Friday, 9 February 2018

What tools does LMFX include and how to take advantage of them

Training is essential, and LMFX brokers are a ware of it. That is why emerging brokers like LMFX have the resources to create a complete educational library catering to the needs of their clients. Regarding support, LMFX is also very good at it, and it is easy to get a hold of someone if they have any questions.

Training and support are two of the strong points with this broker. The training is extensive and is indicative of a well-established broker. They have video tutorials, trading tools, economic calendar, and a vast section of market analysis with in-depth market updates.

At LMFX.com you can find an Education section, which contains these tabs:

  • Video Tutorials, LMFX has Video Tutorials for Beginners and MT4 Tutorials.
    • In the beginner”s course, they show the advantages of Forex Trading, why Forex is one of the fastest growing markets and why trading is rapidly becoming a favorite among Stock Market investors; Basic Forex Terms, where new users will see and familiarize with the basics of Forex, by viewing many of the vital trading terms; the different types of Orders, Winning tactics and a Glossary of Concepts to increase your Forex knowledge by getting familiar with important trading and market terminology.
    • In the MT4 Tutorials, you’ll learn installation and Basics, how to open, close and modify orders, using types of Orders (Like Pending orders), adding indicators to the graphs and some configuration features which might make things simpler for users.
  • Trading Tools, LMFX provides a wide selection of essential Forex calculators to enable their traders to have comprehensive statistics on their trade. Letting them estimate their profit and losses on their trades, and evaluate margin requirements for safe trading. In their selection of Calculators, you’ll be able to use seven different calculators, including the Risk percentage calculator, the risk and reward calculator and the Fibonacci Calculator.
  • The Economic Calendar, used by investors to monitor market-moving events. They are displayed as a chart showing the days, weeks and months of a particular year, listings several market-moving events in chronological order, giving their users time to research and anticipate the specific release of interest to them.
  • Market Analysis, which will lead you to blog.lmfx.com, a LMFX forex broker blog, which offers Forex related news, trading insights, live Forex prices and interactive Forex charts
All these different tools, along with the LMFX WebTrader, and LMFX’s web-based trading interface, will offer its users a more interactive way to trade online thanks to its ultra-modern web-based interface being easy, intuitive and straightforward to use, the perfect option for novice traders.

For more information please visit: LMFX broker review

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