Brokers and Online Platforms List

The Online market, being one of the liquid financial market means that traders can enter the market anytime they want and place their trades.

Decreased requirements to trade the market, high speed inter-net & the advances in communications technology are all responsible for having driven this trading market to where it is today. These changes took the market from being limited to big financial institutions and multinational companies to the point which ordinary people can now trade and participate in one of the biggest financial market in globe through Online Trading net-works or what's referred to as the interbank market.

Because of this new clientele, online brokerage firms began improving their services and accessibility. Different platforms suitable for different types of traders have been designed to meet the needs of this new market. With accessible online platforms & software that is constantly being improved, brokers are finding that popularity of the market is rapidly growing.

Many Online Brokers feature Micro accounts. These accounts allow their clients to register and open a crude account with a minimum margin of $5 dollars.

If you are interested in opening a account, the first thing that you will need is a computer with a high-speed internet connectivity. The high-speed inter net connectivity is important for an effective trade to work. You need for your trade orders to be processed quickly.

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

It is important that you choose a platform that you're comfortable using.

• It must provide real time information that is accurate and up-to-date.
• It must be secure, and stable.
• It should have charting tools to perform analysis
• It should also have the feature that will allow you to store your trade transactions history
• You should be able to open orders with ease
• Easy to learn with

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

Consider opening a practice crude account, which is a practice account. This will allow you to try out the oil software and the market without risking any real money. By practicing with practice account, you allow yourself time to decide if this is actually the program which you would like to use.

Brokers

STP stand for Straight Through Processing Network. With an STP you will be directly connected to the inter bank network through the STP Network.

MetaTrader 4

Trading Platforms List

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

Traders who participate in Oil Trading are traders who want to make a profit by buying oil when price is appreciating in value and selling oil when price is depreciating. To trade Oil online, one needs to open a account with a broker and deposit money to facilitate online Trade transactions.

Brokers offer online platforms that are designed to stream live price quotes to their clients (speculators) so that speculators can instantly execute trades.

Once a trader selects a broker, they then download their platform, install it on a PC computer with an internet connectivity. Then open an account and sign in to the software to receive realtime quotes of oil instruments. This streaming date is graphically drawn on a grid forming what is known as the charts. The trader can then place trades through this software platform provided. Trading Brokers also offer Free Trading Demo Accounts which are free practice accounts that beginner traders can practice oil with.

trades can't be made directly on the online market, and can only be set through an online broker, connected to the inter network of other banks, this is the network of banks used to facilitate crude oil.

The most favored Oil software is known as MT4 Trading Platform (or MT4), MT4 trading software is very easy to learn and has some of the best charts and this Metaquotes MT4 charting package comes with Indicators for technical analysis of crude charts.

Many Traders agree that the best platform online is the MT4 platform. When doing platform comparison most online traders compare other softwares as full of bugs, with a poorly designed user interface that's hard to use & navigate with, and sub-standard analysis oil tools to choose from.

Most oil trading Brokers have even switched to MetaTrader 4 platform after facing pressure from their clients to implement this online oil software. Some brokers opting to offer a choice between, their own oil software and also the MT4 trading software, among other trading platforms like Currenex.

MT4 Platform

The Meta Trader 4 is a software for trading the online financial markets. The MT4 trading software has versions for both platforms for PC computers & platforms for phone apps. MetaTrader 4 platform is a oil tool used by online crude traders to get access to the market, interpret price charts and place orders through to their brokers using Meta Trader 4 platform. The Meta Trader 4 software is owned by the broker from where you can download it for free from their web site.

Key features of the MetaTrader 4 Trading Software - Desktop Version are:

• Extremely Fast Execution.
• Real time summary of client's order, account equity, floating profit & loss
• Chart based Click Transaction via MT4 Trading Platform.
• Market Analysis Tools and Technical Analysis Tools - technical indicators
• Automated coding language & Expert Advisors (EA).
• Daily Account Statement Sent to Clients Email
• Complete technical 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 MT4 Platform and practice trading with these Oil Trading tools on a practice crude account.

MT4 Mobile Software Edition

Trading on your mobile allows you to manage your crude trading account from your portable phone device, whether it is your smartphone or your Pocket PC. Mobile platforms offer a convenient way to keep a tab on your trading account when you do not have access to your desktop PC. From your mobile phone platform you can keep up with the market movements, analyze the movements and adjust your orders from the mobile phone. With mobile phone you can access financial markets from anywhere.

Meta Trader 4 Mobile Platform - Trading Platforms List

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

MT4 Mobile (Smartphone Edition)

• Full features for management of accounts.
• Accessible from any location worldwide
• crude charts
• Technical indicators - MetaTrader 4 indicators
• Supports all types of orders.
• Financial market news

The Meta Trader 4 Mobile platform - Smartphone Edition is the mobile trader for smart phones operating under the MS Windows Mobile.