FXCM's Trading Station Platform has always provided its traders with the most updated information available. On a monthly basis, the FXCM site has brought investors up-to-date with a host of revised features as well as new ones to keep clients satisfied and motivated.
Despite some recent setbacks, due mainly the ECB surprise move to remove the cap on the Swiss Franc, FXCM has been working hard to reestablish its footing in the industry and has taken several measures to ensure that it continues to provide top support for traders worldwide.
In keeping with this focus, FXCM announced today the launch of a new set of features for its Trading Station Platform for the month of February. The new Market Behavior Indicators consists of a series of five indicators. The Real Volume and Transaction Indicator, the most audacious of the group, give traders a real look at market behavior and trading psychology by showing them what other traders are doing with 14 of FXCM's most popular currency pairs. The other new indicators include the Directional Real Volume Indicator, On Balance Real Volume Indicator and the Market Movers Index Indicator all of which should make trading with FXCM more interesting and current. The new indicators can be found under Trading Activity in the Trading Station's indicators list where over 600 custom indicators compatible with Trading Station Desktop are already listed.
In addition to the new indicators, this month's Trading Station offers several advanced services including the ability to add a specific expiration to a Good-Till-Date entry order. Entry orders can expire at any time even after large news events.
Trading execution and performance has also been improved with 176 enhancements and other tweaks to boost order execution and optimize the trading experience.
The Combined Account Statement has also been updated and will automatically reflect the same time zone as a trader's platform. In addition, the ability to show or hide candle gaps should an instrument close at a different price than where it opened has been added to the platform.
According to Drew Niv, CEO of FXCM, "FXCM is excited to offer the volume and transaction indicators as this allows clients to tailor their approach to the FX market in a smart, efficient and transparent manner." The new offering affirms our deep-rooted commitment to providing our loyal clients with continued innovative trading solutions and advanced technology."