The main aim for every Forex brokers is to make their site appealing to their clients. To help them enhance their website, there are numerous tools meant Forex Webmasters which can help them attract the right kind of traffic to their portals.
After a point, usual texts and links don’t work that well if you want to traders looking for trading Forex for your website Traders look for engaging tools which help their trading tasks easier and less hassle-free. So, to help site owners/brokers build up prominence of their site
Here are 5 intuitive tools to incorporate for a site owner:
1. Exchange Rate Feeds:
Forex trading is primarily about exchanging currencies from one another. To do such transactions properly, most traders look up to a broker for accurate exchange rate feeds. They want to know at what rate EUR is transferring with GBP (or any other currency pair).If a Forex website doesn’t present traders with accurate currency exchange details; they would likely find one who does. So this is one tool webmaster tool which an FX site owner has to incorporate.
2. Economic Calendar:
Variables such as Gross Domestic Product, Consumer Price Index, Rate of Interest from Central banks, unemployment rates of a particular country, all prove real importance in FX. The reason being, it is the influence of these variables that the market experiences so many radicle changes.
Though it is a fact that most tend to look at technical analysis as their mode of trading, they also want to gander at all those fundamental variables which could play a crucial role. Again for that, they look up to brokerage companies for the best accurate information.
This tool for Forex webmasters add real value and allow them to attract a fair number of newbies.
3. Currency Conversion tool:
With the help of this webmasters tool, every single currency pair is easily convertible. Even the rates are adjusted per every minute. The mechanism of this tool is that a default currency along with a default quote will be present at its drop-down. Traders can enter their preferable currency and convert it to another given currency.
Most traders look out for such tools and those site owners having this, is sure to gain plenty of traffic.
4. Profit and Loss Calculating tools:
The main role of a currency conversion tool is to gauge the profits and losses of a trader’s trade. They are put to use for all existing currency pairs and the rates are also adjusted as per minute.
5. Real time Quotes:
Real time quotes aids traders stay up to date with the latest market happenings. This is not just in case of currency trading but also when trading stocks and commodities. Site owners can include this as one of the convenient services and entice numerous traders to sign up and become official members.
These are some of top 5 tools for Forex webmasters to not just think of, but incorporate into their website. Every single trader wants to gain that decisive upper hand from the others. Making these tools available for them to cater doesn’t just prove helpful for trades, but also from the point sites profitability and popularity.
DO think about these tools.
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.