Trade Gold Trading

Brokers and Online Trading 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 trades.

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

Because of the new clientele, online brokerage firms 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 & software that's constantly being improved, brokers are finding that popularity of market is rapidly increasing.

Many Brokers feature Micro trading 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'll need is a PC Desktop computer with a highspeed internet connection. Highspeed internet connection is important for an effective trade to work. You need for your orders to be executed quickly.

Next, you will need to choose a online brokerage company, the company should provide you with a platform to use. The platform is simply a software program that's essential to connect to the market. You download it to your computer and use it.

It's important that you select 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 tools to perform trading analysis
  • It should also have a feature which will allow you to store your trade transactions 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 & also minimize the risk of losing 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 time to decide if this is actually the program 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

Trading Softwares for PC - XAUUSD Mobile Apps for Mobile Phone

The Best Platform

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

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

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

Once one selects a broker, they then download their platform, install it on a computer with an internet connection. Then open a trading account & sign in to the software platform to receive real-time quotes of prices. This streaming date is graphically drawn on a grid forming what is known as the charts. The trader can then open trades via this software 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 set through an broker, connected to the inter-network 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 MT4 Software (or MetaTrader 4), MetaTrader 4 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 MetaTrader 4 software. When doing trade platformplatform comparison most traders compare 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 from.

Most gold trading Brokers have even switched to MetaTrader 4 platform after facing pressure from their traders to implement this online software. Some brokers opting to offer a choice between, their own software & also MetaTrader 4 platform, among other trading platformsplatforms like Currenex.

MT4 Platform Software

The MetaTrader 4 is a software for trading the online financial markets. The MT4 platform has versions for both platform softwares for PC computers and platforms for phone apps. The MT4 is a tool used by traders to gain access to the market, interpret price charts and place orders through to their brokers using MetaTrader 4 platform. The MetaTrader 4 is owned by online broker from where you can download it for free from their 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 MT4.
  • Market Analysis Tools and Technical Analysis Tools - indicators
  • Automated programming language and EAs (Expert Advisor).
  • Daily Trading Account Statement Sent to Clients Email
  • 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 can download MetaTrader 4 Platform and practice trading with these tools on practice account.

MT4 Mobile Platform Software 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 trading 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 the movements and adjust your orders from the phone. With phone you can access financial markets from anywhere.

MetaTrader 4 Mobile Trading Platform

  • Full features for management of trading accounts.
  • Accessible from any location globally
  • charts
  • 30 indicators - MT4 indicators
  • Support all types of orders
  • Financial market news
  • VGA mode support.

MetaTrader 4 Mobile (Smartphone Edition)

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

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

Learn More Tutorials and Lessons:

Forex Traders Seminar Gala

Forex Traders Seminar

Gold Broker