Easy to use and simple interface makes Webtrader attractive to many traders around the world, learn more about the advantages and disadvantages of Forex broker Webtrader in this article。

In foreign exchange trading, many platforms can be utilized, each with a wide range of functions, from basic functions to more complex functions suitable for experienced traders。Currently, the most commonly used platform for traders is Metatrader 4, a software that enables traders to trade through forex online intermediaries or brokers and monitor their accounts.。

However, for some people, installing software on the device is no longer efficient, so Forex brokers now offer clients an alternative to WebTrader trading。

WebTrader is a platform that allows you to trade Forex from any browser and operating system without having to install any additional software on your device。All you need is an internet connection, with just a few clicks, you can access the full account information and start trading。

Simply open the official broker website and you will jump to your account, open the price chart, analyze the price and execute the order immediately。The function is simple and effective, many people are very interested。

WebTrader Benefits

Easy access

The most obvious advantage of WebTrader is that it allows you to trade anytime, anywhere, whether at home, on the road or at a resort。All you need is a stable internet connection and the latest browser。It is highly recommended for those who have a tight schedule, high mobility, and need to jump from one place to another. They don't have much time to sit in front of a computer all day to monitor price charts, and can even log in from MT4 using the same account。

Faster, lighter performance

No need to install apps or software on your device, WebTrader is a lightweight platform that doesn't take up too much memory space on your device。This feature affects the overall performance of the platform, making it possible for traders who do not want or cannot install any software on their devices but still want quick access to their accounts。

Equipped with technical indicators

Technical indicators operate as tools connected to the web and manage to help traders analyze their positions and provide a different perspective on the market。They can provide many functions for long-term or short-term forecasting, such as reviewing historical data or viewing the current price of a currency pair。Various web-based platforms may offer different combinations of these metrics, so this must be considered before choosing a WebTrader。

More user friendly

Since most WebTrader's feature series is more limited than other platforms, it is ideal for new traders who are still learning and prefer to follow simple trading strategies。As a result, web interfaces are often more attractive and simple because complex functions are not provided on the platform。

Support social transactions

Social trading combines social networking and online trading, where traders can exchange their experiences and ideas about markets and trends, such as sharing their insights, discussing various trends, learning about each other's strategies, and more.。Some WebTrader offers this feature to attract novice traders who do not yet understand how Forex trading works in a more sophisticated way。eToro and Zulutrade are some of the trading platforms that offer social trading capabilities。

Binary options are more reliable

Binary options are financial products in which traders receive payments or lose money based on predictions of price movements over a period of time.。Binary options depend on the outcome of the "yes or no" proposition, hence the name。As one of the easiest ways to trade, binary options are usually available in WebTrader。

WebTrader Disadvantages

• The various platform displays between brokers can be confusing to traders, so they need time to fully understand when they first try to use WebTraders。
  WebTraders has a smaller range of technical indicators compared to MT4。
  For now, most WebTrader still focuses on simple trading, which makes it less compatible for traders with complex trading systems.。

Top 5 Forex Brokers Offering WebTrader

1. Instaforex

InstaForex is an international broker offering trading services to traders worldwide。Since its inception in 2007, InstaForex has served up to 7 million traders from various countries.。InstaForex, headquartered in Kaliningrad, Russia, is always committed to improving the quality of the company in order to attract the hearts of customers。

InstaForex's efforts are there for all to see, and one of them is winning various awards, including the 2018 Best Forex Cryptocurrency Trading Platform from the UK Forex Awards, the 2018 Best ECN Broker in Asia from IBM, the 2018 Eastern European Forex Broker of the Year Award from Lee, the 2016-2017 Financial Olympus Fonti Award, Development Award and Success Award, among others.。

InstaForex offers 4 types of accounts that represent a common trading tool that helps to operate on international financial markets, such as Insta.Standard, Insta.Eurica, Cent.Standard and Cent.Eurica。The type of trading account varies depending on the method of calculating spreads and commissions and is selected by the account opening trader。

Insta.Standard accounts are linked to standard trading terms on the Forex market and allow trade settlement using classic spreads with no fees。Traders are charged a fixed spread every time they make a trade, with a spread range of 3-7 points。The main advantage of this type of account is its versatility, as the trader can change the trading leverage and use the convenient trader's deposit size。

with Insta.Standard account is different, Insta.The Eurica account does not need to pay any spreads when opening positions.。Therefore, such InstaForex account is suitable for a minimum trading volume of 0.01 hands of a beginner trader。

InstaForex also has other types of accounts, namely Cent.Standard and Cent.Eurica, available for beginners because they can use the smallest trading volume, which is 0.0001 lots (cost per lot is 0.1 cent)。The deposit currencies available to traders are EUR and USD (for all types of accounts)。

Trading at InstaForex is taken for granted as traders can choose to trade with leverage between 1: 1 and 1: 1,000。Since the minimum initial deposit requirement is only $1 (for all types of accounts), InstaForex customers have the opportunity to receive a 30% to 100% deposit bonus。

Not only that, beginners will not be confused when determining a forex trading strategy because the ForexCopy service provided by Instaforex allows traders to copy orders from professional traders in just a few minutes。

In addition, InstaForex provides traders with about 300 trading tools, in addition to currency pairs, there are futures, stocks, gold, silver, CFDs, Bitcoin, etc.。

Every InstaForex client is free to choose the trading platform that suits their needs。There are four types of trading platforms available, including InstaBinary, WebIFX, MetaTrader4 and MetaTrader5, each with advantages and disadvantages。InstaForex also offers video tutorials on how to register on each platform with the aim of making it more convenient for beginner traders who want to join InstaForex。

If traders are still confused after watching the video tutorials, traders can reach out to customer service 24 hours online via various social media including email, Skype, Whatsapp, Telegram, Viber, Twitter and phone。About 30 languages are available on the InstaForex website to facilitate traders from different countries。

Traders can also use the trading calculator available on the InstaForex website to help themselves and can accumulate currency pairs, leverage, trading volume and currency used。

InstaForex also has a variety of payment systems, with traders paying for deposits via Visa, Mastercard, Skrill, Neteller, PayCo and wire transfers.。All in all, InstaForex is a comprehensive broker for many types of traders。

Instaforex is one of the most discussed brokers among traders and one of the few to offer an in-house WebTrader product (developed by their own team)。InstaForex WebTrader is a unique product that allows traders to place orders, manage accounts and monitor the market in a browser。

In general, Instaforex WebTrader has three unique interface features: Classic, Dashboard, and Chart。You can easily access price charts and perform technical analysis using various indicators and objects。Compared to other web traders, Instaforex's web platform has a fairly complete range of analytical tools to help traders, even if their charting functionality is still based on TradingView.。Not only that, InstaForex also offers a news feed page to display updated news in its WebTrader。The only drawback is the appearance of the platform, the overall look monotonous。

2. FBS

Since 2009, FBS Holding Inc.(FBS) achievements in the field of foreign exchange transactions have been recognized by various international institutions.。As of 2019, the number of FBS clients reached 14 million, winning the most transparent Forex broker in 2018, the best investor education in 2017, the best customer service broker in Asia in 2016, the IB Forex program and many other titles.。

FBS is regulated by Belize IFSC and Cyprus CySEC。The broker is trusted by millions of traders and 370,000 partners from all countries.。According to the data, FBS has about 7,000 new trader and partner accounts every day.。And, 80% of customers will stay in FBS for a long time。

Trading products offered by FBS include Forex, CFD, Precious Metals and Equities。For Forex trading, CySEC-regulated FBS provides leverage of up to 1: 30 for cent accounts and standard accounts。Customers who want to try higher leverage can also register an account with FBS Belize。

In all types of accounts, the spread is from 1 point。Volume orders in standard accounts can be 0.01 to 500 lots, it is recommended that experienced traders use the account。

And on the cent account, bulk orders can be executed up to $500 breakups or the equivalent of 5 standard lots.。Cent accounts involve varying degrees of risk。FBS recommends cent accounts to beginners。All account types support the following trading instruments: 28 currency pairs and 2 metals。

Before entering the real Forex market, traders can practice using the FBS demo account, which is divided into two types, namely standard account and cent account。

Using the MetaTrader 4 and MetaTrader 5 platforms, FBS provides services on Windows and Mac, as well as Android and iOS mobile devices, providing traders with a trading experience at their fingertips, allowing traders to trade anytime, anywhere。

The MetaTrader platform also has a variety of key features, including the creation, purchase and use of Expert Advisors (EA) and scripts, one-click trading and embedded news, technical analysis tools, documentary other traders, hedging positions and VPS service support。

Another advantage of FBS is that customers who meet specific requirements receive a 100% deposit bonus and the deposit and withdrawal process is fast and convenient.。According to the customer, in addition to holidays, usually no more than 3-4 hours。

In order to increase the security of client funds, FBS also offers segregated accounts where 70 per cent of funds can be deposited with the client's bank; in addition, the margin is between 10 and 100 per cent.。If the trader loses funds in the course of trading but is insured, FBS will refund the trader's funds。

Traders have the opportunity to develop a side business when trading with FBS, i.e. as an economically recommended (IB) or affiliate。The commission provided by the FBS partner system is already at level 3, and traders can only earn additional income if they introduce new customers to FBS according to certain procedures。

Traders will also gain trading education experience at FBS。They have prepared a comprehensive foreign exchange course divided into 4 levels: beginner, beginner, intermediate and advanced。Traders can take courses that transform them from novice to professional, all materials are well structured。In addition, FBS offers a variety of forex analysis, webinars, forex news and daily market analysis that can be easily accessed on its website。

Traders can visit the official FBS website, which is available in multiple languages, including English, Dutch, Italian, French, Portuguese, Indonesian, Spanish, etc., and also provides live chat support 24 hours a day, 7 days a week。

In summary, FBS is a well-known broker among global retail traders。Due to flexible trading conditions, customers are able to use a variety of instruments for trading, low deposits, etc.。

FBS is also one of the best-known brokers in the market, especially for retail traders.。They just released the MT4 WebTrader a few years ago and since then it has gained a lot of popularity.。Like InstaForex WebTrader, FBS's MT4 WebTrader is also available for trading on both demo and real accounts。

 3. AGEA

There is no more reason for traders to view deposit conditions as an obstacle when opening a trading account, at least at AGEA。The broker offers a no deposit plan for new traders, so they no longer need to prepare any funds as deposits。The free funds amount to $5 and are offered exclusively to Streamster customers; in addition, AGEA offers $10,000 in virtual currency, which is intended to practice trading。

Another advantage that traders can get from AGEA is the low spread。The lower the spread set by the broker, the greater the chance that the trader will make more profit。AGEA also offers trading facilities in the form of swap-free。All trading accounts registered with AGEA are free of swap fees, ideal for beginners and professional traders。

AGEA provides facilities to help clients make the company one of the most trusted brokers for traders around the world, with the registered company name AGEA International AD。Since its establishment in 2005, AGEA is headquartered in Montenegro, South-East Europe.。Headquartered in Montenegro, it helps AGEA be regulated by the Markets in Financial Instruments Directive (MiFID)。To ensure the quality of service, AGEA constantly works with legal and compliance experts to ensure that they fully comply with relevant local and international laws and regulations。

With the security of AGEA funds, the convenience of traders also increases。Customer funds held by AGEA are kept in separate bank accounts at local and international banks in accordance with relevant laws and regulations。

AGEA provides services through multiple trading platforms, with Streamster, AGEA's proprietary platform, being an example。On this platform, traders will get a comfortable and simple trading experience。Streamster is also a powerful platform with APIs for algorithmic trading。Streamster's interface is considered user-friendly and easy to use. On a Streamster account, traders can use 1: 100 leverage to trade。

In addition to the Streamster platform, AGEA also offers MetaTrader 4。It is a programmable trading platform for traders who know how to code, provides the tools and resources needed to analyze the price dynamics of financial instruments, and integrates into Expert Advisor。In addition to currency pairs, traders can also trade using other instruments such as CFDs, gold and silver。

The process of opening an account at AGEA is simple and quick, traders only need to fill out the registration form online, it takes only 5 minutes to fill out the form, and provide the necessary documents for the investigation before trading。

You can check the processing speed when you deposit or withdraw money, and AGEA is known as the broker with the smoothest system in the payment process.。They offer a variety of deposit and withdrawal methods, including credit cards, Skrill, Neteller, FasaPay, WebMoney, wire transfers and more。

When joining AGEA, traders can also find unique partner programs while gaining additional benefits, which are called affiliate programs.。GEEA's partners can refer customers to AGEA by sending them coupons via the website or by email。For each real-time position closed on the Streamster trading platform, the partner will receive a commission worth 15 points。

For example, if the partner's clients sometimes close out about 15-20 positions a day, they can earn hundreds or even thousands of dollars a month simply by referring the client to AGEA。In addition, there is no charge for participation in the program。

And the assistant program。It offers existing members of its affiliate program the opportunity to work more closely with AGEA.。To apply for the AGEA Assistant Program, partners need to have a regular customer account。If traders are still confused, traders can contact AGEA Team Support via email and live chat。

Based on the above review, it can be concluded that AGEA offers so many special programs for its customers that both beginners and professional traders have a great opportunity to optimize their income。For novice traders, they can benefit greatly from AGEA's No Deposit Bonus。

In the long run, AGEA (or formerly Marketiva) has been offering a proprietary platform model, and its Streamster is now also accessible over the web.。Although many technical indicators are not yet available, AGEA's Streamster network is able to accommodate new traders and professional traders.。Provides basic functions such as chart prices and order options, as well as updated news, basic financial calendars and online chat services。In addition, the time frame option is quite practical for scalpers。

 4. OctaFX

OctaFX is one of the most famous brokers in the world and has won many awards for its very comfortable trading atmosphere and close-to-client service。OctaFX was founded in 2011 and is headquartered in Nicosia Strovolou 47, Kyros Tower。

OctaFX has received authoritative awards including "Best ECN / STP 2019" and "Best Broker in Asia 2019" from FX Daily Info; the Best Broker in Asia 2018 from Global Banking and Finance Review Magazine; and the Best Forex Broker and Best Trading Conditions 2018 from European CEO Magazine.。

For traders in most countries, OctaFX is licensed by Octa Markets Incorporated and registered in Saint Vincent and the Grenadines.。The broker also offers various facilities, such as live chat in Indonesian and WhatsApp support services, and deposits and withdrawals can be made through various local banks.。OctaFX does not charge a commission for every deposit and withdrawal made by a trader。

OctaFX offers different types of accounts that use market execution (STP / ECN) and 0.Floating spread of 2 points。All accounts of the OctaFX broker allow the use of various forex strategies, including scalping, hedging and trading with an EA。

There is also a fixed exchange rate discount when opening a Micro MT4 account.。All deposits made in IDR will be calculated at the exchange rate of US $1 = Rs 10,000 and will be credited to the trader's account balance。In addition, Muslim traders who want to avoid overnight interest can also use a no overnight interest account。

OctaFX trading is also suitable for novice traders。Because OctaFX offers low spreads, from 0.0 points to start floating, the required initial deposit is also very low, only $25。Account currencies are USD and EUR。

OctaFX gives 50% bonus every time a trader makes a deposit。and OctaFX's opening opportunities increase, deposit bonuses can be withdrawn on terms and conditions。

If traders are still confused about calculating profits, the OctaFX platform provides a trading calculator for each account type, where traders simply enter the currency pair being traded, the amount of leverage, the number of lots, and the type of currency used in the account。

With the Autochartist function, the opportunity to make a profit is also increasing。Traders are quickly notified when a trade shows a profit signal。Trend prediction accuracy reached 83%。

Traders do not need to worry about the security of the broker's funds, OctaFX uses segregated accounts and protects personal data and online financial transactions through SSL technology, which is adjusted according to international accounting standards and regulations.。

Another advantage offered by OctaFX is the Trade & Win program。Opening an account with OctaFX will give you the opportunity to collect lots, which can be accumulated into a variety of attractive prizes. Traders only need to open a real account on MetaTrader4 or MetaTrader5 through OctaFX to redeem the prizes for this promotion. Prizes include T-shirts, Android smart watches, smartphones and laptops。

OctaFX often has bonuses and other promotions, the broker runs weekly trading competitions on demo accounts and offers real bonuses that can be used for trading。

One of the prize contests is the OctaFX Champion-MT4 Demo Contest, with four winners per period and a total prize of $1,000.。

In addition to holding regular trading competitions, OctaFX also offers a web version of cTrader - an MT4 competitor that many brokers currently offer.。The advantage of cTrader is that it looks beautiful and gives a "clean" impression。In addition, many users claim that cTrader is more accurate and executes faster。Finally, the platform also provides direct access to the market, making it more suitable for ECN trading。

OctaFX no longer seems to view cTrader as an alternative platform, as their trading account options are now more integrated into platform types including cTrader.。

 5. Avatrade

For novice traders themselves, AvaTrade offers a relatively easy-to-use, simple web interface and plenty of educational materials to help them master the art of successful trading and investing.。With just a few clicks, traders can learn from comprehensive video tutorials on topics ranging from trading basics to more complex strategies, especially how to use all the assets and tools of the trading platform itself, as well as risk management and safe trading tutorials。

Conclusion

WebTrader is very convenient to use, whether for novice or professional traders, you can log in to the online page and start trading without making extra space in the device or installing software。

However, WebTrader is not without its flaws, as most of their features are still limited compared to the installed trading platforms, so traders must carefully consider their needs when choosing a trading platform。If you are still new to online trading, try to find a broker that offers a demo or trial on its web-based platform so you can see if it is right for you without risking any real money。

A demo account will not only help you experiment with trading platforms, it will also be very beneficial for new traders as they are able to trade in real markets using (almost unlimited) virtual currencies。To find the ideal broker, visit Forex Demo Account。