Mobile trading platforms for major brokers
Many platforms now offer mobile versions of services that can provide greater flexibility in trade management。You can view the details of valid orders via mobile and make quick changes if necessary。
Every online trader needs an online trading platform to initiate, close and manage their orders。Currently, there are thousands of online trading platforms on the market, but not all are great。So it's important to be able to narrow your choices and choose a platform that truly meets your needs and expectations。
Many platforms now offer a mobile version of the service so that traders can enter the market without having to open the software on a laptop or personal computer, which can provide greater flexibility in trade management。You can view the details of a valid order from your mobile phone and make quick changes if necessary。
Best for CFD trading: Metatrader 5 from IC Markets
The MetaTrader 5 application itself is a user-friendly application with one-click trading function and access to a series of useful analysis tools, charts and indicators, so it is suitable for beginners and expert traders。The app has been installed by at least 5 million users worldwide, making it the second most installed forex trading app.。In order to use the application, you need to use Android 4.0 or higher。
MetaTrader 5 from IC Markets is particularly suitable for CFD trading。You can trade on 7 different financial markets through the Depth of Market (DoM) offered by your liquidity provider。With MetaTrader 5 from IC Markets, you can access 65 Forex CFDs, 23 Index CFDs, 19 Spot and Futures Commodity CFDs, 6 Bonds, 4 Global Futures, Cryptocurrencies and more than 120 Equity CFDs (including dividends) from ASX, NASDAQ, NYSE。
Application Features
Access over 30 technical indicators, 24 plotting tools, 3 chart types and multiple time frame options to suit a variety of trading strategies。
Access economic calendars and live news events without leaving the app。
Forex trading spreads as low as 0 on the broker's original spread account.5 points, index spread as low as 0.5 points。
Offline mode available。
Original pricing based on no desk execution system and no re-quotes。
No limit on limit order。
Real-time Forex and CFD quotes and full access to historical price data。
Interactive chart function with zoom and scroll options。
Customizable chart layout。
Supports all types of orders and execution modes。
Overall, due to the wide range of CFD assets, IC Markets provides an excellent mobile trading platform for CFD trading。CFDs in IC Markets also have lower transaction costs compared to other platforms。For $200, you can open a trading account in IC Markets and start trading。
IC Markets International Capital Markets Pty Ltd.) an online forex brokerage company operated under。Traders under Australian jurisdiction offer trading services at IC Markets-AU, which is based in Australia and licensed by the Australian Securities and Investments Commission (ASIC).。
On the other hand, non-Australian traders who open accounts with the broker are registered under the Seychelles-based IC Markets SEY and are regulated by the Seychelles Financial Services Authority (SFSA).。This dual operation is the result of the Australian Securities and Investments Commission's relatively new rules, which prohibit its regulated brokers from providing trading services outside Australia.。
IC MarketsClassified as an ECN broker offering clients MetaTrader 4, MetaTrader 5 and cTrader as platform trading options。The broker also follows market trends with cryptocurrencies as one of its products, enriching its already wide selection of trading assets, including currencies, indices, metals, energy, software, stocks and bonds.。
IC Markets "minimum deposits are at a moderate level compared to other ASIC-regulated brokers, as each customer has a deposit of $200.。Market analysis materials are also regularly prepared for trading insights on the official website of IC Markets, proving their ability to provide traders with important content created specifically for the market experts they work for.。
For payment methods, IC Markets allows financing and withdrawals via wire transfers, credit cards, PayPal, Skrill, Neteller, FasaPay, UnionPay, and BitPay's Bitcoin。The more interesting aspect of the broker is its multiple base currencies, including the US dollar, Australian dollar, euro, British pound, Singapore dollar, New Zealand dollar, Japanese yen, Swiss franc, Hong Kong dollar and Canadian dollar。
Due to the trading technology of IC Markets equipped with highly centralized servers and extremely low latency (especially on cTrader), the broker is well known for its ability to host traders with special needs for high-frequency trading and order brushing。
In summary, IC Markets is the right destination for active traders looking for well-regulated brokers。IC Markets is also flexible in terms of base currency and payment methods, which demonstrates their commitment to welcoming traders from outside their home countries.。By the end of 2019, IC Markets was offering websites in 18 international languages, including English, Korean, Indonesian, French, Spanish, Italian, Malay, German and Chinese.。
Overall Best - Pepperstone's MetaTrader 4
Pepperstone's MetaTrader 4 offers a variety of features and user-friendliness, giving users many advantages。For example, in addition to other trading tools, 30 technical indicators, 24 analytical objects and 9 time frames are available。In addition, MetaTrader 4 for Android is very easy to use and can be installed directly from the Google Play Store, with more than 10 million installations worldwide。Note that Pepperstone's MetaTrader 4 mobile app requires Android 5.0 or higher to run, if you are an Apple user, you need to use to run iOS 9.0 or later iPhone, iPad, or iPod touch。
Application Features
Access more than 180 financial instruments across various asset classes, such as currency pairs, commodity CFDs, stock index CFDs, equities, currency indices, and cryptocurrencies。
Access a complete set of technical analysis tools, including 30 popular metrics, 24 analysis objects, 9 time frames, and 3 chart types。
Use advanced analytics including 28 smart trading tools to enhance order execution and risk management。
Pepperstone's Razor account offers forex traders extremely low spreads, starting at 0。
Lightning fast execution, less than 30 milliseconds。
Opportunity to build and run EA deals。
Interactive real-time charts with zoom and scroll options。
Various chart settings allow faster and more effective control of trading positions。
Supports all types of trade execution and trade orders。
Supports desktop version of sound and push notifications。
All in all, Pepperstone's MetaTrader 4 is a complete package ideal for every mobile user。The app is equipped with almost everything a trader needs to make a transaction, and can adjust and execute your strategy anytime, anywhere。
Founded in 2010 by a team of experienced traders working together to improve online trading, Pepperstone is based in Melbourne, Australia and has grown into one of the world's largest forex brokers.。If a trader wants to find a broker that offers low spreads, fast execution and award-winning support, the answer is Pepperstone。
Pepperstone has strong legal safeguards as it is licensed by Australian regulators ASIC and FCA.。Traders "funds can be deposited into separate accounts at Australia's top banks, one of which is National Australia Bank (NAB).。Therefore, if a trader chooses to open an account in Pepperstone, the safety of funds is not an issue。
They successfully partnered with 23 top banks to bring bids to investors instantly via fiber optics, which enabled all orders to be executed 100% automatically with delays as low as zero..05 milliseconds, no need for trading desk intervention and re-quotation, and ultra-low transaction costs。
Pepperstone is trusted by more than 73,000 traders worldwide, processing an average of 125 per day..$500 million in trading volume and won awards for such things as:
- Best Forex ECN Broker and Best Forex Trading Support Worldwide 2019 (Europe)
Best Australian Broker and Best Trading Platform 2018 by Compare Forex Brokers
2018 UK Forex Awards Best Forex ECN Broker, Best Forex Trading Support and Best Forex Trading Conditions
With numerous awards, Pepperstone attracts more and more traders from all over the world。Pepperstone's performance rose not only because of its ultra-low spreads and fast execution services, but also because many traders were keen to trade in currencies other than the US dollar.。
As a result, Pepperstone is one of the most responsive brokers to the market because it is willing to accept deposits in 10 currencies, including the Australian dollar, the US dollar, the euro, the Canadian dollar, the British pound, the Swiss franc, the Japanese yen, the New Zealand dollar, the Singapore dollar and the Hong Kong dollar.。
Pepperstone allows traders to choose between 11 trading platforms: MT4 Desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad / Tablet, MT5, WebTrader, cTrader WebTrader, cTrader cAlgo and cTrader Mobile。The choice of trading platform is very practical for novices because it executes quickly。
When trading Forex, traders can enjoy 0 on their Razor account.0 pip original spread, over 61 currency pairs, and commission-free account funds for various deposit options。In addition to currency pairs, Pepperstone offers several types of trading tools, including indices and stocks, commodities and cryptocurrency CFD。
Commodity trading tools are very diverse, not only metals, gold and silver, but also soft commodities such as cotton, sugar, coffee, cocoa and orange juice.。Pepperstone also offers energy (oil and gas) trading.。
Pepperstone offers two types of accounts, Razor accounts and Standard accounts。If you are a beginner, it is recommended to choose a EUR / USD average spread of 1.0-1.3 point and commission-free standard account。
Traders with specific trading styles (such as scalping traders and algorithmic traders) may enjoy the traditionally lower-cost setup of Razor accounts, with a trading commission of 7 Australian dollars and a trade of 100,000 US dollars per round..01 (micro) and 1: 400 leverage to start trading。
As Pepperstone customers, traders can deposit and withdraw money through Visa, Mastercard, POLi Internet Banking, Bank Transfer, BPay, PayPal, Neteller, Skrill and Union Pay。
If you are new to trading or want to practice your trading skills in a risk-free environment, you can create a demo account, but if you are experienced or prefer to learn by doing, Pepperstone offers live accounts that allow you to trade with real-time execution and pricing.。
Traders can also use third-party services to follow popular trader scenarios while learning how to improve their trading abilities。Pepperstone works with a range of social trading platforms for traders to choose from, such as Myfxbook, ZuluTrade, Mirror Trader, MetaTrader Signals and Duplitrade。
The best alternative to MetaTrader - cTrader by FxPro
FxPro offers the cTrader trading platform, which can be an excellent alternative to the mainstream MetaTrader series。While many traders prefer the basic features and minimalist design of MetaTrader, there are also traders who prefer to use cTrader because of the professional interface。
The cTrader mobile app is basically a mobile version of the desktop software developed by Spotware Systems Ltd。The app can be installed directly from the Google Play Store and currently has over 10,000 independent installations requiring Android 4..4 or later to run; Apple users can run iOS 9 using.0 or later iPhone, iPad, or iPod touch。
Application Features
Get the latest market news and market sentiment indicators。
Access detailed trade and historical reports。
Accessing integrated targets on charts from trading centers。
Direct access to the foreign exchange market, ultra-low latency, extremely fast order speed, most orders are processed in less than 11.06 ms。
QuickTrade mode one-click trading。
Opportunity to execute orders with a single click。
Supports the ability to create custom watchlists。
Support the function of setting price reminder。
Support for 22 languages。
In addition to full market depth, the app offers a full set of technical analysis tools and charts。In addition, cTrader has a dedicated price alerts tab that users can use to manage push notifications。
Since its inception in 2006, FxPro has successfully expanded to serve retail and institutional clients in more than 170 countries and is headquartered in London, UK.。
FxPro UK Limited Authorized and regulated by the FCA since 2010。Meanwhile, other subsidiaries, such as FxPro Financial Services Limited, have been authorized and regulated by CySEC since 2007 and by FSCA since 2015.。So traders no longer have to worry about their money。As a staunch supporter of transparency, it sets the highest security standards for client funds, as companies choose to keep their money in major international banks, completely segregated from corporate funds.。
They always strive to provide transparent and ethical practices in the global trading industry。In 2018, 74.65% of market orders are executed at the requested price, 12.8% of customer orders are executed with positive slippage。In addition, only 1 of all instant orders.4% received a re-offer, of which 0.72% received a better price at the time of execution。
FxPro The total number of transactions increased year by year.。In 2018, trading volume reached 53.6 million。Based on the trust of customers, FxPro won the UK's Most Trusted Forex Brand Award 2017 from Global Brand Magazine。In addition, they became the first broker to sponsor an F1 team in 2008 and FxPro has won around 60 UK and international awards.。
They are committed to creating a dynamic environment that provides traders with all the tools they need to gain a trading experience.。Open an account with FxPro to access more than 250 CFDs across 6 asset types, including FX, equities, spot indices, futures, spot metals and spot energy。They want to provide clients with top-of-the-line liquidity and advanced trade execution without the need for trading desk intervention.。Average execution time less than 11.06 milliseconds, up to 7,000 orders per second。These advantages allow traders to benefit from tight spreads and competitive prices。
In addition, FxPro is recognized as an innovative broker。The company allows customers to enjoy a wide range of trading platforms such as MetaTrader 4, MetaTrader 5, cTrader and FxPro Edge。Web-based versions and mobile applications are also available so that traders can access financial markets anytime, anywhere。
Traders can choose the platform according to their needs。Traders for MT4 provide instant execution and easy-to-use trading platform。In this account, leverage is as high as 1: 500, with spreads from 1.From 6: 00, no commission。
Traders should opt for an FxPro MT5 account if they want to gain experience with more modern technologies。In this account, the spread from 1.5 start, leverage up to 1: 500, no commission。
Another type of account is FxPro cTrader。Compared to other account types, it is suitable for traders who prioritize execution speed and have the strictest spread limits。FxPro cTrader is a powerful trading platform that provides the best bid and ask prices, orders can be completed in just a few milliseconds。The platform also provides market depth and trade analysis tools, in which the spread is only from 0.From 3 o'clock。However, traders must pay a commission of $45 per $1 million of forex and metals trades (opening and closing positions).。
MetaTrader 4The main difference between MetaTrader 5 and cTrader is the range of CFD products available。The MT4 platform provides traders with the opportunity to open positions in all 6 asset classes, while MT5 does not support stocks and cTrader does not support stocks and futures。
In addition to the above 3 types of platforms, you can also access FxPro Edge when trading in FxPro。The platform provides customers with a new way to trade the market in the form of spread betting。
Every broker has advantages and disadvantages, and FxPro is no exception。In addition to the advantages explained earlier, FxPro also has a high minimum deposit amount。In addition, FxPro does not offer many types of payment and withdrawal methods。Some types of methods even require the trader to pay a fee。However, it is still important to note that customers can trade forex, stocks, indices, metals and energy in Fxpro with a limited risk account at no additional cost。
Regardless of the pros and cons, FxPro can be one of the best brokers with advanced technology of choice for traders who are ready to trade with funds starting at $500。
Best for beginners: ThinkTrader by ThinkMarkets
Arguably the best choice for beginners, ThinkTrader is able to remove many obstacles for new users。It has a user-friendly interface design, excellent security system and user-specific functions。The app can be installed directly from the Google App Store and is currently installed by more than 500,000 users worldwide.。Keep in mind that this app is only available on Android 4.2 or later, for Apple users, it can only run on iOS 9.Run on 0 or higher。
Application Features
Innovative analysis-a complete set of technical analysis tools, including no less than 80 technical indicators, 50 drawing tools, 14 chart types and 12 time frames。
Multiple Trade Closure - Users can immediately close all active positions in a particular trading instrument。
Four-screen display - four charts with real-time quotes can be monitored simultaneously on any mobile device。
Cloud-based alerts - users get all the necessary market data without logging into an account
TrendRisk Scanner - a trading signal tool whose purpose is to scan financial markets for high probability trades。
Multi-touch capability - you can drag and highlight an area on the chart to see the exact number of points it represents。
In-app deposits and withdrawals。
Multiple watch lists and customizable transaction history reports。
Market analysis and live news from FX Wire Pro。
Supports four types of trading accounts。
Free download trading guide for all types of traders。
In addition to the above functions, the platform also provides a variety of educational materials suitable for novice and expert traders。In addition to this, there are detailed guides covering various technical indicators, oscillators and chart patterns。
As a multi-asset online brokerage, ThinkMarkets offers a wide range of trading assets from Forex to Precious Metals, Commodities, Indices, Stocks and Cryptocurrencies。The Australian-based broker was founded in 2010 and has since opened more headquarters in London and regional offices in Asia Pacific, the Middle East, North Africa, Europe and South America.。
Along with its historical operations, ThinkMarkets has received numerous awards and recognition in various aspects.。They recently won the Best Value Broker Award in Asia at the 2020 Global Forex Awards。
Standard account average forex spread for traders who open an account with ThinkMarkets from 1.From 2, while ThinkZero offers 0.Best trading experience at 1 point spread。However, traders may want to take into account that ThinkZero charges 3 per side for every 1,000,000 trades..$5 commission。
As a global online brokerage firm, ThinkMarkets operates under the supervision of multiple financial regulators, for example, ThinkMarkets Australia is managed by TF Global Markets (Aust) Limited and licensed by the Australian Financial Services Authority and the Australian Securities and Investments Commission (ASIC), ABN: 69158361561。ThinkMarkets UK is registered with the Financial Conduct Authority (FCA) under the name TF Global Markets (UK) Limited (No.09042646)。
ThinkMarkets is always committed to improving its trading environment through a variety of advanced products.。Auto trading enthusiasts can use free VPS hosting, while enthusiastic traders who want to experience outside the MetaQuote platform can try ThinkMarkets' proprietary platform ThinkTrader。
The trading platform offers 3 different interfaces designed for web desktop, tablet and mobile display。In addition, custom tools such as more than 80 drawing tools and more than 125 technical analysis indicators can even be accessed via mobile screens, which will undoubtedly provide a new mobile trading experience.。
In terms of market updates, the ThinkMarkets deal will be accompanied by news from FX Wire Pro, which is known for its strict policy of adhering to objective news reporting and providing critical, credible information in real time.。Information areas covered by FX Wire Pro include economic commentary, technical-level reports, currencies and commodities, central bank bulletins, energy and metals, and event-driven bulletins。
For payment methods, ThinkMarkets provides gateways through bank transfers, credit cards (Visa and MasterCard), Skrill, Neteller, POLi online banking, BPay, and Bitcoin wallets。
All in all, for a company that has been in business since 2010, ThinkMarkets has been quite successful in terms of legal status and trading technology innovation.。As an additional guarantee of safety for traders, the broker highlighted its commitment to a $1 million insurance protection plan, which is achieved through ThinkMarkets and Lloyd's of London insurance policies, in the unlikely event of bankruptcy Provide up to $1 million in protection for customers' funds。
Best for Social Trading - eToro's Trading App
The eToro trading platform is suitable for desktop and mobile users and can be installed directly from the Google Play Store. The application has been installed more than 5 million times in more than 140 countries and can only be installed on Android 5.0 or higher.。For Apple users, the app is available on iOS 10.0 or higher for use on Apple devices。
Application Features
Access advanced filtering and search tools。
Access ProCharts, a professional-grade technical analysis tool。
Access the TipRanks Research tab to display market insights from experts from the world's top institutions。
Support one-click transaction。
Support stop loss, take profit and trailing stop orders。
Support cryptocurrency trading and provide ready-made cryptocurrency portfolios。
Users can switch between private and public profiles。
The documentary trading function is especially suitable for beginners, allowing to observe expert traders and copy their trading activities, allowing them to make money with less effort, while at the same time they can use this time to improve their skills。
Founded in early 2007, eToro's mission is to make transactions available to anyone, anywhere, and to reduce reliance on traditional financial institutions.。The company has headquarters in the UK, Cyprus, USA and Australia。
eToro (Europe) Limited is a financial services company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number # 109 / 10.。Meanwhile, eToro (UK) Limited is regulated and regulated by the Financial Conduct Authority (FCA) under license number FRN 583263.。
As foreToro AUS Capital Pty Ltd, whose legal status is recognised by the Australian Securities and Investments Commission (ASIC), provides financial services under Australian Financial Services Licence 491139。
As a belonging4-digit broker, eToro offers both short-term options for day traders and long-term options for investors, such as their innovative CopyPortfoliosTM, a fully managed thematic portfolio。
自Since 2007, eToro has been at the forefront of the fintech revolution.。The latest is CopyPortfolio, which was launched in 2017 and is powered by machine learning Al。In addition to developing CopyPortfolio, the company also integrated Microsoft's machine learning technology into Momentum DD.。
NewThe CopyPortfolio investment strategy uses artificial intelligence to find the most stable traders who are most likely to earn double-digit returns and bundles traders into a fully managed portfolio.。eToro has hundreds of financial assets available for trading, including stocks, commodities, crypto assets, currencies, indices and ETFs。Each asset class has its own characteristics and can be traded using multiple investment strategies。
Certain positions on eToro involve ownership of underlying assets, such as non-leveraged positions in equities and crypto assets。Using contracts for difference (CFD) will make various options possible, such as leveraged trading, short (sell) positions, fractional ownership, etc.。For example, a trader can invest in gold at a minimum amount of $100, even if the price of a single unit of gold is $1,000.。eToro's most popular CFD commodities include gold, oil, gas, silver and platinum。
Currency can only be used asCFD Trading on eToro。In addition, CFD allows for short selling (short) positions and leveraged trading, even for assets that do not offer this option in traditional trading.。Some popular currency pairs include EUR / USD, GBP / USD, AUD / USD, USD / JPY, and USD / CAD。
In addition, exchange-traded funds (ETF) is a financial instrument consisting of several assets, used as a tradable fund。After opening an eToro account, traders can invest at least $250 in an ETF that sells for $500.。Some popular ETFs on eToro include SPY, VXXB, TLT and HMMJ。
However,eToro also provides additional functionality through the use of CFD trading。All leveraged ETF positions in the UK are regulated by the FCA。Meanwhile, all CFD positions executed by eToro Australia are regulated by ASIC.。
The company also has other advantages。of all tradable financial assets,eToro does not charge any deposit or transaction fees other than spreads。
eToro charges $25 for withdrawals, with a minimum withdrawal amount of $50。holdings of cryptocurrencies, stocks andETF non-leveraged long positions are not executed as CFD and no fees are charged。eToro charges overnight or weekend fees for CFD positions, such as leveraged positions and short (sell) orders。
Update of fees always applies to open positions。Fees are subject to change at any time and may change on a daily basis based on market conditions without prior notice。
As a beginner, traders can useeToro's Copy Trading Features。Unlike the features of other brokers, traders can copy the strategies of professional traders for free without splitting into profits。因此 ,100% of the profit goes entirely to the trader。For example, when Trader A, copied by Trader B, generates 10% profit this month, Trader B also earns 10% profit。
The company is the world's leading social trading network.。因为eToro operates in complete transparency, and each trader has valuable information in their eToro profile, so it is helpful for other traders who are interested in copying their trades when creating their best portfolio。
Another unique feature of eToro is personalized social news subscriptions。Just like on any social media, traders can post their own updates in a subscription, comment on other people's posts, and gradually create a subscription that suits a trader's trading and investing interests.。在在On the eToro social trading platform, traders will also be notified when there are new posts and other important updates from traders。
Best Risk Management Tool - Plus500 Trading Platform
Plus500 provides an excellent trading platform, especially in risk management。Since CFD trading is often accompanied by a high risk of losing capital due to high leverage, traders need to have a good risk management system in place to limit trading risk。Therefore, Plus500's trading platform is more suitable for CFD traders who use leverage in their trading。The app can be installed directly from the Google App Store and is currently installed 5 million times worldwide.。Please note that only using Android 5.0 or higher traders can use the app。
Application Features
Regarding risk management, traders can use the following functions:
Stop-loss limit or take-profit closing - Specify the price level at which to close a position and lock in gains。
Stop Loss or Take Profit - Specify price levels designed to limit losses on active positions。
Guaranteed Stop Loss - Ensures potential losses are limited and slippage risk is minimized。
Trailing Stop - ensure the retention of profits and set a stop loss that will be automatically updated according to the price direction。
Negative balance protection - ensures that traders do not lose more than their initial deposit。
In addition, Plus500 allows customers to set up price alerts, and you can set the app to send you real-time email, SMS, or push notifications based on price, trader sentiment, and percentage change (daily or hourly)。
Plus500 is a UK-based company with its main offices in the City of London, which is authorised and regulated by the FCA.。For traders who are looking for a broker with a top regulator, Plus500 is the right choice。
Plus500 offers 2,000 instruments to more than 1 million customers。The list of instruments that can be traded through its CFD service includes forex currency pairs, indices, cryptocurrencies, commodities, stocks and ETFs。Traders can choose the right tool for their needs。
In any case, beginners should be extremely cautious when choosing an asset, as it can be confusing and inherently risky。
When a trader opens an account, Plus500 will hold the trader's funds in isolation in accordance with the FCA's client funds rules。Traders need not worry about Plus500 using their funds for hedging, as the broker strictly prohibits the use of client funds for this purpose。
Other advantages of trading at Plus500 are small spreads and no commissions. The company only offers a single type of account, but traders can update their accounts from retail to professional according to some criteria。
To apply for a professional account, traders must meet at least 2 of the following 3 criteria, such as sufficient trading activity in the past 12 months, a portfolio of financial instruments of more than 500,000 euros, and relevant experience in the financial services field。
Plus500 is widely acclaimed for its services with market spreads, retail account leverage of up to 1: 30, and professional account leverage of up to 1: 300。Plus500 tries to give reasonable leverage options, not only to control risk, but also to help novice traders better control their trading emotions。
Founded in 2008, Plus500 provides almost the same features for retail and professional accounts, including customer fund protection, negative balance protection, best order execution, clear and transparent information, and financial services compensation plans。A professional account is more advanced, though, because FOS can be accessed。
According to statistics, 76 of Plus500's retail account owners.4% Losses on CFDs。Therefore, Plus500 always warns traders to consider their understanding of how CFDs work and their tolerance for taking on high loss risks before starting live account trading.。
Even so, Plus500 has earned the trust of traders around the world, opening some 39 million positions, having 304,000 active clients and processing billions of dollars in trading volume through its system.。
Plus500 always strives to provide the best service to its customers. One of the ways to achieve its goals is to give customers confidence in their trading activities。They have an easy-to-use trading platform and a specially designed mobile platform。Traders can access the Plus500 platform through web traders, iPhone / iPad and mobile apps。
On their platform, traders will have access to advanced tools such as stop loss limit, guaranteed stop loss, free email and market event push notifications, and price movement alerts, all of which can help traders better understand the market。
As for payment methods, Plus500 offers a variety of options such as Visa or MasterCard, e-wallets (PayPal and Skrill) and bank transfers (direct transfers between banks).。
If there are any concerns, hassles or trading issues, traders can contact Plus500's customer service, which is available 24 hours a day, 7 days a week。Plus500's official website can be accessed in 24 languages。
Overall, Plus500 has some advantages and disadvantages。Because it has a license from an elite regulator, traders can feel safe when trading at Plus500; it also provides a 24 / 7 support team to help traders。However, providing leverage up to 1: 300 is not suitable for high-risk traders, such as scalpers, who trade very frequently and hold short-term positions in the market, usually using high leverage。
Best Forex Signals: FXCM Trading Station
Nevertheless, the relatively high minimum deposit standard ($25,000) makes FXCM a broker for experienced, well-managed money traders.。Not recommended for new traders with limited funds。
FXCM offers an internal trading platform called Trading Station, which is widely recognized for its free trading signals. It also comes with an intuitive interface, customizable signals, free trials and SMS notifications。The platform's mobile app has been installed more than 500,000 times on the Google Play Store.。To use this application, you need to have Android 4.0 or later; if you are an Apple user, you need iOS 9.2 or higher。
Application Features
Trading Station offers great trading signals, plus a 14-day free trial。The service basically offers a range of trading ideas that can be applied to real-time trading。After subscribing, you will get advice on the best entry prices and exit points for up to 39 currency pairs。Keep in mind that there is no guarantee that these recommendations are accurate, so be sure to consider the risks before taking any action.。
In addition to the excellent trading signal service, Trading Station also has some other useful features, such as:
Real-time quotes for more than 56 currency pairs。
Real-time market news and research。
Real-time economic calendar。
Various technical indicators and drawing tools。
Interactive charting technology with 13 time ranges。
FXCM (Forex Capital Markets) is the brand name of a retail broker used to trade financial markets, especially the Forex market。The broker was founded in 1999 and was originally based in the United States.。After a series of lawsuits from clients and the settlement of cases by the US regulator (CFTC), FXCM moved from the US to the UK and became a broker authorized and regulated by the Financial Conduct Authority (registration number 217689).。
与FXCM trading is supported by enhanced execution through liquidity provider flow quotes from the FastMatch electronic communications network。
FXCM works with several global banks including Barclays Bank, Citadel Securities, Citibank, Deutsche Bank, FASTMATCH, XTX Markets Limited, UBS, Morgan Stanley, Commerzbank and Jefferies Financial Services, financial institutions and other market makers as their liquidity providers.。
This in turn makesFXCM is able to provide its customers with fast trade execution, competitive spreads, low negative slippage, no re-quotes, no stop / limit limits, and up to 89% of orders executed at the required price or better。
For trading platforms,FXCM is famous for its proprietary product Trading Station。The latest version of the web display for this platform claims to be built with Mac Friendly HTML5。It offers a range of trading devices such as integrated news, economic calendars, FXCM's top trading tools, social trading capabilities through FXCM Cloud, customized trading analysis, automated strategies and advanced charts for better analysis.。To support flexible traders,FXCM also offers a mobile version of Trading Station for iOS and Android users。
However, the company's internal platform is not the only option for customers。For more familiarCustomers of MetaQuote products, FXCM also offers the option of using MetaTrader 4。In addition, ZuluTrade is also available for clients interested in cross-broker replication trading schemes。
FXCM has chosen to offer trading accounts based on trading instruments rather than on minimum deposit classification account types。For FX traders, this broker offers Active Trader and Institutional accounts。
Active Trader is the ultimate account type for retail traders with two levels of pricing。Level 1 requires a minimum deposit of $25,000 and a commission of $30 for 1 million volumes, while Level 2 does not have details of deposit requirements but offers better fee conditions。The difference between the two grades is from 0.Start at 2: 00。
Institutional accounts, also known asFXCM Pro, marketed as a wholesale execution and liquidity solution for retail brokers, hedge funds and emerging market banks。The account offers from 0.1 point trading spread and other competitive benefits such as API solutions as well as prime brokerage services。
For nonFX Trader, FXCM offers a CFD trading account with low spreads from 0.37 points (in XAU / USD) and there are a range of asset classes, from precious metals, soft commodities and indices。
Last but not least, a series of in-depth articles are provided to help traders with their knowledge and insights into the Forex market。如Trading tools such as FXCM Plus, Market Scanner, Trading Signals and Technical Levels have also been developed to support traders opening accounts with FXCM。
In general,FXCM is an experienced retail broker with lots of "ammunition" to help traders with the best execution, pricing and tools。It is a well-regulated broker backed by a long history of financial markets, although the brokerage industry in the United States has a dark history.。
Best for American traders: TD Ameritrade's Thinkorswim
TD Ameritrade, a prominent US broker, was acquired by Charles Schwab in October 2020.。The broker offers all the services a full-service brokerage firm can offer, from forex trading to trading guidance。In terms of mobile platforms, Demaili Securities uses the Thinkorswim app as a companion to the desktop platform of the same name.。
Thinkorswim has almost all the features of a web-based platform, including futures and foreign exchange trading, zero commission stock trading, CNBC news feed, chat support, real-time quotes, customizable charts, and more, which can be installed directly from the Google Play Store。Currently, it has more than 500,000 installations worldwide.。
Application Features
Full access to the US stock market。
Access to over 400,000 technical indicators via FRED。
Access to a large number of financial instruments with real-time prices。
Social Media Sentiment Analysis。
Inventory Scanner。
Various risk management tools。
Provides ThinkScript for automated trading strategies。
Exclusive live market news and insights from CNBC。
Lightning order execution speed of 7 milliseconds。
The broker primarily targets US clients, so its services may not be available in certain countries such as Canada and Germany.。
From the above explanation, we can see that there are several trading platforms that provide excellent features for mobile users。Each has its own expertise, so they may be more suitable for certain types of traders。In this case, if you are currently looking for a trading platform, just match the characteristics of the platform with your trading style and preferences。Most importantly, always investigate the broker's safety and consider the risks。To try all the features, you can try a free demo account。
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