Forex Robots: These are highly complex pieces of Forex Software that can perform the entire range of Forex trading actions on behalf of the user. They are highly complex pieces of software which are usually designed by professional traders and trade constantly, according to default settings, or your own rules as you prefer. Opinions on the effectiveness of automated forex trading systems is varied, but in back tests, some systems have been found to trade BETTER than a human trader so their value shouldn't be dismissed. Forex Demo Accounts: Possibly the biggest development in online forex trading has been the creation of the forex demo account. With Demo Accounts you can experience live it in a risk-free environment. You can also trial different its platforms by using the free demo accounts they provide before signing up to a live account to make sure you're comfortable with the format, layout and controls. They give you a free "test drive" of any system you're considering using and are the ultimate try before you buy. Forex Trendy Online Forex Trading Platforms: This is where the online forex magic really happens. Live trades conducted instantly around the world thanks to the trading software you're using. This is your direct interface with the market and how you transact your business. Without a piece of trading software, there's no online forex trading! There are many options when it comes to Forex platforms, and each platform offers its own unique benefits, so shop around and check out the support features, tutorials and whether there's an online community or not that is supported by the platform. Also check out any sign up bonuses available as this can give your trading life a real jump start.