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Best FX Trading Platforms

Fx trading platform is one of the most important tools for traders, as through the platform it becomes possible to trade, place orders, use various tools for analyzing and predicting the market. There are many important features that characterize a good trading platform. Brokers offer platforms both for PC and mobile devices, thus making it more available for traders.

Main Features of the Best FX Trading Platforms

It is quite difficult to say which platform is the best, as actually it depends on traders’ expectations, but surely there are some important features that should be present in a professional platform. The best FX trading platforms should include the most professional and convenient conditions for traders so as they do not come across the lack of tools for trading and analysis, poor usability or confusing user interface. In addition, best Forex trading platforms should include charting and technical analysis tools to directly trade from the chart and be able to make technical analysis by using different indicators and chart patterns.

The Best FX Trading Platforms

As mentioned above there are various features that should be present in a trading platform so as it is considered to be a good one. IFC Markets provides two trading platforms: NetTradeX and MetaTrader 4.

NetTradeX trading platform offers the following primary functions:

  • User friendly and convenient interface
  • Possibility of carrying out both Forex and CFD trading from a single account
  • Placing all types of orders like OCO, Pending, Activated, Stop Loss, Take Profit
  • Using wide range of trading instruments
  • Server – side execution of Trailing stop
  • Availability of NetTradeX Advisors to automate trading through the NTL+ language
  • Trading with an absolutely new personal composite instruments (PCI). The PCI technology is a unique approach to portfolio trading and analysis. It enables to create portfolios in a few seconds, expand the range of trading instruments by creating new ones and compare the value of one portfolio with the other in a historical retrospective. The new technology serves as an optimal way of reaching high return with a lower risk. Due to the numerous trading instruments and proper asset allocation traders can make an efficient portfolio diversification.

MetaTrader 4 trading platform offers the following primary functions:

  • User friendly and convenient interface
  • Using various charts and indicators
  • Placing trading orders like Linked and Pending order
  • Possibility of program trading

Developing a good trading strategy through a professional trading platform is one of the most important keys to profitable trading.

IFC Markets is a leading innovative financial company, offering private and corporate investors wide set of trading and analytical tools. The company provides its clients with Forex and CFD trading through its own-generated trading platform NetTradeX, which is available on PC, iOS, Android and Windows Mobile. The company also offers MetaTrader 4 platform available on PC, Mac OS, iOS and Android. You may compare the advantages of both platforms.

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Author
Raul Laghari
Publish date
17/10/23

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