ETX Capital is always looking to update the features they offer their clients. The London based FX broker has now added the Client Sentiment Mapper to its lineup of offerings on their English language websites. A twist on social trading platforms, the Client Sentiment Mapper allows Spread Betting and Forex trading clients at ETX Capital the ability to look at a product and see how it is being traded by their fellow ETX Capital traders as a whole.
Sentiment can be viewed in several different formats. One direction available for traders is to look at the general trading sentiment towards a particular product at a certain point in time and then check out an interactive chart which can quickly indicate the direction that other traders are moving towards with regards to this product.Traders can elect to view the actual price of a product versus its sentiment over a given number of days observing at how traders have previously reacted to price fluctuations of the product in question.
In addition to the graphs and charts, the sentiments section also includes access to a constantly updated stream of financial news articles on the product's general movement, as well as discussions of specific comments made by financial analysts and strategists.ETX is a member firm of the London Stock Exchange and offers multi-asset and multi-market derivatives through CFDs and spread betting products to individuals and institutions based in Europe and other locations.