best forex trading platform recommendation

Posted on : 27-10-2011 | By : admin | In : Uncategorized

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Are you seeking the best forex trading platform for beginners?Most forex trading platforms are too professional and just suitable for experienced forex traders, dazzling data and complicated operation could not make beginners quickly make their own trading rules and tends to confuse them.They need a easy to use interface and simple to understand platform.And the original goal is adjusting to the real forex trading rather instantly make profits by investing high.

 

 

So, among the thousands of forex trading platforms,which is the best forex trading platform for beginners?

Here are two recommended  as your options of best forex trading platforms.

Ofcourse you could get free real funds bonus to start your free but real forex trading.

best forex trading platform

A – Marketiva

I think that Marketiva is the best forex trading platform for beginners for the following reasons:

Marketiva is a good, easy to use forex trading platform for smaller account holders. Its main focus is on newer traders, who have somewhat different needs from experienced traders. It is also an excellent choice for Islamic traders because

1 All new accounts receive $5.00 in their real money account just for registering

2 Even you you could start forex online trading with as little as $1 trade forex,

3  Higher end functionality is not available and liquidity can be a problem for larger orders, but a small retail trader is not likely to run into any problems..

3 Simple understanding data and charts,easy to operate platform.

4 Marketiva is a “swap-free” forex broker , meaning that rollover, or swap interest is not applied to any positions held overnight, in line with Sharia Law.

5 Within the trading platform is a chat program where traders can interact and exchange ideas about trading, and can also interact with support staff in several different languages.

6 Leverage is only 1:100,users could make a lower risk than other platforms support higher leverage.

best forex trading platform

B – nordfx

I think that nordfx is also the option of the best forex trading platform for beginners for the following reasons:

1 Accounts can be started with as little as $5.

2 Variable or fixed spreads. This keeps the spread tight, which is one of your biggest expenses as a trader, which allows you to also profit from tight fixed spreads as well – if they choose to news trade.

3 The deposit process is simple and quick, as you can use Moneybookers, Liberty Reserve, PayWeb, Credit Card as well asPayWeb to fund your account. Withdraw can be done in reverse.

4 The MetaTrader platform is well-known and reliable. It has been being used for years, and is very stable.

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Which is the best forex trading platform for experience traders?

  1. experienced traders in the modern world will suggest the MetaTrade 4 as the best forex trading platform because the real-tome facilities cannot be matched with any other platform. MetaTrader 4 provides a full featured set of technical analysis tools that has charting and a wide array of indicators for the currency pairs that you want to trade.
  2. Since currency market brings in new surprises every moment you will need good support from the broker’s part all time
  3. If the trader faces any trouble he will naturally seek the broker’s assistance which must be readily available.
  4. The execution of orders must be one main service by the broker
  5. Forex trading is carried out all through the day and hence live information and quotes are needed
  6. Be assured that the broker has a superior spread as the market condition will give preferential to you more than a smaller spread.

 

best forex trading platform

Here I recommend you to start forex trading in etoro as your best forex trading platform option for the below reasons:

(1). Hedge against inflation: The forex platform has an automated trading system portfolio, which outperform inflation. Therefore your forex investment in automated trading or stock trading can be reliable hedge against inflation in the long term. Your investment will earn a return in excess of the rate of inflation.

(2). Liquidity: When you trade with eToro, your trade will easily transferable at low transaction cost as compared to other automated trading software platform. Therefore as a trader, you can get in or out at your own convenience time.

(3). Income: The said forex trading platform has a super automatic trading platform which you can download and practice trading online before you go live. When you practice with the said automated trading software or system you will gain experience which will enhance your trading skills by making profitable trades. The second option from my own experience, you you can make good profits from their ”stock trading”. This means that if you invest in a stable company, you may expect some income whenever they announce their half and full year results.

Now start online forex trading  with your best forex trading platform.