Best Forex Trading Platform

A trading platform is a sort of software that works as a medium for information between a broker and a trader. A trading platform usually provides information such as trading charts and market quotes, and includes an interface for making orders to be executed by the broker. Trading platforms are used to help forex traders with currency trading analysis and trade execution. Forex trading platforms provide charts and order-taking systems.

Forex trading platform is generally installed on the trader’s laptop or pc or smart devices and can be used with Windows, Linux and Mac operating systems – different brokers offer different choices in this respect. Then again, some brokers offer trading platform that is web based. This sort of platforms often runs using Java, a dynamic web language, known as web-based platform. The advantage of this kind of trading platforms is that it can be used by almost any computer and smart devices with internet access.

Forex trading platforms are frequently accessible free-of-charge, but a few brokers allow traders to buy platform that include a higher functionality for a certain fee.

Some features to consider when searching for best forex trading platform are:

• Is it free? If there is a small charge, what bonus features are offered?
• What technical indicators are accessible in the trading chart?
• Is the platform Windows, Linux, Mac or web (Java or HTML) based?
• Can you trade from the charts?
• What is the trading interface? What types of orders are available?
• Is historical data presented through the platform?
• Does the software allow for back-testing of strategies or systems?
• Is the graphical user interface (GUI) satisfying to look at?
• Is the GUI favorable to observe a lot of information at once?
• Does the platform have an API that allows other software or programming?

Nearly all forex brokers offer their customers to open a demo account before funding in a real account. Be sure to check out each broker’s platform during their trial periods to find out which forex trading platform is best for you. 

Are you an automated trader?

Forex brokers also offer niche solutions for traders with more particular needs. Compare all trading platforms by yourself:

MetaTrader 4 (MT4): is a general choice for traders who already use Expert Advisors (EAs). MetaTrader 4 is one of the most modern and powerful trading platforms. MT4 provides resources and tools that allow traders to analyze price, open and manage trades, and make use of automated trading techniques.

Mirror Trader: Use Mirror Trader’s Smart Filters and real-time Signals to discover the strategies that act best for you. You can calculate and build a portfolio of tested strategies, or simply follow particular signals that support your own trading analysis.

Ninja Trader: is an award-winning software that provides a complete suite of tools designed to benefit all kinds of traders who follow FX, futures or stocks. Ninja Trader offers traders an edge in exploring the market and making customized automated trading strategies.

ZuluTrade: is an auto trading platform that has serviced over 45,000 FX traders and facilitated over $405 billion in forex transactions. It is a perfect solution for both traders who do not have the time to make their own strategies, or for traders who basically want to get rid of the emotions while trading.