If you’re an experienced trader looking to grow your portfolio, or just starting out, forex trading offers a diverse range of opportunities. However, to ensure that you’re trading on the best forex broker platforms, it’s important to consider your preferences and trading strategy. For example, certain brokers offer extra services such as personalized reports, market insights and trading signals, educational resources and support. This can be valuable for novice traders but may not suit those looking to streamline their platform.
Some of the top 10 forex trading platforms include the long-established MT4 and MT5 which provide easy order execution with automatic trading through EAs (expert advisors). The cTrader platform from Spotware Systems is also available at many leading forex brokers and provides advanced charting and more powerful technical analysis capabilities than its predecessor, MT4.
Top 10 Forex Trading Platforms: A Comprehensive Comparison
Another highly respected platform is the IG Trader platform which offers an intuitive interface that caters to beginner traders as well as those who envisage progressing into a more sophisticated platform. This broker offers a wide selection of trading instruments, including cryptocurrencies, and enables clients to choose from several different fees. In addition to its bespoke platform, IG also offers access to the widely popular MetaTrader 4 (MT4) platform, which can be used for automated trading with EAs and Autochartist, as well as with its ProRealTime platform.
ActivTrades has a robust offering of trading platforms, including the popular MT4, which is pre-loaded with an extensive range of technical trading indicators and timeframes. The company also offers a web-based desktop platform and mobile apps for Android and iOS devices. In addition, the company offers tight spreads and low-margin requirements for both high and low-volatility markets.