Index Brokers and Online Trading Softwares List
The Online stock market, being one of the liquid financial market means that traders can enter the stock market anytime they want and place their trades.
Decreased requirements to trade the stock trading market, high speed inter-net & advances in communication technology are responsible for having driven this market to where it is today. These changes took the stocks market from being only limited to large financial institutions & multi-national companies to the point where ordinary investors can now trade and take part in one of the biggest financial markets in the globe through Online Trade networks or what's referred to as inter bank market.
Because of the new clientele, brokerage corporations began improving their services and accessibility. Different softwares suited for various types of traders have been built to meet the needs of the new market. With accessible softwares & software that's constantly being improved, brokers are finding that popularity of the stock market is rapidly increasing.
Many Online Brokers feature Micro accounts. These accounts allow their clients to sign up & open a stocks account with a minimum margin of $5 dollars.
If you are interested in opening a stocks account, first thing which you will need is a PC computer with a fast online internet connection. The high speed internet connection is crucial for an effective trade to work. You need for your trade orders to be processed quickly.
Next, you will need to choose a brokerage company, the broker should provide you the trader with a platform to use. The trading platform is simply a software program that is essential to connect to the stock trading market. You download it to your Desktop computer and use it.
It is important that you choose a software that you're comfortable using.
- It must provide real-time data that's accurate & up-to-date.
- It must be secure, and stable.
- It should have charting and trading tools to perform analysis
- It should also have the 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 these features, you as a trader can really improve the way you trade in stock trading market and also minimize risk of you losing money.
Consider opening a demo practice account, which is a practice trade account. This will allow you as a trader to try the platform & stock trading market without risking any real funds. By practicing with demo stock account, you allow yourself the time to decide if this is the trading software program/platform which you'd like to use.
Indices Brokers
STP stands for Straight Through Processing Network. With an STP you'll be directly linked to the interbank network through the STP Network.
MT4
The Best Trade Platform
Most traders will in general favor using an STP Broker because it's much easier to place transactions on STP execution
Traders that participate in Indices are traders that want to make a profit by buying instruments which are appreciating in value & selling the ones which are depreciating. To trade online, one needs to open a trading account with a broker & deposit funds to facilitate online trading.
Brokers offer online platforms that are designed to stream live stock trading real time quotes to their clients (speculators) so that traders can instantly execute trade orders.
Once one selects a stock broker, they then download their software, install it on a PC Desktop computer with an internet connection. Then open an account and log in to the platform to receive streaming quotes of prices. The streaming data is graphically drawn and represented on a grid forming what is referred to as the charts. The trader can then open trade transactions via this software platform provided. Brokers also offer Free Demo Accounts which are free practice stock accounts that beginners can practice trading with.
Indices trade positions can't be made directly on the online stock market, and only can be set and placed through an online stock trading broker, connected to the internetwork of other banks, this is the network of international banks used to facilitate indices trading.
The most favored Indices Trade software is known as MT4 Platform (or MT4), MT4 software is very easy to learn and has some of the best stock charts and this MetaQuotes MT4 charting platform comes with Indicators for trading analysis of stock charts.
Many Traders agree that the best platform online is MT4 software. When doing trade platform software comparison most traders compare & analyze other trading platformsplatforms to be full of bugs, with a poorly designed user interface that's hard to use & navigate with, and sub-standard trading analysis tools to choose from.
Most indices Brokers have even switched to MT4 software after facing pressure from their clients to implement this online software. Some online brokers opting to offer and provide a choice between, their own software platform and also MetaTrader 4 software, among other trading softwares like Currenex.
MT4 Trading Software
The MetaTrader 4 is a platform software for trading the financial markets. The MT4 software has versions for both platform softwares for PC computers & platforms for phone apps. The MetaTrader 4 software is a tool used by online stock traders to gain access to the stock market, interpret and analyze stock trading price charts and place trade orders through to their brokers using MT4 software. The MetaTrader 4 software is owned by broker from where you as a trader can download it for free from their website.
Key features of MT4 Trading 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 - technical indicators
- Automated programming language & Expert Advisors (EA).
- Daily Account Statement Sent to Clients Email
- Complete technical analysis package, with wide range of built in indicators and charting & trading tools.
- Multilingual user work space - 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 Platform & practice trading with these tools on a demo stock trading account.
MT4 Mobile Platform Edition
Trading on your mobile allows you as a trader to manage your stock account on your portable phone device, whether it is your smart phone or your Pocket PC. Mobile apps offer a alternative method to keep a tab on your account when you do not have access to your desktop PC. From your phone platform you as a trader can keep up with the stock trading market movements, analyze and interpret the movements and adjust your trade orders from the phone. With phone you as a trader can access financial markets from anywhere.
MT4 Mobile Platform - Indices Trade Softwares List
- Full features for management of trading accounts.
- Accessible from any location world-wide
- charts
- 30 indicators - MetaTrader 4 indicators
- Support all types of trade orders
- Financial market news
- VGA mode support.
MetaTrader 4 Mobile (Smartphone Edition)
- Full features for management of accounts.
- Accessible from any location world-wide
- charts
- Indicators - MT4 indicators
- Supports all types of trade orders.
- Financial market news
The MT4 Mobile platform - Smartphone Edition is the mobile trader for smartphones operating under the MS Microsoft Windows Mobile.
Get More Tutorials and Lessons:
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