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Trading

5 Best Upcoming Forex Trading Platforms

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Overview

Despite whether you are a beginner or a professional trader, you need a reliable trading platform that incorporates all the tools and features needed to help you make informed, split-second trading and investment decisions.

Forex trading and the technology that surrounds it, is constantly changing and evolving, with new developments announced frequently. There are new and upcoming forex trading platforms that have traders of all experience levels talking, and they are listed and discussed in the sections below. From regulated to unregulated platforms.

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GFF Brokers

Features

Owned and operated by Global Futures and Forex, Inc., GFF Brokers is a well-regulated US-based brokerage that offers traders and investors from around the world professional, reliable trading services.

GFF Brokers is well-known for its suite of trading platforms to suit different trading objectives and needs, from beginners to professional and even institutional clients. GFF also offers managed futures programmes, automated, trading, and system ranking.

Pros and Cons

PROS CONS
Well-regulated by relevant authorities in the US Demo account not offered
Decent leverage ratios provided

 

IQ Cent

Features

IQ Cent is a new online forex and CFD broker that also offers trading in binary options alongside cryptocurrencies. IQ Cent offers a choice in dynamic retail investor accounts, with minimum deposits from as little as $10.

The IQ Cent trading platform is a competitive and innovative platform that has simplicity while offering advanced tools and features. There is a user-friendly interface that has “Call” and “Put” trading buttons, and traders are offered two options namely intraday and Turbo.

Pros and Cons

PROS CONS
Powerful proprietary trading platform US clients not accepted
Copy-trading tools
Wide range of tradable instruments

 

Colmex Pro

Features

Colmex Pro is a well-regulated Cyprus-based NDD broker that offers a proprietary Colmex Pro Multi-trader. This modern trading platform guarantees fast trade execution and offers real-time quotes across dynamic displays.

In addition to this, the Colmex Pro trading platform is available in 11 languages, displays up to 20 performers, and provides market depth up to level 2. There are multiple order types, basket trading, and it supports MAM features.

Pros and Cons

PROS CONS
Powerful proprietary trading software Demo accounts only available for 14 days
Regulated broker No market news and no market analysis
No restrictions on trading strategies High minimum deposit

 

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Royal Financial Trading (Royal)

Features

Royal Financial Trading, more commonly known just as Royal, is a well-regulated broker that offers traders the use of its proprietary trading platform that can be used to execute trades, conduct fundamental analysis as well as technical analysis, develop and test trading strategies, and more.

With this trading platform, traders can perform one-click execution, stop and limit orders, live analytics, and more.

Pros and Cons

PROS CONS
Well-regulated broker US clients are not accepted
Proprietary trading tools offered
Educational materials offered

 

MiTrade

Features

MiTrade is an Australian-based ECN and STP broker that offers its proprietary trading platform that is available across several devices of all operating systems and web browsers.

MiTrade’s trading platform extensively uses cloud technology, given that the trader has an internet connection, allowing for complete account integration wherever the trader may be.

Pros and Cons

PROS CONS
Simple and user-friendly intuitive trading platform US clients not accepted
Commission-free trading Inactivity fees charged
Low minimum deposit

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