Finding the Right Forex Trading Platform

 The first step in your forex trading journey is finding the right trading platform. Customers on all sides of the trading spectrum – from beginners to moderately skilled to an expert – regularly do searches for a trading platform that will suit their needs, sometimes moving on from platforms that didn’t work out well for them, and sometimes feeling they could be better empowered to meet their trading goals than they presently are. This article is designed to help you clarify for yourself the qualities in a trading platform that could help you on your trading journey with the tools, knowledge, and technology you’ll need to make your waythrough the world of forex trading and meet your own personal trading goals.

The Platform Itself

Of primary importance is the platform you’ll be working with since your daily experience will be interacting with this specific interface. You’ll want a trading platform that works logically and intuitively and that’s fully equipped with the most useful trading tools. For instance, nowadays traders expect the basic functions—live rates, trading signals, market alerts, and analysis charts—to be available at the touch of a button.These are what keep traders on the ball to meet new opportunities with poise. But it’s important to know that not every trading platform that’s equipped with these tools is equivalent. Most platforms are made from generic models which are filled in with company colours and designs to distinguish them, whereas the platforms that stand out tend to be custom-made by the brokerage to give the best possible trading experience to users, sometimes based on real feedback with their users.

iFOREX is one such broker which has built their custom platform from the bottom-up, using today’s top software technology with guidance from clients to ensure a complete, intuitive, and positive trading experience.

Educational Materials

This is not a bonus you just might decide to try out one day: it’s a necessity. No matter how much skill and knowledge you have accrued, you’ll always want to sharpen up your understanding of trading concepts, refresh your knowledge of key principles, and remind yourself about financial fundamentals. Make sure your broker offers reading materials and video tutorials on basic topics like interest rates, leverage, stop-loss, and ETF trading, but also on advanced topics, for when you’re ready for them, like technical analysis, chart patterns, rollover, and overnight financing. When ever you meet up with a question mark, you should be able to find a tutorial to help you out fairly quickly. One feature that’s making gains nowadays is one-on-one training with a trading coach, which gives newer traders the chance to learn the ins and outs of forex trading while offering more experienced traders a personalised tour of the trading platform.


As with any online venture, security is a must, considering the amount of fraud rife in the world nowadays. Firstly, only choose a broker that is regulated by an official body. This regulatory body oversees everything your broker does to make sure it’s all legal and that they’re behaving responsibly with their customers’ funds. Secondly, in terms of the security of your personal information, look to see if they are set up with encryption services like firewalls and Secure Socket Layering (SSL) so you can take this off the list of your worries.


As the weeks go by and you learn to cut your way through the financial jungle, you may very well want to expand your portfolio beyond what you originally intended. Therefore, your ideal brokerage should offer you a robust selection of trading instruments that spans the six basic categories of forex trading and CFD instruments including shares of today’s top companies, leading global indices, popular commodities, cryptocurrencies, foreign currency pairs, and ETFs (Exchange Traded Funds). Some more advanced brokers may even offer non-leveraged instruments, a category that’s growing in popularity.

The Human Touch

This feature should not be under-estimated. The time may come when you’ll have a question or concern that even the most detailed FAQs section can’t answer. Therefore, you’ll want a broker who offers a high-quality level of client support. Read users’ reviews to see if people are happy with it. It can be disheartening to feel you’ve entered into a financial arrangement with a machine, so also open up the social page of your broker to get a taste of their personality. Considering the number of brokers out there today, you’ll only be doing yourself a favour in the long run.

Wrapping Up

If you’re particular to follow up with these five criteria, it could go a long way in saving you from disappointing experiences and could help make your CFD trading journey more positive. iFOREX is a trusted CFD broker with over twenty-five years of experience, and which possesses every special quality mentioned in this article, including the bonus service of one-on-one training. Join today and start making more informed trading decisions from the outset. 

Finding the Right Forex Trading Platform Finding the Right Forex Trading Platform Reviewed by Pravesh Kumar Maurya on 03:18 Rating: 5

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