Trade Forex Trading

Platform Online and Online Platforms

The Online market being one of the liquid financial market means that traders can open trades in the market anytime they want and place their trades.

Decreased requirements to trade the markets, high speed internet and the advances in the communication technology are all responsible for having driven this market to where it is today. These changes took the market from being limited to large financial institutions and multinational companies to the point which ordinary traders can now trade and participate in one of the largest financial market in the globe through Online Trade networks or what is referred to as the inter bank market.

Because signal of the new clientele, online brokers began improving their services and accessibility. Different platforms suited for different types of traders have been designed to meet the needs of the new online market. With accessible online platform softwares & software platform that's constantly being improved, brokers are finding that the popularity of the market is rapidly growing.

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

If you're interested in opening a account, first thing that you'll need is a computer with a high-speed internet connection. The high-speed internet connectivity is critical for an effective trade strategy to work. You need for your trade orders to be processed quickly.

Next, you'll need to choose a broker company, the broker should provide you the trader with a platform to use. The Platform Online is simply a software program that's necessary to connect to the trading market. You download it to your pc desktop computer PC & use it.

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

  • It must provide real-time information that's accurate & up-to-date.
  • It must be secure, & stable.
  • It should have charting and trading tools to perform trading analysis
  • It should also have a 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 gold trader can really improve the way you trade in market & also minimize risk of you losing your money.

Consider opening a demo practice trade account, which is a demo practice account. This will allow you to try the trading platform software & also practicing to trade the live market without risking any real money. By practicing trading with the practice trading account, you allow yourself the time to decide if this is the software program/platform that you would like to use.

Gold Platform Online Trading

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

MT4 - Platform Online Trading

Gold MT4 Platform Software Download Gold MT4 Platform Software Platform Lesson

Platform Online trading

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

Traders that participate in XAUUSD are investors that want to make profit by buying instruments which are appreciating in value and selling the ones which are depreciating. To trade online, a xauusd/gold trader needs to open a xauusd account with a broker & deposit money to facilitate online XAUUSD Trade transactions.

Platform Online are designed to stream live trading price quotes to their clients (speculators) so that as the speculators can instantly execute trades.

Once a trader chooses/selects a Software Online, they then download their platform, install it on a computer with an inter-net connection. Then open an account & login to the platform to receive streaming quotes of xauusd. This live streaming data is graphically drawn on a grid forming what is referred to as the charts. The trader can then place transactions through this software platform provided. Brokers also offer Demo Accounts that are free practice trading accounts that beginner traders can practice trading with.

Trades can not be made directly, and only can be set and placed through an online broker, connected to the internetwork of other banks, this is the network of international banks which are used to facilitate xauusd.

The most favored Trade software is known as MT4 (or MT4), It is very easy to learn & has some of the best charts & the charting package comes with Indicators for analysis.

Many Traders agree that the best Software Online is the MetaTrader 4 software. When doing software comparison many traders compare and analyze other trading softwaresplatforms as buggy (full of bugs), with a poorly designed user interface that is hard to use and navigate with, & sub-standard analysis tools to select from.

Most Brokers have even switched to MT4 after facing pressure from their traders to implement this software. Some opting to offer a choice between, their own software and also the MT4, among others like Currenex.

Platform Online Trading

The MT4 is a platform software for trading the financial markets. The MT4 has versions for both computers & Mobile phones. MetaTrader 4 is a tool used by traders to gain access to the market, analyze price charts & place and open trade orders through to their MT4 software. The MetaTrader 4 software is owned by the broker from where you as a gold trader can download it for free from their web site.

Key features of the MT4 Platform Software - Platform Online software:

  • Extremely Fast Order Execution.
  • Real Time summary of client's order, equity, floating profit and loss
  • Chart based Click Transaction via MT4.
  • Market Analysis Tools & Technical Analysis Tools - technical indicators
  • Automated XAU USD coding language & Expert Advisors.
  • Daily Account Statement Sent to the Clients E-mail
  • Complete xauusd analysis package, with wide range of built in indicators and charting & trading tools.
  • Multilingual user inter-face - English, Arabic, German, Spanish, French, Chinese, Russian

These features make the MT4 the most favored Platform Online software.

As a trader you as a gold trader can download Online MT4 Platform Software & practice trading with these tools on a demo account.

Study More Courses & Tutorials:

Forex Market Traders Seminar Gala

Forex Market Traders Seminar

XAUUSD Broker