How to choose a Forex Trading Platform is a worthy topic in itself, but it is also very timely. The foreign exchange market has evolved a great deal in the last several years, mainly due to the availability of affordable computers and fast internet connections. The volume of traders has also increased with time: we see the volume of transactions around the world increasing year-on-year for the last several years.

Choosing the Best Trading Platform for You

Choosing a Forex trading platform can be a daunting task since there are many options out there. First of all, you need to understand the concept of trading foreign exchange. It is important to realize that those online platforms where you can buy and sell currency are called Forex trading platforms, but many people often think that all platforms are like this. The general opinion is that if you are not a trader you should stick with the general stock trading platforms, but you should also consider that many Forex brokers are technical and less institutional than the market makers.

So how do you choose a Forex trading platform? Generally speaking, there are two types of Forex trading platforms, the proprietary and the standard you should try one of this 4 tested and selected ones:


Stormgain is an all-in-one cryptocurrency platform and mobile app. Buy Bitcoin, Ethereum and other cryptocurrencies in one place. Exchange them instantly to other coins you want at the best rate and with no fees. Make money with our exchange arbitrage tool, mining feature and hodling powerful prediction algorithm. StormGain is the new generation crypto trading ecosystem for everyone who wants to interact with blockchain technology and make money trading cryptocurrencies in an easy way.


Libertex is the intuitive, secure and fully regulated platform that allows you to trade directly on the foreign exchange market. With a personal investment account you can buy and sell currency pairs, commodities, indices, stocks and bonds in just a few clicks. You earn an income with your investments or if you prefer – you can trade currencies on the basis of a spread which means that LIBERTEX will take a commission for their services. Our unique trading platform has intuitive platform similar to common online banking applications where you can keep track of all your trades. This way we ensure that you don’t miss any opportunities in the ever-changing financial markets.


eToro is a growing multi-asset trading and social investment network that was established in 2007. With offices worldwide, eToro serves over 8 million registered users who share their trading strategies and insights to help each other succeed. With more than 1 million customers from over 160 countries in our community, we aim to be the world’s largest global investment network.


Coinbase is a bitcoin, ethereum, and litecoin wallet built for everyone. Our wallet is simple to use and secure, and keeps your currency in your control. We started Coinbase because we were frustrated with the lack of consumer protections in the bitcoin space. While we got the digital currency world off the ground, it’s now time to focus on what matters most to consumers. We’re making it easy for anybody to convert their local currency into and out of digital currency.

The most important decision you need to make when choosing a Forex trading platform is whether you should integrate your trading system with that platform or not. Everybody is different with regards to how you like to do things, and if there is a technical problem you are having, then you should first make sure that it is refinied because it might be problematic. If you are not making money that day with your strategy, then you should go and look for another strategy to try. The key success coming from your research and data is how you process them using the platform.

So reading the signs, determining whether they are a good time to buy or sell, and trying a variety of strategies with each platform will, hopefully, give you the best results. When you have no time to tend to the trades, you should probably get an automatic Forex trading platform, as they give you constant information and can, therefore, process many more parameters and drawdown situations than you can with manual testing. This means that you will get fewer errors and take milliseconds off your decisions.

When you have more time to devote to the Forex trading platform, then you should try a web-based platform. There are a number of high quality trading platforms that are offered both on client-side (uses client software) and server-side (uses web server).

Which Forex Trading Platform Should I Choose?

These are the the Kongs to investing in currencies. With the Kong up, it is risky to invest, but the Kong is up. I am going to wait a couple of days and check it out, or you can go down to your usual stock trading market, but sooner or later you will have to figure out what type of trading you want to do. With stocks and bonds, you either sell after the price is above 5,000 or buy after the price is below 5,000. You will find that currency trading is a faster paced market, but you never know with the changes that are coming out there. I wonder what next year will bring?

With the steady increase of Kongs in hopes that they are going to reverse, now is a good time to buy the dollar and sell it at a profit.You can do this, it’s cheaper, easier and the Kongs are going down to this 4 sites:

How to Get Started in Forex Trading Today

As forex become more and more popular, more and more people are also expressing interest on it. They are attracted by the perfect working hour, great leverage and perfect investment opportunities. Forex is not a perfect high-profit investment, but if you know the art of forex trading you will make very good profit out of it. Do you want to know how to become a successful forex trader?

To become a successful forex trader, you just need 3 basic things. They are:

  1. Ability to tolerate and confidence in using powerful system.
  2. Hate losing more than what you can afford.
  3. Resistance to admit your wrong

Above all, you need a broker. You are new to forex trading, you don’t have any experience, you are not familiar with the jargon used and you don’t know how to trade with a forex broker. To become a successful forex trader, you should find a good broker and apply all 3 of them.

  1. You need to be confident in using the forex system. Just remember that the moment you open your forex software and start running it, you are PROBABILITY USING THE MANAGEMENT KNOWET. If you are not using the management know how, then you are wasting your time and money. You will be very disappointed. Spend some times doing the demo runs and check if you are really interested in doing a live trading. Only then will you be ready to run on a live account. I usually suggest new traders to have a demo account for at least 6 months before the live account.
  2. You need to have enough knowledge and experience. You do not have to be a professional to make very good profit from the forex market. You are just Associating your money with a professional trader who is running the show. If you have any doubts, go to a forum and read some of the forex trading guide, if you still have any doubts, read another forex trading guide. The Through the Myths and Realities in Forex Trading guide may help you learn the forex trading.
  3. You need to have adequate capital. With the realistic approach of financial trading, you should have adequate capital to keep your trading open 24/7. Do not over-estimate this, 2 to 3 million dollars is good to have in your forex account. You can also invest 10 to 20 million dollars and enjoy the leverage.
  4. You need to have discipline. Now, you are capable of trading manually with a stop loss, and you will be a “so called” professional trader. But we have to face reality. It is difficult to be a disciplined trader if your trading is on the losing side most of the time. Therefore, you will need to guard against your emotion by using some rules of the game. The first thing that you have to do is to get a brokerage account. Then open a demo account and practice your strategy on the demo account. You have to exit the demo account when you are ready to start real money. It is a losing trade. But it is not the end of the game. You just need to stare at the numbers and plan your next move.
  5. You need to learn to take a break. After every trade, just take a few minutes to think. Don’t rush. Think about what you have just accomplished and play your game.

Forex trading is not get rich quick. It will take time to get the right knowledge and experience. But the price is worth paying for. Imagine earning thousands of dollars over and over again. You will enjoy life very much to your fullest. Don’t get greedy!

You just have to find the strategy that suits you and start trading. Follow the rules and you will be a successful Forex trader.

Your Hard Work Will Pay Off in Forex Trading

For those who are absolutely gutsy enough to take on the forex market, you have to know that there are many risks involved. But still, the opportunities are there and that is why you have to go for the “kill” and trade against the “sell”.

Here’s a typical scenario.A forex trader advertisements on television and attempts to convince the viewing audience to avail of his or her trading services. The advertisement will describe how easy it is to make a fortune and how minuscule the risk is. These efforts are partly directed towards #1 the novice who does not know what he or she is doing. The dealer then attempts to talk the novice out of the true nature of the market. In this attempt, the commodity of the first step is marketed.

A novice watches the television advertisements and returns to the dealer’s office with a case of aptly describing every possible step to trading. The novice then accounts 2150 for the purchase price and feels sure to purchase at face value. Having now bought the case of Euros, the novice continues to watch the television.

At the next office visit, the dealer tries to talk the novice out of the true nature of the currency market. The dealer now campaigns for taking on more risk for higher rewards. The novice is now willing to risk his or her money for higher rewards. What happens next is that the novice becomes too emotional andstantial risk is added to the equation. The result is that the currency market takes another unexpected U-turn.

As the novice watches the value of the Euro exchange rate go down from 1.300 to 1.200, he or she assumes that the currency must decreases more and comes back up. The novice then Cancels the deal gaining only a small profit for itself. The novice is still alright with this deal until it decreases further to 1.150. In this instance the currency market has gone against the novice.

So which path will the currency market take?

Since the most common sense of the term “return on investment” is to come back the same amount that you invested, the answer is sure to be a strong “True” answer. This is so because in every investment there is a risk of loss, and in the case of the currency market the risk is often is magnified greatly. Fortunately, you do not have to risk your entire capital turning a blind eye. One way that you can alleviate the risk is to reduce your position size. reducing your position size means that you are not taking on risk in the exchange rate (potentially dropping the possibility of a margin call) and reducing the amount of money you risk per deal. Reducing your position size will also help you with money management as you are not paperwork trailing every investment you make. A good rule of thumb is to ensure that you risk only 1% of your capital per trade.

The difference between conservative and aggressive trading is simply the delivery of your goals. If you are well capitalized, then you can afford to hold higher currency value per trade. This will allow you to increase your profits artfully over time. Alternatively, if you are not well capitalized, then you should arena lower value trades since you have smaller equity to work with. The currency market is very dynamic in the sense that it can change very quickly. The best option for a beginner trader is to be moderate in their trading since the chances of winning are high in the beginning.

Forex Trading Size

Open the charts on the day before the announcement of monetary policy of the European Central Bank (ECB). A trader can see the ECB behaving like a bull. It multiplies its balance sheet easily under the condition of strong exports. However, due to the natural dynamics of business and market forces, this monetary policy does not and cannot guarantee a successful forex investment.

A massive currency inflow can decrease the effect of the increase in the money supply. It can even be seen in periods of strong currency growth in the euro zone. Then in the second part of the period a currency with a lower money supply gets stronger. In general it is easy to predict the evolution of the EUR/USD pair movement during the period around the ECB rate decision.

The ECB does not want to increase the money supply in the euro zone. However, it can somehow influence the evolution of the EUR/USD pair movement. It is also important to keep in mind the general rule of economics: the price for money is the factor of the supply and demand and accordingly the supply and demand are synchronized. Exchange rates are exchanged in forex markets in the same way as stocks are traded on stock markets. Investors, who want to get the best returns on their investment, take a close look at the functioning of the national currency and of the competitive markets in the zone. Furthermore, the pronounced interest rate is one of the factors influencing the evolution of the forex investment.

The forex market is influenced not only by the economy but also by politics. The behavior of national currency depends on the behavior of national politics. Moreover, the evolution of the currency is due to various other factors such as global money movements,hooting in the bonds, debits and debts and to some extent the anticipated economic and political state. There are many factors that can cause the EUR/USD to appreciate or vice versa.

The benchmark that the forex trading uses is the real constant. When the benchmark is real constant, the currency marginal returns are the same. For instance, if the EUR/USD appreciate by 0.01, then the return is 0.01. If the criticize rises by 0.01, then the return is 0.01. The marginal returns are fed into the equation described above.

The real constant is very important in the functioning of theforex market. Everything changes on the benchmark, and the currency marginal returns are the most accurate forecast of the changes in the forex market. The exchange rates are used by traders to measure the performance of the entire market and not just individual companies.

The currency marginal returns are updated regularly and it is the base that determines the amount of risk you can take and the amount of profits you can make. If you are using this measure, you can fair a lot better as compared to someone who does not have proper knowledge about the way an exchange rates works. This is the way through which you can find out whether the market is increasing or decreasing and with this you can make timely decisions.

There are many companies who provide services to the public in the forex market. They advice the user on the margins and they go well beyond the basics in making sure that you are well equipped with all the information that is needed so that you are able to make a good and healthy investment.

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