Forex trading is the process of exchanging one currency for another. It is not impossible to learn, while the economic position, objectives, and experience as a newbie will all influence in evaluating how better one gets in Forex trading. Beginners should indeed take it easy, and if you’re one, here are three platforms to consider:
META TRADER 4
MetaTrader4 (MT4) is a trading platform used to trade several markets via CFDs, including forex, indices, cryptocurrencies, and commodities. The platform, which has a huge number of users, supports a variety of operating systems, including Windows, Mac OS, Android, and iOS. MT4 trading systems are equipped with lightning-fast speed, minimal slippage, pricing alerts, one-click trades, and more, while being accessible from any location with an internet connection.
META TRADER 5
While MT5 improves upon MT4 in terms of timeframes, indicators, charts, back testing, some aspects stay unchanged. If you wish to trade share CFDs, MT5 could be better because it gives you access to a larger selection of financial instruments, like stock markets and ETFs. When you trade numerous markets, it is quite useful. The platform does have innovations in terms of drawing tools and also features an economic calendar.
THINK TRADER Think Trader is another trading app compatible with Android and iOS devices, and it’s ideal for everyone from total novices to experienced traders. The trading process is streamlined and user-friendly while enabling cloud-based alerts, giving updates even when the programme isn’t active. You may make in-app deposits and withdrawals, with access to news updates and one click transactions. The Trend-Risk Scanner is another handy local tool that gives you details regarding suggested transactions.
This material is considered a marketing communication and does not contain, and should not be construed as containing, investment advice or an investment recommendation or, an offer of or solicitation for any transactions in financial instruments. Past performance is not a guarantee of or prediction of future performance. Trust Capital TC Ltd does not take into account your personal investment objectives or financial situation. Trust Capital TC Ltd makes no representation and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or other information supplied by an employee of Trust Capital TC Ltd, a third party or otherwise.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.92% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trust Capital TC does not offer Contracts for Difference to residents of certain jurisdictions including the USA, Iran, and North Korea. Please consider our “Risk Disclosure“.