There are many different types of trading platforms available for forex traders. Some platforms are more user-friendly than others, and some offer more features than others.
Some of the best forex trading robots have always been found to be useful for traders who are just starting.
It is important to choose a platform that is right for you and your trading style. In this article, we will take a look at some of the top forex trading platforms and what they have to offer.
XTB:
XTB is a global broker with a focus on the foreign exchange (forex) and CFDs. The company was founded in 2002 and has since grown to become one of the largest forex brokers in the world.
XTB offers a variety of different platforms for its clients to trade on, including its own proprietary platform, xStation, as well as the popular MetaTrader 4 (MT4) platform.
XTB is regulated by a number of different authorities, including the Financial Conduct Authority (FCA) in the UK and the National Bank of Poland.
IG:
IG is a UK-based broker that offers forex, CFDs, and spread betting. The company was founded in 1974 and has since grown to become one of the largest brokers in the world.
IG offers its clients a choice of two different trading platforms: MetaTrader 4 (MT4) and its own proprietary platform, ProRealTime.
IG is regulated by the Financial Conduct Authority (FCA) in the UK and the Securities and Exchange Commission (SEC) in the US.
EToro:
eToro was founded in 2007 with the goal of making online trading more accessible to everyone. The company is based in Cyprus and has offices in Israel, the United Kingdom, and the United States.
The eToro platform is available in more than 140 countries and offers a variety of assets, including stocks, ETFs, indices, commodities, and cryptocurrencies.
One of the unique features of eToro is its social trading function. This allows users to follow and copy the trades of other successful traders on the platform.
Plus500:
Plus500 is a CFD broker that was founded in 2008. The company is based in Israel and has offices in the United Kingdom, Australia, Cyprus, and Singapore.
Plus500 offers its clients a choice of two different trading platforms: MetaTrader 4 (MT4) and its own proprietary platform, WebTrader.
Plus500 is regulated by a number of different authorities, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC).
Forex.com
Forex.com is a popular forex and CFD broker that offers trading on a wide range of markets, including foreign exchange, stocks, commodities, indices, and more. The company is headquartered in the United Kingdom and is regulated by the Financial Conduct Authority (FCA).
Forex.com offers three account types: a standard account, a demo account, and a managed account. The minimum deposit for a standard account is $500, and the minimum deposit for a managed account is $10,000.
Interactive Brokers:
Interactive Brokers is a US-based brokerage firm that offers trading on a variety of asset classes, including stocks, options, futures, forex, and more. The company was founded in 1978 and is one of the largest brokerage firms in the world.
Interactive Brokers offers two different trading platforms for its clients to trade on MetaTrader 4 (MT4) and its own proprietary platform, Trader Workstation (TWS).
This broker also provides its clients with access to a wide range of market data and research resources.
Interactive Brokers has won numerous awards over the years, including “Best Overall Online Broker” and “Best for Options Traders” from Barron’s.
CMC market:
CMC Markets is a UK-based broker that offers online trading on a wide range of financial markets, including forex, CFDs, and more. The company was founded in 1989 and is one of the largest brokers in the world.
The broker offers two account types: the Standard account and the Pro account.
The Standard account requires a minimum deposit of $2,500 and gives you access to over 10,000 markets. The Pro account requires a minimum deposit of $25,000 and gives you access to over 200,000 markets.
CMC Markets offers a variety of trading platforms, including the popular MetaTrader 4 (MT4) platform. The broker also offers its own proprietary web-based platform, Next Generation.
CMC Markets is a good choice for traders who are looking for a reliable and well-established broker with a wide range of tradable products and competitive spreads.
