Forex market has, time and again proved itself as a superior means of earning good income. This trading market is the biggest financial market in terms of liquidity. On an average, each day, forex market gathers about three trillion dollars trade, which is much bigger than other financial market. Due to this wide popularity of this market among investors, more and more service providers and software developers have entered the market and have made several developments. One such development in forex market is the availability of software that has transformed the way trading was done earlier.