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Home » Forex Software and Trading Tools » Forex Trading Tools

Forex Trading Tools

Forex tools are reviewed and analyzed. Find the most appropriate currency trading tools for your trading style

Top Forex Trading Tools Tools

Review of GFT DealBook 360 Charts

9

For a piece of software that serves primarily as a broker interface, DealBook® 360 is extremely functional, accessible to traders of all skill levels, we can recommend it to anybody who wants to do their analysis and trading with the same software package. GFT’s DealBook® 360 software serves as a front-end for GFT's trading system, and combines the ability to trade live with a fully functional charting package, white-box language for coding your own indicators and trading strategies, and some advanced alert and automation features that make it an extremely impressive package.

Currency Trading Software from eToro

8

eTora is forex trading software with innovative features like ability to open multiple positions in a single click, a community module with championships and chat and the best GUI in the forex market.

Forex Trading Tools Rating:
8

Forex Guru Hedging Analysis Tool

This is a comprehensive tracking tools which can be used to track a currency pair for Currency Conversion rates, Seasonal Trends, Monthly Returns (%), Monthly Average Rates Yearly Average Rates and much more.
Forex Trading Tools Rating:
8

Tradecision Review

This is a amazing tools for pro forex traders having more than 100 technical indicators that measure trends, momentum, and volatility.

Forex Trading Tools Rating:
7

ActionForex Interbank Forex Simulator Reviewed

This Forex simulator comes in quite handy for beginners as well as the experienced traders. It has the provision to combine the forex price data management via advanced charting controls and digital record keeping.

Forex Trading Tools Rating:
7

Currency Trading Simulator Product Overview

This Forex simulator has an easy to use interface and has numerous views to mix and match and customize the trading strategy along with the ability to display 20 currency pairs in a different window. 

Forex Trading Tools Rating:
7

Detrended Price Oscillator by CMSFX Reviewed

This Forex technical indicator tool eliminates the trend in prices by filtering cycles longer then their moving average. This tool identifies short-term cycles for a quicker determination of potential overbought and oversold levels.

Forex Trading Tools Rating:
7

GFT Forex Phone Trading Program DealBook Mobile

DealBook Mobile can be used to keep a track of forex market on the move that allows the user to get forex quotes streaming in real-time and full color charting that has access to the 60+ currency pairs available from GFT.

Forex Trading Tools Rating:
7

GFTForex DiNapoli D-Levels Reviewed

This Forex tool provides powerful Fibonacci analysis experience through advanced trading analysis strategy and powerful indicators for Fibonacci ratios to forex trading. The set of indicators are modular in nature, hence can be used selectively or together.

Forex Trading Tools Rating:
7

Investment Studio Portfolio Management Software

This Forex tool is used plan, track and analyze an individual's investment.With the more than 400 powerful built-in functions, a trader can create custom indicators and functions, freely mix different currencies and markets and multi-currency portfolios.

Forex Trading Tools Rating:
7

Marketiva Streamster

This is a free forex tool that enables you to learn forex trading with the help of a virtual trading desk.

Forex Trading Tools Rating:
7

MTI Forex Starter Kit

This Forex Charting tool is directly connected to the MTI's online multimedia room with professional traders and online video mentoring facility.

Forex Trading Tools Rating:
7

Popular Back Testing and Strategy Development Software TradeStation

This Forex tool tracks the trading open positions based on the exit rules framed by a trader and allows full automatic execution of the trade strategies.

Forex Trading Tools Rating:
7

Practice Currency Trading with ProFinancialFX.com Forex Simulator

This Forex simulator comes in handy for the pivot point forex traders. This tool acts as a simulator for the new traders as well as performs as a fully functional trading tool for the experienced traders.

Forex Trading Tools Rating:
7

Review of FXCM Platform FX Trading Station

The FXCM Trading Station is a great trading station that feeds real-time streaming prices and offers a No Dealing Desk execution option is designed for active forex traders. FXCM offers traders all the advantages of a No Dealing Desk option with the added benefit of the ability to place orders over the phone 24 hours a day.

Forex Trading Tools Rating:
7

Risk Assessment Software MTPredictor is Reviewed

This Forex trading tool that helps in determining low risk trade opportunities and also helps predict how much to risk on a trade. 

Forex Trading Tools Rating:
7

Seer Backtrading and Quantative Analysis Software

The Seer application has the ability to backtest and optimize multiple systems across multiple time frames through its Advanced Position Sizing mechanism. 

Forex Trading Tools Rating:
7

TradeAnalyst will Analyze Your Trading History for FXCM Accounts

This Forex analyzing tool comes with multiple features including the ability to sort trades by pips, date, time, day of week or pair as well as providing the provision to look up the strategy that has been framed in form of numbers.

Forex Trading Tools Rating:
7

Trend Visualizer Technical Indicator Bringing Cross Verification

This Forex indicator projects execution charts or main timeframe trading chart, trading signals from higher timeframes and allows traders to concentrate on the timeframe they are trading while having the important upper timeframe signals in front of them at all times.

Forex Trading Tools Rating:
6

Conquests Software Automatically Opens and Closes Trades

This Forex EA tool is an automated application that does not use charts or graphs to analyze the market but features opens trades from the stocks that possess the highest potential for profits.

Forex Trading Tools Rating:
6

EZCurrency Multiple Instrument Dealing Platform

Ezcurrency is a real-time trading system which can be used to trade in currency, stocks, indices, commodities and much more efficiently and securely.

Forex Trading Tools Rating:
6

Forecasting Software Cyklotron 2.4.2 is Analyzed

This Forex trading tool provides a unique feature of having all the data from the different vendors in the csv or txt format for the trader. This tool can also be used to adjust the trade frequencies and minimize the drawdowns, to achieve better results.

Forex Trading Tools Rating:
6

Forex Tester Simulation Software is Analyzed

This Forex Simulator is an excellent tool for studying forex trading in a fast and convenient way by providing facilities to create test trading strategies based on real time historic data. 

Forex Trading Tools Rating:
6

GFS Forex Trading Software OperaFX Pro

This trading tool offers a real time forex trading that has a single window which can be used to perform all operations and also Real Time Streaming Quote that shows all currencies prices in one single panel.

Forex Trading Tools Rating:
6

MACD X Predictor by MetaFX-Int

This Forex tool proves to be an indispensable tool for all the traders and is a very reliable technical tool for accurate probability.

Forex Trading Tools Rating:
6

Market Hours and Analysis Provided by Forex Trader Sidekick v 2.0

A great reference tool that provides real time forex market hours in the Tokyo, Sydney, London and New York forex markets. 

Forex Trading Tools Rating:
6

Review of GFTForex Foresight-A.I

This Forex tool is a high end timing tool and a leading indicator to help an individual to plan the markets move for the next day, based on the forecast of the next day's market.

Forex Trading Tools Rating:
5

Forex Trading Machine Training and Software Program

This Forex tool is composed of three Price Driven Forex Trading systems that together analyze the forex market without using any type of indicators, support or resistance levels, moving averages, pivots, oscillators, fibonacci, trend lines. 

Forex Trading Tools Rating:
5

Market Traders Institute Forex Economic Calendar Reviewed

It shows important economic events happening around the world and also predicts the impact of these events on the related currencies.

Forex Trading Tools Rating:
5

One Click Trading Tool ButtonTrader is Reviewed

This Forex trading tool provides versatile and innovative visual interface to display the market action on real time basis. This tool is used for scalping to position trading with flexibility to maximize profit and minimize losses.

Forex Trading Tools Rating:
5

Open Position Ratios from Oanda Are Presented in A Graph

This tool shows the ratio of open long trades to open short trades and the ratio of number of open trades for each currency pair using a chart.
Forex Trading Tools Rating:
5

Review of Real Time Forex Trading Platform

A forex trading software which allows you to trade in real time over the internet. 

Forex Trading Tools Rating:
5

RSS News Feed Reader by OrangeFX

This Forex tool comes equipped economic calendars and Forex quotes from various resources to a trader.

Forex Trading Tools Rating:
5

Trading Simulation Software Forex Simulator is Reviewed

This is a forex trading software, used to enhance the trading ability of an individual. It is used to trade currencies, commodities, future index, stock using real tick data, etc.

Forex Trading Tools Rating:
4

CMS Technical Indicator Accumulation/Distribution Reviewed

The Accumulation/Distribution tool analyzes the cumulative flow of money being used to trade various currency types for the purpose of extrapolating pricing trends.

Forex Trading Tools Rating:
4

Market Simulator Tool PriceMotion For Trading Game

This is a Forex simulator, providing interactive game theory to help beginners understand the forex market. 

Forex Trading Tools Rating:
4

Monitor Forex Market Hours with Free Tool

This simple tool allows you to track the most active sessions in markets worldwide.

Forex Trading Tools Rating:
4

Open Orders Summary

This tool graphically represents open orders in OANDA's books. It is helpful to understand client price expectations contributing to natural resistance and support levels. It supports all major currency pair.
Forex Trading Tools Rating:
4

Review of VT Trader Forex Autopilot by CMS FX

This Forex trading tool, as the name suggests is a complete auto piloted technology, which does not require any human intervention. One can just leave the trader running and the tool will auto adjust in accordance to the forex market and keep trading based on the custom build strategies.

Forex Trading Tools Rating:
4

Tradingpatterns.com Review Including Automatic Pattern Search

APS is a software that uses historical data to search for patterns that fulfill user defined performace criteria.