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The Best Forex Trading Platforms To Trade FX For 2019!

The Best Forex Trading Platforms To Trade FX For 2019!

There are hundreds of FX brokers worldwide, offering a wide range of trading platforms. It is not easy to pinpoint the best Forex trading platform since personal preference is a big factor in choosing a platform.  There are, however, a myriad of factors to consider in understanding and choosing a Forex trading platform, including ease of using the platform on the web, desktop and mobile, compatibility with operating systems like Windows, Linux and Mac, order entry and management features such as order types, charts types, suite of indicators, tools, plugins and automated trading.

To make it easier for Forex traders to better understand whats out there, we have put together a list of the top FX trading platforms and their key features that traders are generally seeking in a Forex trading platform.

Developed by MetaQuotes Software in 2005, MT4 is the most widely used platform by retail FX traders.  No list of the best Forex trading platform would be complete without including MT4. The software, programmed in C++ and licensed to FX brokers, typically includes the server and client terminal. While the server is maintained by the broker, the client terminal is offered to customers to monitor real-time streaming quotes, order and account management. Since the platform is leased to brokers, it is fully customizable to the brokers discretion and can vary from its original version.

The platform supports desktop, web, mobile and automated trading.

Compatible with Windows, Mac and Linux operating systems.

Buoyed by the MQL4 program, it is used to build expert advisors (EAs), custom technical indicators, scripts, and automated trading programs.

Includes multiple order placement features such as instant execution, market, limit, stops and trailing stop orders.

A customizable charting package with which allows for one-click trading, trading from the charts and the ability to adjust resting orders by dragging them up or down on the charts.

Price dynamics are displayed in 9-time frames for each symbol with 30 ready to use technical indicators to identify trends and carry out comprehensive technical analysis.

Encrypted data exchange between the client and the server terminals with the use of RSA digital signature to ensure stringent safety measures to protect client accounts.

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