Introducing Pro Trading Tools

Trading with FXTM just got better.

We're pleased to announce the launch of FXTM's Pro Trading Tools - an innovative suite of tools from FX Blue and Trading Central - designed to elevate your trading experience.

Our new trading tools include a range of features tailored to meet the diverse needs of both beginner and experienced traders. From advanced charting capabilities to real-time market analysis, each tool has been designed to offer unparalleled precision, ease of use, and comprehensive insights into the forex markets.

Read on to discover how the Pro Trading Tools can transform your trading journey, helping you make more informed decisions and maximise your potential in the world of trading.

What are FXTM's Pro Trading Tools?

FXTM's Pro Trading Tools are a set of tools designed to help you:

identify opportunities easily,
manage your risk effectively, and
take your trading experience to the next level.

Available to download from MyFXTM, and seamless integration with MetaTrader, traders can tap into these Pro Trading Tools offered as premium features at no extra cost! Trading Central is ideal for beginners and intermediate-level traders, while FX Blue is geared to more seasoned traders.

Benefits for traders

Whether you’re still fairly new to trading, or you’ve been mastering the markets for some time already, there’s something for everyone with FXTM's Pro Trading Tools.

Trading Central

Trading Central is built with the beginner trader in mind, bringing together tools that allow for easier analysis and insights.

Research and analysis are a critical part of successful trading. But in an age of information overload, gathering reliable information can be time-consuming and overwhelming. Knowing how to accurately analyse and interpret the data for trading decisions is another layer of complexity that less experienced traders can find intimidating.

Trading Central eliminates these worries by delivering high-quality information straight to your trading terminal and providing powerful insights tools that guide your trading decisions.

Key features

Economic events and insight:

An economic calendar highlights imminent events, while insight details the potential for impact and volatility based on previous events and price movements.

Crowd sentiment:

Uniquely powerful analytics such as Sentiment score, a Subjectivity score and a Confidence Index assigned to market news to support decision-making and evaluation of trading opportunities.

Market news and video:

Market Buzz curates up-to-the-minute market news delivered straight to the trading terminal and analyst-led video live from the New York Stock Exchanges trading floors.

Fundamental analysis:

Stock-specific information like EPS and market cap, as well as individual stock ratings from market analysts suggesting whether a stock is a good option for a buy or a sell.

FX Blue

FX Blue is ideal for experienced traders looking for more advanced analysis and enhanced charting capability. A wide range of innovative indicators bring new depth to technical analysis, while tools like the Mini Terminal make for quick calculations and management of positions.

Key features

Advanced charting and analysis:

A variety of innovative indicators allow for more sophisticated and in-depth charting. These include:

Profit / Loss Indicator shows your current floating profit/loss of account or open positions
Alarm Manager lets you create automated alerts for a range of trade events or actions related to the market or positions
Bar Changer can be used for modifying bar data in MT4 (offline)
Candle Countdown Indicator shows the time remaining in the current bar
Chart Group Indicator allows for changing of symbol across multiple linked charts at once
Chart-in-Chart Indicator lets you add an additional symbol in a sub-window for bar-by-bar comparisons
Correlation Matrix highlights correlation between symbols over a configurable timeframe and number of bars
Currency Strength Indicator shows the relative strength of major currencies, on a scale of +10 to –10
Donchian Channels are a technical indicator that seeks to identify potential reversals, breakouts, or other emerging trends
Freehand Drawing Indicator lets you mark or highlight events on MT4 charts for live webinars or distribution
Gravity Indicator shows areas of possible support and resistance based on previous price action
High-Low Indicator is a flexible tool for showing highs and lows on a chart, from any timeframe and based on any number of bars
Keltner Indicator is similar to Bollinger bands, but with the size of the channel varying based on ATR rather than standard deviation
Renko Bar Indicator draws Renko blocks on a normal MT4 time-based chart.
Sentiment Trader displays information about current and historic long/short sentiment
Plus many more!

Trade and risk management:

Mini Terminal can create, modify and close orders with ease using dynamic deal ticket. Each order field – volume, s/l, t/p, and trailing stop – includes its own calculator to help you work out your optimal trade size and margin requirement.

Getting Started with FXTM's Pro Trading Tools

You can have the FXTM Pro Trading Tools up and running in a few simple steps.

1. Open a FXTM account

You’ll need an FXTM account to access the Pro Trading Tools. If you don’t have one, register for a new account here.

2. Choose your platform

Once your FXTMaccount is set up, download MetaTrader 4 or MetaTrader 5 based on your preferences.

Please note that FXTM's Pro Trading Tools only run on MetaTrader apps and not on WebTrader.

3. Download your tools

In MyFXTM, go to ‘Trading Services’ > ‘Pro Trading Tools’. You can then download FX Blue and Trading Central, the two third-party tools integrated with MetaTrader.

4. Add tools to MetaTrader

Run the Trading Central or FX Blue files by going to ‘File’ > ‘Open Data Folder’ > ‘Downloads to install’. Apply them to your chosen MetaTrader platform if prompted.

5. Relaunch the MetaTrader platform

You’ll find your FX Blue and Trading Central tools in the ‘Indicators’ and/or ‘Expert Advisors’.

FX Blue tools will be branded as FXTM, or Figaro app suite.

Why Choose Pro Trading Tools?

While the MetaTrader platforms offer a selection of analysis tools and charts, the addition of FXTM's Pro Trading Tools elevates your trading experience, offering more insight, customisation, and capability.

New traders can benefit from in-depth insight, designed to deliver information in a clear, easy-to-analyse way. This encourages quicker opportunity identification and more effective risk management.

More seasoned traders can take their technical analysis to new levels with the range of innovative indicators designed to offer powerful evaluation capability.

FAQs

What are FXTM's Pro Trading Tools?

FXTM's Pro Trading Tools are a set of tools that enhance the functionality of the MetaTrader platform. Offering a seamless integration with leading third-party trading tools – Trading Central and FX Blue – Pro Trading Tools are designed to help you identify opportunities easily, manage your risk effectively, and take your trading experience to the next level.

What is Trading Central?

Trading Central is a renowned provider of financial market research and analytics. With more than 25 years’ experience, Trading Central is dedicated to helping traders and investors find and validate new opportunities, learn about financial markets, and manage their risk. It does this through an award-winning mix of automated AI analytics and registered investment adviser expertise.

What is FX Blue?

FX Blue is an award-winning fintech provider, which delivers institutional-quality software and services to brokers in more than 20 countries. Founded in 2010, it helps traders make informed, technology-assisted decisions through high-quality analytics, insights and tools.

Is there a charge for Pro Trading Tools?

No, these tools are brought to you by FXTM. There’s no fee or charge to be paid.

How can I get FXTM Pro Trading Tools?

You can have the FXTM Pro Trading Tools up and running in a few simple steps.

1. Open an FXTM account

You’ll need an FXTM account to access the Pro Trading Tools. If you don’t have one, register for a new account here.

2. Choose your platform

Once your FXTM account is set up, download MetaTrader 4 or MetaTrader 5 based on your preferences.