XAUUSD Brokers & Online Softwares List

The Online market, being one of the more liquid financial market means that online 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 communication technology are all responsible for having driven this trading market to where it is today. These changes took the market from only being limited to large financial institutions ++2& multi-national companies to the point where ordinary people can now trade ##2& participate in one of the biggest ##2++financial--marketfinancial--markets in the world via Online Trading networks or what's referred to as inter-bank market.

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

Many Online Brokers feature Micro accounts. These accounts allow their clients to register & 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 inter-net connection. The fast internet connection is important for an effective trading strategy to work. You need for your orders to be executed quickly.

Next, you will need to choose a xauusd brokerage company, the company should provide you with a platform to use. The platform is simply a software program that is essential to connect to the market. You download it to your computer and use it.

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

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

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

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

XAUUSD Brokers

STP stand for Straight Through Processing NNet-work. With an STP you'll be direct connected to the interbank net-work through the STP Net-work.

MT4

XAUUSD Platforms List

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

Traders who participate in XAUUSD are investors who 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 trader needs to open a account with a broker & deposit money 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 PC with an inter-net connection. Then open an account & sign-in to the platform to receive realtime quotes of xauusd. This streaming date is graphically drawn on a grid forming what is known as the charts. Trader then can place trades through this trading 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, & can only be set through an online broker, connected to the inter network 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 MetaTrader 4), MetaTrader 4 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 technical analysis of charts.

Many Traders agree that the best xauusd platform online is the MetaTrader 4. When doing software comparison many traders compare other platforms as full of bugs, with a poorly designed user interface that's hard to use & navigate with, and sub-standard technical analysis xauusd tools to choose from.

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

Meta Trader 4 Platform

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

Key features of Meta Trader 4 Software - Desktop Version are:

• Extremely Fast Trade Execution.
• Real time summary of trader's order, account equity, floating profit and loss
• Chart based Click Transaction via MT4.
• Market Analysis Tools & Analysis Tools - indicators
• Automated programming language and Expert Advisors (EA).
• Daily Account Statement Sent to Clients E-mail
• Complete technical analysis package, with wide range of built in indicators & charting tools.
• Multilingual user interface - English, Arabic, German, Spanish, French, Chinese, Russian

These features make the Meta Trader 4 the most favored software.

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

Meta Trader 4 Mobile Software Version

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

MT4 Mobile Platform - Softwares List

• Full features for management of trading accounts.
• Accessible from any location worldwide
• gold charts
• 30 indicators - MT4 indicators
• Support all types of orders
• Financial market news
• VGA mode support.

Meta Trader 4 Mobile (Smartphone Edition)

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

The MetaTrader 4 Mobile platform - Smartphone Edition is the mobile trader for smartphones operating under the MS Windows Mobile.