5 best trading platforms for beginners

Sooner or later, every trader faces the decision of choosing a trading platform.

The trading platform is an integral part of the trading process. Clearly, the trading process is impossible without it. 

Among a large number of platforms, it can sometimes be difficult to pick the best one. When choosing a trading platform you can consider such factors as a clear interface, demo account offering, multi-channel availability and various trading tools, among others.

In order to help you make your trading experiences smooth and easy, we have compiled a list of 5 best trading platforms for beginners.  

MT4 has been the leading trading platform for many years. It was developed in 2005 and continues to be in the list of the best trading platforms for a long time. The platform is available to trade via different devices, offers enough tools, and is known for its security and reliability. And the accessibility and clarity of the interface is a big advantage to increase the demand for the Metatrader 4.

The platform offers trading signals duplication, technical analysis and one-click trading. In case of using the platform as soon as possible, you can check the MT4 download details here. 

This trading platform is considered to be an eternal competitor of its forerunner. 

The difference between platforms is not so big and as time goes by, Metatrader 5 goes side by side with Metatrader 4 as one of the best trading platforms.

Main functions this platform offers unlike MT4 are;

• more timeframes variety 
• unlimited charts
• built-in economic calendar
• virtual private center (VPS)

In addition, you can trade various trading instruments on MT5, while MT4 is developed mostly for forex trading.

The copy trading platform DupliTrade has also found its place on our list. It is known for its user-friendly interface and convenient usage. This is the main reason why beginners should keep this platform in mind.

It also is distinguished by its solid requirements for trading strategies - only a limited number of experienced traders can become strategy providers on this platform.

NinjaTrader is only two years older than Metatrader 4. Developed in 2003, it can be considered a godsend for traders in terms of a wide range of technical analysis tools.

The platform gives the ability to trade across forex markets as well futures, CFDs etc. It also offers educational guides, videos and webinars for free as help to beginners in trading.

The user-friendly platform cTrader brings traders everything they need, from indicators and tools for any style of trading. This multi-device platform is different in that it uses Straight Through Processing (STP) technology, which allows platform users to place orders directly with world banks.

The choice of a trading platform is not one of the easiest. As you see, the industry is full of various options, so everyone can pick the worthy one. The article introduced 5 best trading platforms for beginners. Each has its own advantages that can be useful for novice traders. 

So do not waste time, make the choice and start trading right now.