A Decision-support tool is any tool that provides an unbiased second opinion and reliable support throughout an investor’s or trader’s decision-making process. A decision-support tool enables effective risk management, thereby increasing the profit potential (higher exposure at lower relative risk, more consistent return). It enhances overall trading performance, enabling financial institutions to improve their customer service, and increases trading volume. It reduces the complexity in the trading room and allows better use of financial resources.
Who should be using a decision-support tool?
investors and traders who trade small to large volumes in the foreign exchange markets daily
professionals who do business internationally and who want to minimize foreign exchange risk due to currency price fluctuations
