Are you looking for the best reliable, regulated and professional trading platforms?
Finding the best Forex platforms is not easy!
If you are an unexperienced trader or if you have just approached the world of online trading and would like to open your first demo trading account, we recommend that you rely on one of the regulated brokers that we have reviewed to trade safely.
In this post we will list the best trading platforms in comparison, here are the types of online trading brokers available:
- Forex Platforms;
- CFD Trading Platforms (stock market, commodities, ETF, stock indices).
- Trading Brokers to invest in the stock exchange.
Today we will analyze in detail the best online professional trading platforms.
For each paragraph we will analyze a different trading platform, and at the bottom of the paragraph you will find the link to visit the trading platform just listed.
We specify that the brokers listed here have a regular license, they can therefore offer their brokerage services to clients in Europe, in accordance with the directives of MIFid II.
The best online trading platform is characterized by a series of features that are listed in the relevant in-depth / detailed reviews.
We want to talk about regulated online brokers that are worth knowing for a variety of reasons that you will discover below.
|Platform||Minimum Deposit||Leverage||Minimum Spread|
*only for professional traders. 1:30 max for all retail traders
Trading Broker eToro – Forex, CFD & social trading Platform
The eToro broker is the leading broker in the social trading sector, as well as being one of the best CFD (contract for difference) brokers.
Through CFDs, the traders can operate on different assets, like:
- stocks of various national stock exchanges;
- stock indices of various national stock exchanges;
- currencies of Forex market;
The trading platform of eToro broker was conceived especially for beginners:
the eToro trading platform is easy to use, besides being stable and free of bugs or slowdowns ((barring unforeseen events, as for all platforms).
But as already mentioned above, the real strength of this broker is social trading, which in conjunction with the copy trader allows you to get gains (or losses) by copying other traders.
What is eToro’s social trading?
Simple. Social trading allows traders to interact with other traders on the eToro platform, giving the opportunity to share trading experiences with other traders and ask for advice, or even just examine the trading profiles of more experienced traders.
Once the different profiles have been examined, thanks to the copy trader, anyone can automatically copy the operations of other traders (including professional traders): a big advantage for those who have just started trading online.
But the benefits don’t end there!
In addition to the possibility to search for the most profitable traders and copying their operations automatically, you can also interact with other users: you can ask questions, resolve doubts of other traders, read the analysis made by the community, as well as publish and share your analysis.
But there are also advantages for professional traders: if you are good, it means that there will be less experienced traders ready to follow you.
The eToro broker pays a monthly commission depending on how many “copiers” (or traders) are following you.
IQ Option: user friendly Forex platform
The Forex and CFD broker IQ Option is regulated by CySEC, which is the supervisor on the financial markets of Cyprus, the country where the broker is based. With this license, IQ Option can operate throughout the European Union.
IQ Option offers a very user friendly self-made platform. In fact, IQ Option traders are very satisfied with the design and ease of use with which they can negotiate the available assets.
The platform can be reached both from mobile devices and from the computer and it is not necessary to download it, although this is available for free, should you wish to access it without going through the browser.
IQ Option offers a platform with a multi-graphic layout, technical analysis tools, historical quotes and much more. There is also an interactive chart that can help you monitor your operations, and in general the market you intend to invest in.
There are many assets on the platform, among these we include the Forex currency pairs, commodities, cryptocurrencies, ETFs, indices and stocks. Professional clients can also operate with binary options, while retail clients cannot, but they can take advantage of the new FX options, also approved by ESMA.
One of the strengths of IQ Option is certainly its minimum deposit of just € 10 and is the most competitive on the market. The demo account is instead free and you can trade risk-free with virtual money!
Free online trading platforms
There are many people looking for free online trading platforms.
Brokers often offer their own free Forex platform. In other cases there are commissions or other. This changes from broker to broker, the advice is to always inform you.
There are many brokers that offer free online trading demo accounts and for unlimited time..
The brokers listed above also offer free demo accounts: in this case, you only need to register with the broker and you will have access to your demo account for trading.
But if you want to trade real, therefore using your money, know that you will need to make a first deposit.
All trading platforms have costs: after all, the broker who offers you the trading platform and services is a business.
And like all businesses, it has costs to bear, as well as profits to earn in order to continue its activity.
According to the type of broker, there can be more or less fees.
That’s why you must always read carefully the conditions regarding the fees applicable in the information page of the broker you have chosen.
There are brokers who maybe charge a small commission for each withdrawal made; others who do not have commission on withdrawals, but perhaps have higher than average commissions regarding the opening of individual trading operations.
In these cases, knowledge is power: get informed, and if necessary also contact the broker’s customer support to clarify any doubts about it.
The trading platforms are softwares, where you can negotiate financial assets.
Not necessarily. Many online brokers have developed their own trading platform, but some of them decide to use an external platform, like for example the Metatrader 4.
The online trading is the exchange of financial assets made through internet.