Trade Gold Trading

Brokers and Online Trade Platforms List

The Online market, being one of the liquid financial markets means that traders can open trades in the market anytime they want & place their trade transactions.

Decreased requirements to trade the markets, high speed internet and the advancements in communication technology are all responsible for having propelled this market to where it's today. These changes took the market from being limited to large financial institutions and multinational companies to the point which the ordinary retail traders can now trade and participate in one of the biggest financial markets in globe through Online Trading networks or what's called the inter-bank market.

Because of the new clientele, brokerage companies began improving their services and accessibility. Different platforms suited for various different types of traders have been made so that to meet the needs of the new market. With accessible platforms and 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 dollars.

If you're interested in signing up a trading account, first thing that you will need is a PC computer with a high-speed internet connection. Highspeed internet connection is important for an effective trade to work. You need for your orders to be executed very quickly.

Next, you'll need to choose & select a online brokerage company, the broker company should provide you the trader 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 choose a platform that you're comfortable using.

  • It must provide real time data that's accurate and up-to-date.
  • It must be secure, and stable.
  • It should have charting & trading tools to perform analysis
  • It should also have a feature which will allow you to store your trade positions history
  • You should be able to execute orders with ease
  • Easy to learn with

With all the features, you as a trader can really improve the way you trade in market and also minimize the risk of you losing your money.

Consider opening a practice trading account, which is a practice trade account. This will allow you to try out the platform & market without risking any real cash. By practicing with practice demo account, you allow yourself the time to decide if this is actually the software platform which you'd like to use.

Brokers

STP means Straight Through Processing Network. With an STP you will be directly connected to the inter-bank network through the Straight Through Processing(STP) Network.

MT4

Platforms for PC - XAU/USD Mobile Apps for Mobile Phone

The Best Platform

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

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

Brokers offer online platforms that are designed to stream live streaming quotes to their customers (traders) so that traders can instantly execute trade orders.

Once one selects a broker, they then download their platform, install it on a PC computer with an online connection. Then open a account & sign in to the software to receive real time quotes of prices. This streaming data is graphically drawn and represented on a grid forming what is known as the charts. The trader can then open trades via this software platform provided. Brokers also offer Free Demo Accounts which are free practice accounts that beginners can practice trading with.

Trades can't be made directly on the online trading market, and can only be placed through an broker, connected to the internetwork of other banks, this is the network of international banks which are used to facilitate gold trading.

The most favored Trade software is known as MetaTrader 4 Platform (or MetaTrader 4), MT4 platform is very easy to learn & has some of the best charts and this MetaQuotes MT4 charting platform comes with Indicators for analysis of charts.

Many Traders agree that the best platform online is MT4 platform. When doing trade software platform comparison most traders compare and analyze other trading platformsplatforms as full of bugs, with a poorly designed user interface that is hard to use and navigate with, and sub-standard technical analysis tools to choose and select from.

Most gold Brokers have even switched to MT4 platform after facing pressure from their traders to implement this online software. Some brokers opting and choosing to offer a choice between, their own software and also MT4 platform, among other trading platformsplatforms like Currenex.

MT4 Platform Software

The MetaTrader 4 is a software for trading the financial trading markets. The MT4 platform has versions for both software platforms for PC computers and platforms for phone apps. The MT4 is a tool used by the Gold traders to gain and get access to the market, interpret and analyze price charts and open orders through to their brokers using MT4 platform software. The MetaTrader 4 is owned by broker from where you as a trader can download it for free from their web site.

Key features of MT4 Software - Desktop Version are:

  • Extremely Fast Trade Execution.
  • Realtime summary of client's order, account equity, floating profit and loss
  • Chart based Click Transaction via MetaTrader 4.
  • Market Analysis Tools and Technical Analysis Tools - indicators
  • Automated programming language and EAs (Expert Advisor).
  • Daily Trading Account Statement Sent to The Clients E-mail
  • Complete trading analysis package, with wide range of built in indicators and charting tools.
  • Multilingual user interface - English, Arabic, German, Spanish, French, Chinese, Russian

These features make MetaTrader 4 the most favored software.

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

MT4 Mobile Software Platform Edition

Trading on your phone allows you to manage your account on your portable phone device, whether it's your smart-phone or your Pocket PC. Mobile apps offer a alternative method to keep a tab on your account when you don't have access to your desktop PC. From your phone app you as a trader can keep up with market movements, analyze and interpret the movements and adjust your orders from the phone. With phone you as a trader can access financial trading markets from anywhere.

MT4 Mobile Trade Platform

  • Full features for management of trading accounts.
  • Accessible from any location worldwide
  • charts
  • 30 indicators - MetaTrader 4 indicators
  • Support all types of trading orders
  • Financial market news
  • VGA mode support.

MT4 Mobile (Smartphone Edition)

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

The MT4 Mobile platform - Smartphone Edition is the mobile trader for smart phones operating under the Microsoft Windows Mobile.

Learn More Tutorials and Lessons:

Forex Traders Seminar Gala

Forex Traders Seminar

Gold Broker