Best forex trading platform 2021

Ctrader is a forex and CFD online trading platform developed by software systems ltd as a complete forex trading solution for brokers.

Best forex bonuses

Forex Trading Platforms 2021, best forex trading platform 2021.

Ctrader offers fast entry and execution, level II pricing, a complete range of orders. UTIP platform is a ready-made set of programs for business organization on the currency markets. Platform automates all the necessary business-processes, it contains built-in system of orders execution and protects your data store from unauthorized access. Your clients will have all the types of modern and convenient trading terminals.

Forex trading platforms 2021

Metatrader 5 is the world-famous forex trading web platform that provides wide opportunities for brokers who have different accounts. Metatrader platform allows trader to switch quickly between accounts and windows making.

Metatrader 4 platform is one of the most widely used forex platforms in the world. It is suitable both for novices and for experienced traders. Metatrader 4 review considers the software as leading platform for automated trading.

Ctrader is a forex and CFD online trading platform developed by software systems ltd as a complete forex trading solution for brokers. Ctrader offers fast entry and execution, level II pricing, a complete range of orders.

Give your trading edge a boost and access exclusive technical analysis trading signals across 50+ FX pairs and share cfds from 40+ global exchanges! Start trading with an award-winning forex broker, vantage FX.

Metatrader 5 mobile is the version of the world's most famous trading platform MT5 for mobile devices on andrion and IOS, both for iphone and ipad. Metatrader5 mobile platform has almost no differences from the MT5 desktop version.

Metatrader 4 mobile trading platform has almost no differences from MT4 desktop version. Metatrader 4 mobile works on all mobile devices, smartphones and tablets, on android and IOS. Metatrader 4 mobile allows a trader leave their stationary workstation whenever necessary.

The mirror trader platform is an advanced solution for forex traders. Mirror trader as well as any other platform allows traders to commit the transactions but the way of it is completely different. This platform allows traders to avoid excess number of news and data focusing on the main indicators.

CQG trader is a professional trader's go-to platform which includes analytics, charts, and multiple trade execution interfaces in one comprehensive solution. CQG qtrader offers many of the same features available in our flagship product, CQG integrated client.

Zulutrade platform is an online solution intended for account managing using signals from professional traders in the currency market. Today zulutrade is one the most popular software that is used by brokers on world markets. This solution provides a stable and effective trading.

Multicharts trading platform offers high-definition charting, built-in indicators and strategies, one-click trading from chart and DOM, high-precision backtesting, brute-force and genetic optimization, automated execution and support for easylanguage scripts are all key tools at your disposal.

Gain access to real-time trade signals based on technical analysis and fundamentals covering 50+ FX pairs. Level up your trading skills and open a live account with the award-winning FX and CFD broker, moneta markets.

Ninja trader platform is the whole complex of useful features with friendly interface that allows user to make a successful and easy trading. The functionality of ninja trader software is easy to understand so both the novices and the experienced traders could use it with no problems.

UTIP platform is a ready-made set of programs for business organization on the currency markets. Platform automates all the necessary business-processes, it contains built-in system of orders execution and protects your data store from unauthorized access. Your clients will have all the types of modern and convenient trading terminals.

Tradestation offers state-of-the-art trading technology and online electronic brokerage services to active individual and institutional traders worldwide. Tradestation innovative trading and analysis platform provides one-click access to all major exchanges and market centers.

Thinkorswim is a fully customizable software provides access to elite trading tools that give you the power to test your strategies, develop new ideas and execute even the most complex trades. The latest addition to the thinkorswim suite, this web-based software features a streamlined trading experience.

The prorealtime trading platform is a technical analysis software developed in france by IT-finance. The platform is unique as it is a web-based software that is backed up on the company's cloud network. The platform itself offers a wide range of advanced charting and analytical tools, as well as the ability to create customised market scanners.

Tradespoon trade intelligence platform is an invaluable, user-friendly set of tools that allows traders to quickly determine exactly what, how, and when to trade - putting profitable trading within reach! Tradespoon reviews graphs depicting the historical performance of each stock to help forecast future performance.

Unlock market coverage and price events across more than 35,000 currencies, stocks, indices and more! Gain insights into what moves the market with market buzz when open and fund a moneta markets live account with $500 or more!

Esignal trading platform is a tool that provides wide opportunities for every broker. Esignal allows scanning and analyzing all of the data connected with currency market. Esignal uses indicators and charts to make technical analysis even more accurate. Esignal trading is available for professional brokers as well as for beginners on forex.

Currenex is a market-leading technology provider offering the FX community high-performance technology and deep pools of liquidity for anonymous and disclosed trade execution. And with many significant market liquidity sources connected to our venue, currenex is a premium source for FX liquidity in the market.

Active trader pro is a unique platform offered by the most popular forex brokers. This wide spread software allows a lot of useful functions for any trader independently of trader's level and skills. The popularity of active trader platform is due to its opportunity to receive all the information about market liquidity.

Vertexfx trader platform is a great professional solution for working on international currency markets. Vertexfx is actively updating and has a lot of modern trading tools, great features and instruments for professional trading. Vertexfx trader forex is a powerful solution for investors and traders.

Jforex platform supports working with most popular systems and uses a real time data. Jforex traders can create pairs of currencies, depending on their trade strategies and play modes. Almost 200 jforex indicators are available in the interface and also there is a regular follow-up of the currency market situation.

Trading station is FXCM's proprietary forex and CFD trading platform that offers powerful analytical tools for chart traders, advanced functionality & more. The new trading station web 2.0 platform is built in mac friendly HTML5. It has a fresh modern look and a cleaner, more intuitive user interface.

Generally, you should be looking for a platform that is simple and user-friendly so that you can master it really fast. You should not underestimate the importance of a trading platform, as this is going to be your basic instrument for currency trading. Of course, it won't guarantee you the triumphant success, but it has to be suited to your personal trading style, traits of character, and level of expertise so that you pursue your aims without a hitch. We also recommend to read our guide TOP 10 best forex trading platforms.

Automated trading systems are an opportunity to create passive earnings in the financial markets for all users. Successful and proven strategies are integrated into the algorithm of advisers, which will make it possible to earn on the pricing of assets without delving into the subtleties of technical analysis. We present the top 10 forex advisors including equilibrium, excalibur, night owl.

Top 10 forex advisors 2021

Top 10 forex brokers 2021

A variety of web terminals and specialized software makes a choice of a trading platform a difficult one for a novice trader. What should be this vital decision based on? To begin with, it is necessary to highlight the main criteria that high-quality software must meet for making money on financial markets.

Top 8 best trading and forex signal providers in 2021

Forex markets are brutal and uncertain territories to explore but at the same time, it oﬀers an immense opportunity to build wealth, prosperity, and enable you to achieve your financial goals in no time.

It is nearly impossible for everyone to be an expert but the great news is you don’t have to be an expert to take advantage of such rewarding opportunities that come at your door every single day.

All you need is a reliable, trustworthy, verified, and well-established trading and forex signal provider who will do all the heavy lifting and you would just need to take a position and see your profits grow.

With that being said it can be a highly daunting task to find a forex signal provider you can rely upon, especially when the market is flooded with false claims and more than 150 providers.

Therefore we have compiled a detailed analysis for you showcasing 8 best trading & forex signal providers with an extensive detailed review to help you choose the best forex signal provider for yourself.

List of best trading and forex signal providers

forex signal providers	price	signal frequency	results	strategy adopted
1. Elliott wave forecast	14 days free trial and later subscriptions $99.99 – $399.99 per month	personalized services	verified	all strategies covered
2. Learn 2 trade	£35 per month	between 3 – 5 each day	verified	all strategies covered
3. MQL5	$20-$50 per month	depends upon the provider	verified	all forex trading strategies covered
4. Forex signal factory	free	over 15 each day	available but disorganized	not disclosed
5. FX leaders	$39 per month	90 – 100 per month	provided but diﬃcult to verify	mostly technical indicators
6. Wetalktrade	$79.99 per month	90 – 100 each month	provided but diﬃcult to verify	mostly technical indicators
7. Forexgdp	$84 – $147 per month	2 – 25 each month	diﬃcult to verify	commodities, news analysis, and trend reversals
8. Signals premium	based on broker deposit	not disclosed	diﬃcult to verify	automated technological analysis

1. Elliott wave forecast

Being one of the largest technical analysis firms in the world, elliott wave forecast oﬀers a wide range of asset groups including forex, commodities, crypto currency, world indices, U.S. Stocks & ETF.

With such varied asset groups, you can conveniently benefit from almost every upcoming market opportunity and make exponential profits.

The other aspect the makes elliott wave forecast one of the best forex signal providers is its team of experts. As they say, profits can only be in the market when there is solid research behind your decision making.

Hence at elliott wave forecast, you can bank upon the experience of 10+ market analysts with an extensive background in the financial market and technical analysis. Experts include eric morera (founder & chief strategist), daud bhatti (partner & senior analyst), hendra lau (analyst & live trading room host), lewis jones (analyst), hassan sheikh (analyst) aidan chan, vlada bojic (chat moderator), robb hutzal (analyst) and helgi diehl (chat moderator).

With the above-mentioned names, it is quite evident that elliott wave forecast intends to provide transparency to the users and this immensely enhances their credibility and reliability.

When it comes to service delivery, elliott wave forecast offers a 14 days free trial to its users before any commitments which is a very rare facility to find these days when it comes to forex signal providers making it the best free forex signal provider. This also provides users with an opportunity to get the experience of the platform & builds a long term trust among clients.

Price: oﬀer free 14 days trial and later subscription plans can be opted ranging between $99.99 – $399.99 per month

Signal frequency: oﬀers personalized services with trading education for an all-round experience

Results: verified

Strategy adopted: all strategies covered

2. Learn 2 trade

One of the trusted forex signal providers, learn 2 trade is known to provide real-time market analysis, trending news, forex trading recommendations as well as ideas.

Learn 2 trade offer their services in various premium plans where a user can choose among monthly, quarterly, bi-annually, or lifetime access account to get daily forex signals and daily forex analysis. If you are into investing in stocks do research and invest in best day trading stocks.

Being one of the best forex signal providers in the UK, learn 2 trade services begin from £35 and go up to £250 for a lifetime account.

Price: starting with £35 per month

Signal frequency: between 3 – 5 each day

Results: verified

Strategy adopted: all forex trading strategies are covered

3. MQL5

Being one of the most unique and diversified platforms, MQL5 is one of the major resources for forex MT4 & MT5 platform users making it one of the best trading platform for forex. Its unique facilities include a web terminal to provide a full-featured technical analysis platform, social trading facility, and an open marketplace for trading services like applications, hosting services, and others.

Putting more emphasis on performance instead of a stereotypical approach, allows any trader with forex trading experience to offer signals and solely judges the traders on the basis of their performance.

Such a unique approach provides users to experience a diversified network of traders globally.

As this is a competitive marketplace for traders to provide forex signal services, therefore every trader has a different price point for their services depending upon their historic success rate.

However at an average, the service price ranges between $20 to

$50 for the majority of services and all the results claimed are verified.

Price: averaging between $20-$50 per month

Signal frequency: depends upon the provider you choose as this is an open platform

Results: verified

Strategy adopted: all forex trading strategies are covered

4. Forex signal factory

Fairly a new entrant and a much lesser-known forex signal provider, forex signal factory is one of the best free forex signal providers in the industry.

It is natural to doubt a forex signal provider with dependable services if not the best services, to offer these services for free and definitely can make you raise your eyebrows.

However, forex signal factory has been in the market for the past 3 years and has gained a reputable position among traders.

With its increasing following on social media like twitter and facebook, forex signal factory is determined to become one of the best daily forex signals providers.

Moreover, forex signal factory is the best forex signal provider for beginners as you can get a first-hand experience of forex trading analysis without spending any money.

Talking about the drawbacks, one of the major limitations of this forex signal provider is that the results are provided but are entirely unorganized. Therefore if you would like to verify their forex signals then it would be immensely challenging and require a lot of work.

Price: free

Signal frequency: over 15 each day

Results: available but disorganized and diﬃcult to verify

Strategy adopted: not disclosed

5. FX leaders

Being a well-known forex signal provider backed by smart financial traffic ltd., FX leaders provide forex signal alerts through multiple media like mobile, sound as well as email alerts.

FX leaders follows a similar approach to that of other forex signal providers with free signal offerings and then charging for premium access.

Varied strategies are adopted by the platform by utilizing the most popular technical analysis tools like support & resistance levels, fibonacci, bollinger bands, breakouts as well as various oscillators and stochastic indicators.

When it comes to results, FX leaders does provide a reference report every 6 months with all the signals as well as monthly gain or loss however none of these trades are verified.

Price: $39 per month

Signal frequency: between 90 – 100 per month

Results : provided but diﬃcult to verify

Strategy adopted: mostly technical indicators

6. Wetalktrade

Even after being a newbie, wetalktrade has built strong popularity and reputation among traders. One of the reasons that make wetalktrade the best forex signal provider is its application services through which they deliver their services.

Moreover, wetalktrade adapts to the new age technical demands with their app which is compatible with both android as well as ios and offers services through instant notifications.

Post-in-depth analysis of their results it is difficult to comment on their claim of providing an 85% success rate on 12 currency pairs. We weren’t able to find any verified results backing their promise of an 85% success rate and it will be wise to assume that this number is most probably a guesstimate.

Price: $79.99 per month

Signal frequency: between 90 – 100 each month

Results: provided but diﬃcult to verify

Strategy adopted: mostly technical indicators

7. Forexgdp

Considered one of the best forex signals providers, forexgdp has made a name for itself in forex signal providing services. Forexgdp offers trade alerts with targeted gains of around 300 – 1500 pips each month.

Being focused more on quality and aiming to provide trades with a high probability of profitability, forexgdp provides a limited number of signal recommendations. In fact, after reviewing their signal frequency we can deduce that they offer an average of only 2 – 20 forex signals each month.

The reason why forexgdp is one of the most sought after forex signal provider is its free package offerings that provides 2 to 4 recommendations and can be beneficial for beginners to get free forex signals online.

Price: between $84 – $147 per month

Signal frequency: between 2 – 25 each month

Results: diﬃcult to verify

Strategy adopted: mostly based on commodities, news analysis, and trend reversals

8. Signals premium

Being one of the best forex signal providers in the UK, signals premium is a specialized platform that offers trade alerts for forex traders as well as cryptocurrency enthusiasts.

Their focus is to provide around 16 signals per day and deliver around 60% to 80% success rate, which sounds pretty reasonable.

Headquartered in the united kingdom, signals premium also runs various other providers like signals tips, signals place, primer signals, signals, and few others.

One thing to be wary of is the negative reputation all the brokers have gained due to bad reviews and lack of regulation.

This impacts signals premium tremendously as the platform requires the user to put a deposit with one of these brokers to sign up and with such a negative reputation, it will be natural for users to be hesitant.

Moreover, the forex signals results are also not verified raising many questions. Their claims made on the platform also could not be verified and naturally raises few concerns about their transparency.

Price: based on broker deposit

Signal frequency: not disclosed

Results: diﬃcult to verify

Strategy adopted: automated technological analysis

Other forex signal providers worth checking

Conclusion

Conclusively, it is quite evident from the above-mentioned details that all 8 forex signal providers are best in many aspects, however, it is always suggested to choose the forex signal service provider who is transparent, reliable, and focuses on long term business relations with its clients.

Therefore considering all these factors, elliott wave forecast trumps all the rest of the providers with its state-of-the-art technological platform, reliable customer service, and convenience of access to over 75 instruments under one roof.

About elliott wave forecast

Elliott wave forecast is a leading technical analysis firm helping traders around the world make smarter trading decisions. Daily coverage of stocks, etfs, indices, forex, commodities, bonds & cryptocurrencies.

Forex trading platforms 2021

For over 20 years, FIBO group has been creating better working conditions for traders. These include 260 trading instruments, spreads starting at 0 pips, high execution speeds of 0.03 seconds or better, trading accounts in USD, EUR, RUB, CHF, GBP, BTC, ETH, gold, and cent accounts. Depositing and withdrawing your funds is fast and convenient. Experienced consultants are here to answer all of your questions. We have long-term statistics for testing any trading strategies. We provide all versions of the MT4 and MT5 trading platforms for the web, android, and ios.

Who said you can't have trading platforms, and trading analysis tools too? In fact, at excentral, we believe you can't really have one without the other, which is why all your fundamental and technical analysis tools are available for free (even with no registration needed). So get your trading started the right way, by checking all the upcoming economic events and releases, double-checking your calculations and seeing what charts, indicators and analysts are anticipating. Did we mention it's free?

Now, when you open a moneta markets live account, you'll get an extra 50% trading bonus whenâ you deposit $500 or more! Take advantage of 300+ tradable instruments and start trading with moneta markets.

Top 10 forex advisors 2021

Top 10 forex brokers 2021

Fxdailyreport.Com

Till about a decade ago, you had to make use of the telephone if you wanted to invest in the financial markets. You had to call up your broker for placing as well as closing orders. Introduction of online trading has, however, simplified every aspect of the investment process. You can carry out trades from the convenience of your home or on-the-go using the platform provided by brokers. Sounds simple, but the problem is there are umpteen number of forex brokers that offer trading platforms out there in the market. And, you need to work with the best forex broker if you want to achieve your financial goals. So, it all boils down to identifying the right broker to work with and it is definitely not an easy task. Read on to find out as to how you can identify the best forex brokers. In this post, various aspects you need to take into consideration when choosing a forex broker are discussed in detail so that the selection process becomes simpler and easier for you.

Top recommended and the best forex brokers for 2021

info	bonus	open account
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec	50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win.	Visit broker
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC	$100 no-deposit bonus, 100% deposit bonus	visit broker
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize	“50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program”	visit broker
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN	35% of the account deposit	visit broker
min deposit: $100 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA	visit broker
min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202	visit broker
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK	visit broker
min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC	visit broker
min deposit: $10 spread: leverage: regulation: cysec	-	visit broker
min deposit: $200 spread: from 3 pips leverage: 400:1 regulation: NFA, FCA, cysec	visit broker
min deposit: $100 spread: starting 0 pips leverage: up to 500:1 regulation: FCA UK, ASIC australia, MAS singapore	visit broker
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS	30% forex deposit bonus	visit broker
min deposit: $250 spread: as low as 0.1 pips leverage: up to 400:1 regulation: ASIC australia and FCA UK	visit broker
min deposit: €100 spread: the spread can be as low as 0.01%” (0.01% = spread for EUR/USD) leverage: 1:294 regulation: ASIC, cysec, FCA (UK)	visit broker
min deposit: $100 spread: starting from 0.9 pips leverage: 400:1 regulation: MIFID, FSB & ASIC	visit broker

Risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Main parameters to be checked for identifying the best forex brokers:

#1: regulations and licenses

It is highly recommended that you choose only forex brokers that are regulated or authorized by leading regulatory bodies such as commodity futures trading commission (CFTC), national futures association (NFA) and financial conduct authority (FCA in UK), among many others. This is because regulated brokers are more reliable than their non-regulated counterparts. Further, your hard earned money remains safe with such brokers for two reasons: they will be appropriately capitalized and they maintain segregated accounts for theirs as well as traders’ funds.

#2: forex trading platform

The online trading platforms that recommended forex brokers provide would not only be simple, but also intuitive and easy to operate or navigate. It, therefore, makes sense to try out a few online forex platforms and see for yourself as to which one has a better user interface and is easily navigable.

#3: customer support services

Customer support is a key aspect that you need to evaluate. Best fx brokers would often be aware of the needs of the traders and provide good, efficient and responsive customer support services. During the course of trading forex on an online broker’s platform, there will be times when you need certain time sensitive clarifications. If the customer support service of the broker you are planning to work with is not good enough, you could end up losing money. It is, therefore, recommended that you evaluate the brokers’ customer support service both by speaking to their representatives on telephone and by communicating with them through email.

Leverage offered for forex trading varies from one broker to another. If the leverage is high, the trader can make more profits. However, the risk of accumulating losses is also equally higher. Therefore, you should choose a broker that offers leverage suiting to your needs and based on your style of trading.

Brokers often try to attract you by offering high capital bonuses when you make your first deposit. This is good because you get more money for trading. You can choose the broker that offers the highest first deposit bonus, but you should make sure other aspects discussed above and those that are discussed below suit your needs.

#6: deposits and withdrawals

It is important that you understand the brokers’ policies related to deposits and withdrawals. The features to be evaluated when choosing top forex brokers are minimum amount to be deposited to start trading, deposit methods offered, currency options provided, minimum withdrawal amount specified and waiting time for withdrawals, among others. Further, it makes sense to go through all other written policies in detail.

Brokers make money by charging a fee for each of the trading transactions that you execute on the forex trading platform provided by them. As far as the broker and you are concerned, the significant source of revenue would be the spread, the difference between ask and bid prices. It pays, therefore, to check as to how the brokers you have shortlisted handle spreads:

Do they offer fixed or variable spreads?
What is the average and maximum spread for the currency pairs that you are planning to trade?
What spreads are offered when the volatility is very high?
Do you have to pay any commission for each trade apart from the spread?

Before buying a car, you always go for a test drive. Similarly, look for forex brokers that offer demo accounts. This helps you to open a practice account. You can try out their platform and find out for yourself as to which of the shortlisted brokers is best suited to your requirements. Most brokers offer practice accounts these days. So, it is easy for you to get a feel of the brokers’ platform before committing to depositing money and trading.

#9: other parameters for identifying the best forex brokers

The forex brokerages that offer very low account minimums can be considered for evaluation under the category “best forex brokers”. This is good because you don’t have to deposit large amounts of money in order to trade forex. Minimum account balance can be as low as $5 in the case of some of the reliable forex brokers.

Online forex brokers often try to snatch business through promotions. Do not fall prey to their sales gimmicks. Best forex brokers would never make unbelievable and unachievable promotional offers. It is true that cash and prizes form part of the game, but they should be reasonable.

Another aspect to look for when evaluating online forex brokers is the educational services offered by them. This helps you to master the art of forex trading. Brokers that provide you with a variety of educational tools for assisting you in assessing the forex market are the best forex brokers to work with.

Why expert traders trade with regulated forex brokers

If you’re looking to become a successful forex trader, then working with a skilled and trustworthy broker is very crucial. In the forex market, the two main types of brokers you’ll get include the regulated and the non-regulated brokers. Obviously, the former typically operates under regulations stipulated by a forex regulator. Regulated forex brokers must also be fully licensed and registered in their country of operation, unlike their non-regulated counterparts.

Role of regulation

Of course, the role of regulation in forex market cannot be underestimated. Regulation ensures that all players in this booming industry are strictly supervised. This way, merchants are protected from the many unscrupulous traders out there looking to swindle them off their hard earned money. Another thing, regulation also builds trust between merchants and their brokers, since most merchants don’t have enough time to monitor every investment.
Let’s take a quick look at some of the leading regulatory agencies:

CFTC and NFA: commodity futures trading commission and national futures association, regulate the financial services sector in united states of america (USA).

Cysec: the cyprus securities and exchange commission is the regulatory watchdog within the cysec domain. It offers services to the EU member states.

FCA: the financial conduct authority regulates the operations of over 56,000 financial services and companies in the UK.

ASIC: the australian securities and investment commission regulate the financial services sector in australia.

FSB: the financial services board is a south african agency which oversees functioning, regulation, and licensing of south african forex brokers.

Bafin: bafin is a financial supervisory authority providing its services to forex companies in germany.

Advantages of regulated forex brokers

With regulated brokers, you’ll always have some peace of mind when carrying out your real-money transactions. To expound more, here are the main reasons why expert traders prefer regulated brokers:

1. Credibility

It’s an open secret that most of us like to deal with trusted organizations, especially when money is involved. That being said, the credibility of any forex broker is greatly enhanced if the company is regulated by the relevant agencies. Remember that all regulated forex brokers are mandated to follow some strict rules put in place by their respective regulatory bodies. Furthermore, their regulatory bodies expect them to regularly present a copy of their audit report. Therefore, if a broker is listed on its regulatory body list, then it’s safe to say that the forex broker has fully complied.

2. Compensation

Getting compensated in case of any unfortunate scenario is arguably the best reason why most expert traders opt for regulated brokers. With most regulated brokers, you can rest assured that all your hard earned money will be refunded in case your brokerage firm goes down. For example, brokers operating under cysec are required to remit their contribution to the ICF (investor compensation fund). This pool of funds is to help settle any form of customer claims in case of any eventuality.

3. Effective customer service

Before choosing a forex broker, it’s always recommended that you settle for one who can effectively and immediately resolve all customer issues. In this case, most regulated brokers are always competent enough when dealing with technical support or account issues. In addition, they are very helpful and kind during the whole account opening process.

4. Quick deposits and withdrawals

Any reputable forex broker will allow their merchants to make deposits and withdrawals without any hassle. A regulated broker should have no reason whatsoever to make your earnings process difficult because they don’t have control over your funds. All they have to do is to facilitate the platform to make it convenient enough for you to trade.

5. Updated trading platform

Most regulated brokers are mandated by their respective regulatory authorities to provide their clients with the latest, powerful, and easy-to-use trading platforms. In fact, most of their platforms will readily provide you with all that you need to begin trading immediately. You’ll get a lot of educational materials including webinars, videos, articles, seminars, and e-courses at no extra charge. It goes without saying that regulated brokers also offer their clients free demo accounts to help them sharpen their skills before going live.

6. Legality

All over the world, governments are struggling to deal with issues concerning money laundering. Some of them have even gone ahead to pass very strict anti-money laundering laws. So to be on the safe side, you should always trade with a regulated broker. Most regulated forex brokers will ask you to provide some of your personal identification documents such as proof of address and photo ID. This might sound tedious to you but it’s always safe to be part of a regulated organization that can prove your money is being used in a legal way.

To sum it up, regulated forex brokers are always the best as well as the safest option to trade with. This is because they are always ahead in terms of legality, security, and safety of your funds. All in all, you can manage your risks better if you opt for a regulated forex broker.

Understanding true ECN vs STP broker

The foreign exchange market, also known as currency market, is a universal decentralized market that provides traders an opportunity to trade currencies. It is a market which incorporates all aspects of buying, selling, and exchanging currencies at the present-day or determined rates.

There are different kinds of forex brokers that you can choose to trade forex with. However, though all the brokers in forex are intended to provide a similar basic solution, the way they operate behind the scenes is different. Different types of brokers have varying techniques of operation, and the specific broker you cooperate with can significantly determine your success rate as a forex trader. Here are some crucial factors that will enable you determine which broker between a true ECN and STP broker is the best one to trade forex with:

Understanding true ECN vs STP broker

True ECN i.E. Electronic communications network brokers operate without their individual dealing desk. These brokers provide an electronic trading platform where professional market makers at monetary organizations such as banks, and other online trading participants including traders can enter bids and offers through their particular systems.

STP i.E. Straight through processing brokers are brokers without a dealing desk also. These brokers apply some of the techniques utilized by market makers to provide their particular clients with trading conditions which are more flexible. By STP brokers hiring some of the tactics of market makers, they are able to bypass the limitations connected to trading exclusively within the interbank market.

General overview of true ECN and STP brokers

Use of scalping techniques

True ECN and STP forex brokers do not care about how much their particular traders make. Therefore, these types of brokers allow traders to utilize scalping techniques to close their respective positions. Note that false ECN and STP brokers cannot allow you to use scalping techniques as a trader since they will be disadvantaged anytime you make small profits.

True ECN and STP brokers are types of forex brokers without a say when it comes to control on spread provided. These brokers have no control on spread offered since it’s the liquidity provider that determines the spread which is to be provided.

Though true ECN and STP brokers can add markups when necessary, they cannot in any way take it further down than the amount provided.

Difference between true ECN and STP brokers

Commission charged

On true ECN accounts, as a trader you will be required to pay a fixed commission to open and close trades. The spreads offered on true ECN accounts are determined by the rates of liquidity providers.

When using STP accounts as a trader, you will not be required to pay any commissions.

Pros of trading forex with a true STP broker

Cannot bankrupt themselves

True ECN brokers cannot trade against their specific clients to bankrupts themselves.

Similar price rates

If you are a forex trader, trading with a true ECN broker means you are guaranteed of price rates that are similar to those of the interbank market.

Negative balance protection

As a trader utilizing the trading account of a true ECN broker, the broker will be accountable for any dues with liquidity providers should your account read negative as a result of any reason beyond their control.

Cons of choosing a true ECN broker

Dealing with a true ECN broker will require you to pay rollover fees and commission at times.

Pros of trading forex with an STP broker

Their rates and the interbank prices are same

They provide their clients low entry capital requirements

Cons of choosing an STP broker

Choosing an STP forex broker means when you enter a trade you’ll not be informed what spread to expect.

Most true ECN and STP brokers are linked to several liquidity providers at the same time period. Despite both true ECN and STP brokers having incredible trading solutions which can meet your needs as a trader, their terms of operation vary. Whether you will choose a true ECN or STP broker, the rule of thumb is always ensuring you minimize losses and maximize profits as much as you can when trading forex. Ensure you compare carefully the terms of service of both a true ECN and STP broker before you choose one to handle your trading needs.

Best day trading platforms for 2021

The stockbrokers.Com best online brokers 2021 review (11th annual) took three months to complete and produced over 40,000 words of research. Here's how we tested.

A day trade is when you buy shares of a stock then sell the same shares before the market closes. Because day traders place far more trades than the average investor, keeping costs low is just as important as buying and selling (or shorting and covering) for a profit.

Having placed over 2,500 trades, I know first hand that having a reliable day trading platform stocked with the trading tools you need is crucial to success.

For our 2021 review, we tested and scored 11 different online brokers. To find the best day trading platform, we focused on both web and desktop platforms and assessed each platform across 55 different features. Alongside tools, we also took into consideration the costs of trading, including margin rates and order execution quality.

What is day trading?

Day trading is a strategy in which a trader buys and sells stocks throughout the trading day. The goal is to end each trading session with a net profit after commissions. Day traders primarily trade during the opening 60 minutes (9:30 - 10:30 AM EST) and closing 30 minutes (3:30 - 4:00 PM EST) of each market session, which is when price volatility is highest.

Best day trading platforms 2021

Here's a breakdown of the best online brokers for day trading.

Fidelity - best order execution

Tradestation - best platform technology

TD ameritrade - best desktop platform

Interactive brokers - best for professionals

E*TRADE - best web-based platform

Best order execution

Of the eleven brokers we tested for 2021, hands down, fidelity offers the best order execution quality. Fidelity is the only broker to offer $0 trades and not accept payment for order flow (PFOF), resulting in price improvement above and beyond what other brokers can offer. Pricing aside, fidelity's trading platform, active trader pro (ATP), isn't quite as rich with tools as several competitors, but it gets the job done well. Read full review

Best platform technology

As a trading technology leader, tradestation shines, offering a powerhouse platform across desktop, web, and mobile. Tools in the tradestation arsenal include radar screen (real-time streaming watch lists with 335 customizable columns), charting (290 technical indicators), scanner (custom screening), matrix (ladder trading), and walk-forward optimizer (advanced strategy testing), among others. Read full review

Best desktop platform

TD ameritrade's desktop trading platform, thinkorswim, is our no. 1 desktop platform for 2021 and is home to an impressive array of tools. Highlights include paper trading, earnings analyzer (my personal favorite earnings analysis tool), charts with 489 optional indicators (you can even create your own custom candlestick patterns), backtesting, and even replaying historical markets tick-by-tick. Oh, and thinkorswim for mobile is just as impressive. Read full review

Best for professionals - open account
exclusive offer: new clients that open an account today receive a special margin rate.

The interactive brokers trader workstation (TWS) trading platform offers the largest selection of order types, enabling traders to place every possible trade imaginable, including algorithmic orders. Popular among institutions, including hedge funds, TWS is not beginner-friendly, but for traders who use margin, interactive brokers offers the lowest margin rates in the industry. Focused on professionals, interactive brokers requires a $100,000 minimum deposit for margin accounts. Read full review

Best web-based platform

While E*TRADE lacks a desktop platform, it offers an excellent web-based trading platform, power E*TRADE. Power E*TRADE (also terrific for mobile) cannot go toe-to-toe with the other trading platforms in total tools and customizability. However, power E*TRADE provides ease of use and the core trading tools needed for day traders to succeed. Day trading aside, it is our favorite platform for options trading in 2021. Read full review

Day trading platforms comparison

Popular day trading platform tools include ladder trading, level II quotes, trade hot keys, direct market routing, stock alerts, streaming time & sales, customizable watch lists, and backtesting, among many others.

Below you can find a trading platform comparison table of common tools and features. For a full comparison of 150+ features, use our comparison tool.

Feature	fidelity	tradestation	TD ameritrade	interactive brokers open account	*ETRADE**
stock alerts - basic fields	yes	yes	yes	yes	yes
stock alerts - advanced fields	yes	yes	yes	no	no
streaming time & sales	no	yes	yes	yes	yes
streaming TV	yes	no	yes	yes	yes
direct market routing - stocks	yes	yes	yes	yes	yes
direct market routing - options	yes	yes	yes	yes	yes
ladder trading	no	yes	yes	yes	no
trade hot keys	yes	yes	yes	yes	yes
level 2 quotes - stocks	yes	yes	yes	yes	yes
level 2 quotes - options	yes	yes	yes	yes	yes
trade ideas - backtesting	yes	yes	yes	yes	no
short locator	yes	yes	no	yes	no
order liquidity rebates	no	yes	no	yes	no

Broker pricing comparison

Here's a comparison of pricing across fidelity, tradestation, TD ameritrade, interactive brokers, and E*TRADE. For more comparisons, use the online broker comparison tool.

Feature	fidelity	tradestation	TD ameritrade	interactive brokers open account	*ETRADE**
minimum deposit	$0.00	$0.00	$0.00	$0.00	$0.00
stock trade fee (per trade)	$0.00	$0.00	$0.00	$0.00	$0.00
ETF trade fee	$0.00	$0.00	$0.00	$0.00	$0.00
mutual fund trade fee	$49.95	$14.95	$49.99	$14.95	$19.99
options base fee	$0.00	$0.00	$0.00	$0.00	$0.00
options per contract fee	$0.65	$0.50	$0.65	$0.65	$0.65
futures (per contract)	N/A	$1.50	$2.25	$0.85	$1.50
broker assisted trades fee	$32.95	$50.00	$44.99	$30.00	$25.00

Can you day trade on multiple platforms?

Yes. It is not uncommon for day traders to have multiple brokerage accounts and use several trading platforms simultaneously. Common reasons why traders use multiple platforms include having a backup in case of an outage, running dedicating trading strategies, or accessing specific trading tools not available elsewhere.

What are the risks of day trading?

Because day trading involves actively buying and selling stocks throughout the day using margin (borrowed capital), it is inherently risky. Like poker, losing streaks can cause traders to take undisciplined risks, magnifying losses.

Can you start day trading with $500?

If you do not have at least a $25,000 balance, margin approval, and pattern day trader (PDT) status, you can only place four day trades over a period of five business days before your account becomes restricted.

Is day trading illegal?

In the US, day trading is legal. To day trade, you must have at least a $25,000 minimum account balance and be approved as a pattern day trader (PDT). Once classified as a pattern day trader, you gain access to 4:1 margin intraday and 2:1 margin for holding open positions overnight.

Is day trading worth it?

In today's market, hedge funds running sophisticated algorithms make it very difficult to day trade profitably. Most day traders are also severely undercapitalized and get suckered into paying for expensive chat rooms memberships, educational courses, and newsletter subscriptions on social media. Here's a breakdown of what I learned from day trading.

What is the best platform for day trading?

For the lowest pricing, fidelity's active trader pro (ATP) is the best day trading platform thanks to $0 trades with no payment for order flow (PFOF). Fidelity aside, tradestation and TD ameritrade offer the most trading tools and platform customizations. Finally, for the lowest margin rates and most order types, the trader workstation (TWS) trading platform from interactive brokers is best.

Best day trading platform Fidelity Active Trader Pro

Best day trading platform TD Ameritrade thinkorswim

Best day trading platform TradeStation desktop platform

Best day trading platform Interactive Brokers Trader Workstation (TWS)

What is the fastest trading platform?

The fastest trading platforms are tradestation, TD ameritrade thinkorswim, and interactive brokers traders workstation (TWS) because they are desktop-based.

More details: with a desktop trading platform, the base code runs locally on your computer, maximizing speed. That said, web-based trading platforms built with modern code can match desktop platforms in overall speed. Software aside, like esports, the most common bottleneck for any trading platform is the internet connection.

Summary

To recap, here are the best day trading platforms.

Methodology

For the stockbrokers.Com 11th annual best trading platforms review published in january 2021, a total of 2,816 data points were collected over three months and used to score brokers. This makes stockbrokers.Com home to the largest independent database on the web covering the online broker industry.

Participation is required to be included. Each broker completed an in-depth data profile and offered executive time (live in person or over the web) for an annual update meeting. Our rigorous data validation process yields an error rate of less than .001% each year, providing site visitors quality data they can trust. Learn more about how we test.

About the author: blain reinkensmeyer as head of research at stockbrokers.Com, blain reinkensmeyer has 20 years of trading experience with over 1,000 trades placed during that time. Referenced as a leading expert on the US online brokerage industry, blain has been quoted in the wall street journal, the new york times, and the chicago tribune, among others.

All pricing data was obtained from a published web site as of 01/19/2021 and is believed to be accurate, but is not guaranteed. For stock trade rates, advertised pricing is for a standard order size of 500 shares of stock priced at $30 per share. For options orders, an options regulatory fee per contract may apply.

1 $0.00 commission applies to online U.S. Equity trades, exchange-traded funds (etfs), and options (+ $0.65 per contract fee) in a fidelity retail account only for fidelity brokerage services LLC retail clients. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). There is an options regulatory fee (from $0.03 to $0.05 per contract), which applies to both option buy and sell transactions. The fee is subject to change. Other exclusions and conditions may apply. See fidelity.Com/commissions for details. Employee equity compensation transactions and accounts managed by advisors or intermediaries through fidelity clearing & custody solutions® are subject to different commission schedules.

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read characteristics and risks of standardized options. Supporting documentation for any claims, if applicable, will be furnished upon request.

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So, let's see, what we have: advantages and disadvantages of the best forex trading platforms 2021 including metatrader 4 listed in one rating for the profitable trading – forex-ratings.Com at best forex trading platform 2021