2018-06-12 By Maya Pillai
An online trading platform is a computer software program that is used to place orders for products. Different financial products such as commodities, currencies and bonds are traded electronically though a communication network among members of the platform.
Financial intermediaries such as brokers and market makers are used to bridge the gap between traders and clients. These platforms stream live market prices on which users trade on while providing account management functions.
Forex etx traders and investors in the United States use the following online trading platform to improve their performance in trade.
This platform provide an edge for traders in the market. Here, strategies are used as control tests before traders can venture into the actual market. They also have tools used for research to predict changing trends in the market of trading. Forex traders with etx share ideas with more experienced brokers such as the Australian traders using the SaxoGo platform.
This platform has articles, videos and webinars that give basic information to online traders. It also provides branch appointments that can be booked for free. It gives current information of reports and news from market analysts that is very vital for investors and forex traders.
It also incorporates online chart tools to help forex traders with etx carry out trading through the charts regardless of whether they are in the US or not. More guidance is provided through a 24 hour hotline found in this platform. It handles entry level IRAs as well as stock and trade options.
2. Web platform
Educational tools here make it easier for forex traders with etx to learn more about financial news. Forex traders are able to trade smartly from this platform by leveraging with creative products and intuitive features. The management of portfolios therefore becomes easier.
The platform also has economic calendars for traders with etx to stay up to date with key events that may affect trading. It comes with benefits such as trading commission free for a whole sixty days making it cheaper.
It updates investors on any events affecting future investments such as dividends and earnings. This platform is also responsible for providing investment products covering risks in investing. There is a section set aside for education in this platform to provide skills through practice assessments to traders and investors.
3. Ally Invest
This platform offers commissions at low cost to high net worth investors and forex traders. They offer quality research for forex traders with etx as well as good tools for trading. In addition to this, the platform stands as unique due to its quality research and tools. By widening the network, it connects traders more with potential markets. It also offers discounts to investors. It offers equity trades at $ 3.95 for users with 30 + trades each quarter.
This has superior trading tools as well as powerful resources used to apply the best techniques in trading. It offers securities such as FXI, SPY and GLD making traders free to access more sectors. It offers flexible time schedules for traders to access more potential opportunities for the market. It also has features such as real time data and technical studies used in trading.
5. Trade Architect
This platform has simple educational interface for learning. Each step elaborates how placing an order is done and gives information about potential strategies that work best while trading. This platform is free to use and offers great commissions for investors.
6. Options House
Tools used in this platform are more advanced. Its portfolios operate in speed making trading easy. It also provides benefits such as commission free stocks and option trades for trading online. This platform provides customizable charting packages to trade on. Demos are also available in this platform illustrating use of advanced trading strategies.
This platform provides good quality trading research. It provides research from different providers adding more knowledge and skills to forex traders. It also offers some of the most advanced tools and features.