Profit Guide to Forex
Forex Profit Systems

What is the best platform for Forex Trading?

I want to invest in forex market.It seems more hopeful in future.which plat form gives the best analysis and free practice account with some bonus.I need real answers!!!!!!!!

Public Comments

1. What?? Invests in forex market? Are you one hundred per cent insane?? Who invests in forex market these days?

2. The uncertainity in the world markets is effecting the currency which is evident from the fall of euro within one month it has fallen from 1.51 dollars to 1.40. hence it is a big risk.

3. The most important things you should consider while selecting the best forex trading platform are
1. Popularity of that platform
2. How much user friendly it is.
3. Is it giving a free practice trading account before u start real trading.
4. Is it giving you all the latest updates and market reviews which will help u to make right trade.
5. Is it providing the best tools to make your own analysis.

As far as i m concerned, i have been doing successful trading from past 3 year. I am using Finexo as my trading platform and my earning potential has been increased pretty well.
I would suggest that you start using this platform as well.

4. There is no good FX platform or company.

There are only ones less bad. Be very careful.... it's very easy to make money in a practice account. Paper money trading should never be used as a guide to the future. You only want a US regulated company (anything else can lead to great financial pain).

Some good choices;
GFT
InterbankFX

A great example of what to avoid;
eToro
finexo (very, very, very expensive)

Two good web sites for you;
http://www.fx360.com/
http://www.babypips.com

5. I use IGIndex for my speculative punts on the Forex market - you can use them from pretty much anywhere in the world EXCEPT FROM THE USA. I prefer to use spread betting as it's tax free and I get no hassle from the inland revenue with spread betting. If you live in the USA you cannot gamble/spread bet/trade CFDs online, it is totally illegal in the US and no company will accept the account of someone living in America. But you might wanna try searching for OandA if you're in the USA, I think you might be able to use them if you're American.

I'd strongly advise using a proper mechanical/technical trading system if you're going to trade currencies http://www.myforexdot.org.uk/FreeTechnicalTradingSystems.html

6. You can visit http://www.brokers4forex.com/, they have reviews on two very good online forex trading platforms.

One is a great forex trading broker that gives you 5$ to start trading without depositing, the other one is another good forex broker to start with.