Dukascopy Awards View why Dukascopy stays ahead of the competition! So why is MetaTrader considered the best trading platform? Sign Up For Newsletter and Daily Commentary Join our mailing list to receive daily market news and monthly newsletters, delivered directly to your inbox. Automated strategy Create your own strategy in 30 minutes.
Traders looking to scout out the best forex trading platforms should factor this into their calculations before making a final decision on which company to proceed with. Pepperstone is able to offer clients some of the tightest spreads available in the world due to their access to tier 1 liquidity from some of the largest banks in the world. Pepperstone offers leveraged trading of It should be noted that internationally, any leveraged trading exceeding Pepperstone offers forex traders to choose the level of leverage that suits their level of risk appetite and experience.
This occurs when they look for the best foreign exchange trading platform for their needs. At Compare Forex Brokers we review the top forex brokers with the Australian trader in mind. After completing our Pepperstone review, we came to the conclusion that traders can trade currency with confidence with Pepperstone knowing they are stringently regulated and certified under strict Australian law.
There is also a webtrader which means you can trade on any computer without the need to download software which is great for those travelling interstate of overseas. Pepperstone has the most comprehensive range of payment methods with most offering instant funding options to start trading faster. The newest addition is Paypal which is one of the worlds most popular and secure payment platforms. Below shows the range of payment options for the forex online broker.
You may feel that the top forex trading platform is IG, EasyMarkets etc but this makes is more difficult down the track to switch currency brokers. As a rule of thumb, when deciding which forex trading is the best, you should consider the popularity of the platform as a long-term consideration. The EasyMarkets platform is recommended for beginner forex online traders based on the ability to:. The retail forex platform share accounts as well as templates making it easy to access either when trading.
The stars above came from ten criteria that all forex traders should consider when currency trading:. The most basic version available when currency trading are web based forex trading platforms. These web based versions rarely have the functionality of the downloaded fx trading platforms and can have latency issues.
Customisation options can also be limited. This enables all features and customisation to occur and for the fastest trading experience to be made possible. These downloads also assists with automation and more sophisticated currency strategies. Often features are limited within these apps but the main trading options can still be implemented.
These devices are most commonly used to monitor currency markets or end trades rather then actively trade in the market. Compare Forex brokers is run by a team of Australians that have operated with CFDs financial service providers for over a decade. To determine them most popular forex trading platform and best forex broker a list of providers and reviews were created leading to the best forex trading platform comparison table above.
The key factors that led to these brokers not been included was the forex platform they used, spreads and leverage. The best forex broker table was updated in July based on the currency trading Australia provider websites and product adjustments. Currency traders should consider the contents on this site in combination with the most up-to-date content on CFDs providers websites. CFDs are leveraged products.
CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved. Forex Trading Platform Acting as a conduit between a trader and broker the forex trading platform is the most important software of any forex broker. Cuts out a dealing desk? Number Of Currency Pairs Offered? From 2 Pips The 7 best trading platforms on offer including MetaTrader 4 The fastest execution speeds A raw Electronic Communications Network ECN guaranteeing faster settlement and more accurate prices.
Spreads from just 0. Metal and currency 70 trading facilities. Australia Platform Guides Learn about the components to consider when choosing a platform for forex trading. Australia Currency Trading Learn of the benefit and risks of currency trading and how brokers impact forex trading. Technology continues to improve, and when it comes to mobile trading, our MT4 mobile solutions allow you absolute freedom to trade anywhere, at anytime with a range of mobile trading apps. For those getting started with MT4, we have a few tools to help you navigate around the platform with ease, including video and written tutorials.