When we take everything into the consideration, desktop Forex platforms might be the best and the most comprehensive trading platforms currently available. Yes, they require a download and installation, but they are way better than web-based trading platforms since desktop platforms offer more features and advanced tools you can use in order to trade more efficiently.
Professional traders prefer trading with desktop Forex trading platforms since they provide them with a variety of useful charts, indicators, signals… If you are serious about your trading business, you will definitely look into them more closely and make a decision as to which one you want to download and try for yourself.
Best Forex software for desktop
With so many downloadable trading software available to the traders, it might be quite difficult to find the one that will suit your trading needs and fit into the trading method you might be using at the moment. Here are some tools and features you should look for when choosing among Forex platforms for desktop:
Charts for Desktop
Having good charts that are updated in real time is simply a must. You cannot build a solid trading method and apply it in the market if you don’t monitor them first. They are essential regardless of your analysis of choice. You must look for charts that are customizable as well. Desktop trading platforms should provide you with a variety of choices that include candlesticks, bars, lines… They are here to help you trade smartly and make a right decision.
Another feature that should be up to date are quotes. They have to give you accurate data on any asset you wish to trade in the market. You might go for currency pairs, gold, or choose among commodities. Receiving data in real time is essential for this type of business so make sure you have your charts ready on your desktop screen.
Design of the Desktop Platforms
It might look silly, but you must pay attention to the way your desktop trading platform looks. You should go for a platform that is user friendly and very easy to use. The design should be clean and you need to know where each option is. Luckily, many platforms are designed with users in mind, so plenty of them are very neat and orderly. Surely, there are platforms that are quite minimalistic and offer only the bare essentials for trading, but there are also more advanced platforms that have plenty of professional tools as well.
Interested in best Forex platforms for desktops?
Browse our reviews of the Forex desktop platforms:
- cTrader for desktop review
- MetaTrader 4 desktop version review
- MetaTrader 5 for PC review
- Plus500 desktop platform review
Conclusion on FX Trading Platforms for Desktops
When choosing among Forex platforms for computer, you have to make sure you can get the best performance from your final choice. If you are basing your trading on fundamental analysis, look for a really good news feed and trading calendar. And if your trading method relies on technical analysis, detailed charts are a must. Also look for the ability to create a demo account because they can be really useful for testing out different strategies.
All in all, Forex platforms for desktop are your best choice since they usually have way more tools and features than mobile trading platforms.