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New York Press Releases
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(NewYork.CityRegions.Com, June 06, 2012 ) Tel Aviv, Israel -- Today ForexGlobes.com is proud to announce the beta launch of its new Social Forex Signals service. A platform it says is set to change the paradigm of the Forex world for both traders and brokers.
The new service by ForexGlobes.com offers a social network experience for traders to share their trading strategies in real time. By posting 'forex signals' and following other traders (selected based on locale and trading performance) members are able to gain a deep understanding of what trading techniques are profitable and act upon them in real time.
Brian Tieling, Product Marketing Manager for ForexGlobes.com says "2012 is set to be cemented as the year where Social & Apps become one in all verticals. In Forex this is especially pertinent since traditionally interaction and engagement between traders was a taboo subject. Today we see the openness and willingness of traders to share strategies and participate in open discussion on events that can lead to smart trading."
As the World of Forex continues witness fundamental changes in the way it operates; from the demand of regulatory compliance coming from both local government and traders themselves to the introduction of a number of independent services offering traders never before seen tools to improve their chances of profit. During 2012 the market is set to see continued market instability which begun with the recession of 2008 and worsening with every economic event. Traders are now smarter and more aware of the notable events that can provide trading profits and losses.
One area where recent technical developments have matured is 'Forex Signals' for long time, signals were frowned upon as untrustworthy and created by opportunists aiming to make their profit from selling a product while their customers lose their money on the markets.
Mr. Tieling continued "In 2012 we're seeing a natural move from traditional signal providers being replaced by user generated and transparent social signals networks. A great example of this is today's launch of ForexGlobes, which pits itself as the first true "Social Forex Signal Platform" The first generation of the platform went live last year to a closed group of experienced traders.
However, after positive and challenging feedback we decided to take it off-line while a fundamental re-development took place. This month we re-launch the service as a social trading experience. Signals are provided by the community, the platform is open to all traders regardless of level or current choice of broker. The intention appears to be 100% transparence coupled with 100% broker independence."
"The Company’s service is unique in many ways, arguably the most significant it the independence we have from any broker. It means the company’s members can join regardless of who they trade with and will be able to seamlessly copy trade the signals to their MT4 platform regardless of which broker they're registered with.
About Forex Globes:
Forex Globes, the first true "Social Forex Signal Platform" conceived, developed and optimized by seasoned Forex Traders and Thought Leaders in the Industry. For the first time there now exists a trading signals community. Engagement, exchange and discussion of Forex trading strategies can now be leveraged to allow people to realize the opportunities claimed by brokers.
ForexGlobes.com
Brian Tieling
(408) - 248 - 3432
info@forexglobes.com
Source: EmailWire.Com
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