Foreign Exchange Trading Services

The availability of foreign exchange trading services ranges from execution-only brokerages to full service houses. What your needs are depends on what your trading style and strategy are.

One of the reasons why Bloomberg systems have been so popular is that they offer a uniquely wide financial information pipeline for a trader. The problem for any individual trader outside big financial institutions is that Bloomberg systems are expensive.

Because of the price tag of the high-end trading services, many choose bundled services from their brokerage.

Foreign Exchange Trading Services – Brokerage Services

Before you choose any of the individual services for news, trading, charts, signals, and more, look what your chosen brokerage offers. Chances are that you can get discounted offers for bundled services in addition to the execution platform, or you may get complete packages for free.

In fact, offering free add-on services to the execution platform has become a crucial competitive advantage to many brokerages offering additional services.

Foreign Exchange Trading Services – Individual Services

If you like, you can always purchase additional services in addition to the ones that your brokerage offers for free. If you get delayed information from your brokerage, such as delayed news flow or charts, you should think about getting real-time charting and news from other sources.

Some of the individual resources offering brokerage independent services include

• eSignal
• Bloomberg
• Thomson Financial
• Yahoo! Finance
• Dow Jones
• CBS MarketWatch