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FOREX CLUB
StartFX 2 Key Benefits
FOREX CLUB
2 StartFX 2 Key Benefits
StartFX 2 Key Benefits FOREX CLUB, 2012
CONTENTS
1 Platform concept.......................................................................................................................................................................................... 3
2 Key benefits of StartFX 2............................................................................................................................................................................ 4
Four levels of functional capabilities ....................................................................................................................................................... 4
Support by levels ......................................................................................................................................................................................... 4
New functions highlight .............................................................................................................................................................................. 4
Tips after rising to the next level.............................................................................................................................................................. 5
Tips for first use of analytical tools ......................................................................................................................................................... 5
Customized offers ........................................................................................................................................................................................ 5
Start trading without registration ............................................................................................................................................................. 6
Save Password function ............................................................................................................................................................................. 6
Convenient quote grid ............................................................................................................................................................................... 6
Updated execution mode with an assistant .......................................................................................................................................... 7
Two modes of quotation ........................................................................................................................................................................... 7
Trade modification forms........................................................................................................................................................................... 8
News on the chart ...................................................................................................................................................................................... 8
Links in the news .......................................................................................................................................................................................... 9
News filter by trading instruments ........................................................................................................................................................... 9
Assessment of newsfeed events ............................................................................................................................................................... 9
Using Autochartist™ and Trading Central™ without registration ................................................................................................... 10
Analytical tools .......................................................................................................................................................................................... 10
Handy mechanism for working with analytical tools ....................................................................................................................... 11
Easy way to add indicators ................................................................................................................................................................... 11
Charts with filling ...................................................................................................................................................................................... 12
Reference portal ....................................................................................................................................................................................... 12
Viewing messages .................................................................................................................................................................................... 12
“Did you know that…” messages.......................................................................................................................................................... 12
FOREX CLUB
3 StartFX 2 Key Benefits
1 PLATFORM CONCEPT StartFX 2 is a wonderful solution for novice traders. The key concept behind this platform is the four levels
of functional capabilities. When you start to learn about financial markets, StartFX 2 offers you the simplest and most important tools. The platform will allow you to gain experience quickly thanks to the intellectual reference material. As you become more experienced, the functions of the platform become more sophisticated.
The platform has different functions that will help you quickly master the basics of trading. Among these functions there are some that deserve a special mention:
Tips to the trader at every level of the platform
Interactive help on analytical instruments
Unique glossary of macroeconomic terms built in the newsfeed
Experienced traders will appreciate the unique trading conditions on StartFX: return of commission on non-profitable trades, and no spread. Usually, experienced traders close trades quickly if they start losing money, and by contrast – keep profitable trades open for a long time. That is why some trading strategies imply a large number of trades with a small loss, and a small number of trades with a very big profit. Commission on the StartFX account is equivalent to 4 pips of spread. It means that if only one out of your 4 trades made a profit, you only pay one pip of spread. And if only one out of 8 trades is profitable, the transaction fee will amount to just 0.5 pips.
FOREX CLUB
4 StartFX 2 Key Benefits
2 KEY BENEFITS OF STARTFX 2 The new design and interface make the platform more attractive and user-friendly, while new capabilities support
detailed analysis and balanced trading decisions.
Four levels of functional capabilities
The platform allows you to trade regardless of your level of knowledge and skill: the first level is the simplest while the fourth level is the most sophisticated.
Detailed description: User’s Guide, Chapter 6.2. “Number of Levels”.
Support by levels
The platform tracks your trading activity and the way you use different tools, and once you reach a certain skill level – you will be offered to rise to the next level of functionality.
Detailed description: User’s Guide, Chapter 6.4. “Support by Levels”.
New functions highlight
When upgrading to the next level, the platform highlights the functions that are characteristic of this new level.
Detailed description: User’s Guide, Chapter 6.4. “Support by Levels”.
FOREX CLUB
5 StartFX 2 Key Benefits
Tips after rising to the next level
Tips give a brief description of tools available in the platform.
Detailed description: User’s Guide, Chapter 14.2. “Tips Activation/Deactivation”.
Tips for first use of analytical tools
When a tool is used for the first time, its description is displayed.
Detailed description: User’s Guide, Chapter 14.9. “Types of Messages”.
Customized offers
The platform evaluates your trades and sends banners and messages to your mail terminal that are customized specifically for you.
Detailed description: User’s Guide, Chapter 10.5. “Banner in the ‘Account’ Component”.
FOREX CLUB
6 StartFX 2 Key Benefits
Start trading without registration
The platform enables you to start trading without registration. Simply download the platform and start trading!
Detailed description: User’s Guide, Chapter 4.2. “Enter Without Registration”.
Save Password function
Allows you to resume work with the platform quickly.
Detailed description: User’s Guide, Chapter 4.1. “Enter Using Login and Password”.
Convenient quote grid
Maximum speed of trades execution in one window via a quote grid.
Detailed description: User’s Guide, Chapter 8.2. “’Quote Grid’ Mode”.
FOREX CLUB
7 StartFX 2 Key Benefits
Updated execution mode with an assistant
An assistant allows you to close a trade and makes sure that you don’t miss a single important step in making a trading decision.
Detailed description: User’s Guide, Chapter 7.3. “Trade Execution in the ‘Assistant’ Mode.
Two modes of quotation
You can close trades using two modes of quotation: Fixed Price and Instant Execution.
Detailed description: User’s Guide, Chapter 7.8. “’Parameters’ Menu”.
FOREX CLUB
8 StartFX 2 Key Benefits
Trade modification forms
The forms enable maximum simplicity in increasing or decreasing the position size, or reversing the trade.
Detailed description: User’s Guide, Chapter 7.5. “The ‘Modify Trade / Modify Limits’ Button”.
News on the chart
News markers on the chart show the relation between the news and the chart. You can see how particular news influence the market.
Detailed description: User’s Guide, Chapter 11.3. “’News on the Chart’ Button”.
FOREX CLUB
9 StartFX 2 Key Benefits
Links in the news
Links in the newsfeed refer you to a glossary of microeconomic indicators when you click on the link.
Detailed description: User’s Guide, Chapter 12.5. “’Links in the Newsfeed’ Service”.
News filter by trading instruments
A way to define and view news by separate instruments. For example, if you trade USD/JPY, you can look only at the news relevant to this pair.
Detailed description: User’s Guide, Chapter 12.2. “’Show News by Instrument’ Mode”.
Assessment of newsfeed events
A simplified form of fundamental analysis.
Detailed description: User’s Guide, Chapter 12.4. “News Assessment”.
FOREX CLUB
10 StartFX 2 Key Benefits
Using Autochartist™ and Trading Central™ without registration
You have access to Autochartist™ and Trading Central™ without a login and password.
Detailed description: User’s Guide, Section 13, ‘Analytics’ tab.
Analytical tools
The platform offers you technical analysis tools: 2 graphic instruments, and 8 technical indicators.
Graphic instruments:
Random line
Horizontal line
Technical indicators:
Alligator
ATR
Ichimoku
MACD
Price Channel
RSI
SMA
Stochastic
Detailed description: User’s Guide, Chapter 11.5. “Graphic Analysis Tools”.
FOREX CLUB
11 StartFX 2 Key Benefits
Handy mechanism for working with analytical tools
Any graphic analysis tool or technical indicator can easily be added, changed, or removed, using special panels.
Detailed description: User’s Guide, Chapter 11.5. “Graphic Analysis Tools”.
Easy way to add indicators
To add a technical indicator, simply double-click. The platform will place and set up the indicator automatically.
Detailed description: User’s Guide, Chapter 11.1. “’Add Indicator’ Button”.
FOREX CLUB
12 StartFX 2 Key Benefits
Charts with filling
A linear chart is built based on the most significant prices – opening prices; and the filling makes the chart more illustrative.
Detailed description: User’s Guide, Chapter 11.4. “Types of Chart Presentation”.
Reference portal
The reference portal enables you to quickly find the required information about the functions available in the platform and about macroeconomic data, to learn useful facts from “Did you know that…” messages.
Detailed description: User’s Guide, Chapter 14.1. “Link to Reference Portal”.
Viewing messages
In the mail service window, you can receive, view, save, and delete messages.
Detailed description: User’s Guide, Chapter 14.8. “Mail Service Window”.
“Did you know that…” messages
Every time you launch the platform, you get a “Did you know that…” message. These messages give you useful facts and explain how they can be used in the platform.
Detailed description: User’s Guide, Chapter 14.9. “Types of Messages”.
