Best forex trading platform for a newbie?

Discussion in 'Forex' started by Wach80, Jun 28, 2016.

  1. Wach80

    Wach80

    Hello , i want a platform to practise forex trading with play money then proceed to real money , i prefer forex because it allows you to start with a lower capital , which platforms are the best and trustworthy?
     
  2. interactive brokers, open account with 10k and then use the paper trading account as long as you want. The paper account can be set up exactly like your real account so going live will already be by habit. Good Luck
     
    K-Pia likes this.
  3. Just invest money that afford to lose is golden rules investing in forex that included as high risk business, many broker offer low minimum deposit and using mt4 platform trading, like as forexmart also use mt4 plaftrom
     
  4. Al_Bundy

    Al_Bundy

    MT4 is the best trading platform. But be careful what broker you choose to open a real account with - avoid Cyprus regulated buckeshops that entice you with bonuses. Case in point, ForexMart, which the poster above me advertises - see reviews: http://www.forexpeacearmy.com/public/review/www.forexmart.com
     
  5. Wach80

    Wach80

    Nice , the interface looks simple enough , probably better than the interactive broker for a demo account , ib is abit confusing for me at this point.

    thanx for the answers people.
     
  6. flaviojr

    flaviojr

    Hello , Vomma using mt4 platform, they have a no deposit bonus of $ 100 ( https://vomma.org/en/promo/ecnnodep ) and you can take profits when you want, this is a great opportunity to start with real money!
     
  7. Wach80

    Wach80

    btw guys , if i close the platform will my trades close or remain active?
     
  8. Order will remain active although closed platform because already recorded on the broker, so if we having pending order it will still opened until hit stop loss or target profit
     
  9. According to me, MT4 is the best trading platform for a newbie to trade. It has a reliable reputation in Forex market, unlike other platforms it is really very fast and user friendly software. MT4 also provides a great number of tools that facilitates the trading experience of a trader. It leads to faster execution of transactions and offers multilingual interface in different languages. Provides you with facility of automated trading through meta trader.
     
  10. Winjak

    Winjak

    I like MT4 too. They say there are some new and comfortable platforms, but I'm used to MT 4 too much for ending my work with it :)
    It has everything for a trader.
     
    #10     Oct 27, 2016