In olden days traders use to phone call their broker and ask them to take this trade and that trade. Phone trading is running, day by day new way of trading methods were started. Online trading, Mobile trading, etc..
Now a days almost every trader trade through online trading platforms. Coming to forex trading online platforms are very important because of currency exchange speed and volatility, with in few micro seconds price changes drastically. So we need accurate online forex trading platforms.
There are so many trading platforms in forex market but every platform is versatile comparing with other trading platforms to know which is the best forex trading platform according to your requirements follow the list
META TRADER:
The meta trader platforms were developed by MetaQuotes softwarecorporation. Till now they had released two versions Meta trader 4 (MT4) and Meta trader 5 (MT5). Meta Trader is the most popular of all the FOREX PLATFORMS, meta quotes started in 2002 for developingweb base platforms for worldwide trades. Day by day it started growing and in my opinion meta trader is the first thing the beginners use to learn in FX TRADING, 90% of traders use meta trader and remaining use different kind of platforms.
Why meta trader is so popular, we can say its reach towardsthe people around the world. The design of the METATRADER is simple, very useful in every aspect and it requires very much less internet data to load. The forex brokers around the world provides MT4 trading platform and MT5 trading platform to their traders.
Every broker helps the new traders and beginners a lot through mt4 platform demo accounts to understand the forex market.
Mt4 trading is very useful in knowing Swap rates,market conditions, practicing new techniques and different kind of strategies.
The availability of the custom indicators in MT4 and MT5 is very high compared to other top forex trading platforms. Most of the coders try to develop best indicators for the MT4 platform. It is very easy to use indicators, shapes, trend lines and all other objective things available in meta trader platform. Its expert advice, strategy tester, code editor, etc shifts the meta trader to first position.
Almost all brokers are MT4 brokers, very few brokers perefer not to use META TRADER PLATFORMS.
MT4 download can be done by a simple process. Just open an trading account, real or demo account with preferred broker, then they will provide all kind of mt4 platforms like mt4 Linux, mt4 Windows, mt4 Android for download.
NINJA TRADER:
Here it is ninja trader review
Ninja Trader is a private trading platform that everyone can use by purchasing it. One can trade Futures, Forex, etc., on this Ninja trader platform. We can say ninja trader is online trading platform with its own brokerage, yes company itself provides brokerage but in meta trader, individual brokers will provide brokerage services. All types of charting system like Line chart, OHLC chart, Candlestick Bar chart available in this ninja trader brokerage.
Chart in Ninja Trader
Ninja trader is US based company which had patent and all permissions, good number of people use ninja trader for forex trading but not as high as meta trader. This ninja software looks very different from Meta trader software.
Ninja trader is somewhat best in few features compared to meta trader and the ninja trader support is available immediately after the purchase and ninja trader download
NINJA PLATFORM is not as flexible as MT4 and MT5. People who don't like to trade with meta trader then ninja trader is good choice for them. Finally very good numbers of indicators wereavailable in ninja platform for analysis and trading purpose. So, it is the second best platform after MT4.
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ninja trader 8 is the latest versionCTRADER:
Spotware Systems developed this CTRADER Platform this is designed and developed for Electronics and Communication (ECN) accounts. If you don’t like market makers and want to trade directly with the inter banks CTRADER brokers this is the best option for you, they connect directly to the inter banks and no re-quotes. This Spotware cTrader shows Tick Volume charts where no other Platform is as accurate as cTrader
It has level II pricing, different custom ctrader indicators. The charting time frames are very different in ctrader, they provide 26 time frames like 1minute, 2 minutes, 4 minutes, 5 minutes and so on. Every operation in this ctrader is done by cAlgo algorithm.
Trader who wants to trade with ECN market directly with inter bank rates they will definitely love this spotware ctrader.
ctrader mobile, Android version is available in play store
ctrader download, Desk top version can be downloaded by creating an account with spotware
Trader who wants to trade with ECN market directly with inter bank rates they will definitely love this spotware ctrader.
ctrader mobile, Android version is available in play store
ctrader download, Desk top version can be downloaded by creating an account with spotware
Spotware Ctrader Brokers
- FXPRO
- ICMARKETS
- PEPPERSTONE
- ROBOFOREX
