What Is The Best Forex Platform For Beginners?

A lot of people when they start using forex brokers ask this question and it is really important to get a professional answer if you are going to succeed in forex trading. In our opinion the best forex broker / platform to use would be the most user friendly and the one with the best customer support. To have a good customer support firstly you need to be able to get instant answers so it is a very big help if your broker has an online chat facility. Other than online chat you would expect to be able to contact your broker by telephone in your native language and by email.

A complete essential from your broker is a practice account without this you will waste your own money trying to get used to the brokers platform. A good broker will offer all the free information, e-books, webinars, and support that they can offer. If you feel that a broker cannot offer you this then don't deposit any money with them.

You should know after using your practice account if the platform is user-friendly or not. If you feel that you dont completely understand the platform then don't deposit any money. The more comfortable you feel with your broker and their platform, the more chance you have at succeeding with forex trading.

Taking all this into consideration I would have to recommend Etoro as the best platform for beginners. To understand all the benefits of Etoro you would have to compare it to another forex trading platform. So that you can see that Etoro actually go the extra mile to make their trading platform user friendly. They have systems and trading methods that are unavailable anywhere else. Such as their graphical charts. On a standard
chart information is compared in lines or spikes. With Etoro's graphical charts the currencies being traded are set out as two people having a race so that you can quite clearly see which currency is in the lead. There is also a copy and paste system that Etoro use. This enables traders to copy successful trades from expert forex users on Etoro and use them as there own. This can be a very useful tool to use, as you will actually be trading in the same way that professionals do but without needing any knowledge  of forex trading