Currency Trading Platform
Definition of 'Currency Trading Platform'A type of trading software used to help currency traders with forex trading analysis and trade execution. Currency trading platforms provide charts and order-taking methods. As with trading platforms used for trading other securities like stocks or futures, most can differ greatly and can vary in cost. |
|
Investopedia explains 'Currency Trading Platform'There are many currency trading platforms in the marketplace, but some things to look for include fee structure, functionality, product quality and included products such as charts etc.Most forex brokers allow you to open a demo account prior to funding a full account or mini account. Be sure to try out each broker's software during their trial periods to help you better decide which forex trading platform is the best for you. |
Related Definitions
Articles Of Interest
-
Forex: Demo Before You Dive In
All trading platforms have benefits and drawbacks - master the fake trade before making a real one. -
Forex Automation Software For Hands-Free Trading
Automated forex trading software scans the market for favorable trades based on your input. Find out more about this valuable forex tool. -
Forex: Wading Into The Currency Market
We go over the ground rules and available resources needed for this undertaking. -
Retail FX Spreads: Do They Even Matter?
Learn how retail forex spreads affect your ability to trade currencies. -
What should I look for when choosing a forex trading platform?
A trading platform is a piece of software that acts as a conduit for information between a trader and a broker. A trading platform provides information such as quotes and charts, and includes ... -
What types of accounts are available for forex trading?
There are many different types of forex accounts available to the retail forex trader. Demo accounts are offered by forex brokers as a way to introduce traders to their software and execution ... -
6 Asset Allocation Strategies That Work
Your portfolio's asset mix is a key factor in whether it's profitable. Find out how to get this delicate balance right. -
The Future Of Cryptocurrency
The emergence of Bitcoin has sparked a debate about its future and that of other cryptocurrencies. Despite Bitcoin’s recent issues, its success since its 2009 launch has inspired the creation ... -
Nobel Winners Are Economic Prizes
Before you try to profit from their theories, you should learn about the creators themselves. -
How Leverage Is Used In Forex Trading
Forex trading by retail investors has grown by leaps and bounds in recent years, thanks to the proliferation of online trading platforms and the availability of cheap credit. The use of leverage ...
Free Annual Reports