Avoid Free Download Programs For Forex Investors
The Internet has made many hard to get resources freely available to all of those with a computer and a paid Internet service bill, but a free download program for forex investors has not yet materialized. You can get free SIMULATION download programs for forex investors, but no actual money trades hands. There are also free currency exchange download programs available that might be useful for forex traders, too.
In Order To Play, You Gotta Pay
You do need some sort of download program for forex investors in order to do the actual buying and selling of foreign currencies. You have to pay for this. These download programs for forex investors often pay for themselves in a very short time. Sometimes, you may have to subscribe to these programs, since they are constantly updated like the old ticker-tape machines for the traditional stock market.
Forex trading is driven by the Internet. This makes trading hours 24 in a day, 5 days a week. You also can avoid commissions to stockbrokers and do all the forex trading jazz yourself. However, you still have to keep common sense about you and to pay for the privilege of being connected to the world's largest forex trading market.
No File Sharing!
If you use a P2P (peer to peer) network, even if it is for topics that have nothing to do with money, you will be inundated with offers for free download programs for forex investors. It may be an offer of a free program or a pirated program. This is called file-sharing and, in this case, can cost you far more than a program.
Identity thieves thrive on P2P networks because there aren't any of the security screens to go through on a traditional website server. Everyone has equal access for adding or sharing information on a P2P network, which is why it is often used for chat rooms, Usenet and support group meetings.
Pirated software is not only illegal, it often can come loaded with malware (short for malicious software). This malware can get into your hard drive and do all sorts of fun things. It could send information about every keystroke you hit back to its creator. It could also delete text and programs at random. It also could find your personal information such as your passwords and send that to the online criminal.
So don't fall for a free program to help you in forex trading, or for anything else. Its just not worth the potential cost.
