You will also be able to draw your own trend lines, and support and resistance levels. Each platform will also come with a set of order types, and most will include such features as stop losses and pending order types. Because each platform is different it can be good to test them before committing to one specific platform.

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Still don't have an Account? Sign Up Now. Trading Platforms. Register Now. Trading platforms comparison AvaTrade provides its clients with a range of trading platforms, proprietary and third party. Web Trading — Trading Platform WebTrader is an award-winning proprietary platform that requires no download.

MetaTrader 4 — Trading Platform Arguably the most popular trading platform, MetaTrader 4 creates a powerful and flexible trading environment. MetaTrader 5 — Trading Platform MetaTrader 5 is the next generation of the MetaTrader platform, offering state-of-the-art trading capabilities, even more technical analysis tools, order types, timeframes and graphical objects.

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AvaOptions — Trading Platform Express your market view with calls and puts, and use our embedded tools to maximise your return when you trade Vanilla Options with AvaTrade. Automated Trading Our wide range of auto-trading software products enable you to copy the trades of more experienced Forex traders. Are online trading platforms safe? What is the cheapest trading platform?

They can do so as there is no third-party involved.

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Even if the trader utilizes the margin, the platforms have nothing to lose as they don't have any liability to pay it to a third party. According to the Reserve Bank of India's Liberalized Remittance Scheme, a person cannot use the money transferred abroad for speculative purposes or to provide margin money for trading. It allows investments but on delivery basis. In India, individuals can trade in forex on stock exchanges but with restrictions. Due to these restrictions, the forex market in India is smaller compared to many other developed markets. An investor can trade the four pair by opening a trading account with a broker.

There are also chances that you can fall prey to fraudsters claiming to be an online forex platform. It has happened in the past. The trader wins small trades initially. But as transaction amounts increase, the person starts losing money. Within a few months, the platform winds down its operations. Click here to read the Mint ePaper Mint is now on Telegram.

ActTrader review

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Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.

Past performance is not indicative of future results.

ActForex Trading Platform

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List of FX Brokers who offer Act Trader

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