Forex Becomes More Appealing Amid Development of Global Technologies

Friday, 21/05/2021 | 13:15 GMT by Finance Magnates Staff
  • Forex trading from mobile devices will become faster, more convenient and efficient.
Forex Becomes More Appealing Amid Development of Global Technologies
Instaforex

Every speculator is aware that the foreign exchange market unites millions of traders around the world. It means that they make an enormous number of transactions per minute.

As a result, a daily turnover on Forex measures trillions of dollars. Such a huge trading volume is unachievable without a modern technological and global infrastructure.

Importantly, speaking about advanced technologies, we do not imply the number of cores in your personal computer but the connection and servers of the broker you work with.

The year 2020 became the period of peak load on all global communication platforms from mobile operators to Internet providers. Never before has the average daily traffic volume been equal to the weekly volume of the previous year.

It happened in the late spring of last year. The overload on 4G cell towers was so strong that literally disabled them. Internet channels rejected millions of subscribers as they were unable to process the requested amount of traffic.

As the pandemic was raging across the globe, millions of people were staying at home, watching TV shows and movies on their gadgets. They also played online games and traded in financial markets.

If you lose your Internet connection on the phone or PC while watching Game of Thrones, you would be disappointed. However, you would be rather unhappy if it occurs when you are trading.

Imagine that you missed the right moment to close the deal at the peak of the price. So, after the connection was restored, you found out only a price reversal, which led to losses.

Telecommunications companies have learnt a lesson from the previous years’ challenge. Currently, they are actively increasing investments in their technological infrastructure.

For instance, they are rolling out duplicate networks, a new optical-fiber based on graphene technology. What is more, 4G is already becoming a relic of the past, giving its place to the new telecommunication standard - 5G.

What does it mean for the forex market? To start with, excellent prospects for development by increasing the speed of transaction, displaying an up-to-date picture of the global market on the screens of traders’ smartphones without delays and division into local clusters.

Therefore, traders who work in North America with the local broker that uses American servers and data centers at the European trading session will have no advantage over a trader from Berlin who works on the servers and data centers of a European broker at the same European session.

In addition, thanks to the active implementation of 5G into our smartphones, Forex trading from mobile devices will become faster, more convenient and efficient.

Notably, amid the development of modern technological infrastructure and better connection speed, experienced traders can bet on an influx of more new traders, which will lead to an increase in the market volume and a potential rise in the number of subscribers to services such as PAMM accounts and ForexCopy.

Of course, every trader is interested in a rapid development of the public infrastructure, including IP channels and the way 5G will replace 4G.

However, traders are also concerned about the condition of infrastructure and communication capacities of a chosen broker, which may lead them to the market with the average trading volume of $7 trillion a day.

It is really good if you have a powerful modern computer that is connected to a broadband fiber-optic Internet channel. However, even such an equipment cannot guarantee high speed of connection.

The chosen broker should not be behind at least. In the best-case scenario, it should have a significant advantage over the public nets. The goal could be reached by means of the necessary number of servers and data centers.

However, not every broker can afford such technologies. To support the quality of ping, stable connection, and to avoid stoppages in getting up-to-date information about the market situation, a broker should not only have a lot of servers and data centers, but also it should place them correctly all over the world.

If you prefer a connection of high quality and you want to be abreast of the latest news about the market, then choose a broker from the top-10 list. Moreover, this broker should be present in the market and develop its communication for more than 10 years.

For example, you can open an account with InstaForex, an international broker. InstaForex has been providing its clients with a stable connection and real market situation for 15 years already.

It has over 8 million clients worldwide. The company has been constantly investing in the development of its technological base. At the moment, the trading system of InstaForex includes nine high-powered trading servers.

All nine trading servers distribute the load by means of a system of the intermediate data centers, which include more than 25 additional servers located around the world.

Thus, the system of servers and data centers allows every client to benefit from the reliable and fast connection to the trade center. If one of the intermediate data centers is overloaded, a client’s Trading Platform automatically switches to a less busy one.

The InstaForex trading server in the USA has nine data centers. Clients from all over the world, in particular from North America and Russia, can use these servers.

The most powerful technical solutions and reliable communication channels offered by one of the best American providers make the InstaForex trading server in the USA popular among clients from North America as well as Russia and Europe.

Every speculator is aware that the foreign exchange market unites millions of traders around the world. It means that they make an enormous number of transactions per minute.

As a result, a daily turnover on Forex measures trillions of dollars. Such a huge trading volume is unachievable without a modern technological and global infrastructure.

Importantly, speaking about advanced technologies, we do not imply the number of cores in your personal computer but the connection and servers of the broker you work with.

The year 2020 became the period of peak load on all global communication platforms from mobile operators to Internet providers. Never before has the average daily traffic volume been equal to the weekly volume of the previous year.

It happened in the late spring of last year. The overload on 4G cell towers was so strong that literally disabled them. Internet channels rejected millions of subscribers as they were unable to process the requested amount of traffic.

As the pandemic was raging across the globe, millions of people were staying at home, watching TV shows and movies on their gadgets. They also played online games and traded in financial markets.

If you lose your Internet connection on the phone or PC while watching Game of Thrones, you would be disappointed. However, you would be rather unhappy if it occurs when you are trading.

Imagine that you missed the right moment to close the deal at the peak of the price. So, after the connection was restored, you found out only a price reversal, which led to losses.

Telecommunications companies have learnt a lesson from the previous years’ challenge. Currently, they are actively increasing investments in their technological infrastructure.

For instance, they are rolling out duplicate networks, a new optical-fiber based on graphene technology. What is more, 4G is already becoming a relic of the past, giving its place to the new telecommunication standard - 5G.

What does it mean for the forex market? To start with, excellent prospects for development by increasing the speed of transaction, displaying an up-to-date picture of the global market on the screens of traders’ smartphones without delays and division into local clusters.

Therefore, traders who work in North America with the local broker that uses American servers and data centers at the European trading session will have no advantage over a trader from Berlin who works on the servers and data centers of a European broker at the same European session.

In addition, thanks to the active implementation of 5G into our smartphones, Forex trading from mobile devices will become faster, more convenient and efficient.

Notably, amid the development of modern technological infrastructure and better connection speed, experienced traders can bet on an influx of more new traders, which will lead to an increase in the market volume and a potential rise in the number of subscribers to services such as PAMM accounts and ForexCopy.

Of course, every trader is interested in a rapid development of the public infrastructure, including IP channels and the way 5G will replace 4G.

However, traders are also concerned about the condition of infrastructure and communication capacities of a chosen broker, which may lead them to the market with the average trading volume of $7 trillion a day.

It is really good if you have a powerful modern computer that is connected to a broadband fiber-optic Internet channel. However, even such an equipment cannot guarantee high speed of connection.

The chosen broker should not be behind at least. In the best-case scenario, it should have a significant advantage over the public nets. The goal could be reached by means of the necessary number of servers and data centers.

However, not every broker can afford such technologies. To support the quality of ping, stable connection, and to avoid stoppages in getting up-to-date information about the market situation, a broker should not only have a lot of servers and data centers, but also it should place them correctly all over the world.

If you prefer a connection of high quality and you want to be abreast of the latest news about the market, then choose a broker from the top-10 list. Moreover, this broker should be present in the market and develop its communication for more than 10 years.

For example, you can open an account with InstaForex, an international broker. InstaForex has been providing its clients with a stable connection and real market situation for 15 years already.

It has over 8 million clients worldwide. The company has been constantly investing in the development of its technological base. At the moment, the trading system of InstaForex includes nine high-powered trading servers.

All nine trading servers distribute the load by means of a system of the intermediate data centers, which include more than 25 additional servers located around the world.

Thus, the system of servers and data centers allows every client to benefit from the reliable and fast connection to the trade center. If one of the intermediate data centers is overloaded, a client’s Trading Platform automatically switches to a less busy one.

The InstaForex trading server in the USA has nine data centers. Clients from all over the world, in particular from North America and Russia, can use these servers.

The most powerful technical solutions and reliable communication channels offered by one of the best American providers make the InstaForex trading server in the USA popular among clients from North America as well as Russia and Europe.

About the Author: Finance Magnates Staff
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