A forex platform is a system used by a foreign exchange trader to carry out their operations. They are typically programs that display information to the trader and allow them to monitor and control transactions remotely. A forex platform may perform limited technical analysis, though this is better suited to dedicated programs. It will invariably have online connectivity so that a trader may be able to have access to real time information regarding the state of the forex market.
Technical analysis program is different from a forex platform in the regards to their respective purposes. A technical analysis program is primarily used for planning, analysis, trend comparison and prediction among other things. It is primarily a system to facilitate transactions a trader will make. However, many programs combine the functions of both a forex platform and a technical analysis program. To add to the confusion, others would define a forex platform to be a suite of foreign exchange trading programs, including technical analysis programs. Whatever the case may be it can be said that in this day in age, a forex platform is an absolutely crucial necessity for a currency trader.
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