Stock Trading Software Reviews

The worst and best in stock trading software

Jul
19

Nextrend Review

Posted by DeMerchant

Nextrend is a one of its kind financial software platform. It has good features and can be easily adapted to suit one’s preferences. The stock prices are updated daily with real time news and the information available can be easily comprehended. It helps the trader hone his skills and earn profit within no time. It’s been around for 18 years and is one of the potential leaders of its league. Nextrend has huge advantage over others as it is always available as in help and support and the features incorporated in it are completely customizable. They can be changed to meet the needs of the trader.

Nextrend is fully loaded with all the tools to help the trader analyze and trade the markets from anywhere. It is beneficial to the new investors as their features are simple yet very powerful. They simply guide the user in making profit. Some of the essential features included in it are streaming real-time financial market data, analysis, scanning, electronic direct access trading (EDAT) and brokerage services to traders, investors, hedge funds and institutions utilizing proprietary technology. The types of trade offered by it stocks, mutual funds, options, indices. It offers quotes such as delayed data, real-time and NASDAQ level II to the customers. The exchanges covered by nextrend are American stock exchange, NASDAQ, New York stock exchange and OTC. The services which is in store for customers are like Technical analysis, Basic bar graphs and charts ,Advanced charts and graphs including technical indicators and ability to modify parameters and many more. It’s the total package that a trader has been always been looking for with quotes, charts, studies, Dow Jones, alarms, most actives and much more.

NexTrend is very important tool for traders, brokers and investors who like to work with advanced charts, research tools and want to have all the important features in one place. The datafeed is pretty reliable with very few bugs. Datafeed is busy at times and is behind by a quarter of a second or so as compared to other feeds. There is a limit of 16 windows per page, though there can be multiple pages. The new NexTrend’s Electronic Direct Access Trading (EDAT) system provides the brokers and their customers, ability to customize and control their back office and front-end trading platforms. It includes features like multiple streaming NASDAQ Level II windows, streaming charts, tickers, point and click and/or hot keys for trading and fast direct order entry, live order status, account positions, buying power, cancelled orders, time and sales, heat maps and many more. The version 6.o of Nextrend is very efficient and provides users with the benefit of a stand-alone trading version, a stand-alone analysis version or a fully integrated trading and analysis platform.

NexTrend is built to professional standards and yet extremely user friendly with features to accommodate a broad range of users. All these features make it very popular. Pricing also works in its favour. At 1994 for year subscription it is the best bargain in the market.

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  1. Keith Said,

    Yes, for only $199 a year you can’t go wrong with Nextrend. And if you’re not even willing to spend that much for a whole year of valuable tools then you have no business being in the market. You have to spend money to make money, just as though you own your own business. Whenever I hear people complain about the cost of stock market software and charting packages I just laugh to myself because I know that they will never be successful. They’ll be spending all their time punching a calculator and charting with a pen and paper. Meanwhile I’ll be running circles around them because my software is alerting me to profitable trades left and right.

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