There are very few chances that Mark Zuckerberg actually thought that he would change the world seven years ago when he created his Facebook project. But he did it. Social networking changed people's schedules, life habits, consumers' preferences and it proved it can even demolish dictatorships.
It is now changing the way we do business and make money also. It is essential to understand that especially in a domain where time can make a huge difference, like foreign exchange, we have to keep ourselves updated in real time with what our partner and competitors are doing, keeping an eye on financial news at the same time. This is what forex social network providers are always trying to improve, a fast and clean access to important information continuously updating.
The Facebook live streaming feature is welcome and indeed useful for forex traders, but social networks developers thought there is something that can be improved in the way messages are spread between forex community members. Many times on Facebook a trader's message can get lost between hundreds and hundreds of other messages.
Because Facebook's live streaming results are not as helpful when it comes to a niche domain as foreign exchange markets, some forex social networks realized they had to develop their own stream. A social networking service targeting its own niche: a live activity stream. The feature was incorporated in the system and is part of the platforms' interfaces, easily accessible as it found right on the front page.
The access to a real-time stream of information about the activity of your connections, news and comments is invaluable and many times it can make the difference between a successful trade and a non-profitable one. And placing this feed right on the top page makes it accessible and practical.
The Dashboard is practically the first place where you access your account and forex market information. It must provide a clear summary of all important events taking place right at that moment, a market overview, as well as to reveal other connections' activity. Everything with a polished layout, perfectly clean and non-intrusive so that users can easily find what they are looking for.
Taking all these elements into consideration, we clearly see that forex social networking is not just laying out a front page with a short description of the product. Clients want to have a user-friendly platform, a clean interface, accessible and with real-time updates. This is what makes forex traders satisfied and increases their profits.
FxStat is an innovating service for both experienced and novice forex traders, providing a wide range of new tools and information specifically meant to improve trading strategies and results. A completely secure and transparent platform, FxStat allows investors to analyze traders' strategies as well as their own performances, socialize and make new connections and get first-hand information about the forex market. With its latest launched automatic trade service, Tradebook, members have access to the first real-time auto-trading facility.
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