The best trading platforms on the stock market "Forex"

Where to start or to which broker to go? Similar questions are posed to themselves by both novice traders and experienced experts in their field. And not surprisingly, because of the choice of the broker and its provided trading platform will depend a lot. It is possible that a trader will not profit by using one of the terminals, but will become a profitable player on the other. There are various trading platforms for quality and complexity, some very simple and understandable for beginners, while others may require specific knowledge and extensive experience for the work, although to date brokers are trying to simplify the provided tools to the maximum.

What is the trading platform

It is a software tool for performing various operations in the markets of currencies and securities. In fact, without a platform, you can not enter the "Forex" market. Different brokers provide different software for making transactions, but in general the principle of operation is the same everywhere. The trader is provided with charts, various indicators, and sometimes news reports and trade tips. Also, forecasts can be made for certain assets.

Types of platforms by markets

Trading platforms are of two types. Those that work with Forex markets, and those that work with binary options. The latter are "commercial binary platforms." Forex Markets are the most complex systems that require large investments and complex instruments, unlike binary options, where you only need to correctly predict the behavior of the market for different assets or currency pairs in a certain period.

The difference between Forex and binary options

The main difference is that the "Forex" markets require a more thorough study of the instruments of operating and mastering the majority of processes occurring in the markets of assets and currencies. It is very important not only to catch market change, but also to take advantage of them in time. The process of entering the market, as a rule, is accompanied by the loss of part of the deposit due to the difference between the cost of buying and selling the asset, which can create additional difficulties when developing a trading strategy. Trading on Forex involves a lot of risk, in order to get a good profit, you often have to use the borrowed funds provided by the broker. This is not a loan in the classical sense, but a quick loss of the deposit is possible in the event of an unsuccessful loan application. This loan is called a leverage and can have different values. For example, 1: 100, which means that you, having 1 dollar, will be able to operate with the amount of $ 100. These values may vary depending on the decisions of the trader.

As for binary options, everything is much simpler here. Depending on the type of option, the trader performs the forecasting of certain assets, for example: the price of the euro / dollar pair will change to a larger side relative to the current value in 60 seconds. Further, the trader pays, for example, 1 dollar for the execution of the option. If the price changes, in this case, up, then the trader will receive, for example, 80% on top of the execution value. It turns out that the profit will be 1 dollar 80 cents, which is very good for 60 seconds of waiting. In case the price falls - the trader will not receive anything or receive a certain percentage of the value of the contract. The amount of refund will depend on the selected broker and the specified parameters of option trading. All presented values may be different, for example, the time of execution of an option depending on the broker may be 15 minutes, and an hour, and even 3 hours. Just like the cost of one transaction, it can be 2 dollars and 100. Also, the trade can be in another currency, rubles or euros, again, depending on the chosen service provider and the parameters you set.

Popular platforms "Forex"

The most common trading platforms for trading on Forex are MetaTrader4 and MetaTrader5, but there are many modifications, additions, various options in the form of advisors and robots for trading, as well as some other trading systems and terminals. Transactions in these terminals can be performed both with the help of a program installed on a personal computer, and on mobile devices under different operating systems. There are also trading platforms that work through web browsers. Some brokers have and provide their own experience for trading.

Platforms for trading binary options

In the field of binary options, there are many brokers who provide online trading services and, accordingly, have their own terminals. As in any field, in this there are both not very high-quality programs, and the best trading platforms. Among them, just like in "Forex", there are simple and understandable newcomers programs, and quite difficult, requiring training tools. More specifically, you can consider individual trading platforms, reviews will be presented further in the text.

Olimp Trade - trading platform

This company has well proven itself in the market of binary options. "Olympus Trade" is a trading platform that has attractive tools in service. This broker also provides free webinars, training materials and demo accounts. They do not have every trading platform. The option can be returned in case of default (50% of the transaction), there are also such useful functions as candlestick chart, various assets, technical analysis. The yield in the case of an exercised option is on average 80%, which is quite good. With regard to the payment of real funds, the broker qualitatively fulfills its obligations under the user agreement. Well suited for beginners, and experienced traders. Most players are particularly pleased with the above mentioned possibility of returning a part of the funds in case of default of the option. This can save a significant part of the funds in case of an incorrect forecast of market behavior, for example, sharp and long growth or fall of rates. This may be due not only to the technical aspects of market behavior, but also to fundamental reasons, such as positive or negative news reports.

"Titanrade" - trading platform

"Titanradrade" is a broker, also specializing in binary options. The company itself is registered in London and enjoys a diligent reputation. The trading terminal of this company has the ability to operate a lot of different assets, currency pairs and shares. The execution of contracts has a different lifetime, there are minute options, and there are long-term options. There are also a number of interesting tools, for example, the return of some of the funds in case of a loss, the ability to copy your own transaction, and the transfer of the performance of the contract for ten minutes. In the same way as most brokers, there is an opportunity to play on a demo account, there are free online training seminars, various materials and videos that can help new players. "Titanradrade" - a trading platform, which is suitable for different categories of traders. Both beginners and experienced players in the markets will find positive sides for themselves using the services of this company.

Iq Option

Another quality broker of binary options. Conscientiously and regularly provides services related to option trading. Registered in 2011 in Cyprus. It has several different licenses of Russian and European regulators. The terminal Iq Option is executed very qualitatively, the trader is provided with an eye-pleasing design, a lot of indicators and tools for technical analysis, several types of graphs for the user's choice. The minimum deposit is 10 dollars, the minimum value of the contract is the dollar. As well as other brokers, this provides the opportunity to play on a demo account, there is a function to return a part of the funds in case of unsuccessful execution, but at the same time a part of the yield is lost in case of a profitable transaction. Similar to other service providers, the Iq Option provides a mobile terminal and access via a web browser.

Results

Choosing the right binary options broker depends only on yourself, your preferences and requirements. The main thing is to select the most suitable broker, based on feedback on the network and the necessary conditions that you choose for yourself. Each of the presented brokers has its advantages and disadvantages, they have different trading platforms. Some of the service providers have a high-quality design and simplicity, somewhere there will be a small minimum deposit, which is good for beginners, some of the brokers quickly process payments and withdrawal of funds, somewhere you will be pleased with the large number of provided data, charts and tools with indicators .

Remember, trading binary options involves some risks, requires the presence of certain knowledge in the field of finance, as well as extensive experience. Before you start trading on a real account, you should study in detail the materials that the broker provides to you, as well as practice on demo accounts. Happy trading!