What is a forex trading platform?
A trading platform is a software that operates trades in the forex market. If you want to trade in the global forex market, you have to use a trading platform that manages transactions, such as open and close trades and maintaining market positions. Here we are going to explore the top 10 global forex trading platforms. These are available for mobile and computer devices and entirely free.
- MT4
- MT5
- cTrader
- NinjaTrader
- eSignal
- ProRealTime
- ZuluTrade
- MirrorTrade
- JForex
- Libertex
MT4 Platform
There are many trading platforms available in the forex market, but no one is close to MT4. MT4 was designed and developed by the famous software corporation MetaQuotes. It is an advanced intelligence software to operate a trade, analyze the price chart. It offers to manage multiple trades at a time, four pending orders and two stop orders.
MT5Platform
The MetaQuotes Corporation also designs the MT5 platform. It is the upgrade version of the MT4 platform, and it developed for more advanced features. It has automated trading and various other trading features and indicators. Most pro traders are using this advanced trading software.
cTraderPlatform
cTrader is also one of the most popular and reliable trading platforms for traders. It is a more advanced platform for multi-asset CFDs and forex trading. This platform features are charting tools, order types, and level II pricing. A lot of professional traders’ opinions are it is faster than other trading platforms.
NinjaTraderPlatform
If you make a rank list of trading platforms, Ninjatrader will take a top place because of its functional structure and interface. NinjaTrader was founded in 2003, and it offers advanced market analysis tools and charting.
eSignalPlatform
eSignal was invented in 2001 for proper market chart analysis. It also provides trading services with advanced features. Most of professional traders use it to analyze the best market movement.
ProRealTimePlatform
ProRealTime also one of the excellent trading platforms for traders. ProRealTime trading platform features are decision support tools, Technical analysis, Charting, Financial news, and automated trading opportunities.
ZuluTradePlatform
It is one of the favorite trading platforms for copy trading. ZuluTrade was founded in 2007, is the largest multi-broker copy trading platform. It offers Forex, Indices, Commodities, Cryptos, and Stocks trading. Most of the copy traders use this platform.
MirrorTradePlatform
It was established in the year 2005; it is also one of the excellent copy trading platforms. MirrorTrade platform always allowed to avoid the excess amount of news to its traders and focusing on the leading indicators. Nowadays, giant brokers are also engaging with them.
JforexPlatform
Popular forex broker Dukascopy developed this incredible trading platform. Nowadays, a lot of other brokers are offering this platform for their traders. It is almost the same as the MT5 platform, but some features are different from MT5. Nowadays, it is providing the nearest accurate price data and market spreads.
LibertexPlatform
Libertex is one of the oldest trading platforms in the market. After launching the MT5, it went beyond. But, in 2014 has gained a lot of popularity. Libertex offers to trade commodities, Forex, stock assets, and cryptocurrencies from one account.