The best forex trading platforms have a range of tools to help you make informed trades. These include advanced charting, multiple order types and technical indicators. They should also allow you to create customised market scanners and trading strategies using their coding language. A good platform should also have educational resources and a range of customer support channels. Look for a broker that offers phone and email support, as well as a chat feature built into the platform.
What is the best platform to trade in forex?
eToro is a popular choice for beginners and casual traders due to its low account minimums and competitive fees. Its MT4 and MT5 platforms offer a variety of features that can help you trade with confidence. Its simulated markets are updated automatically, so they mirror real-world conditions. eToro is heavily regulated and is licensed by top-tier regulators in the US and EU.
XTB offers its XStation 5 platform as desktop software for Windows and macOS, as well as through its XTB app and a web browser. It provides a range of advanced trading tools, including over 30 technical indicators and 31 graphical objects. The platform also offers a variety of charts, such as candlesticks, bar, line and Heikin-Ashi. Traders can customize their workspace with a wide variety of custom layouts and themes. The platform supports a large number of orders and allows you to create a hedging position with no requotes. It is also possible to use 21 timeframes, a number that is higher than many other platforms.Read More