If you would like to enter the exchange, you should search for a licensed broker and get access to the platform for trading. The latter also plays a crucial role in your further progress. However, how to choose one among all the existing options?
Of course, a broker can advise you on this issue, or you can use a forex beginners demo at the beginning of your way. Still, you should know the characteristics of a high-quality platform and check the following points:
- Proper optimization of software.
- The range of available functions.
- The fastness of data processing and convenient navigation.
- Good visualization of the information; simple and clear interface.
- A set of instruments for analysis of a market situation.
- Integration of different indicators.
- Availability of automated trading.
- Different modern options like R Trader Mobile that can be installed on any device.
- Support in case of general questions, technical, and other issues.
In addition, the platform must be secure and confidential and protect your personal data. If you find such an option, you still need to test it and then make a final decision on its utilization for broker trading and further activities.
Here, we have compiled a short list of popular options that are known for their advantages.
Interactive Brokers
Hundreds of positive reviews prove the good reputation of this broker. Here, one can create an account and choose the parameters according to the financial goals, leverage, and other important factors.
eToro
This platform provides a concept of social trading where beginners can follow experienced players and copy their actions. Such a strategy inevitably leads to a positive balance that is more than inspiring.
AvaTrade
This is an international broker that provides a huge amount of financial instruments. Different currency pairs, CFDs on stocks or funds, and other options that will satisfy both beginners and enthusiasts.
IC Markets
This company provides a True ECN and has gained a strong reputation on the market. Here, one can find favorable conditions for different activities together with a huge number of regular customers.
Angel Broking
Via this service, one can trade different assets and make investments. The team of professional consultants will help in case of any issues. In addition, there are useful educational materials and advanced instruments for analysis of your actions.
Zerodha KITE
This option is more suitable for those who have some experience and clearly understand their goals. That is because of the huge number of available options and assets. So, you need to take your time to learn more about them before acting actively.
IG
This is a trusted experienced broker known for its global presence. Its activities are regulated by local authorities of the country where the operation occurs. There are many financial instruments from which one can benefit.
Of course, the whole list of trustworthy platforms is wider. If you are a novice in this area, choose the company that provides its clients with demo accounts. This way, you will better understand its pros and cons.
