Author: Ildar Sharipov, President of InstaForex Group

At InstaForex, we always aim at creating products and services with added value, something that stands above – or even runs ahead – of the competition. Easier said than done.

This is exactly why, beside sponsoring top sports clubs and stars, we have always focused on our IT development and content.

The results we have today, as far as the IT and media segment is concerned, prove that we are moving in the right direction.

Particularly, two solutions popular among (our) traders made it to the Top 10 most popular Forex apps in Google Play.

1. The Forex Course training app

This application has more than 500,000 organic downloads over the 4 years of its existence and is one of the most popular training apps for Forex traders. The application’s audience is rising on a stable and constant basis, and its content is expanding continuously as well both in terms of categories and quality.

The application is available in 7 languages, to be increased to 10 already in 2021.

Other than the Forex basics, the application covers technical analysis, fundamental analysis,  Risk Management  Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, most brokers employ a risk management department tasked with analyzing the data and flow of the broker to mitigate the firm’s exposure to financial markets moves. Why Risk Management is a Fixture Among BrokersTraditionally the company is employing a risk management team that is monitoring the exposure of the brokerage and the performance of select clients which it deems risky for the business. Common financial risks also come in the form of high inflation, volatility across capital markets, recession, bankruptcy, and others.As a countermeasure to these issues, brokers have looked to minimize and control the exposure of investment to such risks.In the modern hybrid mode of operation, brokers are sending out the flows from the most profitable clients to liquidity providers and internalize the flows from customers.This is deemed less risky and are likely to incur losses on their positions.This in turn allowing the broker to increase its revenue capture. Several software solutions exist to assist brokers to manage risk more efficiently and as of 2018, most connectivity/bridge providers are integrating a risk-management module into their offerings. This aspect of running a brokerage is also one of the most crucial ones when it comes to employing the right kind of talent. One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, most brokers employ a risk management department tasked with analyzing the data and flow of the broker to mitigate the firm’s exposure to financial markets moves. Why Risk Management is a Fixture Among BrokersTraditionally the company is employing a risk management team that is monitoring the exposure of the brokerage and the performance of select clients which it deems risky for the business. Common financial risks also come in the form of high inflation, volatility across capital markets, recession, bankruptcy, and others.As a countermeasure to these issues, brokers have looked to minimize and control the exposure of investment to such risks.In the modern hybrid mode of operation, brokers are sending out the flows from the most profitable clients to liquidity providers and internalize the flows from customers.This is deemed less risky and are likely to incur losses on their positions.This in turn allowing the broker to increase its revenue capture. Several software solutions exist to assist brokers to manage risk more efficiently and as of 2018, most connectivity/bridge providers are integrating a risk-management module into their offerings. This aspect of running a brokerage is also one of the most crucial ones when it comes to employing the right kind of talent. Read this Term, and trading psychology.

When our clients ask for advice, beside professional market  Analytics   Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analytics may also be structured with a descriptive model, where readers attempt to draw a correlation and better understanding as to how and why traders react to a particular set of variables. Traders sometimes implement technical indicators such as moving averages, Bollinger Bands, and breakpoints which are built upon historical data and are used to predict future price movements. How Analytics Relates to Algo TradingAnalytics are relied upon in the concept of algorithmic trading where software is programmed to autonomously signal and/or execute buy and sell orders based upon a series of predetermined factors. In the institutional space, Algo-trading has become vastly competitive over the years as trading institutions seek to outperform competitors through automated systems and the virtual application of trading strategies.The digestion and computation of analytics are also seen in the emerging field of high-frequency trading, where supercomputers are used to analyze multiple markets simultaneously to make near-instantaneous automated trading decisions. Platforms that support HFT have the capability to significantly outperform human traders.This is due to the innate ability to be able to comprehensively analyze big data sets while taking under do consideration an innumerable sum of factors that humans are incapable of comprehending in such speed. Additionally, analytics are seen with backtesting. Backtesting is used by traders to test the consistency and effectiveness of trading strategies and software-based trading solutions against historical price data. Backtesting also serves as an ideal playground for the further development of high-frequency trading as well as evaluating the performance of manual or automated trades. Analytics will continue to have an increasingly significant role in trading as emerging technologies and the advancement of trading applications progress beyond human capability. Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analytics may also be structured with a descriptive model, where readers attempt to draw a correlation and better understanding as to how and why traders react to a particular set of variables. Traders sometimes implement technical indicators such as moving averages, Bollinger Bands, and breakpoints which are built upon historical data and are used to predict future price movements. How Analytics Relates to Algo TradingAnalytics are relied upon in the concept of algorithmic trading where software is programmed to autonomously signal and/or execute buy and sell orders based upon a series of predetermined factors. In the institutional space, Algo-trading has become vastly competitive over the years as trading institutions seek to outperform competitors through automated systems and the virtual application of trading strategies.The digestion and computation of analytics are also seen in the emerging field of high-frequency trading, where supercomputers are used to analyze multiple markets simultaneously to make near-instantaneous automated trading decisions. Platforms that support HFT have the capability to significantly outperform human traders.This is due to the innate ability to be able to comprehensively analyze big data sets while taking under do consideration an innumerable sum of factors that humans are incapable of comprehending in such speed. Additionally, analytics are seen with backtesting. Backtesting is used by traders to test the consistency and effectiveness of trading strategies and software-based trading solutions against historical price data. Backtesting also serves as an ideal playground for the further development of high-frequency trading as well as evaluating the performance of manual or automated trades. Analytics will continue to have an increasingly significant role in trading as emerging technologies and the advancement of trading applications progress beyond human capability. Read this Term and the corporate InstaForex TV channel, we can proudly suggest that they download the Forex Course app to study Forex on their smartphones at any convenient time.

Another feather in our cap, other than the number of organic downloads of the app (which alone is a testimony to its popularity), is its 4.7 rating, the highest in the Forex segment of Google Play.

All said, Forex Course is not the only product of ours in the Top 10 apps list.

2. The Forex Portal analytical app

Just like Forex Course, the Forex Portal mobile app is also a product of InstaForex, even though a younger one, having been released only a year and a half ago. Since the early months of its existence, it has stayed in the Top 5 list of Forex apps in Google Play.

What is so special about the Forex Portal and why does it have more than half a million organic downloads in only a year and a half since its release?

The key factor of the growing popularity of the app is its quality content created by a host of analysts, artists, and copywriters – all in all, over 40 people.

That’s right, downloading just one app gives a user access to the best content by more than 40 writers – not to mention scores of translators who convert the analytics on our portal into 12 languages daily.

Beside the mobile app, there’s the FX.CO Internet portal, which we at InstaForex are also proud of. In 2020, the company’s analytical portal, previously residing at MT5.com, was rebranded to turn a new page in its development.

Since its launch in 2009, our portal has provided analytics to traders all over the world for ten years under an agreement with MetaQuotes, the owner of the MT5 brand.

Today, a mature team of professional writers and more than ten years of experience merged under a new resonant name to bring more joy to traders.

The FX.CO portal and its mobile app are among the leaders in financial analytics for currency traders all over the globe.

Quotes, analysis, estimates, signals, indicators, automated patterns, and analytical videos by some fifty writers and anchors – all this is available for free 24/7 in 12 languages to all that seek to enter the world of Forex today.

Two Best Forex Apps From The Best Broker

Forex Course and Forex Portal by InstaForex are just the two most notable, but not the only noteworthy products for novice and experienced traders, as well as for potential partners.

However, the company recommends that you begin your introduction to the company and the Forex market by downloading these two leading apps. This will permanently put at your fingertips a convenient tool to work and study financial markets.

What New Mobile Products Are Planned To Be Released In 2021?

In the next few months, the company plans to launch an updated version of the trading platform that has been downloaded more than a million times as of right now. This will be the most extensive update of the app since its initial release in 2016.

The interface will be completely updated, and usability will be enhanced significantly.

Even if you are not a client of InstaForex, downloading InstaForex Trader App will enable you to efficiently monitor the quotes and, of course, access the best Forex analytics.