When getting into Forex trading (foreign exchange trading), it is important to find the best trading platform.
One trading platform with excellent reviews is eToro. This platform was founded in 2007 with headquarters in the British Virgin Islands. With a minimum deposit of $ 50, this platform allows the trader to start small. Etoro offers a user friendly traditional trading experience. They do however offer something extra. These days, we live in a social networking world and eToro has realized that. The company’s OpenBook platform allows users to follow the trades of other users and share their own trading experiences as well. With eToro’s chat feature, they can chat with other traders in real time. If you do not want to chat or allow others to see that you are online, you can simply sign in as “invisible.” This platform offers WebTrader. This allows you to make trades from anywhere without having to install any software. The design is is clean, uncluttered, and easy to understand. With an excellent user interface, eToro is an excellent platform for new traders.
Another excellent trading platform is Plus500. This is a good platform for new traders because they have a free unlimited demo trading platform. This will allow you to try your hand at trading and see what works and what doesn’t before you have to put any of your own money in. This platform has advanced technical analysis tools. This will allow you to do research on the trades you are interested in. This platform has no commissions and fixed spreads. You can access Plus500 from your desktop, i Phone or i Pad, your Android device, and WebTrader. This gives the user freedom of trading anywhere. You can fund your account on Plus500 with a credit card, Paypal, MoneyBookers, or a wire transfer. With all these options, funding your account is easy. The downside of this platform however, is that this site is not available from the United States.
Ava Fx is an award winning trading platform. If you are a beginning trader, this is the platform for you. They offer a free demo platform with a $ 100,000 practice account. When you have finished your free demo and you think you are ready to trade for real, you can start with an investment as low as $ 100. This is a good idea for the beginner who does not want to invest their life savings. Ava Fx offers the most updated FX market analysis tools, online charts, FX streaming news, and an up to date economic calendar. Everything a trader needs.
ForexYard is another highly reviewed platform with excellent reviews. ForexYard is a fully licensed and regulated broker. If you are new to trading as with the above platforms, you can do a free, time unlimited demo with a starting account of $ 100,00. If you are a newbie and need more than the training demo, ForexYard offers a free one on one training session to give you full understanding of Forex trading. With live market updates all day long, you can easily see how your investment is doing. ForexYard offers Mirror Trading. This will allow you to find a strategy you like and then put your account on cruise control. You can also learn from the top traders and mirror their strategies. With M4Trader, you can trade from many devices with no software to download.
Finding a good trading platform is important. Doing research on available trading platforms will lead you to the platform that is right for you.