What Is the Best Forex Trading Platform for Beginners

What are the best trading platforms for beginners?

Сhart on computer monitor, market’s climbing, hand and pen pointer

The question of choosing the best forex broker for beginners is one that any trader who wants to be successful in forex trading needs to seriously consider. If you want to get into cryptocurrency trading specifically, check out our ranking of the best platforms to buy Bitcoin and cryptos.

With the daily arrival of new online forex brokers, choosing the best platform for you often requires a lot of research and patience.

To save you time and help novice traders, we have identified some key elements that each trader should evaluate when selecting a broker. We then compiled a list of the best Forex brokers on the market.

Here is our Top 10 of the best trading platforms for beginners in 2020.

1- eToro: www.etoro.com

Warning: 62% of CFD accounts of individual traders lose money

For more than a decade, eToro has been a leader in the global Fintech revolution. The site has millions of users and a range of innovative trading and investment tools. eToro continues to strive to make its platform online trading and investment accessible to everyone. While maintaining a balance between ease of handling for beginners and perfecting the essentials for the most experienced traders, eToro has established itself as the first social trading platform in the world.

eToro offers short term options for day traders and long term options for investors. The tools are easy to use and allow you to access all the information on the platform, whether on the website or in the mobile application. It is therefore not surprising that more than 10 million people worldwide choose eToro as their preferred trading platform.

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2- NSBroker: www.nsbroker.com

NSBroker is a trading platform launched in 2011 by NSFX Ltd. It is a group of financial professionals with the objective of creating a regulated online trading platform offering traders a quality investment service tailored to your needs. Online broker NSbroker continues to innovate and make online trading as simple and intuitive as possible.

Using NSBroker, it becomes very easy to buy stocks. In addition, NSbroker provides you with ECN technology which allows you to benefit from the best trading conditions in terms of price. This online trading platform will allow you to access Forex, CFDs, stock indices and also cryptocurrencies like Bitcoin. You will find more than 70 assets as well as 250 trading instruments .

3- AvaTrade: www.avatrade.com

AvaTrade offers a selection of trading platforms, both for automated and manual trading, with unique features and tools. It has a wide range of trading instruments such as Forex, stocks, ETFs, commodity trading or CFD stock indices.

Whether you want to trade alone or copy other people’s trades, Avatrade is designed for all traders. You will undoubtedly find the solution that suits you. It is also possible to open a demo account on the platform, where you can practice trading. So you can hone your skills before you start trading in the real market with your own money.

4- Plus500: www.plus500.fr

Plus500 currently has a platform that has generated loyal and passionate customers in Asia and Europe. This company offers a wide range of more than 2000 instruments with which users can trade. Plus500 offers a complete and easy to use trading platform. The platform allows users to trade in several different markets from a single screen while providing real-time information.

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One of the advantages of this platform is its ease of use. There is a web version, a mobile version and a downloadable version. The web version allows customers to access accounts from any computer. Plus500 is one of the top rated CFD trading apps on the App Store and Google Play. It is simple to use and powerful in its many advanced features.

5- ETX Capital: www.etxcapital.com

By choosing ETX Capital as your forex trading platform, you will have access to thousands of different tradable markets. ETX allows you to trade global financial indices and many stocks. But also more than 50 Forex pairs and a considerable number of commodities. It offers traders the choice between two different specialized platforms. This allows them to choose the one that best suits their trading style.

The TraderPro platform was designed to give traders more room to maneuver. With a wider range of markets and more useful trading tools, the MT4 platform allows users to trade through the use of automatic “expert advisers” and custom indicators.

6- Trade.com: www.trade.com

At Trade.com, you will find state-of-the-art trading platforms to meet everyone’s needs. They are accessible to everyone by downloading the software from the Internet, tablet or mobile. The innovative WebTrader platform is only accessible to Trade.com customers.

The platform has a navigation interface which, according to many traders, is easier to use. WebTrader thus has more than 2,000 instruments available to traders, with rapid execution on all orders.

7- XTB: www.xtb.com

XTB is one of the leading European brokers and one of the largest publicly traded brokers in the world. It has offices in more than 10 countries including the United Kingdom and France.

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XTB has its trading platform called xStation, which has a large number of different markets. This broker is very intuitive for new traders, it is fully customizable and has a lot of features.

8- FBS: https://frfbs.com

FBS is a broker created in 2009. In the world of forex, this broker has evolved a lot in recent years to become a renowned forex broker. Present in particular in Asian countries, FBS remains a global broker, which takes a personalized approach for each of its customers.

FBS is attracting more and more investors who have started trading in the Forex market. It offers very attractive commercial conditions and has different types of accounts. Which can suit almost any type of investor.

9- CMC Markets: www.cmcmarkets.com

CMC Markets is a Forex Broker which also offers Spread and CFD trading. Quite recent in the sector, it nevertheless has a sophisticated platform and a wide variety of instruments.

This platform is not recommended if you are new to trading, as it can be complex for a beginner. Professionals, on the other hand, may be able to find good opportunities with CMC Markets.

10- FxPro: www.fxpro.fr

The FxPro broker has always been one of the leaders in the NDD category. A sector in which many traders are particularly active. FxPro also has several technological innovations that allow it to be among the best brokers in this sector.

Forex and multi-asset CFD traders have many options at FxPro. Advanced traders who use automated trading systems can choose from multiple web, desktop or mobile platforms.

What Is the Best Forex Trading Platform for Beginners

Source: https://en.seatminer.com/the-10-best-trading-platforms-for-beginners/

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