The Best Trading Forex Platforms For Beginners

best trading forex platform

IG is one of the largest online foreign exchange brokers, with a flexible platform that suits the needs of both beginners and experienced traders. It has many features that will make trading a breeze, including customizable screeners for different asset classes and a personalized news section based on account traits. The platform also boasts Autochartist and DailyFX technologies. Users can also find several customer applications and multiple articles, which will help them make informed decisions.

The community is another major feature of this platform. Members can follow other traders and comment on their posts. Traders can even save comments and trade ideas to view later. The platform also lets premium and Pro+ members create chat rooms and receive notifications for new trade ideas. This makes it one of the best trading forex platforms for beginners.

IG offers a variety of tools and features for traders of all levels, including a range of mobile devices. It has a regulated environment with low spreads, and clients can trade up to 1:300 leverage. Traders can also take advantage of a 30% signup bonus, which is not guaranteed and can only be claimed once.

ACEFX is a reliable, secure platform for beginners and advanced traders. Its reputation as a reliable and safe online exchange has earned it global respect. Its strict security requirements mean that customers’ money is safe. It also offers helpful information on its website, which many other platforms lack. In addition, ACEFX also has one of the lowest fees of any trading platform.

Pepperstone is another excellent MetaTrader 4 broker. It offers the widest range of features and a user interface that makes it easy to use. Moreover, it encourages third-party integrations to enhance its functionality. Pepperstone offers a demo account and a wealth of educational resources. However, it is not suitable for every investor.

OANDA has a wide range of tools and features for US account holders. For example, the platform has many indicators and a Signals tool that enables social trading, while the Premium account offers advanced technical analysis tools and keyboard trading. It also offers excellent mobile trading options. Its mobile apps include 32 overlay indicators, 11 drawing tools, and nine chart types.

FP Markets also offers a low minimum deposit of $100 and offers leverage up to 30:1. The company also offers a demo account that is risk-free, which can help beginners make informed decisions. It is a safe, secure and fast trading platform. You can use it to learn about forex trading before investing your money.

Regardless of whether you’re a beginner or experienced trader, it’s important to be aware of the trading rules and regulations before you start. You should also develop a strategy based on your financial situation and your risk tolerance. It’s also important to set up a brokerage account, which is much easier than it used to be in the past.

New Brokers

Get up to 45% of Cashback bonus from you trade started from 0.01 lot


With over 5,000,000 clients since it was founded in 2009, XM has grown to a large and well established international investment firm and has become a true industry leader.

Get up to 40% of Cashback bonus for each trade you made

© Copyright 2022 Myfxrebates