Some Financial Tools Used for Trading Purposes

There is no dearth of online financial trading instruments or tools. Such tools may range from basic-level practice programs to advanced software. The latter analyzes previous trading strategies for the veteran traders. Some of these instruments serve as simple interface for online trading, both stock market and forex. Nevertheless, there are others who offer achieves of historical stock or foreign exchange information and objective analysis as well.

License: Creative Commons image source
License: Creative Commons image source

Using such software and trading instruments, both novice and seasoned traders can effectively invest through a computer with Internet connection from any corner of the world.

Here is a brief discussion on online finance tools that can make trading lucrative and successful.

Stock Predictor

Stock Predictor presented by one of the most reputed software companies is a sophisticated stock charting and investing technique performance analyzing software especially created for the technical and veteran stock traders. Implementing stock exchange rules established by the historical stock data, this software helps to predict the prices of stocks depending on the objecting parameters instead of human emotion. The program features downloadable stock information, automatic or manual policy performance analysis, trading techniques, results interpretation and last but not the least, more than 500 in-built trading plans. This program provides a number of technical indicators for single-security on a single chart to maintain pre-defined lists of securities and at the same time, the software backtests user investment plans. The software can be run on Windows OS.


Unlike other trading tools, this online tool entirely emphasizes on simplicity to make online financial stock trading a game-like experience. It is a completely online platform that needs no software to download and can be run on cell phones like iPhones. It hosts a graphical interface which lets the users place their trades. The traders may trade with actual money or play money-based on-live prices to gather trading experience. By visiting the official website of the gnuTrade, you may find tutorials on trading and resources like forums, news and global clocks. You can also try the software for fee at its website using play-money, for trading for financial profits. However, you need to sign up on the site to get this benefit.


This is an online foreign exchange market interface especially designed for the beginners in this field. But the official site of the software also offers options for veteran traders. Free practice accounts offered by eToro allow users to do no-risk-forex-trading for the beginners, featuring a user-friendly graphical platform, personal trading tutors and low-initial investments for the users who are ready to make a jump. For the professional traders, the site offers spreads of as low as only 2 percentages in points or pips, personal accounts managers, 1:50 to 1:400 forex leverage and automated execution. The program can be run on Windows OS, while its browser based tool allows the traders to trade without downloading the software. However, they need to sign up for the service and download the program from the official website of eToro.

Make your trading a happy experience with the online finance tools mentioned above.

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