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Thursday, May 7, 2009

What You Should Know About Forex Trading Software

By Michael Lenner

There are many forex trading software programs available, but they are not all created equally. While quite a few are quality programs, others arent worth a second look.

Though there isnt a fool-proof test to identify the best programs, following are some guidelines to help you choose among the many offerings.

Some of these red flags include a lack of client assistance-- both prior to sale of the product and thereafter; products sold as-is with no return option; unclear description of the actual product; and those with no evidence of performance. These red flags are clarified below.

Do not purchase softwares for forex trading with nil support. Before purchasing the product, all your queries should be answered by them and should be able to assist you after the purchase also.

Forex trading software is a complex program on which even the most savvy computer person will occasionally require help. You will want to work with a provider who makes customer service a priority.

A return policy is necessary to ensure that your program will operate according to the company's claims. A company that does not offer a refund for defective or damaged software calls its own integrity into question.

The product write-up should clearly spell out what the program offers. Applying the "what you see is what you get" philosophy, the features of the program should be apparent from the advertisement.

Finally, a company with nothing to hide will proudly offer evidence that its forex trading software is sound and effective. Do not purchase a product from a company without that evidence, or that makes claims that cannot be proven. - 23211

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