Online Trading Platforms

More and more people are investing online nowadays. They invest in shares, commodities, indices, currencies, cryptos and ETFs in the form of CFDs and they open and close deals on the go, from their PC or smartphone. This is a new age of trading, and as such it deserves new platforms to enable investors to easily access their trading account, as well as to monitor and manage their deals. In this article we will discuss some of the different trading platforms available to traders and show you their different abilities and limitations.

At iFOREX, we don’t just use existing trading platforms. We produce our own proprietary, fully-customizable platforms designed specifically for modern traders. We have several trading platforms which can be used side-by-side. Here’s a quick overview of each.

• Mobile (and apps!)
  This unique platform was created for dynamic, modern investors and makes it possible for people to access their account anywhere, at any time - a huge advantage considering that global markets operate around the clock.
  For the ultimate mobile experience, traders can download our Android or iOS apps for free, directly from the App Store or Google Play. The iFOREX app has already been downloaded over 150,000 times.

• Web
  This user-friendly web platform provides maximum freedom. It allows traders to access their account from a variety of different devices and to open or close deals instantly and easily.

Too much information?
Here’s a short comparison of the key elements of each platform:

How to open a deal

Opening a deal through the iFOREX trading platforms is very quick. In fact, you can do so in 3 steps.

01	Choose an instrument (the instrument you want to trade)
02	Choose direction (do you believe the price will move up or down)
03	Choose deal size (how much you want to invest)

If you’ve never traded before, this might seem a bit complex, but here’s a short video that will show you it’s not a big deal:

iFOREX clients can access a variety of trading tools that are designed to assist them in trading and making decisions. Our most popular trading tools include:

• Trading charts: Can be used to follow past performance, for analysis and to make informed decisions.
• Market signals: Provided by an independent source, featuring market trends.
• Daily news and analysis: Focusing on major market events and discussing their possible impact and implications.
• Economic calendar: Lists major economic events and is updated daily for your convenience.
• Stop loss / take profit: Market orders that enable you to “lock” profits or limit losses.

Remember:
iFOREX also offers many educational resources, created to assist traders to expand their knowledge of the market, trading strategies and opportunities. These resources include video tutorials, PDF guides and 1-on-1 training with a trading coach.

Types of tradable instruments

iFOREX offers a huge variety of CFD products for you to invest in. They include shares such as Google or Apple, commodities such as gold or oil, currency pairs such as the EUR/USD or the USD/JPY and indices such as the US Tech 100 and Germany 40. Some traders prefer to specialize in very specific instruments while others opt for portfolio diversification, which helps to reduce risks.

Take a look at this short video, featuring our selection of tradable instruments.

You can also see our full list of tradable instruments and their details on our trading conditions page.

The key elements of the iFOREX trading platforms

• Allow for easy access to global markets
• Enable you to access your account anytime, anywhere
• Include advanced trading tools
• Offer useful information
• Can be easily customized by traders
• Feature a wide variety of CFD instruments
• Designed for the needs of modern traders

Conclusion

Online trading platforms are handy pieces of software designed to put you in the driver's seat of your financial trading, feeding you the news and price information you need to keep your finger on the pulse of the markets. They also equip with modern technology suited to help you take advantage of that information in making timely deals. iFOREX clients enjoy the use of live charts, technical indicators, and trading sentiment tools that sensitize you to the mood in the markets, which is exactly what you need in order to succeed.

For novice traders, online trading platforms don't offer any magical formula for success. What they offer is a realistic path to educating yourself sufficiently to trade online and the technical tools you need to be at your best. iFOREX is a great partner for any financial trader to have, not only because of their uniquely powerful education center, but also in giving you the opportunity to consult a real trading coach and practice trading with a demo account. Finally, iFOREX prides itself on its attentive customer service, so don't hesitate to be in contact through phone, email, or chat.