Types of forex trading platforms

There are many different types of forex trading platforms at forex market. For traders it is bit problematic to select the right types of forex trading platforms. Here, for our understanding, we are going to define few different types forex trading platforms:

1. The Finotec trading platform:

One of the important and useful features of this platform is the usage of charting module, which is in a very comprehensive manner. The other features which are linked with the advanced tools are like commodities, options, futures and CFDs. Web based version, desktop version, spread betting charts and spread betting platforms are the other features of this trading platform. One can easily place the orders, view the charts, see the alerts, and view the latest news through this platformTypes of forex trading platforms, forex trading, online trading

2. MT4 based platform of the Multiple Banks Clearing:

The best features of this trading platform are the free chartings, the news and more than fifty studies. Using this platform trader can trade in thirty different countries. This platform also exposes the traders with the instantaneous trading executions.

Different ranges of orders which are available and apart from that the trying of orders within the specified spread etc. are some of the real time situations of the forex market which the MT4 makes the forex traders aware with.

3. Dukascopy trading platform:

This broker offers two trading platforms based on JAVA and web. They do not need any kind of software for downloading which make it easier for traders to trade according to this need. These platforms are very flexible and are not dependent on the different suppliers because these are based directly on the proprietary software. At the same time, the platforms are also very suitable for different traders and their trading styles. At the same time, some of the features which are included in the trading platforms are the real time news, the Dow jones, the AFX, the studies and the chartings.

4. ACM trading platform:

One unique feature that makes ACM-USA different from other trading platforms is that over here, the traders are, at no point of time, pulled out from the trading process. At the same time, the platform also encourages the trading costs, the forex scalping and the swings. This makes the platform suitable for both the classes of forex traders.