New Live online currency Converter instantly converts base world currencies and updates exchange rates with one single button click. It lets you to perform currency and foreign exchange rate conversions, using live, up-to-the-minute currency rates.
Pros: It converts world currencies using live exchange rate updates. You could monitor the exchange rates and try and gain insights into the fluctuations in the chosen currency pair so that you are able to deal in the currency market. The market has a daily turnover of more than $ 3 trillion. It is the biggest and most liquid of financial markets. To deal in this market one needs to understand the terminology and the procedures used by private traders who tended to create a very narrow access through the use of special terminology and procedures that take a long time to grasp.
This trading platform helps simplify the trading operations and presents a game like interface for users to develop an intuitive grasp of the nature of the market. These Forex games enable users assimilate the trading principles via these simulations and lets him acquire the skills required for actual trading. You could trade with virtual trades based on real-time rates and compete with fellow traders on championships set up by the publishers. You could do a real or a virtual trade in forex. Trades get done with a single click of the button. Developing skills can thus be quite risk free without any large exposure. The trades are visually displayed as the trade progresses to the international markets. Chatting facility with other traders can help you discuss and polish up the skills as can the insight feature that shows you the currency pair top hundred traders are dealing in.
Cons: Some kind of trend curves would have been useful analysis tool.
Overall this is a 4 star application without a doubt.