Trading platforms comparison provided by AvaTrade
With the evolution of Forex trading due to the magnitude of interest it arouses, it has gained popularity and transformed in to a massive trading format within a few short years. AvaTrade credits the increase in interest to the uniqueness of the forex/CFD market, as it allows a variety of traders to enter whether they are experienced or not.
Forex (and CFD trading) offers traders benefits that are not often found in many other investment options, instant and maximum returns is what turns traders on with currency and CFD trading. To reap rewards and understand the markets, a good broker, market knowledge and a powerful trading platform are necessary.
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In today’s trading environment, the industry offers such a wide variety of trading platforms, some of which offer many benefits and additional functionalities to make trading for you as practical, user-friendly and purposeful as you need it to be. Platforms do differ from one another, each set of functions and interfaces appeal to various types of traders.
The individual choice of the trader lies within the platform that is most appealing to you and your trading needs. Having said that a platform should have basic elements that all traders need to reach their trading goals and implement their trading strategies:
- Accuracy of data
- Tight spreads
- Speed of execution
- Built-in or installable analysis tools
AvaTrade knows it is not always an easy choice as to which platform will be your choice to take you into your trading career, and you could also start testing a platform and then decide another platform is better suited to your needs. It is always best to perform as much research as possible, while seeking out the best advice especially if you are new to trading.
The general rule and most sensible direction to take would be to explore a platform which is simple to use, in order for you to master it as fast as possible. Never underestimate the importance of a trading platform as this is going to be the foundation of your trading. The platform itself will not guarantee you monetary success, but will be well-matched to your trading style, level of expertise and to ensure your trading goals are reached without any drawbacks.
About Trading Platforms
In essence, a trading platform is developed software that links the trader to a broker and the relevant markets. Our platforms have authentic sources of information such as live trading charts, price quotes, and order types that are executed by us, your broker. At AvaTrade you have two options:
1) Trading software that can be downloaded to the traders’ local computer and used directly by him. This software is compatible with Windows, Mac and Linux operating systems.
2) The other type is the web based trading software that is run on Java (a popular web language). Highly favoured and it is accessible from any place that has an internet facility.
AvaTrade provides you with the ideal platform that is best suited to your trading needs. Our platforms are offered for free and some have advanced features, with diverse functionality levels that offer more options to traders that have supplementary trade experience.
As all our platforms are the bridge between us, the broker, and you, the trader, with real time data as well as all historical data that is easily accessible and essential to your trading efficiency. We also provide a third party software that allows a programme interface called API, these are offered to you:
- No additional costs
- Additional trading features
- Order interfaces
- Historical data
- Convenient user interface
Our Top Platforms
AvaTrade offer you some of the best forex platforms for any type of trader, whether you are a novice or seasoned professional:
Compare our Platforms and their Features:
|Platform||Details||Max. Leverage||Min. Deposit||Available Product||Auto Trading||Access|
|MetaTrader4||Over 60 currency pairs, CFDs, Commodities, Indices, Stocks and Cryptocurrencies including Ethereum CFDs|| |
|PC, Web and Mobile|
|AvaOptions||$1,000||Over 40 currency pairs, Gold, Silver||PC and Web|
|ZuluTrade||$500||Over 50 currency pairs, CFDs, Stock indices||PC, Web and Mobile|
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AvaTrade presents a wide-selection of trading platforms for both manual and automated trading. We believe in empowering our traders to make the right choices and feel comfortable in their trading environment. We are confident that you will find a platform that is best suited to your trading style and level of trade knowledge.