So make sure that your broker’s customer service is available when you need them, i.e. when you’re awake, even if that’s their normal middle of the night snooze time. If you’ve read through this guide up to this point, you should now know what it takes to find a forex trading platform for your needs. All that is left to do now is place your first forex trading order. You can easily add funds with your everyday debit/credit card – which is processed fee-free. Although several e-wallets are supported, this does come with a 2% transaction charge. XTB uses its own trading platform that was built from the ground up – xStation.

IG has also introduced a new feature, the IG Smart Portfolio, which is an EA advisory service for traders to select among automatically managed low-cost portfolios. The Protrader platform is another powerful and advanced trading platform in the forex industry, as well as another rival for the MT4. This platform was introduced in 2003, making it one of the oldest platforms for retail traders with a handful others, by PFSOFT, a Ukrainian company of trading and IT experts. The Protrader platform is already quite user friendly, forex news but it also allows traders to rearrange the platform as they wish, which means that it is fully customizable. Speaking of customizing platforms, Protrader allows you to execute several trades at once, which is good for news trading, as well as placing limit orders direct from the chart. This platform is also quite hospitable to thousands of third party EAs and trading programmes, as well as offering depth of market tools too. In a commission-free trading account, spreads represent the principal trading costs.

Advanced Charts By Tradingview

A forex broker is a company that offers currency instruments to clients, which can be traded using a forex trading platform. Here we explain everything you need to know, with full forex broker reviews including their trading platforms. In our list of the best forex brokers, we have considered a wide range Forex of factors, from fees and spreads to trading platforms, charting and analysis options. AvaTrade is a forex broker regulated in Ireland among other countries, founded in 2006. Apart the MT4 and MT5 platforms, it also offers its own web trading platform, as well as the mobile AvaTradeGo platform.

forex trading platforms

For example, eToro offers everything from forex trading guides and videos to weekly webinars. There are many forex pairs that you can trade from the comfort of your home. Most forex trading sites in the space will cover most major and minor pairs. These are the most in-demand pairs as they carry the largest trading volume and liquidity.

New To Trading?

– XTB allows you to trade CFDs on many of the leading cryptocurrencies including Bitcoin, Dash, Litecoin, Ethereum, Ripple, and Stellar. Identify potential trading opportunities using our powerful analysis tools and partner APIs. Our deposit options vary based on the OANDA division with which you hold your account. Please check the relevant deposit funds section for more details on how to fund your account. Get rebates up to US$15 per million or US$15 per million commission reduction with our tiered accounts. As an Advanced Trader loyalty program member, you also qualify for our OANDA MT4 Pro Orderbook, partner platform subscription and expedited free wire transfers.

  • Admiral Markets is the only known broker offering it to traders and is the apparent developer of it .
  • The robot will follow the trading rules until the balance runs out, and that can all happen very quickly if things start going wrong.
  • On the contrary, this hugely popular forex trading platform gives you access to over 80 currency pairs.
  • Variable spreads change, depending on the traded asset, volatility and available liquidity.
  • Pepperstone offers spreads from 0.0 pips on the Razor account and have almost 61+ pairs available to trade.

Additional platforms include DupliTrade, AvaTradeGo, AvaOptions and AvaSocial, all of which are discussed further down this review. Someone must first know themselves what type Forex of trader they are, before choosing a broker or a platform. Traders new in the business might want to go with brokers that provide high quality education such as FXCM.