How to Choose a Computer for Forex Trading

How to Choose a Computer for Forex Trading
How to Choose a Computer for Forex Trading
July 31, 2017 Tyson Clayton
How to Choose a Computer for Forex Trading

To be a successful trader, you need to keep up with the rapid changes that occur in the forex market. In addition to keeping up to date on current market trends, you also need to have a reliable machine and internet connection to ensure that you can make the trades with ease.

That is why we have done the research and below we breakdown which computer may be your best option.

Mac vs PC

Mac: They are highly reliable and are known to work for longer hours without ever crashing. Since all the components within a Mac device are supported by a single vendor, it is not necessary to continuously install or update the drivers within the device.

This also means that you can speed up your Mac device as there is no need to have a large amount of protective software. The worst that could happen mid trade is for our computer to freeze or need an emergency restart.

Setting up a Mac is easier and faster when compared with a PC. This comes down to the time that is taken to boot the device, making it possible for you to start trading in a shorter period of time. In forex trading, this could mean the difference between success and failure.

In less than a minute, you should be able to gain access to your forex trading account. Furthermore, the maintenance of Mac devices is easier, giving you less worry that your machine could become sluggish.

Trading Platform Compatability

When it comes to trading platforms that are compatible with a Mac, unfortunately you will find that your options are limited though. PCs using Windows dominate the forex market for compatible with trading platforms. In fact, it is estimated that only 28% of all the forex trading platforms online that can be used on a Mac device. Due to this, trading platforms that are used by  PCs are almost always more affordable than those that have been created for Mac devices.

When deciding between PC or Mac, you may start with the expense, as running a Mac is much more expensive than using a PC. Furthermore, you should also consider the versatility, as PCs have more to offer in regards to the platforms that you can use. In the perfect world, you should use a PC and have the right programs installed so that it works in the same way as a Mac device.

Adequate Speed for Trading

The device that you use should fulfill certain specifications to be among the best computers for trading. These include having RAM that is at least 16GM for adequate speed. The size of the screen should be between 15 and 17 inches and needs to have 3 or more USB connections that will make it possible for you to add more monitors if needed. Finally, the processor should be super-fast, for example, an Intel i7.

Summary
How to Choose a Computer for Forex Trading
Article Name
How to Choose a Computer for Forex Trading
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To be a successful trader, you need to keep up with the rapid changes that occur in the forex market. In addition to keeping up to date on current market trends, you also need to have a reliable machine and internet connection to ensure that you can make the trades with ease. That is why we have done the research and in our opinion the best set up for trading the currency market is a Mac.
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Market Traders Institute
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