Trading tools include dozens of different add-ons that improve your trading, either by providing financial data, improving charting capabilities or providing new signals. These tools can be added seamlessly to MT5, and include economic calendars, correlation matrices and trading signals. Forex trading tools mostly do not differ from their stock trading equivalents, although certain indicators are preferred by one over the other. Equally, with tools such as trading calendars and news analysis, different events will be considered significant. Certain stock trading tools, such as those focused on corporate actions, do not have forex equivalents. At Alchemy Markets, we provide all our traders with free, expert day-trading analysis tools from leading fintech organisations such as Trading Central and FXBlue, that can be integrated.

Free day trading tools available to integrate with MetaTrader include additional trading indicators, Session Maps, Mini Terminal, and an Alarm Manager that notifies traders when relevant financial or economic data is released. These features can be used for free from FXBlue with any Alchemy Markets trading account, and traders can identify trends in the markets, prepare for financial news announcements, and make informed investment decisions when day trading. We provide the best trading tools software, including third party platforms, for free to clients.

There are a vast range of technical analysis tools available for Forex trading. Alchemy Markets offers fully integrated indicators from Trading Central and FXBlue. These include FXBlue’s Correlation Matrix which shows whether two currency pairs are moving in the same, opposite, or random directions, and Session Map which displays key market changes for traders to find chart patterns in historical and current sessions as well as session opening and closing price changes measured in pips. Traders can also use the Tick Chart Trader to set up custom timeframes not available by default, for a more detailed look at price movements.  

Swing traders try to capture short to medium term price moves within a trend using technical analysis. Unlike day traders, swing traders typically hold their positions for one to three days. Online trading tools for swing traders include various additional chart types. For example, tick charts give a good overview of market volatility as well as allowing traders to identify reversal patterns. Combined with other FX trading tools such as RSI this can give a good indication of when to enter a swing trade. Additionally, the best tools for forex trading such as economic calendars are essential to avoid entering positions when news-driven moves are likely. Alchemy Markets traders can access these tools from Trading Central and FXBlue for free.

Useful beginners' stock trading tools include well-known names like the RSI, alongside pre-set technical signals. These signals alert traders when certain conditions are met that are favourable to long or short trades. Beyond this, the best tools depend somewhat on your trading style. A signal system which is the best tool for intraday trading may not be for longer term strategies, and so on. The use of an economic calendar is an essential swing trading tool, as sudden price moves can wipe out intraday or swing trading positions, but they are less important for arbitrage or high-frequency strategies. When you are still learning how to use trading tools, it is usually helpful not to overcomplicate your strategies, and the best trading tools for beginners normally offer simple, easy to interpret signals. With time, you will learn how to use the most advanced techniques and indicators, available for free from Trading Central and FXBlue when you trade with Alchemy Markets.

Yes. The online trading tools and services from Trading Central and FXBlue can be used for free when you have an Alchemy Markets trading account, and so is the use of our Copy Trading Solution and VPS. Some of the best tools and services include advanced technical indicators, custom alarms, and customisable chart signals and timeframes, all of which can be integrated and used to trade our entire product range of 1000+ products across 10+ asset classes.

Traders can share their trading signals with our Signal Providing Solution. With your dedicated performance website, you get to build a track record and showcase them to your potential clients. Your investors can copy your signals and pay you either a monthly fee or a portion of their profits. To set up, simply contact your account manager and we will assist you through the entire process.