Trading Platforms, Hardware, and Software
In This Chapter
• Determining computer specs
• Getting connected
• Finding platforms
Forex trading used to be the province solely of banks, multinational corporations, and hedge funds. Just 10 years ago, most banks closely guarded forex information, making it difficult to determine exchange rates. This led to an inefficient market where the bid and ask spreads were wide and the costs of trading forex were high.
That is no longer the case today. Anyone, whether in small-town America or a major European financial center, can trade forex as long as he or she has a basic computer and high-speed Internet. A reputable forex firm can give you a retail platform that gives you the pricing and execution ...