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What's the best trading platform available?

  • #1
  • First Post: Dec 19, 2006 4:31pm Dec 19, 2006 4:31pm
anybody?
  • #2
  • Dec 19, 2006 5:35pm Dec 19, 2006 5:35pm
I currently am using strategy runner.

I tried out both ninja trader and x-trader, which are very good alternatives as well.
  • #3
  • Dec 19, 2006 6:18pm Dec 19, 2006 6:18pm
Quoting ragxyz
anybody?
Often the quality of thr broker is more important than the platform. So start from looking for a good broker than evaluate their platform.
Stubbornly persistent
  • #4
  • Dec 19, 2006 7:54pm Dec 19, 2006 7:54pm
Hmmm...

I would like to chime in here and say that your question has many facets.

Q.

1) Do you need to Trade with the software provider?

2) Are you willing to Pay for the best Platform available?

There are many more facets but to deal with the mentioned,

Old but functional Omega Pro is {imho} the best platform out there that you can shape shift as your experience grows. {not legitimately free}

A very good argument for Multiple Trading PC's.
One for Data. {Non Borker}
One for Trading. {Borker Feed}

Sounds like an annoyance but one that I feel neccessary at this point in time.
  • #5
  • Dec 19, 2006 7:57pm Dec 19, 2006 7:57pm
Quoting sergiu
Often the quality of thr broker is more important than the platform. So start from looking for a good broker than evaluate their platform.
I think the broker is more important also. And if the broker has a terrible charting application (like many of them), then I would just use metatrader on a good demo feed for the charting.
  • #6
  • Dec 19, 2006 8:47pm Dec 19, 2006 8:47pm
Meta trader and currenex are great platforms
  • #7
  • Dec 21, 2006 5:09am Dec 21, 2006 5:09am
thanks a lot...
  • #8
  • Oct 18, 2007 9:51am Oct 18, 2007 9:51am
http://www.dailyforex.com/

that reviews the leading forex platforms.
check it out
  • #9
  • Oct 18, 2007 10:18am Oct 18, 2007 10:18am
Its a matter of personal preferance... I really like Oanda, quite a few dont like their platform but I really like it. Simple to use, not overly complex interface... so you can concentrate on catching those trends Last thing you need as a newbie is a platform that gets in the way, also very good demo.
If you like lots of indicators and other gizmos then you might want somthing more hardcore.
  • #10
  • Oct 18, 2007 12:55pm Oct 18, 2007 12:55pm
Quoting tradingcube
Its a matter of personal preferance... I really like Oanda, quite a few dont like their platform but I really like it. Simple to use, not overly complex interface... so you can concentrate on catching those trends Last thing you need as a newbie is a platform that gets in the way, also very good demo.
If you like lots of indicators and other gizmos then you might want somthing more hardcore.
The only issue I have with Oanda is the lack of trailing stops. Not that I use them often, but I think it's a very basic function. A lot of traders like them, so I do not know why Oanda hasn't bothered trying to figure that one out.....

Clockwork
  • #11
  • Dec 23, 2008 3:16pm Dec 23, 2008 3:16pm
I'm a NinjaTrader Fan.
  • #12
  • Dec 23, 2008 5:04pm Dec 23, 2008 5:04pm
  •  gruzza
  • | Joined Oct 2008 | Status: I'm in the compounding business | 16 Posts
does anyone have experience with dealbook 360? it works for me . . .
  • #13
  • Dec 23, 2008 6:09pm Dec 23, 2008 6:09pm
I am a fan of MT4. Not only because I found it so friendly when I was just learning but because when I got more pro I could also develop and code my own indicators, or EA’s if that’s what you want (I don’t), something that makes it to me a great feature on front of other platform, even from the same broker like the Tradeview Platinum platform that features a lot of other good things but not this specific advantage. That dealbook 360, I’m going to give it a try to see what it has to offer.
  • #14
  • Dec 24, 2008 8:08am Dec 24, 2008 8:08am
The problem I have with MT4 is that's associated with bucket shop brokers. Some are more bucketshops than other but still there is no solid broker offering MT4.
  • #15
  • Dec 24, 2008 10:36am Dec 24, 2008 10:36am
Quoting Tjpld
The problem I have with MT4 is that's associated with bucket shop brokers. Some are more bucketshops than other but still there is no solid broker offering MT4.
I agree. When I started trading, all of the popular brokers used MT, it became perfectly clear to me why. So in any effort to find a more reputable broker I chose a non-MT broker. Every broker is a bucketshop but it is something about MT brokers.

Its always important to test drive a plateforms but more important to find a broker worth dealing with. A platform is nothing without a decent broker/broker's feed.
  • #16
  • Dec 24, 2008 11:26am Dec 24, 2008 11:26am
I always have the impression that you pay for the brokers MT4 license with your spread which is usually higher.
  • #17
  • Dec 24, 2008 12:51pm Dec 24, 2008 12:51pm
Quoting Jhig
I agree. When I started trading, all of the popular brokers used MT, it became perfectly clear to me why. So in any effort to find a more reputable broker I chose a non-MT broker. Every broker is a bucketshop but it is something about MT brokers.

Its always important to test drive a plateforms but more important to find a broker worth dealing with. A platform is nothing without a decent broker/broker's feed.
BTW,
I just downloaded/demo AccuCharts (FxSol) and it seems promising.
  • #18
  • Dec 24, 2008 3:39pm Dec 24, 2008 3:39pm
I fancy GCI platform. It's not as complete as MT4 or FX Accucharts from fxsol but it has some features that I like ... things like setting and editing SL and TP graphically using mouse pointer right on the chart and also "trailing order" which gives a buy stop or sell stop order the possibility to trail the market price with a preset distance as long as the market is moving in opposite direction of the order.

These two were features I've not seen in other platforms and I was looking for them. It has for sure some important deficiencies too.

It's quite a nice and handy platform with newly added automated trading systems and the capability to write your own system or build your custom indicator.

Check out gcitrading.com for more info.
Discipline + Patience - Fear - Greed = Success
  • #19
  • Dec 25, 2008 2:29am Dec 25, 2008 2:29am
Lol that happens to be the first broker i dealed with live.
OrderExceution never under 30 seconds. Requotes.
Would not touch it with a 10 foot pole.
  • #20
  • Dec 29, 2008 3:25am Dec 29, 2008 3:25am
MetaTrader is the BEST platform because its 100% FREE, it has almost all features other paid platforms have, easy to manipulate, etc.

The only think I would change here would be the coding (for automated systems) its just too hard to learn! you definitely need some time to get used to it!
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