When it comes to forex trading one of the most important tools that you are going to need to have is a trading platform, which most of the time when you sign up with a forex broker they will supply you with the forex trading system software that you will be using.

Here are reviews of some of the forex trading system software that is available for you to use.

Martketforex:

• Can be found at www.marketforex.net
• Is focused on currency trading and is easily accessible to all who are interested in investing in Forex
• Real-Time quotes - updated quotes are available every second and the user has the option of keeping a check on their positions in real time 24 hours a day which allows the user to make decisions based on current information
• Leverage - MarketForex offers a high leverage 100:1, which gives the user more buying power than what they would normally have because it increases your total return on investment. But the leverage can actually go up to 400:1
• Instant deposit - you can use your credit card or paypal account to finance your account and start trading immediately and your personal information is protected. And you can open an account with as little as $25.
• Personal account management - there is always somebody available for the users to get help; representatives are available by phone, email or online chat 24 hours a day seven days a week. You will also have an Account Service Manager that will be appointed to work closely with you.
• No hidden fees or costs - meaning that they do not charge a commission on any of the deals that you make. They instead make their profits on the bid/ask spreads embedded in the currency rates
• Interest - you can also earn rollover interest
• Free practice accounts - this is a great feature in case you are new to the currency trading market. It allows you to practice without losing money.

PremiereTradeAI

• This is revolutionary trading software that uses multiple color coded technical indicators that help you determine when to buy and when to sell
• Uses color coded graphics and state of the art software for each indicator so that you can easily understand them and take the appropriate action at the right time
• Using this software for forex trading makes it easy to create an additional source of income because it only takes a few minutes each day
• Instantly conduct real time Stock, Option, Mutual Fund and FOREX market trend analysis
• Identify clear entry and exit signals using the same proven methods that the professional traders use
• Accommodates all trading styles and levels with cutting edge analysis tools
• Money management feature helps you to make decisions that make sense for your portfolio, not what the program thinks is best
• Easy to read Red and Green indicators
• Confirm your trades before you place them using easy to read technical indicators
• Outstanding customer service, education, training and support
• Allows you to trade in any market to maximize profits and protect investments
• Risk Free Trial for 30 days
• License the software for $199.95 per month or you can own it for $2,995
• 6 months free data included, after the six months it is $99.95 per month
• Forex Real Time Data - this is included in the software subscription service.
• Stock & Mutual Fund Real Time Data - need this data feed to use the stock and mutual fund module.
• Options Real Time Data - need this data feed to use the Options module
• Must have a minimum of 56K dial-up modem, but high speed connections are actually recommended for all day traders
• Can be found at http://www.premieretradeforex.com

AbleTrend 7.0

• Can be found at http://www.wintick.com/home/
• Trading software provides specific buy/sell/stop signals based on AbleSys' proprietary algorithms
• Can use it to design and test your own trading strategies without needing TradeStation EasyLanguage
• Offers free daily webinars, as well as a three day live trading seminar
• Combines time-proven proprietary strategies with world-class charting platforms for the best trading software
• 100% Mechanical and Automatic - blue dots are buy signals and red dots are sell signals with sound alerts. Each built in indicator can be back tested.
• Universal and Robust - works with any market and with any time interval. Also works well with position trading, swing trading or day trading
• High Performance - is validated by back testing with historical data. And allows you to test your trading strategies before you risk money in real trading
• New Intraday RT AutoScan - monitors your custom symbol list in real time, gives you buy or sell alerts instantly. AutoScan charts are updated by real time tick data. Enables you to diversify your trading portfolio and find good trading opportunity in real time. Not to mention that it works for intraday, daily or weekly charts
• New Comprehensive Tools includes a variety of comprehensive tools that you can use to enhance your trading experience including toolbars that come equipped with standard tools and some specific to trading
• New Advanced Charts - can hold 4 or more symbols and each workspace can hold 16 charts. You can also open eight workspaces at the same time.

1. Single chart
2. Multiple chart
3. Percent chart
4. More workspaces and more charts

• Each Indicator is a Strategy - provides different trading signals on the same chart and each indicator can be added to the same chart a few times with various settings
• New Analysis Template - One click of the mouse can do many things including:

1. Add your custom analysis
2. Bring back all settings specific setup

- Indicators
- Parameters
- Colors
- Style
- Weight
3. Can easily share with your friends and other users

• New Easy User Interface - many features that are easy to use including:

1. 5 ways to resize charts
2. One right click to format any item
3. Crosshair to track price & time
4. Global tracking chart positions
5. Percent retracement calculation
6. New info Window format
7. One right click to change intervals
8. One click changing chart style

ProSignal

• Can be found at http://www.prosignal.net/index.htm
• Delivers a completely automated forex trading platform. The platform automatically executes trades on your brokerage account

1. This is accomplished by following trade signals from the industry's leading signal providers, including signals from their own proprietary strategies
   

• Uses the latest technology in automated trade execution, which is similar to having a staff of professional traders working for you for 24 hours a day

• Platform Tools:

1. Diversify your portfolio - can trade up to 40 different strategies at the same time
2. Back test your portfolio with real time trade history recorded from live accounts
3. Create your own equity curve based on your portfolio of hand selected trading strategies

4. Maintain 100% account control
- Close auto trades early
- Set your own maximum stops and limits
- Create your own trades manually
5. Get trade notifications by email
6. See complete signal details as they are received from the signal provider
7. Various ways to sort the systems
8. Pips
9. Dollar profit
10. Accuracy
- Max drawdown
- Profit factor
- Risk adjust
- Number of trades
- Average profit per trade
11. 3 different money management strategies
- Fixed lots - demo account only offers this strategy
- Fixed ratio
- Fixed risk

• Platform benefits

1. Ability to trade mini accounts (10,000 lots)
2. Helps to eliminate many of the obstacles that are associated with manual trading

- Emotions of fear & greed
- Lack of discipline
- Poor money management
- The need to eat, sleep and have a life because the platform trades for you 24 hours per day
3. No need to keep your computer running because the trading is managed on their remote and secure server
4. Can create a balanced portfolio that is diversified among the multiple forex signal providers and strategy developers with live historical data

• System flexibility - the platform allows you to trade multiple trading strategies at the same time on the same account, anywhere from 1 strategy to 100 strategies. This also includes managing multiple strategies even on a single currency pair. The best thing about this flexibility is that it allows the trader to diversify their portfolio and risk but at the same time they get to keep complete control over their account. The reason for this is that they are allowed to intervene in any trade at any time and can even set their own stops and limits for each trade.
• Low cost - if you were to subscribe to all of the signal providers that are offered by the ProSignal AutoTrader it could easily cost you thousands of dollars per month. But with this software you get access to all of them for just $1 per 10K round-turn lot. What this translates to is that there are no monthly fees and no start up fees. So you are only paying for the signals you trade.