XAUUSD Brokers & Online Softwares List

The Online market, being one of the more liquid financial trading market means that traders can enter the market at anytime that they want and place their trades.

Decreased requirements to trade the market, high speed internet and the advances in communications technology are all responsible for having propelled this trading market to where it's today. These changes took the market from only being limited to large financial institutions & multi-national companies to the point where ordinary people can now trade & participate in one of the biggest financial trading markets in the world via Online Trading networks or what's referred to as inter-bank market.

Because of this new clientele, brokerage firms began improving their services and accessibility. Different platform softwares suitable for different types of traders have been built and designed to meet the needs of this new market. With accessible softwares and software that is constantly being improved, brokers are finding the popularity of the market is rapidly increasing.

Many Brokers feature Micro accounts. These accounts allow their clients to register and open a account with a minimum margin of $5 dollars.

If you are interested in opening a xauusd account, the first thing that you will need is a computer with a high-speed internet connection. The fast online internet connection is important for an effective trade strategy to work. You need for your orders to be executed quickly.

Next, you'll need to choose a xauusd brokerage company, the company should provide you with a software to use. The trading platform is simply a software program that is needed to connect to the online trading market. You download it to your desktop computer & use it.

It is important that you choose a platform that you're comfortable using.

• It must provide realtime data that is accurate & up-to-date.
• It must be secure, and stable.
• It should have the charting tools to perform technical analysis
• It should also have the feature that will allow you to store your trade positions history
• You should be able to execute orders with ease
• Easy to learn with

With all these features, you as a trader can really improve the way you trade in market and also minimize the risk of you losing money.

Consider opening a demo account, which is a practice account. This will allow you as a trader to try out the software & the market without risking real money. By practicing with practice gold account, you allow yourself enough time to decide if this is actually the software program that you'd like to use.

XAU/USD Brokers

STP stands for Straight Through Processing(STP) Network. With an STP you'll be directly linked to the inter-bank network through the STP Network.

MetaTrader 4

XAUUSD Platforms List

Most traders will generally favor using an STP Broker because it's much easier to place trade transactions on STP execution

Traders who participate in XAUUSD are investors that want to make a profit by buying xauusd when the price is appreciating in value and selling xauusd when the price is depreciating. To trade online, a gold trader needs to open a account with a broker & deposit funds to facilitate online transactions.

Brokers offer online trading platforms that are designed to stream live realtime quotes to their clients (speculators) so that traders can instantly execute trade orders.

Once a trader chooses a broker, they then download their platform, install it on a computer with an inter-net connection. Then open an account & sign-in to the platform to receive realtime quotes of xauusd. This streaming price data is graphically drawn on a grid forming what is known as the charts. Trader then can place trades through this platform provided. Brokers also offer Free Demo Accounts that are free practice accounts that beginner traders can practice xauusd with.

XAUUSD trades can not be made directly on the online market, & only can be set through an broker, connected to the internet-work of other banks, this is the network of global banks that are used to facilitate xauusd.

The most favored software is known as MT4 Platform Software (or MT4), MT4 software is very easy to learn and has some of the best xauusd charts and this MetaQuotes MT4 charting platform comes with XAUUSD Indicators for trading analysis of charts.

Many Traders agree that the best xauusd platform online is the MT4. When doing software comparison many traders compare & analyze other trading softwaresplatforms to be full of bugs, with a poorly designed user interface that is hard to use & navigate with, & sub-standard technical analysis xauusd tools to choose from.

Most xauusd trading Brokers have even switched to MetaTrader 4 platform after facing pressure from their clients to implement this online software. Some brokers opting to offer and provide a choice between, their own xauusd software & also the MT4 platform, among other platformsplatforms like Currenex.

Meta Trader 4 Platform

The MetaTrader 4 is a platform for trading the online financial trading markets. The MT4 platform has versions for both platforms for PC Desktop computers and platforms for phone apps. The MT4 platform is a xauusd tool used by traders to gain access to the market, interpret price charts & place orders through to their brokers using MT4 software. The MT4 platform is owned by the online broker from where you as a trader can download it for free from their web site.

Key features of MT4 Software - Desktop Version are:

• Extremely Fast Trade Execution.
• Realtime summary of client's order, account equity, floating profit and loss
• Chart based Click Transaction via MT4.
• Market Analysis Tools and Analysis Tools - indicators
• Automated coding language and EAs.
• Daily Trading Account Statement Sent to the Clients E mail
• Complete trading analysis package, with wide range of built in indicators and charting tools.
• Multilingual user work-space - English, Arabic, German, Spanish, French, Chinese, Russian

These features make the MetaTrader 4 the most favored platform.

As a trader you as a trader can download MT4 Platform/Software and practice trading with these tools on practice account.

Meta Trader 4 Mobile Platform Software Version

Trading on your mobile allows you to manage your account from your portable mobile phone device, whether it's your smart-phone or your Pocket PC. Mobile apps offer a alternative method to keep a tab on your account when you don't have access to your desktop PC. From your phone app you as a gold trader can follow market moves, analyze the movements and adjust your trade orders from the mobile phone. With phone you as a trader can access financial trading market from anywhere.

MT4 Mobile Platform - Softwares List

• Full features for management of accounts.
• Accessible from any location globally
• gold charts
• 30 indicators - MetaTrader 4 indicators
• Support all types of trading orders
• Financial market news
• VGA mode support.

Meta Trader 4 Mobile (Smartphone Edition)

• Full features for management of trading accounts.
• Accessible from any location world wide
• xauusd charts
• Indicators - MT4 indicators
• Supports all types of trading orders.
• Financial market news

The MT4 Mobile platform - Smartphone Edition is the mobile trader for smartphones operating under MS Windows Mobile.

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