Experienced investors through to new traders who are keen to learn, all have distinct qualities which feed through into their style of trading.
But what all these traders have in common is the need for flexibility.
Some of us want to trade whilst commuting to work, on a train or on a bus, while some of us prefer the solitude of our office, secure on our desktop searching financial markets for new trade opportunities.
State-of-the-art technology now allows us all to trade where we want and how we want. Trading platforms for the retail trader are now so advanced we have access to thousands of markets, 24 hours a day on one single platform, on the go.
What are trading platforms?
Trading platforms allow both beginners and more seasoned traders to use the latest technology and functionalities to create a totally immersive trading experience.
Backed by online software, the platform acts as a user interface, enabling traders to manage positions and perform analysis through interactive, real-time charts, using a multitude of indicators.
Today’s trading platforms also let traders design their own trading signals through the many automated trading systems on offer, using the programming language available.
Discover how FXTM can help you get started or improve your trading setup by clicking here. Their platforms aren’t just about forex trading, but give you access to a huge variety of other financial markets like stocks, indices, commodities and CFDs.
Charts – smart, live charts get you to the centre of price action
Trading platforms give you charts which offer multiple timeframes, technical indicators, including RSI and Bollinger Bands, and analysis tools to highlight major trends and levels.
Orders – a full range of stops and limit orders helps you manage risk
You can get an instant overview of market prices and spread. You can trade automatically by setting orders to open and close trades at pre-defined levels. Alerts can be set to trade when price or technical indicators are triggered.
News & Analysis – monitor markets in real time with in-house insight and commentary
Find your next trading opportunity by using the analysis available, for free, on trading platforms. From breaking news to historic price data, today’s platform features allow you to analyse markets constantly and with expert guidance.
MT4 and its successor, MT5, are the most popular and trusted trading platforms available –the ultimate market standard for retail trading.
These platforms can provide you with all the tools you need for trade management and improving your trading experience.
You can also customise your platform to get it looking and working exactly how you want.
The exceptional built-in security means you’ll trade with total confidence, on any device– mobile, tablet and PC – on Mac, Android and Windows.
To find out more about trading platforms and FXTM’s award-winning services, click here.
Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
FXTM is an international online forex broker offering financial services in forex, CFDs on spot metals and CFDs on Commodity Futures, Indices and Shares.
The FXTM brand is authorized and regulated in various jurisdictions. ForexTime Limited (www.forextime.com/eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614. The company is also registered with the Financial Conduct Authority of the UK with number 600475. Exinity Limited (www.forextime.com) is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License bearing license number C113012295. Forextime UK Limited (www.forextime.com/uk) is authorised and regulated by the Financial Conduct Authority, firm reference number 777911.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.”
This article was originally posted on FX Empire