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The Best Type of Forex Trading Platform

Monday, May 4, 2009 Posted by Seduce


When it comes to forex trading platforms, the two main types are software-based and web-based. More and more, web-based forex platforms are gaining popularity and more brokers are implementing them (GFT Forex and Forex.com are notable examples), though many traders still prefer software-based trading platforms.

There are a handful of popular software-based forex platforms that are used most often, such as Dealbook FX, Global Trading System, Metatrader, and Tradestation. There are a few good reasons why many traders prefer to trade using this type of setup, and there are many benefits as well as a few downfalls to using this type of software.

 

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