eSignal FOREX Trading Platform Review
The author has a long and happy history with eSignal. I used one of the first versions in 1990 when it came with its own modem card. They've come a long way!
eSignal has been in this space for more than 20 years; they have had the time to get things right. The platform is feature-rich, well thought out, and well designed. Service, a weak link in the past, has become truly excellent in the past two years. Installation and setup is similar to NinjaTrader -- it is a bit tricky -- but the platform is a pleasure to use once installed.
eSignal has more than 100 third-party programmers and companies that build indicators for the platform or can create custom platforms to your own specifications. The company has a solid cadre of brokers who have integrated the platform at various levels, but for the FOREX trader, it is still a little more limited than both MetaTrader and NinjaTrader. Full support, including integrated order entry, just came to eSignal in 2010.
Similar to NinjaTrader, eSignal offers trading in not only currencies but futures and equities as well. Its data feed is probably the most comprehensive, robust, and stable in the business.
Educational resources such as documentation, online help, and webinars is first class.
The downside: a longer learning curve than MetaTrader and a somewhat rudimentary scripting tool.
The upside: service, stability, data feed. The ergonomics of eSignal are the best of any platform, in my humble opinion; it is a pleasure to use on a day-to-day basis.
eSignal report card: broker support: B; features: A; stability: A+; vendor support: A; ergonomics and ease of use: B+; third-party support: B. See Figure .
[caption id="attachment_12985" align="aligncenter" width="550"] eSignal www.esignal.com[/caption]