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After using it for 90 days, we’re ready to share our honest review of PrimeMarket Terminal. If you’re interested in trading like the banks or gaining insider information on forex, commodities, stocks, and cryptocurrencies, then PrimeMarket Terminal may be the perfect platform for you.
What is PrimeMarket Terminal?
PrimeMarket Terminal is an advanced trading platform that provides both retail and professional traders with access to institutional data and a range of trading advantages. The platform employs AI-based algorithms for data analysis and features a user-friendly and visually appealing design, creating a unique trading experience.
With PrimeMarket Terminal, traders of all levels can make better decisions by utilizing institutional data sources, intelligent data applications, and a variety of other useful tools. The platform offers a wealth of high-quality financial data, ensuring maximum flexibility and adaptability to individual trading preferences.
What can you do with PrimeMarket Terminal?
In addition, PrimeMarket Terminal provides access to over 650 assets for in-depth analysis across multiple markets, including Forex, Crypto, US Stocks, German Stocks, Indices, and Commodities. Traders can benefit from an impressive array of trading tools, such as Trend-Detection, Entry Tools, Supply & Demand Areas, and Price Strength, as well as a comprehensive selection of industry-standard indicators like ATR, EMA, MA, MA CROSS, RSI, and more. PrimeMarket Terminal truly encompasses the entire spectrum of trading possibilities.
PrimeMarket Philosophy
PrimeMarket Terminal has collaborated with professional money managers, banks, and institutional traders, giving them extensive knowledge about the data used to make trade decisions and proficiency in utilizing Bloomberg and Reuters.
The goal of creating PrimeMarket Terminal was to enable retail users to make data-based decisions like professional traders. Despite still being in development, PMT has already become the number one data platform in the retail sector, without any competitors. Before our arrival, there was no discussion of Retail Sentiment or COT Report. But now, thousands of users are generating profits by utilizing these tools.
PrimeMarket Terminal Platforms
- Windows Operating System
- MacOS App Terminal
- Internal Browser
PrimeMarket Terminal Features & Tools
DXM
The DXM, or Dealer Execution Metrics, is an advanced tool that is embedded within the Prime Market Terminal, designed to provide you with comprehensive data on Retail sentiment. This data is collected from various sources such as retail brokers and trading platforms and is carefully analyzed to provide you with valuable insights on the behavior of retail traders in the market.
By using the DXM data, you can make trades that are contrary to the majority of retail traders, who tend to make incorrect decisions in the long term. For instance, if the majority of the retail traders are short, you can look to go long, which gives you an edge over the market.
The primary purpose of the DXM tool is to enable you to go against the herd mentality of retail traders, which often results in losses in the market. By analyzing the data provided by DXM, you can make informed decisions and avoid the mistakes made by retail traders, leading to profitable trades. The DXM tool can be an invaluable asset for traders who are looking to gain an edge and maximize their profits in the market.
COT
Understanding the positions of major market players, such as hedge funds and asset managers, is crucial for traders to identify emerging trends and anticipate major market movements. The tool that traders use to gain this insight is called the Commitment of Traders (COT) report, which provides information on the net positions held by institutional players. By monitoring COT via Prime Market Terminal, traders can gain valuable insights into the market sentiment and adjust their strategies accordingly.
Integrating COT into any trading strategy can assist traders in making informed decisions in a dynamic trading environment. Traders who stay informed and ahead of the market movements have a greater chance of success. The COT report is a powerful tool that traders can leverage to stay ahead of the curve and execute trades with more confidence.
Seasonality
One of the most useful features of this tool is its ability to provide insights into the historical performance of forex pairs, stocks, or cryptocurrencies. By analyzing seasonality, the tool can identify periods when prices tend to follow predictable patterns throughout the year. This information can be used to gain a deeper understanding of market trends and make more informed investment decisions. Whether you are a seasoned investor or just starting out, the seasonality feature is an invaluable resource for staying ahead of the curve and maximizing your returns.
Pattern Prediction
As a trader, you can now take advantage of an advanced feature that harnesses the power of artificial intelligence to help you make more informed trading decisions. This feature uses a sophisticated algorithm to analyze market prices over the past five days, identifying patterns and making predictions based on historical data. By utilizing this feature, you can gain valuable insights into the market and make more strategic decisions. Additionally, this powerful tool provides you with a success rate for each pattern prediction, enabling you to evaluate the likelihood of success before making a trade. With this feature at your fingertips, you can stay on top of market trends and maximize your trading potential.
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Bank Targets
Are you interested in knowing the quarterly and yearly targets of top financial institutions like Morgan Stanley, JP Morgan, TD Bank, Danske Bank, Goldman Sachs, and Unicredit for forex pairs, commodities, stocks, and other instruments? If yes, then you’ll find this tool amazing as it provides you with an in-depth analysis of the targets set by each institution for various financial instruments. You can use this valuable information to analyze the price targets of each institution for December or any other period for any pair and even use them as your own. With this tool, you can stay ahead of the game and make more informed decisions about your investments.
Supply & Demand
As a trader, identifying key levels is essential for achieving good entry positions. However, this can be a challenging task, especially for those who are new to trading. Thankfully, by utilizing the market structure, traders can easily identify key support and resistance levels in the market. These areas can then be used as stop loss and take profit levels, minimizing the risk of losses and maximizing profits. The Prime Market Terminal offers a user-friendly feature that enables traders to identify areas of importance quickly and efficiently. This tool can be incredibly valuable for traders at any level of experience, helping them to make informed and strategic trading decisions.
Correlation
The Correlation tool is used to find forex pairs that are correlated and moving in the same direction in the market. This feature shows the percentage of correlation of each pair and also displays both positive and negative correlations. With this information, traders can avoid opening the same position in a negatively correlated pair and plan their trades effectively. Understanding correlations helps traders to know what they are doing in the markets and to benefit from it. It is also worth knowing how upcoming news affects the pairs that are positively and negatively correlated to find a profitable position in the market.
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Bank Reports
Trading like a bank has always been a popular dream among traders. But now, with Prime Market Terminal, it is possible to access research done by leading institutions and banks. These reports are produced by Forex Strategy Managers and market analysts who work for each institution. They provide detailed information on various aspects of the financial sector, the economy, and financial markets, including data, analysis, and interpretations of market developments and financial indicators. The research offers advice, recommendations, and perspectives on asset classes such as equities, bonds, commodities, and forex. Bank reports also contain in-depth analysis of macroeconomic trends, including data on inflation, unemployment, GDP, interest rates, exchange rates, and more. Some reports are dedicated to Forex, others to Indices, and others to rates.
Session Recap
One of my favorite features is the recap of news, data, and analysis provided for each trading session, covering Forex, Indices, and Commodities, as well as updates on the Federal Reserve, Bank of England, Bank of Japan, Reserve Bank of Australia, earnings per share, stocks, and more. This feature gives traders complete access to everything that took place during US, European, and Asian trading sessions. By having this information, traders can plan their trading strategies and adjust their risk accordingly, as they will have a better understanding of what to expect in the upcoming session.
Real-Time News
Staying informed of the latest developments in the financial market is crucial for traders. And to help them stay informed about any impactful news, there is a dedicated section that provides trading news from the top financial news outlets. This section delivers real-time news alerts, notifying traders about any significant events and developments as they happen. This ensures that traders can make informed decisions and take timely actions to maximize their profits.
World Book
This feature gives you access to a vast amount of detailed information about all 197 countries. You can explore a wide range of information about each country, including its geographical location, size, and landscape. The research team at PrimeMarket Terminal has also compiled detailed information on each country’s government structure, political system, and legal framework.
In addition, you can also find comprehensive information about each country’s economy, including its major industries, GDP, and trade partners. You can also learn about each country’s energy production and consumption, transportation infrastructure, military and security forces, and foreign relations.
Furthermore, this feature provides details about each country’s population, ethnicity, religion, languages spoken, and cultural practices. You can also learn about the country’s education system, healthcare system, and social services.
Overall, the information provided is well-researched, reliable, and documented for accuracy. With this feature, you can gain a comprehensive understanding of every country in the world.
Notepad
This feature is incredibly versatile, allowing you to take notes on a variety of important aspects of your trading experience. Whether you need to jot down analysis, insert images to help you remember important details, or create a detailed trading plan, this feature has got you covered.
One of the best things about this feature is that you can use it to keep a comprehensive trading journal. This can be an incredibly valuable tool for tracking your progress over time, identifying patterns in your trading behavior, and making adjustments to your approach as needed.
What’s more, each notepad is conveniently linked to the specific pair or instrument you’re trading. This means that you can easily find notes related to a particular asset and access them quickly and easily. This feature is a must-have for any trader who wants to stay organized, focused, and on top of their trading game.
Sounds
Imagine being able to listen to a piece of serene music that soothes your senses and helps you keep your calm. With this feature, you can select the perfect soundscape to match your mood and immerse yourself in a world of tranquil melodies while trading. Whether you’re seeking a peaceful ambiance to unwind after a long day trading or looking to set the tone for the trading day, the choice is yours.
PrimeMarket Price & Discount Code
Compared to other trading terminals out there, PrimeMarket Terminal offers additional features at a relatively low cost. Use promo code “XOXOTRADERFX” for 15% off your subscription for life.
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PrimeMarket Terminal Official Youtube Page
Other Features
- 24/7 Customer Support on Telegram & Website
- Multi-language Platform – Language settings available in English, Deutsch, Espanol, Russia, French & Italian
- Inbuilt alert systems
- Educational Materials available and well-documented
- Strategies classroom videos available for Swing Traders, Mid-Term Swing, Short-Term, Key-levels, Support & Resistance, Price Action, Orderflow, Trends Traders
- Ability to build your own strategies from several available futures and widgets
Conclusion
In conclusion, PrimeMarket Terminal emerges as a groundbreaking trading platform, offering an extensive array of tools and features that cater to both retail and professional traders. With its AI-based algorithms, institutional data access, and user-friendly design, it empowers traders to make data-driven decisions akin to professional traders. PrimeMarket Terminal is not just an alternative and cheaper to Bloomberg Terminal; it is an innovative and comprehensive solution that brings the world of institutional-grade trading to the retail sector.
From Dealer Execution Metrics (DXM) to COT reports, seasonality analysis, pattern prediction, bank targets, and more, it equips traders with unparalleled resources to enhance their trading strategies. The platform’s unique combination of features, coupled with its commitment to helping traders succeed, positions PrimeMarket Terminal as an essential tool in the arsenal of any trader aiming to trade like a bank.
With competitive pricing and the 10% discount code “XOXOTRADERFX,” now is the perfect time to take your trading to the next level. Don’t miss out on the opportunity to elevate your trading game with PrimeMarket Terminal.
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PrimeMarket Terminal Trustpilot
Here is what users are saying on Trustpilot
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