#updated exchange rates currency
Real Time Foreign Exchange Software
Online foreign exchange occurs in real time. Exchange rates are constantly changing, in intervals of seconds. Thus, an online Forex system operates in real time. That means that quotes are accurate at the very moment they are displayed, and in 10 seconds or less a different rate may be quoted. Also, when a user locks in a rate and executes a transaction, that transaction is immediately processed and the exchange/trade has been executed.
Real time exchange rates
As exchange rates change so rapidly, any Forex software must display the most updated real time exchange rates to the user. That means that Forex software is continuously communicating with a remote server that provides the current updated exchange rates. The rates that are quoted on Forex software, unlike traditional bank exchange rates, are real, tradable rates. A user may choose to “lock in” and trade at the rate which is currently displayed, (called the freeze rate), which is valid as long as it is displayed. A different rate may be displayed within a few seconds.
easy-forex real time Foreign Exchange Software
easy-forex offers robust real time foreign exchange software. The easy-forex system uses software tools called web services to continuously fetch the most updated exchange rates. From a user’s perspective, this is all transparent and they are provided current quotes in real time trading without the need to refresh the page. This is true in all the real-time elements of the easy-forex web-based Forex system: the most recent data is always provided to the user without the need for a page refresh. This includes account status screens such as ‘My Position’, which is continuously changing due to changes in rates and other real time elements.
Transaction processing and storage
As soon as a transaction is executed, the relevant data is processed securely and sent to the data server where it is stored. A backup is created in a different server farm to ensure data integrity and continuity. All of this happens in real time, with no human intervention.
easy-forex guarantees the accuracy, security and integrity of all transactions.
Risk Warning: Forex, Commodities, Options and CFDs (OTC Trading) are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. Please ensure that you fully understand the risks involved and do not invest money you cannot afford to lose. Please refer to our full risk disclaimer. EF Worldwide Ltd
EF Worldwide Ltd
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