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Announcing TraderMetrics Internet Virtual-Forex Trading
Copenhagen, Denmark, December 3, 1999/Xpress Press/ - Trader Trainer ApS, a leading company in the area of forex trader training has released the software for TraderMetrics Internet Lite today for free download from the http://www.virtual-forex.com website. This will allow anyone who has an interest in trading, especially forex trading, to try their skill in trading in a fully-authentic environment.
This system, which was originally designed for interbank-based professional traders, is now available on the Internet currently in two versions: The Lite version has a basic interface to allow anyone to simply experience the feel of trading and handling the risk of holding positions in currencies without risking money. The professional version has an extremely advanced interface which is available for banks and other financial institutions (for an initial free trial period) to offer trading staff at all levels to extend and improve their skills and profitability. The two groups compliment each other as they are both operating in the same virtual market.
The virtual market is based on actual market rates during European business hours, where it is planned, that the more advanced users will provide a 'market' for the Lite-version participants. There is also the possibility of creating 'virtual' markets, based on flows from virtual 'corporate customers' in the system, generating market moves according to the skills of the dealers to react to these flows.
Competitions will be introduced in the near future with generous cash prizes to the 'traders' with the best daily results.
TraderMetrics Internet also provides much statistical data on trader performance which may be analyzed and used to extend and improve trader performance, whether the user is a day-trader or a top interbank professional.
TraderMetrics Internet runs on Windows-based PC's with Internet connections and the Lite edition is available by free download and registration from the website: www.virtual-forex.com.
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