Best forex platform on Reddit

83 reviews from r/Forex_Reddit, r/Forex, r/Daytrading

83 reviews from
and
By Brand
/
By Product
#1

MetaTrader

3.4
(14)
"MT4 has so much to offer without additional payments for Indicators and EA's."
·
"I prefer MT4 as I have all my strategy programmed in. Tradingview is also great, but MT4 has superior resources for indicators."
·
"I love MT4 because I honestly don't need all the extra added features."
·
"MT4 is an excellent trading platform!"
·
"There are free options like Position Size Calculator, but it's more limited."
·
"MT5 is much improved, with over 20x execution speed."
·
"MT4 offers thousands of indicators and expert advisors, making it a top choice for traders."
·
"MT5 is better in many respects but lacks the rich codebase of MT4."
·
"MT4 has a wider range of Indicators and EAs people can download, but a lot of them are crap."
·
"There are better charting programs out there, but you can customize MetaTrader 4 extensively."
·
#2

FXCM

4.0
(5)
"I've only ever used FXCM and had no problems with it."
·
"I love their trade station, as they show bid price and ask price charts!"
·
"I used FXCM for my demo and never had problems with it."
·
"I don't think FXCM's demo account is just one month. I know my demo account still works and I got it in early November."
·
"Their platform can be a bit complicated for beginners."
#3

OANDA

4.5
(4)
"Their platform is easy to use, and they offer a variety of currency pairs."
·
"Oanda is really great, especially with their relationship with Tradingview."
·
"I started using OANDA during the Brexit news in late 2018, and it was a good first month."
·
"Both are great for demoing purposes."
#4

TradingView

4.3
(4)
"I use TradingView for analysis, marking out zones, and drawing."
·
"I need a platform that works well on my phone."
·
"It’s decent enough for a retail trader. I personally think TradingView is easier for beginners."
·
"Tradingview is also great!"
#5

Oanda

4.7
(3)
"Oanda’s desktop and web-based platform is a replica of Tradingview, allowing for seamless charting and execution."
·
"I like Oanda for demo, mostly because I was able to change the value of the demo account to what I'm planning to make my initial investment."
·
"Oanda also offers a decent mobile app for trading."
#6

cTrader

3.0
(3)
"I've been using cTrader and loving it"
·
"CTrader is more modern but kind of worse than MetaTrader 4."
·
"CTrader is good for manual trading but severely lacks in automation and third-party tools."
#7

HYCM

4.0
(2)
"I'm curious about their tools for swing trading."
·
"I'm looking for a platform with advanced technical analysis features."
#8

Pepperstone

4.0
(2)
"I'm looking for a platform with powerful charting tools."
·
"They offer a user-friendly platform with fair fees and decent support."
#9

MetaQuotes

3.5
(2)
"I’m using MT4 and it does everything I need it to do"
·
"It's pretty ugly compared to TradingView, that's why a lot of traders chart on TV and execute on MT4."
#10

RoboForex

3.0
(2)
"I am using RoboForex to go long USD/RUB."
·
"I found their platform lagging during critical trading times."
#11

Metatrader

3.0
(2)
"Metatrader is easy to learn and use."
·
"I didn't like MetaTrader and don't have much use for it."
#12

ZuluTrade

3.0
(2)
"You can copy other providers traders or become a signal provider yourself."
·
"I had a poor experience with ZuluTrade in terms of day trading. Their tools didn't meet my expectations."
#13

IG

3.0
(2)
"I like IG's web-based platform and ProTrader."
·
"I found IG's platform a bit too advanced for a beginner."
#14

eToro

5.0
(1)
"It's simple to use, especially for beginners, and has a reliable mobile app."
#15

FXTM

5.0
(1)
"I'm happy with FXTM. They offer a range of tools, and their platform is stable and good for technical analysis."
#16

Markets.com

5.0
(1)
"They've been reliable for me, especially in terms of user-friendly tools and market information."
#17

Trading View

5.0
(1)
"Trading View is far better than MT5/MT4."
#18

FXChoice

5.0
(1)
"They have very high trust rating on FXPeaceArmy and 200x leverage for US clients."
#19

TD Ameritrade

4.0
(1)
"I'm looking for a platform with reliable execution."
#20

XTB

4.0
(1)
"They seem to have a good reputation."
#21

Tickmill

4.0
(1)
"They seem to have good tools for day trading."
#22

ActivTrades

4.0
(1)
"I'm looking for a sophisticated yet user-friendly platform."
#23

TradeStation

4.0
(1)
"Does anyone have experience with their leverage options and risk management tools?"
#24

FxPro

4.0
(1)
"Just had a look at the chart and the gaps on the chart are crazy."
#25

FBS

4.0
(1)
"They seem to have a good setup for day traders."
#26

ThinkMarkets

4.0
(1)
"Looking for a forex platform that's easy for beginners but also good for more advanced trading."
#27

Interactive Brokers

4.0
(1)
"They have a pretty good commission bracket that’ll really help out if you start moving into bigger numbers later in your trading."
#28

Alpari

4.0
(1)
"Both are great for demoing purposes."
#29

Plus500

3.0
(1)
"I'm looking for a platform that's easy for day trading and has fair fees."
#30

Saxo Bank

3.0
(1)
"I heard they have solid charts but not sure about their fees."
#31

CMC Markets

3.0
(1)
"I'm looking for a forex platform with easy-to-understand tools and good support."
#32

Admiral Markets

3.0
(1)
"I'm considering them for their reputed stability."
#33

Swissquote

3.0
(1)
"I'm curious about their range of currency pairs and customer support."
#34

IC Markets

3.0
(1)
"Does anyone have experience with their platform's ease of use and reliability?"
#35

LCG

3.0
(1)
"I'm looking for a forex platform with fast execution and reliable data."
#36

Darwinex

3.0
(1)
"I'm interested in their approach but would like some user feedback."
#37

AxiTrader

3.0
(1)
"I'm considering them for forex trading."
#38

Exness

3.0
(1)
"I'm curious about their charting tools and execution speed."
#39

NordFX

3.0
(1)
"Looking for a platform with comprehensive technical analysis tools."
#40

Forex4You

3.0
(1)
"Does anyone have experience with their platform’s reliability and fees?"
#41

Forex.com

2.0
(1)
"I wouldn't recommend Forex.com for complete beginners."
#42

City Index

2.0
(1)
"It was not as intuitive as I hoped for a beginner."
#43

Dukascopy

2.0
(1)
"I found their fees a bit higher than I'd like for frequent trading."
#44

AvaTrade

2.0
(1)
"I had some delays that affected my trading."
#45

HotForex

2.0
(1)
"Their platform was a bit clunky and not very intuitive for day trading."
#46

OctaFX

2.0
(1)
"I found their tools lacking in depth."
#47

Vantage FX

2.0
(1)
"Be cautious with Vantage FX. While they offer advanced tools, I had some issues with their customer service responsiveness."
#48

MT5

2.0
(1)
"MT5/MT4 is not as good as Trading View."
#49

Libertex

1.0
(1)
"Their platform was often slow, which affected my trade execution."

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