Fx Platforms
Fx platforms refer to the software through which traders can trade in the foreign exchange market. Generally, forex trading platforms are designed to offer traders a wide range of tools and features, but the choice depends on the individual’s needs. There are some ‘go-to’ forex platforms that are particularly well known for their reliability and extensive range of features, such as advanced charting technical analysis and drawing tools, a built-in tester, programmability, etc.
One of the best fx platforms is the MetaTrader 4, which offers traders a powerful range of features and is considered an industry standard. It is also easy to use, which makes it an excellent choice for beginner traders. In addition, it is a platform that can be used on mobile devices.
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Another popular fx platform is cTrader, developed by Spotware. This is a professional forex trading platform, which is intended for automated trading strategies on ECN accounts. The platform is equipped with a depth of market function, which allows traders to see the actual quotes, bids and offers on an instrument. The platform is also supported by a large community and offers free capacity for the development of trading strategies, as well as a library of indicators, Expert Advisors, and other tools.
IC Markets is a ‘go-to’ forex broker that offers its clients a raw interbank forex account with zero commission and no requotes on price fills. The broker is regulated by CySEC, ASIC, FSCA South Africa, and the FSA Seychelles, and is a top option for high-frequency forex traders seeking ultra-low fees and raw spreads.
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