that the maximum leverage for all account types will be reduced down to 1:100 between December 26, 2016 and January, 2 2017.