You can invest in Apple, Microsoft, Amazon, Tesla, or any other company you want by buying shares. To trade stocks you need to sign up with one of the available online trading platforms.
These stock trading platforms enable you to open an account and start a stock trade.
You can also trade currency pairs through Forex trading software. Currency pair trading is based on the price quote of one base and one counter currency, e.g. USD/CAD, USD/JPY, or NZD/USD.
Moreover, you can buy and sell precious metals like palladium, gold, silver, platinum, copper, etc. by online trading.
To trade currency pairs, stocks, precious metals, and other assets of the stock market, you need high-quality software. Online trading software, also called trading platforms enables you to exchange financial products with an intermediary financial broker. Trading platforms are specialized computer programs that allow you to access the current stock quotes and carry out trading operations with their help.
Basic Features of a Trading Software
The most primitive software provides the following features:
- receiving current quotes from international exchanges;
- displaying a graph of changes in the value of assets for a certain time;
- the ability to open one order to buy a currency pair, stocks, metals or other positions.
Do you know how and for what trading platforms are used؟ To answer this question you need to understand how a trader decides whether to open a deal or not.
Before opening an order, technical analysis is performed in order to make conclusions about how the asset will behave and when it is appropriate to buy or sell it.
Though, to carry out the necessary calculations, you need a database.
This is when we should consider the criteria for choosing the best online trading platforms.
Criteria of the Best Online Trading Platform
At this moment we came to what distinguishes the best trading platforms from other competitors.
Firstly, it is about stability. Stability includes several factors such as:
- Reliable and timely display of current quotes
- 24/7 availability
- High bandwidth
- Volumes of server capacity
- Lack of sticking and braking.
The best trading platforms offer not only a high-quality background but also a wide range of functionalities for individual interface settings and technical analysis.
Another crucial point is technical support. This criterion actually determines how effective technical analysis will be.
Some trading platforms have built-in analytic tools. Good trading platforms require the integration of additional elements.
Here we are talking about indicators that are created by third-party developers.
One more important process is controlling transactions. Good trading platforms allow you automatically to carry out most of the actions.
For example, to close a deal when it reaches the desired level, to set a stop-loss
Generally, these measures are taken to significantly increase the profitability of trading in the stock market.
Finding the Best Trading Platform
You can find quite a lot of offers of trading platforms on the network. However, it is important to choose a platform that allows you immediately to send an application directly to a specific exchange platform
This method is called direct market access.
The fewer intermediate servers are on the way to the exchange, the less the delay. It also reduces the risk of the broker being untidy when processing an order.
Let’s see which of them really deserve attention and which trading platform is best suited for the stock market.
Here’s the list of trading platforms:
Spotware Company was established by Andrey Pavlov in 2010 and is 10 years old now. The company has a team with a collective experience of over 100 years in the industry.
Spotware’s major aims are creating and supplying useful and fair apps for traders all over the world.
The first launched product, cTrader, offers innovative solutions for real problems. It is valuable for banks, their clients, and brokers due to cTraders ease of use.
cTrader is one of the ultimate trading programs for Forex and CFD traders. It provides custom features for any investment preference.
Today the web-based trading platform solution is available for easier access from any browser.
cTrader financial trading software relies on a great number of traders all over the world. This is how Spotware is raising its brand awareness.
cTrader has some key trading features to offer:
Traders estimate cTraders speed and quality at the highest level as speed of execution is within a few milliseconds. Moreover, it proposes simultaneously to make executions of several orders without a queue.
Advanced protection allows leading positions of profit as well as setting break-even. As a fact, it leads to scale positions at different levels.
Opportunities for an advanced performance
A smart algorithm of stopping-out makes the position protected and, at the same time, allows recovering in the failed event.
On the other hand, a function of fair stopping-out closes the biggest margin for the taken position.
Such a method releases the necessary margin to protect the remaining positions.
ZagZig company was established in 2019. Since then, it has provided full solutions for Forex and CFD brokers.
ZagZig is remarkable for its functionality, design, and execution as well as the quality of its product.
To manage high-quality service, the ZagZig team analyzes the sales and marketing aspects of the product.
Charts are based on analytics that, consequently, allows a client to better understand trading aspects.
Solutions that are offered by ZagZig include CRM, web trading terminal, academy of education, and a client area.
With ZagZig the access to trading platforms is 24/7. It doesn’t matter what device is used by a client as trading platforms are available on various devices like PC and mobile.
The user-friendly interface of this stock software provides an outstanding experience for users.
The mobile-friendly solutions of ZagZig make it even easier to access the stock trader software from anywhere at any time.
In the client area, you can find real and demo accounts, verification, history of every accounts’ trade, and loyalty bonuses.
ZagZig trading platform successfully combines full functionality, flexibility, and simplicity for professional traders satisfying the needs of novice investors.
Flexible scalability, the ability to customize the expiration dates, forms of binary options, and payout percentage are among ZagZig’s distinguishing features.
ZagZig focuses on custom-made solutions to address the specific needs of various businesses, allowing them to compete more successfully.
Leverate was found in 2007. It is one of the leaders in service providing in the brokerage industry. It has offices in Asia; i.e. Cyprus, Hong Kong, Israel, Ukraine, China, and in Europe; i.e. Poland, Bulgaria, and Germany.
Leverate is valued for the efficiency of its services and customer support that is available 24/7.
Their products include Sirix trading platform, MT4 White Label solution, and LXCRM which is a Forex CRM solution. Leverate platform is that very brokerage solution that involves front-end elements, back-office, and server support.
For brokerage beginners, Leverate provides a low-cost service to allow building up from scratch.
Packages are based on what customer prefers to do (sales, marketing, etc) and performs it in the best way.
Another product of Leverate Sirix Venture includes Sirix server, a trading platform with a package of back-end tools, Sirix broker. That gives Forex brokers all the necessary tools for making up business in profit.
Crypto and copy trading opportunities by award-winning platforms empower the solution of its clients.
Essential characteristics of Sirix include its friendly interface, display of data on a dashboard, fast execution, and chart analysis. It is used on Mobile as well as on the Web.
When we talk about Leverate products, it is worth mentioning the advanced regulation services and experienced management. These help with the knowledge needed to set up successfully authorized Forex brokerage.
Leverate provides solutions to operate the required business model and decide on the commissions. Its motto is “your success is our success” which can guarantee their effort to provide you with tools for success.
Popcorn tech is a platform that provides a complete trading solution for both start-up businesses and established ones.
It ensures companies succeed in white label brokerage and supports clients’ technical and marketing needs. It includes white label services, CRM, 24/7 availability, back-office, and affiliate systems. It is a complete website for brand and broker solutions.
Characteristics of PopcornTech
- Back office. It is a web-based trading platform for online traders to make the process of trading comfortable and simple. All the data about cooperation with other users is saved and displayed in one place
- Trading platform. Popcorn trading platform is distinguished for its advanced technology, security, ability to control the market, and flexible buying and selling. The trading platform is accessible on PC, mobile, and tablets.
- Affiliate system. Regardless of the scale of a clients’ company, the main feature here is a good quality of leads. The affiliate system of PopcornTech allows to track the leads, control how they perform and provide assistance to the sales management.
- Branded website. A client can choose any template on the website, which PopcornTech then customizes, creates the desired content, and attracts a new audience.
Backpack, after 8 years of researching and development, takes a leader position in solutions for customers in the financial industry.
It has created an all-in-one solution that provides several major products within holistic software.
These products include Backpack Pay, Backpack Manager, CRM, AI, Backpack Portal, Backpack Ib & Affiliates.
It has supported more than 60 financial companies and works with various needs of the capital market industry.
A device platform, named Web trader and Mobile Front-end, is made with HTML5 technology. This platform is known for its accessibility and speed.
Such innovations allow its clients to see all information and data that are reported in one place.
Through Backpack’s interface, a client can manage a variety of data of Backpack modules. That involves trading activities, marketing, revenues, and so on.
Backpack CRM includes:
- the technology of lead scoring as well as retention of leads and clients;
- the function of sorting leads;
- tags applied to records with a chance to filter;
- automated lead distribution;
- documents upload;
- drag and drop feature.
Solutions by Backpack are all-in-one for MT4, MT5 and WOW trader.
the Platform provides as a function of tracking IB’s, affiliate discussions, and volume. Clients can analyze funnels, optimize investments, as well as lead setup implementation basing on infrastructure, rates, and tempos.
The backpack is distinguished by its active tracking, secure interface, flexible plans of commission, modularity, full service for customers. Backpack supports customer’s needs and their business growth rate.
Tech financials is one of the leaders in the trading market that leads the tokenization of assets by inventing a new way of blockchain. Due to using unique financial instruments, the platform delivers innovative services and products for a profitable business.
The main tools for the trading of assets are tokenization, smart contracts as well as blockchain technologies. Techfinancials’s way of establishing started in early 2017.
Techfinancials provides blockchain and brokerage technologies. With powerful Techfinancials infrastructure, they took one of the leading places in developing blockchain projects.
Within main software organizations in the world such as microservices, integration, and delivery, they build up solutions based on blockchain for the fintech market and integrated new concepts of software.
Technology infrastructure is made for tangible and intangible users. Among the clients’ services, there are user engagement, customer onboarding, AML, compliance.
Besides, Techfinancials CRM system of blockchain technology involves billing service, payments of assets, wallets, financial compliance.
Blockage technology is perfect for online brokers and exchanges. Portfolio of products for Forex, mass market, ladder variations, MetaTrader 5 is in access through the shared wallet.
TechFinancials infrastructure is well-arranged with WordPress site, CRM, hosting services, BI (analytics and reporting), adequate pricing engine, retention, and conversion tools.
It provides a guarantee for clients to generate a renovated source of revenue and fast tap new fields of the market.
B2Broker is mostly specialized in cryptocurrency. Trading systems like MT5, MT4, PrimeXM, White Label, B2Trader, OneZero are used in B2Broker.
B2Broker operates liquidity for cryptocurrency, FX, CFD offering solutions to structure established companies’ workflows, gives a chance for start-up businesses to get profitable positions among experienced brokers.
B2Broker remains the main platform for exchanges of crypto, proposing banks and other clients multiple liquidities.
It claims the professionalism of clients’ solutions and conditions that will expand their conversion rates and product range. B2BBroker has a multinational team including more than 120 workers.
There are three platform models for investment. They are called PAMM, MAM, and social trading. Depending on the model, traders can manage their funds with a previously selected fee.
In PAMM profits and losses are divided equally among investors. In social trading, investors can at any time close their accounts and trade on them.
MAM management tools are flexible for executing accounts of investors.
The most remarkable benefits of B2Broker
- Minimum commission
- 24/7 support
- Market indicators
- High-speed engine
- Zero deviations
Tradologics is a leading provider of a cloud-based programmatic trading platform for options and solutions in the field of finance.
The head office of the company is in Bulgaria, and its branches are all over the world. The number of employees currently exceeds 200 people.
In 2013, Tradologics, together with one of the largest brokers in Japan FXTrade Financial, developed the platform of the same name.
In 2014, the company won the Best Binary Service Provider Award at FOREX Magnates London Summit 2014.
Such large brokers as OptionBit, Cedar Finance, and ZoomTrader have built their business model on this trading platform.
Advantages of the Tradologics platform are:
- High-tech interface and a variety of skins
To meet the individual needs of the trader, the platform has the ability to choose among 8 skins. Taking into account the usability and beauty of the design, each of the skins is specially designed. The clarity of the interface will be appealing for beginners.
- Cross platform solutions
The trader’s terminal is available for all types of devices including personal computers, tablets, and mobile devices.
- Variety of trading tools and features
The terminal implements advanced features for a trader such as the ability to execute several transactions at the same time, the choice of the expiration date of a binary option, etc.
- The ability of the platform’s integration
The Tradologics trading platform successfully integrates with the MetaTrader, 4 platforms of MetaQuotes, and Sirix of Leverate.
- Large selection of trading instruments
The platform allows the trader to open deals with numerous instruments. The list of instruments includes currency pairs, stocks, indices and raw materials.
The history of trading platform began in 2008 when Australia’s first software was created and opened up opportunities for investors for online trading.
The company introduced a unique product, but could not make every effort to stay on the market. Starting from 2015, the developer again returned to the Tradesmarter trading platform, upgrading its functionality, capabilities, and interface.
From that moment, traders in Asia and America actively began to use the terminal in order to implement their investment strategies in the binary options markets.
Opportunities for the traders include a wide range of asset closure, simultaneous viewing of options and charts.
It also benefits from the presence of some additional functions (high-income options, insurance, etc.) and quick search.
Moreover, it enables you to close the transaction before the expiration date of the option.
The “Risk-O-Metter” function offers investors independently to choose the ratio of risk and estimated profit. For example, receiving 90% of the income on the condition of a profitable transaction and a return of 15% in case of failure.
The Strategix trading panel includes exotic types of options for those who already consider themselves a guru in classical trading.
Innovative tools and convenient access to the panel allow the most dexterous and successful traders to make changes in the option price in accordance with the desired volume of payout.
Another feature of the trading platform is the presence of the “Social trading” function, which is popular among trading platforms for Forex trading.
The presented rating of other trading participants and the results of their transactions allow its users to copy successful strategies
The profitable transactions are marked with green marks and learning lessons from defeats is made easy.
When it comes to this platform, the first thing critics pay attention to is age. The tool was developed in 2012.
Airsoft applies the industry experience achieved through years to provide customers with the best in software and service.
As said, Airsoft provides customers with a trading platform for cryptocurrency.
Characteristics of Airsoft Platform
- Electronic wallet
- Customer balance
- Mobile app
- One-click trading
- Ability to make your portfolio
- Tradable assets
- Different kinds of charts with indicators
- Easily accessible trading from the web platform
Airsoft provides the following opportunities:
- Solutions for crypto, CFD and Forex;
- Services of networking, marketing, lead generation, business operations, and getting to know suppliers, partners;
- Setting up their existing products and platforms.
Information in Airsoft CRM is shown on the dashboard with automatic notifications and push notifications for customers (chats, emails, private messages are directly sent to the operator). As a result, it satisfies users’ business needs. Risk tools are under the supervision of the risk management service.
In addition to multicurrency and a variety of languages, CRM covers analysis, reporting systems, billing and affiliate systems, over 40 alerts, detailed customer cards, and possibility for users to make promotions.
What’s online trading?
Online trading means stock trading or any other financial asset exchange from the comfort of your home, using online trading software. It is also known as electronic trading platforms from where anyone can start investing by choosing and opening the best trading account.
Is online trading safe and profitable?
As for online trading to be safe it depends on the stock trade platform you choose. Online trading software usually informs on the security measures and how the data breaches are prevented through their website.
Regarding profitability, you should keep in mind that stock trade, just like any other investment includes risks. That’s why you should only invest your surplus money. Besides, you can protect your investment and make a profit as an online trader by increasing your investment wisdom.
What is a trading platform and how to trade stock using it?
The trading platform is an intermediary financial network where financial products like stock, currency pairs, and precious metals can be bought and sold.
The steps to start financial trading online include:
· Choosing the best trading platform by trading platform comparison
· Sign up for your preferred trading account
· Set the investment limits for yourself
· Apply your investment and trading strategy
· Start with low-risk investments
· Stay within your limits for investment and avoid gambling on risky investments
What is a trading platform and how to trade stock using it?
You can choose the right platform for you based on comparing various online trading solutions and their features. Look for the top trading sites where great stability, support, and transaction control are offered.
How to day trade online?
Day trading refers to the action of buying and selling a financial product once or several times within one trading day. It is a short-term trading strategy that you can start by finding the best day trading platform.
How much money do day traders make per day?
The money you can earn by day trading depends on the product you are trading; e.g. whether you trade stocks or other financial instruments. It also depends on the amount you start with, the number of times you trade per day, and the number of days in a month you trade.
An approximate return for day trading can be estimated at %10 – %20 with a good win rate.