Forex platforms typically supply the trader with quotes from networked foreign exchange institutions. Some may offer the capability to let trader open accounts online in different currencies, find different price quotes, and of course all will typically allow the remote buying and selling of currencies. Some allow contact with other traders using the same platform or a connected forex platform. Modern platforms typically have an adjustable graphic display so traders can visually perceive the current performance of the foreign exchange market. Other typical features available include technical support, analysis from partnered foreign exchange firms, automatic alerts in case certain contingencies are met, remote computer or terminal accessibility which allows for the use of other computers from everywhere there is internet access, live news reports from partnered news agencies, automatic controls that buy and sell certain currencies at given contingencies, monitoring of multiple items, testing of strategies with technical analysis functions, adjustable monitoring of time frame for movements in currency pairs, and almost every other conceivable action that could be done with regard to foreign currency trading.
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