Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

5 Forex Trading Platform to opt for in 2021

Author: Matt William
by Matt William
Posted: Oct 20, 2022

Trading refers to buying and selling of stocks. However, in the global economy, Trading is not just confined to stocks. The interconnected economy paved the way to trade a variety of financial assets.

Nowadays, a trader can invest in stocks, foreign currencies, gold, oil and even cryptocurrencies. Back in the day, buying stock meant you owned a piece of the company, but now you can seek to opt for various trading instruments that suit your needs.

If you are a person who is already a trader or someone who is thinking about becoming a trader, then it will help you to rule out the most critical aspect of the trading world. Traders are often getting confused about which platform to register.

Since every currency pair trading broker claimed to be the best but our research and analysis landed on some of the finest and trusted trading platforms, which are highly user friendly and provide maximum benefit to their customers.

1. CapitalXtend

Capitalxtend an online forex trading platform is the most innovative and user-friendly platform. The team has thoughtfully provided the best of the investment ecosystem to the traders every day.

It has come up with a platform called MT4, where the trader can monitor, track, invest, deposit and withdraw funds with ease.

Also, it gives a transparent scenario of the real-time fluctuation of the market. Hence, it stands first as the best forex trading platform.

2. eToro

When it comes to the day to day trading, eToro is a good option. There are various social tools to access where one can create personal profiles spark discussion. It is a good platform for starters as it enables you to buy fractional shares. However, the only drawback is that eToro charges the inactivity fee of a 10$/month if you do not show any activity for 12 months.

3. VantageFX

VantageFX is a commission-free trading platform. It offers personalised trading accounts for all types of traders. This platform has the modern social trading tool coupled with Meta Trader 4 & Meta Trader 5. The drawback of this platform is associated with the minimum deposit, which is $200. Since most forex trading platforms usually charges a minimum deposit of $100.

4. Libertex

Libertex is a 20 -year old trading service provider. Being one of the established service providers in the market, it has widespread across countries and has more than 2 million clients. The commissions are very competitive (from 0.1% to 0.2%), and it does not charge any spreads. It has two trading platforms, and one can educate oneself from the educational videos provided. There is no withdrawal fee. But it charges an inactivity fee of $5 per month after 180 days of activity. You can trade all kinds of stocks, currencies, cryptocurrencies, commodities and Indices.

5. TD Ameritrade

TD Ameritrade is one of the veteran online trading brokers. It is an ideal platform for freshman and veteran traders. It is user friendly and educates traders with its knowledgeable content. The most notable feature is that it neither charge any minimum deposit to start trading nor charges any commission for stock trading. However, One can only use the Banking Transactions method to fund an account.

About the Author

Working in a Financial firm for past 10 years, and keeps audience up to date with market trends, insights, strategies and trading concepts.

Rate this Article
Author: Matt William

Matt William

Member since: Aug 23, 2021
Published articles: 9

Related Articles