Think about this:
Forex market is the most liquid market of the world where currencies and commodities are traded with an average daily volume that goes in the trillions of dollars. Forex trading attracts the traders, both professionals and amateurs, because of its high returns in a very short period.
No wonder it is very hard to stand out of the traders’ crowd.How it is possible not only to distinguish yourself out of many, who crawl in the endless sea called Forex, but also to earn real money and to form a serious income?
The answer is simple:
It is necessary to learn all mechanics of the market from inside and gain the understanding of the trends and patterns. Keep reading and learn how you can use the Forex history to strengthen the possibility of the profitable trades in the next 3 easy steps.
Check how our trading simulator Forex Tester 5 can be helpful to make the backtesting process even more easier for you!
It is true:
You can definitely find anything on the internet. So you think, you are done?
However, as it turns out it is not that easy, as it seems:
We have settled down everything on behalf of traders, so you do not need to search for the historical data of an appropriate quality browsing the web for hours and hours.
We have developed this service where you can download Forex history of different quality depending on the needs and requirements of your trading business.
We offer two types of the historical data packages:
Let us go for the details of each package to lean how they can be useful for you as a trader.
As it turns out:
Free historical data appears to be a medium-quality information. The lack of the information about the rest of the symbols, the absence of the tick data and refreshing the database only once a month can result in the lower precision degree of the decision making
You might be wondering:
If free Forex history provides the limited amount of information, who may find it useful?
We have designed free historical database for understanding and know-how about the trends in the Forex market. If you just start your way through the Forex market and you need to get the very first impression on how it works – then probably the free data service will meet your needs.
How can you actually use it?
You can still can try out your strategies using the given amount of the data, but noone can guarantee that received results will be accurate enough and proper to rely on during the live trading.
On the other hand:
For the advanced level analysis and strategy producing, it is necessary to get the data of the high quality for more accurate forecasting and as a result – to succeed through the Forex trading.
What does the high-quality data mean?
In comparison with the free data service, the payment-based subscriptions offer a wide variety of the advantageous characteristics to make your trading style even more effective than ever.
5 key benefits behind the high quality Forex history:
(Forexite free data)
(minute and tick data)
|Number of symbols
|Historical News||USD news only||For 9 main currencies||For 9 main currencies|
|Types of news||Important news only||News of medium and high importance||News of low, medium and high importance|
|AI-based Strategy Optimizer (algorithms available)||Full grid algorithm at Forexite data||Full grid algorithm + AI-based Neural Network algorithm at Forexite data or 1-min Standard Data Feed||Full grid algorithm + all AI-based algorithms + all the data and symbols available|
|Precise results on timeframes:||D1-W1||H1-W1||M1-W1|
The beginner trader probably can be satisfied with the 18 major pairs of the symbols (s)he can get free. Nevertheless, why would you narrow the area of your trade strategies instead of broaden the horizons of the markets to imply your skills at? Give it a go and trade through exotic currency pairs and commodities, find your interest in stock or metals. Feel free to find your favorite among 860 symbols traded all over the world you can test with the help of our historical data service. This opportunity can open the doors for new products or currency pairs that you never been interested in before.
Work through the advantages of using 7 major currency pairs, 29 cross pairs and even 95 exotic currency pairs; trade on 22 types of various commodities and 20 metals; find you interest in 111 indexes and 568 stocks, 2 futures and 6 cryptocurrencies.
If you have already heard about scalping strategy or you are one of the scalpers yourself, then you definitely know the value of every single tick. While the 1-minute data provides you with the simplified information about the price changes, the tick data reveals all the minor price changes during the given period. Get the information how the price changed tick-by-tick!
Besides, with the Forex tick data you can get the real-time impression of the market trading. Prepare yourself to live through the emotions of the real-time trade!
To succeed in Forex market trading you need to calculate all the factors on the way to profitable trading. Now, as you know how daily updates are important or what are the advantages of the Forex tick data, you should be aware of the fact, that absence of the floating spread in your estimations is able to affect the whole idea of your strategy.
For this reason, within the VIP subscription we provide you with the tick data with the floating spread information to test your trading strategy through the conditions close to real-time ones.
Can you imagine if you receive your daily newspaper only once a month? Probably, you will feel a little bit “out-of-date”. Without any doubt, every professional trader wants to receive the data that is precise, accurate, but what is more important – the data must be received in a proper time.
Forex market conditions are changing very rapidly and it is inevitably for a trader to take timely actions according to the situation to avoid potential risks and losses.
It is hard to disagree:
The pre-paid subscriptions provide the broad range of the high-quality information to cover all essential needs of the advanced traders.
We do think that beginners will definitely benefit from using the high-quality historical data as well.
It is fair to mention:
You get the full amount of the high-quality historical data at very nominal rates.
You can probably deal with some uncertainty what kind of subscription to get. As you can learn from our site, you are free to choose between monthly and annual subscriptions both for minute and Forex tick data.
Check how easy it is toForex tick data of the VIP quality.
A simple calculating shows that the annual subscription is more beneficial, especially if you approach trading seriously and plan to stay at this market for years.
Backtesting your strategies on the high-quality historical data is the key thing that makes a significant difference between a lucky guess or gambling and a well-planned way to successful career. Consider the precise historical data purchase as a wise decision to spend the meager amount of money as the investment into the future attainments in the dynamic environment of the Forex trading.