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Friday, April 24, 2009

What Forex Trading Software Is About

By Michael Lenner

There are many forex trading software programs available, but they are not all created equally. While quite a few are quality programs, others arent worth a second look.

As there is no way to predict which product is worthless, it is best to know the warning signs that may signify a product is less than desirable.

Some of these red flags include a lack of client assistance-- both prior to sale of the product and thereafter; products sold as-is with no return option; unclear description of the actual product; and those with no evidence of performance. These red flags are clarified below.

If the company cannot resolve all questions and concerns before purchase of its product, nor will it address issues after the purchase, then the product cannot be worth purchasing.

As this product requires specialized knowledge and training to operate, technical support is of supreme importance. Therefore, access to the vendor for guidance is a must.

A return policy is necessary to ensure that your program will operate according to the company's claims. A company that does not offer a refund for defective or damaged software calls its own integrity into question.

The sales copy should be clear and you should be able to find out the details about your purchase clearly. For clarification purpose you may ask questions but once you decide to purchase the system, the sale copy should give you all the necessary details.

Finally, look out for proof that works before you buy the software for forex trading. Do not go only by the vendors word but look out for proof and whether the company supports their claims about the product. - 23200

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