Trading Platforms

Online trading platforms

As part of our commitment to empower people to trade, we cater to every type of client. As no two traders are alike, we offer platforms for manual trading that run on any device with a browser, with copy trading in development. Our goal is that each of our platforms should provide our traders with a seamless and enjoyable trading experience. We offer a wide selection of instruments, including cryptocurrencies, to choose from along with multiple analytical tools, indicators and charts.

What Are Trading Platforms?

A trading platform is computer software that allows investors to open, manage, and close financial trading positions in the market. A typical trading platform will stream live quotes of available tradable financial and digital assets. It will offer charting capabilities and additional features such as news feeds and other market research information. Trading platforms are usually provided for free or at a fee by financial intermediaries or brokers.

Types of Trading Platforms

Trading platforms are generally categorized into two broad types: proprietary (prop) trading platforms and commercial trading platforms. Large financial brokerage firms design prop trading platforms to meet their trading style and electronic brokerage needs. On the other hand, commercial trading platforms target retail investors and day traders and are typically user-friendly and packed with useful features, such as news feeds and interactive charts, to enhance investor research and analysis.

Commercial platforms come in different forms, helping to meet the different trading needs of diverse retail traders. Here are some of them:

Manual vs Automated Platforms

Manual online trading platforms give traders access to the financial markets, where they can manually open, close, and manage their trading positions. The best of them are easy to use and feature many handy tools and resources to allow retail investors to trade financial assets professionally.

On the other hand, automated trading platforms use technology to allow investors to trade the markets mechanically. Some manual platforms also support automated trading functionality.

However, retail traders’ most common automated trading platforms are social or copy trading platforms. On these platforms, traders have the option of perfectly replicating the trade positions of expert or successful traders on their community or platform.

CFD Trading Platforms

CFD trading platforms allow investors to speculate on the price changes of financial assets without taking any ownership. For instance, on WebTrader, traders can trade Bitcoin CFDs according to market conditions but never own the digital assets. CFD trading platforms have grown in popularity in recent years because they provide easy and convenient access to opportunities in the financial world.

Desktop Vs Web-based Platforms

This is a classification based on the accessibility of the underlying trading platform. PC/Mac platforms are software that can only be installed on a desktop computer. In contrast, web-based platforms can be accessed directly on an internet-connected browser, whether the device is mobile or desktop, and don’t require download and installation.

Trading Platform Features

Here are some of the features to look for when choosing a trading platform:

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  Order Types and Execution

  In addition to buy/sell orders, a good platform should support innovative order types that include pending orders such as buy/sell stop and buy/sell limit orders. All your orders should also be guaranteed fast trade execution at all times.

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  Tradable Assets

  A good trading platform will provide a one-stop shop for several financial asset classes such as forex, stocks, commodities, indices, and cryptocurrencies.

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  Broker Reputation and Fees

  Trade with a broker who has built a reputation over the years and charges reasonable fees for their services.

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  Trading Resources

  A good trading platform will have comprehensive trading resources to help you trade your preferred financial assets. These resources should include charting and timeframes, built-in and customizable tools, indicators and graphical objects, and automated trading functionality.

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  User-friendliness and Accessibility

  An ideal trading platform should be easy-to-use and have multiple-device accessibility.

Final Word

Trading platforms are an essential consideration for investors. As portals to the world of online financial assets trading, investors should ensure they go for reliable trading platforms that are optimized to take full advantage of opportunities in all market conditions.

FinCapital offers intuitive and user-friendly platforms: WebTrader today, with Social Trading in development.

Sign up with a reputable broker and access this great diversity of FinCapital trading platforms.

Open a trading account in 1 minute. Take advantage of trading opportunities