Get a CFD Traders Edge With WebIRESS Plus

WebIRESS is one of the most frequently used CFD and Share platforms in Australia, being adopted by some of the country's leading on-line brokers and leading CFD brokers. In recent times webIRESS has undergone a make-over, with the newest version webIRESS Plus recently being launched.

WebIRESS Plus provides day traders and scalpers a number of significant advantages over it's predecessor, with the most noticeable being the speed of order execution, extra advanced order types and visual improvements. The numerous enhancements of webIRESS Plus make it the perfect CFD trading platform for day traders and scalpers seeking to benefit from fast CFD price movements in the opening and closing phases of the market and during market volatility.

WebIRESS Plus is rapidly becoming the most popular CFD platform available in the market because of the substantial edge traders able to obtain as a result of the platforms dramatic speed improvement. In addition to the speed enhancements in webIRESS Plus, there are now also several new order types including if-done orders, meaning CFD traders now have more control over their orders with the ability to set and forget them.

In spite of the numerous advantages webIRESS Plus offers day traders and scalpers it is important to note the speed advantages of
webIRESS Plus are reliant on the internet connection being utilized. As an active trader it’s always recommended to ensure that you have the best and most dependable internet connection possible, this will likely mean having an ADSL2 or cable broadband connection. The majority of active traders will always have two internet connections to ensure redundancy should one connection break down.

Frequent day traders often use the Webiress Plus platform alongside an advanced charting software package or market scanning tool. One of the more common and easily available charting packages is MetaStock another lesser known software package is Spark. Spark is preferred by more frequent day traders who keep an eye on many CFDs at the same time and require comprehensive real-time information regarding price and volume changes which when combined with chart pattern formations allow them to identify buying and selling opportunities like price and volume breakouts.

Naturally a good trading platform, charting software package and internet connection alone will not make anybody a successful trader. These are merely tools that provide you with the edge over other traders in the market. The most vital components of trading are information flow and discipline which when combined with a proper strategy and tools will help you on your path to becoming a successful trader.

Currently webIRESS Plus is only available from one of the most well regarded CFD providers IC Markets. It’s advisable to download a webIRESS Plus demo to make sure the trading platform suits your requirements. A webiress demo is available from IC Markets internet site without charge.