Using this utility you can analyze various online stock markets to make informed financial decisions based on factors like regulatory status and price history.
WikiFX
WikiFX is a Windows program oriented toward professional forex traders and beginners alike. It empowers users to choose a third party broker for managing their money. There is detailed information about each financial advisor to streamline the selection process.
Main functionality
You can access over 40 000 licensed brokers. The list is sortable by regulatory status, global rankings and other attributes. The software assigns a credibility score to every account as well. Moreover, fraudulent activity is automatically identified and halted to enhance scam protection.
Users are able to study regulatory agency reports to better understand which brokers comply with legal standards. Additionally, it is possible to display the type of active license such as:
- STP;
- MM;
- ECN.
Trading tools
The software sends real time alerts about regulatory changes or other relevant updates. Similar to Forex Strategy Builder, you can analyze current market conditions and access the latest news to keep track of price fluctuations caused by important events. This is particularly helpful for maximizing profits in volatile and uncertain situations.
Features
- free to download and use;
- designed to help online stock traders make better financial decisions;
- it is possible to follow popular broker strategies to increase potential profits;
- you can keep up with the market by reading the latest industry news;
- compatible with modern versions of Windows.