Forex Trading Platforms
One of the most important decisions a forex trader needs to make is which broker to use. The forex broker must be regulated and reliable and have all of the features you need. Each trader has different requirements and will need different features.
Whatever trading features, services, or instruments you need from a forex broker, one of these brokers will have what you’re looking for:
These brokers have proven themselves to be reliable and competitive in many areas, including fast trade execution, good security, faithful customer support, and reasonable commissions and fees.
Does your trading platform give you a competitive edge?
The best way to test a forex broker is to open an account with that broker and start trading! Getting your hands ‘dirty’ with some exciting forex trading doesn’t need to cost you a cent. All of these immaculate forex brokers offer free demo accounts where you can place risk-free trades and get a good feel for their service, platforms, spreads, and other features. Let’s go into some more detail:
1. OpenBook/WebTrader Combination, by eToro:
An effective and easy-to-use social trading platform on which numerous financial instruments can be copy traded and traded manually. With forex, stocks, indices, ETFs, commodities, and cryptocurrencies, eToro has all you need under ‘one roof’ and on one platform!
That’s not all, however. eToro also offers an innovative and unique financial product called CopyFunds. Investors can now invest in a single instrument that combines a specific market sector, group of top-performing popular investors, etc.
eToro’s volatile CryptoFund is a sizzling investment option!
2. AvaTradeAct, by AvaTrade:
A phenomenal desktop trading platform with advanced technical analysis features and trading tools like the amazing Autochartist. This platform integrates with web and mobile platforms from which a single trading account can be accessed with ease.
With more than 250 tradable instruments, including forex, commodities, cryptocurrencies, stocks, bonds, and ETFs, AvaTrade is a serious trading services provider!
3. ETX TraderPro, by ETX Capital:
Tight spreads and a variety of instruments are combined with this excellent platform! TraderPro is available on Apple and Android devices for traders on the move. With ETX TraderPro you can trade soft and hard commodities, equity indices, forex, and stocks from all over the world. Get started with ETX Capital today!
4. MT5 by XM:
The ideal multi-asset platform with over 300 stock CFDs, forex pairs, gold, oil, equity indices, and cryptocurrencies. If you’re looking for a platform and broker that operates with no order rejections, no re-quotes, and flexible leverage of up to 1:888, XM is a great option for you. Get started with XM today to enjoy these benefits and much more!
5. Plus500 WebTrader, by Plus500:
The Plus500 WebTrader platform is accessible through live and demo accounts that don’t expire. No downloading is necessary which means the platform can be accessed anywhere, from any PC. Plus500 WebTrader supports numerous financial instruments which include forex, stocks, equity indices, cryptocurrencies, ETFs, and commodities. Try out the user-friendly Plus500 WebTrader platform now!
Read the full review and learn more about each of these top trading platforms:
- eToro Trading Platform review
- AvaTrade Trading Platform review
- PLUS500 Trading Platform review
- ETX Capital Trading Platform Review
- XM Trading Platform Review
What to do After Opening a Trading Account
So, your trading account is open and you’re ready to start trading. For first-time traders, a demo account is a safe way to get accustomed to the trading environment. Then, the following features can help traders to profit from the markets:
1. FX Leaders’ Free Forex Trading Signals
FX Leaders’ team of experienced analysts have a solid track record of profitable trading signals. Using FX Leaders’ trading signals is really simple and unlocks opportunities across various asset classes, including forex, commodities, equity indices, and cryptocurrencies. Why do all the analysis and hard work yourself? Get started with FX Leaders’ trading signals today!
2. Social/Copy trading
Social trading platforms enable traders and investors to interact with each other and to copy the trades of other traders automatically. Social trading is an excellent way for new traders to make consistent profits and to learn from professional traders. For a flying start to social trading, open an account with eToro now!
3. FX Leaders’ Forex Trading Course
“An investment in knowledge pays the best interest.” When it comes to trading forex and other assets, proper education and knowledge of the markets are of paramount importance. For all the information you need to become a profitable forex trader, start the FX Leaders Forex Trading Course today!