London, United Kingdom, August 20, 2011 --(PR.com
)-- FxStat, the first social statistic provider offering alternative automatic real-time trading options, launched a new feature to help traders analyze other investors’ performances and find their signal providers. The members can use the new Performance Comparison page to compare up to six different trading strategies and results.
The new page displays the same page features of different accounts like balance, equity and deposit in the Account Summary section, or growth, pips, average trade duration, average cash or profit factor in the Money Management section. Interactive graphics compare profit & loss, daily average return, growth percentages and number of trades or winning and losing trades. The risk management section added to this list of tools helps create a throughout comparison providing information regarding drawdown, correlation with S&P500 and FTSE100 or expected payoff.
Users can also create and save unlimited numbers of groups with different compared performances. The group comparison link can be shared with anyone they want to on the Internet.
The new page helps FxStat users not only see what type of strategies lead to a better performance and take advantage of other traders’ tricks and knowledge to increase their profit, but also to have a clearer view over signal providers and choose the one that matches their own criteria.
Signal providers are carefully chosen traders with real and verified accounts, whose trades are automatically executed in their followers’ accounts. Signal followers, who have the freedom to choose any provider at any point and stop following them whenever they decide to, use a broad range of tools that help them keep control over their account and minimize risk.