{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/learnpriceaction.com\/best-forex-trading-platform\/#BlogPosting","mainEntityOfPage":"https:\/\/learnpriceaction.com\/best-forex-trading-platform\/","headline":"The Best Forex Trading Platform Reviewed","name":"The Best Forex Trading Platform Reviewed","description":"Choosing a Forex trading platform can be quite tricky. There are a lot of things to consider from the best platforms for desktop, mobile or your tablet, to the best platform for your favorite indicators. In this guide we review the best Forex trading platforms for your trading and how you can get the most […]","datePublished":"2020-08-04","dateModified":"2023-11-15","author":{"@type":"Person","@id":"https:\/\/learnpriceaction.com\/author\/wikitrader\/#Person","name":"WikiTrader","url":"https:\/\/learnpriceaction.com\/author\/wikitrader\/","identifier":3,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/0ea5478bf32a8facb295e611de5326396acfc21a801487d6857ea9cad881afc6?s=96&d=wavatar&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/0ea5478bf32a8facb295e611de5326396acfc21a801487d6857ea9cad881afc6?s=96&d=wavatar&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Learn Price Action","logo":{"@type":"ImageObject","@id":"https:\/\/learnpriceaction.com\/wp-content\/uploads\/2018\/09\/Learn-Price-Action-Logo.png","url":"https:\/\/learnpriceaction.com\/wp-content\/uploads\/2018\/09\/Learn-Price-Action-Logo.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/learnpriceaction.com\/wp-content\/uploads\/2020\/07\/MT5-platform.png","url":"https:\/\/learnpriceaction.com\/wp-content\/uploads\/2020\/07\/MT5-platform.png","height":1260,"width":2240},"url":"https:\/\/learnpriceaction.com\/best-forex-trading-platform\/","about":["Trading Reviews"],"wordCount":911,"articleBody":"Choosing a Forex trading platform can be quite tricky.There are a lot of things to consider from the best platforms for desktop, mobile or your tablet, to the best platform for your favorite indicators.In this guide we review the best Forex trading platforms for your trading and how you can get the most out of them. Table of ContentsToggleMetatrader 4 (MT4) Trading Platform\u00a0Metatrader 5 (MT5) Trading PlatformcTrader PlatformTradingView Web PlatformThe Best Forex Trading Platform Overall\u00a0Metatrader 4 (MT4) Trading Platform\u00a0Metatrader 4 is the most widely used and popular trading platform in the world.The reason MT4 is so hugely popular and is used by millions of traders right around the world is because it comes with everything a trader needs and is super easy to use.With MT4 you have the ability to use a huge range of technical indicators that are built directly into your charts, customize your charts however you want them to look and even use custom indicators.After opening a free account you gain access to a wide range of different orders including instant trading, free demo \/ virtual trading and expert advisors.Just some of the Metatrader 4 platform features include;Easily use different alerts and notifications including push notifications to your phone.Customize your charts to make them look anyway you like.Easily use many order types including; pending orders, stop loss and take profit orders.Financial news and updates built directly into the platform.Chat with other registered community traders.Push notifications from the desktop platform.\u00a0 A very popular feature of MT4 is the indicators that come built directly into the platform and that you can easily select and use on your charts. These indicators include;Accelerator\/Decelerator OscillatorAccumulation\/DistributionAlligatorAverage Directional Movement Indextechnical indicatorsAwesome OscillatorBears PowerBollinger BandsBulls PowerCommodity Channel IndexDeMarkerEnvelopesForce IndexFractalsGator OscillatorIchimoku Kinko HyoMarket Facilitation IndexMomentumMoney Flow IndexMoving AverageMoving Average Convergence\/DivergenceMoving Average of OscillatorOn Balance VolumeParabolic SARRelative Strength IndexRelative Vigor IndexStandard DeviationStochastic OscillatorWilliams’ Percent RangeYou can Try MT4 With a Free Account Here Metatrader 5 (MT5) Trading PlatformThe Metatrader 5 (MT5) platform is very similar to MT4 with a few updates and tweaks.The major differences are there are added built in indicators and time frames that are not available with MT4.However; MT4 has been around for much longer and has proven to be much more popular. Because of that MT4 has had many, many more custom indicators built for it that you can add and use that cannot be used in MT5.Similar to MT4 you gain access to many different order types, desktop and mobile trading and the ability to use the webterminal.Metatrader 5 offers a large range of indicators and analytical objects and some of these cannot be found inside MT4.MT5 Includes;38 different technical indicators44 analytical objects21 different time frames1-minute trading historyThe ability for unlimited number of chartsYou can Try MT5 With a Free Account Here cTrader PlatformcTrader is a more advanced trading platform and is not normally recommended for the new or beginner trader.cTrader does come with some more advanced features that some other platforms do not come with. Some of the cTrader features include;Incredibly fast trade entry and executionLevel two pricingA full range of advanced order typesDifferent types of risk management toolsWith cTrader you will be able to see the full range of executable prices. These prices come directly from the different liquidity providers your broker is using.cTrader also gives you the ability to use advanced order types that some other platforms do not provide. These include; advanced take profit, breakeven, and trailing stop losses.You can Try cTrader With a Free Account Here TradingView Web PlatformTradingView is the newest platform of all the reviewed platforms.\u00a0Whilst TradingView can be incredibly handy for quickly checking prices of a huge range of markets directly from the internet, it is missing some key ingredients to compete with the bigger platforms.The TradingView platform can only be connected with a very small range of brokers. Most of these brokers are market makers who don’t have great reviews. This means that if you want to actually make real trades using TradingView you would either have to use one of these brokers or sign up to another broker and make trades through their charting platform.\u00a0For the charting and analysis side of things TradingView does a very nice job of making the charts clean and easy to use.A major positive is that you will be able to quickly and easily find a massive range of markets from individual stocks to Forex pairs and quickly assess their chart.Another very nice feature of TradingView is their community. They have a large community of traders posting trading ideas and discussing different market events. The Best Forex Trading Platform Overall\u00a0The reason Metatrader 4 (MT4) is so popular becomes clear the longer you use it. It is incredibly easy to add indicators, find and make trades and go through your trading history.You have the ability to change your charts and layout to whatever suits you and all of your desktop and mobile devices can be synced to the one trading account making it a great trading platform.You can Try MT4 With a Free Account Here "}