Forex trading terminal - is a special software that the trader downloads from the site brokerage or dealing center, which co-operates, installs on your PC (or any other device). The main function of the trading platform - giving traders an opportunity to enter into the transaction and displays the dynamics of currency pairs.
Through terminals Forex traders spend a number of activities - buying and selling currency, build price charts, open different accounts. Very often, coming to the Forex market, traders do not pay enough attention to the choice of trading platform, considering that they are all about the same and there is no difference, what software to download. But this is not true - in the functionality of the program can be very different, which significantly affects the ease of trade in general, and the ability to perform specific actions in particular.
By choice of the terminal, many traders prefer MetaTrader 4 platform, which is by far the most functional, comfortable and easy accessible. The platform provides fast and high-quality work, proper level of security, not only allows traders to make transactions, see the quotes and get news online, but also to create their own use in a variety of technical means for automation of trade.
Main advantages of MetaTrader 4 - the possibility to use in a variety of indicators, strategies, scripts, signals, create your own, test, edit, etc. Flexible, extensive choice of standard programs, the ability to create your own attracts experienced traders, who can not imagine their work without it. A user-friendly interface, easy operation, the presence of all "at hand" is important for beginners. PoetomuMetaTrader4 It is considered the most popular and in demand program.
Experienced traders say that when choosing a trading platform should not trust the opinions of other people (within reason, of course), and it is best to try to work with various programs on their own to assess their advantages and disadvantages, usability for a particular user. To do this, you must create an account with a brokerage company or dealing center, download the proposed trading platforms, test terminals.
To test loaded terminals need to open a demo account in DC or a broker, choose one or another currency pair (it is best to give preference to the one from which the trader intends to work or to choose the most popular), to analyze the speed data on the movement of currency prices. Both stationary and mobile Forex trading terminal should respond quickly to changes, update online, work quickly and smoothly.
In order to check the efficiency of operation of the terminal, you need to take a number of actions. So, at the moment of the dynamic movement of the currency pair trader needs to make a deal to buy and fix the terminal reaction quickly. If a bet has been issued instantly and at a specified purchase price, it says about the integrity of the trader and the high speed performance of the terminal.
By choice of the trading terminal, you should pay attention to such possibilities and parameters as the size of the deposit, the type of terminal, the ability to use credit cards, open a demo account, a high level of security, service and technical support. The terminal must be stable, convenient for a trader, have forecast tools and analytical materials, regularly updated news, various technical tools for automation.
