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Top Forex Trading Platforms

By Charles Hopkins Published 10/14/2006 | Finance

When looking into some of the top Forex trading platforms, you should look for certain important features offered by the company. They should have trade strategies and experienced analysts available to give you tips, ideas, and advice on buying and selling in the market. Another feature that most places will offer is live support at all times either via phone or Internet. When it comes to your money, you should be able to get in touch with someone at any time so that your business can be done properly.

Oanda FXTrade is a highly recommended platform used by some of the most successful Forex traders. They offer great tools on their web site such as a quick currency converter, daily exchange rates, and a history of exchange rates. Their database has every currency available and you can customize your information searching so that you are only getting the specific information you are seeking. It is easy to use and at a low cost, which is puts you at an advantage no matter what your Forex trade experience level is.

If you're just starting out in the Forex market and want to test the waters before diving in, then look no further than XpressTrade Fx. This platform gives you many of the same features as the others, but offers a free 50,000 demo. This 30 day demo period will let you try out the different tools offered by the company and let you familiarize yourself with this their tools as well as learning the ropes if you are a newcomer. This is all using fake money but you will be updated with the current exchange rates. It may be all for fun, but this demo can essentially shape your Forex trading strategy.

If you are looking for a true pioneer of the field, MB Trading could be just your answer. This company truly caters to investors who are desperately seeking the tools the pros use on a daily basis to gain huge profits. While MB Trading may be a latecomer to the Forex trading market, they definitely know a thing or two about what customers want. Many companies require that you send an email and wait for a representative to respond. Unfortunately, the Forex market waits for no one, and this is why you can always count on having a friendly, knowledgeable representative there to answer your questions. If you cant make it to your phone, you can always access their live chat rooms where someone can help assist you in your problems. Customer support is truly where MB Trading shines.

Being a newcomer in this seemingly complicated market can be simplified with the use of a worthwhile trading platform. They can even provide you quality advice and assistance if you are experienced but still would like to get that extra insight into improving your buying and selling strategies. The Internet is full of great information and sites to consider, but be aware that there are plenty of scams out there. Doing your research is vital in choosing the right company that you are comfortable trying and trusting your money with.