Futures Trading Software

How to Choose the Right Futures Trading Software

There are some important points to consider when choosing your futures trading software.

One of the first places you need to look before purchasing a futures trading software program is your own computer. Make sure you know how big your hard drive is and how much available space you have. Additionally, you need to make sure your computer has enough memory to run the software program. It's no fun to run a program on a slow and freezing computer. Make the decision at this time as to whether or not you need to upgrade your PC or simply add some more computer memory to run your futures trading software.

Most futures trading software programs were designed with computer monitors of a minimum of 15-inches. A 17-inch monitor is usually considered ideal for most futures trading software programs.

Many futures trading software programs come with futures analysis and charting programs within and can be quite useful in helping you make your decisions on any particular commodity. Additionally, many programs offer real time streaming connections for up the second information about the markets as they happen. Other futures trading software will require that you manually refresh your screen periodically to get the latest information. Verify the charges on these information streams. Certain software makers charge fees that vary, from charging by the day for extremely detailed real time information to charging a flat monthly rate for basic reported information.

Also, find out how much product support you will receive. Some futures trading software programs will offer 30, 60, and 90 day free technical support, while other programs will charge you on a per call basis from the date of purchase.

Another point to consider is whether or not your futures trading software company has a web based portal for you to log in and check your account from a remote location, in case you aren't on a laptop or other portable internet connection.

Choosing your futures trading software can be as important as choosing which futures to trade.