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korki4
What is the best trading platform/software?

I don't know how forex works much but i am trying to learn and right now i know that in order to trade you have to have a platform/software to trade on forex online..
so i am asking what is the best forex software/platform is today?



getpaid2trade
QUOTE (korki4 @ Oct 13 2009, 08:21 PM) *
What is the best trading platform/software?

I don't know how forex works much but i am trying to learn and right now i know that in order to trade you have to have a platform/software to trade on forex online..
so i am asking what is the best forex software/platform is today?


The answer to this question depends greatly on your trading style, trading capital, experience, etc.

MT4 or MetaTrader 4 is a very popular platform however it does have it's limitations. More important than finding the best platform when starting out is finding a broker with tight spreads and competent customer service.
korki4
QUOTE (getpaid2trade @ Oct 13 2009, 08:06 PM) *
The answer to this question depends greatly on your trading style, trading capital, experience, etc.

MT4 or MetaTrader 4 is a very popular platform however it does have it's limitations. More important than finding the best platform when starting out is finding a broker with tight spreads and competent customer service.

Well i dont have an experience yet so im a real beginner,

e-toro is user-friendly?
getpaid2trade
I have heard that eToro is very user friendly but I wouldn't necessarily call that trading. it is more like spread betting or gambling as their "platform" is not designed to analyze charts or price, it is more attuned to newbies or gamblers as it is graphical in nature.
MDunleavy
I've found good explanation how to select the right metatrader 4 brokerage firm. I think, this info would be interesting for all forex traders. I use scalping strategies and I had to change a lot of brokers before I found this information. See iticsoftware or BJF Trading Group
(How to select right FOREX brokerage firm for you strategy: scalping, hedging etc.)
korki4
QUOTE (getpaid2trade @ Oct 14 2009, 08:03 AM) *
I have heard that eToro is very user friendly but I wouldn't necessarily call that trading. it is more like spread betting or gambling as their "platform" is not designed to analyze charts or price, it is more attuned to newbies or gamblers as it is graphical in nature.


then what would be the platform for a newbie to learn?
i heard of MT4's what are they? where can i get it? i want to practice with demo account and see if forex is for me
getpaid2trade
MT4 is short for Metatrader 4, and is a platform used by many leading forex brokerages and banks.

You can download a demo of MT4 with my company at www.FXOpenMexico.com.

If you need help let me know.
funtrader4
QUOTE (korki4 @ Oct 14 2009, 05:57 PM) *
then what would be the platform for a newbie to learn?
i heard of MT4's what are they? where can i get it? i want to practice with demo account and see if forex is for me


Hey korki4! Mt4 is the choice for all the professionals and beginners due to its features and advantages. To get a hands on experience with the software, try WSD's free demo account. You can also get expert advise while you are trading on their platform.

If you have any doubts regarding their software, feel free to post me.Happy learning!
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