What to consider on selecting Forex trading platform?

Discussions about trading the Forex markets.
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oem7110
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What to consider on selecting Forex trading platform?

Post by oem7110 »

I would like to know on what to consider on selecting Forex trading platform.

such as lower spread, rollover rate, ...

Other platform promotes this advantage on lower slippage, does anyone know what lower slippage is about?

Furthermore, is there any ranking reports on market platform?

Does anyone have any suggestions?
Thanks in advance for any suggestions
soumailaadamou
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Re: What to consider on selecting Forex trading platform?

Post by soumailaadamou »

I'm a fan of mt4 trading platform that is an excellent trading platform very user friendly, easy and full of useful trading tools. if another trading platform has the feature I would be near a try.
oem7110
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Re: What to consider on selecting Forex trading platform?

Post by oem7110 »

Thank you very much for suggestions :>
sinkpretend
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Re: What to consider on selecting Forex trading platform?

Post by sinkpretend »

Whlle choosing a trading platform you shold be aware of some of its specifications like:

· Is it free or costs you some charges and what are the features available?
· how charting component are displayed and what technical details they display?
· Can you trade via charts or not?
· What is the order interface? What types of orders are available?
· how convenient is the history option?
· Does the platform allow for backtesting of strategies?
· Is the GUI conducive to monitoring a lot of information at once?
· Does the platform have an API that allows additional software or programming?

They are the basics and choose the one that suits you best
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