Legit trading platforms

Scipio software is one of the best trading platforms for newbie / beginner investors.

Top forex bonuses

Best Forex Trading Platforms, legit trading platforms.

It is very clean, intuitive and user friendly. A downside of using their web based software is that your custom chart setting are not saved from session to session. The larger forex brokers, offer more options when it comes to the variety of trading software they give you. Take a look at pepperstone which is a large forex broker in united kingdom and australia. They list 9 different choices for you, in desktop, mobile, web based and tablet, see here.

Best forex trading platforms

Forex trading platforms are a major factor in choosing a new forex broker. The most popular trading platform you will find is the metatrader4 / metatrader5 software, which practically every broker offers.

We actually think that it is not such a great software, and very confusing for beginner traders.

Desktop vs web based trading platforms

The easiest way to compare brokers is to start with their web based trading platform.

A positive aspect of a broker that offers a good web based trading solution is that you can access it from any computer. If you are using a desktop software, you will experience faster response times, but your settings are saved locally on your computer.

In the fast paced world of trading the currency markets, you sometimes need to quickly close a position from your mobile or from the office.

The larger forex brokers, offer more options when it comes to the variety of trading software they give you. Take a look at pepperstone which is a large forex broker in united kingdom and australia. They list 9 different choices for you, in desktop, mobile, web based and tablet, see here.

Forex trading platform by company

Metatrader4 is the most widely available trading platform made by the company metaquotes.

It is no longer being supported, and they are trying to get brokers to make the switch to the new metatrader 5. The reason why MT5 is so popular, is because before forex trading became so popular, the few people actually trading, used MT4 along with API and expert advisor systems.

If you want a demo account on MT5, signup with the broker pepperstone.

Scipio software is the web based trading software you will find at the popular broker investous.

Scipio software is one of the best trading platforms for newbie / beginner investors. It is very clean, intuitive and user friendly. A downside of using their web based software is that your custom chart setting are not saved from session to session.

You can tryout a demo account of scipio at the broker investous.

Sirix trader is a very nice software, that was developed by the leverate company in 2013.

Sirix is available as a web based trading platform, along with mobile and tablet versions. A popular feature that it comes with is social trading, whereby you can copy and follow the trades of other investors.

You can tryout a demo account using sirix with the broker cmtrading.

Best forex brokers for beginners

Choosing a forex broker can be more difficult and confusing than choosing which trading platform to go with.

You can look at our best forex brokers list, or you can take these pointers to use when choosing a broker.

Make sure you broker is licensed and regulated, by your local government financial regulator.

Verify the forex brokers license in still active and valid.

Test out their demo accounts to make sure it is fast enough for you, with no latency.

If the broker offers you a fixed return managed account, run away. It is a sure sign they are a scam, read why.

If you are looking for automated trading robots, try these.

Many investors only visit the scam broker investigator after they lost money using a rogue forex broker. Don’t make the same mistake they did, and only use legitimate brokers which are licensed and authorised in your country.

Trading platforms

We actually think that it is not such a great software, and very confusing for beginner traders.

Desktop vs web based trading platforms

The easiest way to compare brokers is to start with their web based trading platform.

In the fast paced world of trading the currency markets, you sometimes need to quickly close a position from your mobile or from the office.

The larger forex brokers, offer more options when it comes to the variety of trading software they give you. Take a look at pepperstone which is a large forex broker in united kingdom and australia.

Forex trading platform by company

Scipio software is the web based trading software you will find at the popular brokers 24option and investous.

You can tryout a demo account of scipio at the broker 24option.Com.

Sirix trader is a very nice software, that was developed by the leverate company in 2013.

You can tryout a demo account using sirix with the broker cmtrading.

Metatrader4 is the most widely available trading platform made by the company metaquotes.

If you want a demo account on MT5, signup with the broker pepperstone.

Best forex brokers for beginners

Choosing a forex broker can be more difficult and confusing than choosing which trading platform to go with.

You can look at our best forex brokers list, or you can take these pointers to use when choosing a broker.

Make sure you broker is licensed and regulated, by your local government financial regulator.

Verify the forex brokers license in still active and valid.

Test out their demo accounts to make sure it is fast enough for you, with no latency.

If the broker offers you a fixed return managed account, run away. It is a sure sign they are a scam, read why.

If you are looking for automated trading software, try these.

Only use a legitimate broker, that is licensed and regulated in your country.

The 8 best options trading platforms of 2021

The best options trading platforms might give you an edge in the market

We are committed to researching, testing, and recommending the best products. We may receive commissions from purchases made after visiting links within our content. Learn more about our review process.

Options trading is a high-risk area of the investment world where you can pay for the option to buy or sell a specific security at a set price on a future date. Based on fluctuations in market prices for those securities, the value of options rises and falls until their maturity date.

If you want to trade options, you’ll need a brokerage account that supports them. Each platform is unique and has its own pros and cons, so it’s best to understand what you want before you sign up with a broker.

Learn more about the best options trading platforms to determine which one may be best suited for your needs.

Best options trading platforms of 2021

Tastyworks: best overall

Etrade: runner-up

Charles schwab: best for beginners

Webull: best for no commissions

Interactive brokers: best for advanced traders

category	winner	per-trade base commission	per-contract commission
best overall	tastyworks	$0	$1 per contract to open (no closing commission)
runner-up, best overall	etrade	$0	65 cents, or 50 cents with 30+ quarterly trades
best for beginners	charles schwab	$0	65 cents
best for no commissions	webull	$0	$0
best for advanced traders	interactivebrokers	$0	65 cents (IBKR lite fixed pricing)

Tastyworks: best overall

Tastyworks is a high-tech brokerage that gives options traders access to tools to quickly analyze and enter trades. It offers desktop, browser, and mobile trading platforms with similar features no matter which one you use. It also has unique tools that could help you make trading decisions on the fly, including quick rolls for options positions and quick order adjustments. The platform also gives you access to videos of tastyworks traders executing options trades, discussing strategy, and sharing research.

Options on stocks and exchange-traded funds (etfs) have no base commission and require a $1 per contract fee when opening a trade ($10 maximum per trade “leg,” which is a trade that takes place in an order with more than one component). There is no commission to close an option position. Options on futures cost $2.50 per contract to open, with no closing commission.

Trade costs: $1 per contract to open, no commission to close (stocks and etfs)

Account minimum: none

Recurring fees: none

Options trading is the primary focus

Tastyworks network gives opportunity for traders to learn from one another

Commission caps for large trades

Per-contract fees are higher than competitors’

Fewer investments available outside of options

Etrade: runner-up, best overall

Etrade is one of the oldest online brokerage firms and offers an excellent overall options trading experience. Active traders enjoy a low 50-cent-per-contract price on stock or ETF options when they make at least 30 trades per quarter, or 65 cents each, for less frequent trades. Etrade doesn’t charge when you close an equity option priced at 10 cents or less.

The big draw at etrade is its platform, which includes advanced analysis tools, charting, risk analysis, and other features important to options traders. Etrade supports advanced options strategies such as so-called butterflies, condors, iron butterflies and iron condors, naked puts, and naked calls, though approval is required to access these riskier strategies. With dedicated options trader support, excellent tools, and competitive pricing for active traders, etrade is a strong choice for options traders.

Trade costs: 65 cents per contract with less than 30 trades per month. 50 cents per contract with 30+ trades per month.

Account minimum: none

Recurring fees: none

Advanced trading platforms feature important tools for active options traders

Low pricing for active traders

Dedicated customer support line for options

Higher pricing for fewer than 30 trades per month

Charles schwab: best for beginners

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Courtesy of charles schwab

Beginners will likely feel right at home learning how options trading works and building their skills on charles schwab’s platform. The brokerage offers extensive resources for learning the ins and outs of options trading. And, as you become more experienced, schwab’s tools grow with you. You have access to advanced charting tools and trade calculators built into schwab’s investment platforms.

You can choose to trade online or use the advanced streetsmart central trading platform, which has most features that expert options traders would want (think quotes and trades, for example). The pending integration of former competitor TD ameritrade’s premier thinkorswim platform after its acquisition in october 2020 by schwab positions this brokerage as a great choice for expert trading. Trades are 65 cents per contract with no base commission.

Trade costs: 65 cents per contract

Account minimum: none

Recurring fees: none

Low per-contract commission for options trades

Basic web platform and streetsmart active trading platform

Pending integration of advanced thinkorswim platform

Legacy advanced trading platform lags behind some options-focused competitors

Strict margin trading rules and relatively high margin rates when you borrow money to invest more

Higher price per contract than some competitors’

Webull: best for no commissions

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Webull is a newer investment platform that charges nothing for stock, ETF, and options trades, including options base fees and contract fees. You won’t pay a dime for most options trading activity on webull.

The only fees you are likely to run into at webull are for margin trading, short sales, advanced data feeds, and some small fees charged by regulators no matter where you trade. With ordinary options trading activity, you could get by without paying anything at all.

Webull offers web, mobile, and desktop platforms ideal for the most active traders. If you trade at a high volume, the savings you’ll get from webull could make switching worthwhile. When you open an account for the first time, webull may offer generous new customer promotions in the form of free stock.

Trade costs: $0

Account minimum: none

Recurring fees: none

High-tech trading platforms

Free-stock bonus for new customers

A limited list of tradable assets

Short history compared with its competitors

Interactive brokers: best for advanced traders

Interactive brokers is a top brokerage for advanced and active options traders. While it offers professional-level accounts, even those of us without millions under management can find our needs well-covered by interactive brokers.

Most DIY investors and traders may want to sign up for the IBKR lite account, which includes free stock and ETF trades and no base fee for options trades. IBKR lite has fixed pricing for options. If you’re a high-volume trader, you may want to upgrade to IBKR pro. The pro tier gives you access to fixed or tiered pricing options and longer trading hours.

Under IBKR lite, options for U.S. Markets have no base fee and cost 65 cents each. Thanks to tiered pricing, costs can go down to 15 cents per contract with high volumes. All orders have a $1 minimum, but that $1 is a drop in the bucket for larger traders looking to take advantage of the unique tiered pricing structure. However, IBKR pro account holders must keep a $100,000 balance or generate $10 in commissions per month to avoid a $10 monthly inactivity fee.

Trade costs: 65 cents per contract, or less with tiered pricing

Account minimum: none

Recurring fees: none for IBKR lite, up to $10 per month for IBKR pro

Dedicated options trading platform with professional-level features

Choose between two pricing structures, based on your trading habits

Support for trading software application programming interfaces (apis)

Advanced platforms may be overwhelming for beginners

Complex pricing structure

What is options trading?

Options trading is a form of active investing in which traders make a bet on the future value of specific assets, including stocks, funds, and currencies. Instead of buying and holding the underlying asset directly, you hold a contract that gives you the right, but not the obligation, to buy or sell that asset at a specific price on a specific future date and time.

If your bet is right and the asset moves up or down beyond the value specified in your option contract, your option is “in the money” and you can exercise it for a profit. If your bet is wrong, your option becomes worthless.

Options trading can be very complex. It may use multiple conditions, and market prices change almost constantly during the trading day, or even 24 hours a day in some markets. This makes options trading very risky compared with long-term investments in mutual funds, etfs, or even many stocks. We recommend getting involved with options trading only if you understand what you’re doing and can tolerate the risks involved.

Profit from market fluctuations and volatility

Hedges other investments with low-cost options contracts that act as insurance

Limited trading risk with small contracts compared with some stock and ETF investments

Options market volatility increases exposure to risk

Trades can be complex and intimidating to new traders

Risky day-trading options strategies often lose money

How much money do I need to invest?

Thanks to brokers offering accounts with no minimums and no commissions, you could start trading options with just a few dollars. There is no minimum required to trade options at many brokerages, but you may have to complete an additional application to do this. You’ll need enough cash in your account to cover your trade positions and any fees arising from your chosen trading strategy.

Margin trading lets you borrow money to invest more, but there are fees and additional risks involved. If you are brand new to options, consider starting with only a paper trading account. These work like a stock market game and allow you to test strategies with fake money before putting your real dollars at risk.

How should I choose an options trading platform?

There are many options trading platforms to choose from. Each has its own pricing, asset availability, and features that could make one a better choice than another, depending on your own goals and needs.

When picking the best options trading platform for yourself, look at these key areas:

Pricing: options trades can be free, $1 each, or a lot more. Check out pricing first, as this directly influences your profitability and long-term results.

Technology: abilities to enter advanced and conditional orders with multiple conditions, or legs, may be vital to your trading strategy. Make sure you can enter the orders you’d like with an interface that works well with your style, preferences, and goals.

Features: some platforms incorporate exceptional tools like live TV, the ability to follow trades entered by others, profitability calculators, and more.

How we chose the best options trading platforms

To find the best options trading platforms, we reviewed more than 15 brokerage and options trading platforms. Competitive pricing and high-tech experiences good for a variety of trader needs and styles were top on our list of the factors that we considered. We also considered investment availability, platform quality, unique features, and customer service.

Fxdailyreport.Com

The prices of cryptocurrencies have zoomed this year and many investors have started focusing on these digital assets. Investors have a couple of options to trade in cryptocurrencies. The first option is to use the cryptocurrency exchanges which allow traders to swap fiat currency such as dollar and euro for the digital currency, or digital currency for digital currency. Another option is to use the online forex brokers’ platforms for trading cryptocurrency cfds or pairs such as USD/BTC, EUR/BTC, etc. The aim of this post is to list out the top 10 cryptocurrency trading platforms.

Best cryptocurrency trading platforms 2021

Etoro, a multi-asset and social trading brokerage, has registered offices in israel, the UK and cyprus. The brokerage has a worldwide reach and is regulated in all the markets.

Retailfx came into existence in 2006 in tel aviv. Etoro openbook was set up in 2010 with the copy trading feature as a social investment platform, enabling traders to follow, view, and replicate the trades of top investors in the network.

Etoro boasts of more than four million active users and allows individuals to trade in forex, stock cfds, and cryptocurrencies.

IQ option may not be most well-known or the biggest platform, but it is growing very fast. The platform offers trading in all of the popular assets and up to 25 percent leverage. In addition, IQ option provides a multi-chart layout, historical quotes, and technical analysis across multiple platforms, including desktop, mobile, and tablet. The brokerage also offers excellent support which includes volatility alerts, stock screeners, calendars, newsletters, and market updates.

Founded in 2007, instaforex has more than 7,000,000 clients and is a well-established investment firm. Instaforex provides support services in more than 27 languages and the platform can be used by newbies and professional traders. The online forex trading platform provider makes available 7 asset classes, 16 platforms, and more than 300 instruments for trading. Clients can trade forex, commodities, precious metals, equity indices, individual stocks, energies, and cryptocurrencies. Instaforex has its registered office in russia and is regulated by RAFMM; and cysec, cyprus.

The hong kong-based cryptocurrency exchange binance charges very low fees of just 0.1 percent per trade. This platform does not only support several coins but also provides services in multiple languages, including chinese, english, korean, japanese, russian, french, and spanish. Binance primarily focuses on the china market and chinese coins. To fund the development of the exchange, it created the binance token (BNB) during the initial coin offering (ICO) event.

Coinmama, an exchange located in israel, specializes in enabling the purchase of bitcoin using credit/debit cards. The services offered by this bitcoin exchange are available in many countries around the world. The buying limit set by the exchange is higher compared to other exchanges. Bitcoins can be purchased for cash and on payments through the western union. However, the fee charged by the exchange is slightly on the higher side.

The bitcoin exchange cex.Io allows users to buy the cryptocurrency for low fees using credit cards. Purchases can also be made for free through bank transfers. The services offered by this exchange are available in many countries around the world, except a few specified by the platform provider. On the basis of verification, cex.Io offers four account levels with different buying limits. This bitcoin exchange operates as a registered company in all of the districts in which it is present.

Cex.Io combines crypto to crypto exchanges, fiat to bitcoin exchange, and a mining pool. The company also offers trades in mining contracts or bitcoin mining equipment rights for a specified period of time. In addition, the exchange offers USD/BTC and EUR/BTC pairs along with several crypto/crypto pairs.

Coinbase is the best option for first-time cryptocurrency buyers. The exchange’s interface is very user-friendly and this makes it easy for anyone to buy bitcoin, ethereum, or litecoin. Most cryptocurrencies have to be bought with bitcoin. Therefore, coinbase provides a good entry point for buying bitcoin or other cryptocurrencies. Coinbase allows clients from canada, the UK, the USA, europe, australia, and singapore to buy bitcoin, litecoin, and ether using either a bank account or credit card. A fee of 3.99 percent is charged when buying using a credit card and 1.49 percent when buying through bank transfer.

In forex trading, avatrade is by far the most recognized online currency trading platform provider. The regulated forex broker is dedicated to providing customized trading solutions to its clients irrespective of their prior knowledge or experience.

It is easy to open an account on the avatrade’s platform and you can be up and trading in a matter of minutes. The greatest advantage of working with avatrade is that the broker provides a large amount of educational material, especially to those who are not very conversant with trading. The online forex broker offers more than 250 trading instruments, including fiat currency, cryptocurrency, bonds, and cfds.

Yobit.Net was founded in russia and introduced through a forum in 2015. It caters to russian, english, and chinese traders. The bitcoin exchange accepts payments only in the fiat currency USD. In order to purchase bitcoins, the client should transfer funds in USD to his/her the account. Yobit.Net offers a wide range of cryptocurrencies such as BTC, ETH, DASH, XBY, and DOGE, among others. Trading on this platform is very easy, even for those who are new to cryptocurrencies.

Cryptopia limited, a well-known name in the market, offers free wallet and a spot trading platform with a lot of features for trading cryptocurrencies like bitcoin, ethereum, litecoin, dogecoin, cannabiscoin (CANN), electroneum (ETN), verge (XVG), digibyte (DGB), and many more (totals 1644 markets in CRYPTOPIA). The trading fee on cryptopia is 0.20% of the total BTC or crypto currency traded.

Kucoin is one of best multi-cryptocurrency exchange and trading platform with service centers based in hongkong. Kucoin exchange offers pairs for trading such as raiblocks (XRB/BTC), red pulse (RPX/BTC), canya (CAN/BTC), BTC/ETH, NEO/BTC, BTC/LTC, UTRUST (UTK/BTC), ethlend (LEND/BTC), bitcoin cash (BCH/BTC), etc (more than 69 BTC pairs). Kucoin charges a flat fee of 0.1% per trade, it also provides users with a mobile app available for android and ios.

Online trading scams

Find out how online trading scams work, how to avoid scams and what to do if you are scammed.

UK consumers are being increasingly targeted by investment scams carried out via online trading platforms where fraudsters offer trades in foreign exchange, contracts for difference and cryptoassets such as bitcoin.

Video: online trading scams

We are aware that scammers are targeting consumers searching for investments online, in particular through search engines like google and bing. Although some scammers offer high returns to tempt you into investing, they may also offer realistic returns to make their offer appear more legitimate. Those offering or promoting products or investment opportunities found through search engines are not necessarily authorised or regulated by the FCA. You can check the FCA warning list for firms to avoid.

How online trading platform scams work

Investment scams using online trading platforms are often promoted online and via social media channels. Fraudsters typically promise high returns and use fake celebrity endorsements and images of luxury items to entice people to invest in their scams. The ads then link to professional-looking websites where consumers are persuaded to invest, either through a managed account where the firm makes trades on their behalf, or by trading themselves using the firm’s platform.

Most consumers report initially receiving some returns from the firm to give the impression that their trading has been a success. They will then be encouraged to invest more money or introduce a friend or family member to invest. However, eventually the returns stop, the customer’s account is suspended and there’s no further contact with the firm.

Many scam firms claim to be based in the UK and even claim to be FCA authorised.

How to protect yourself

Be wary of adverts online and on social media promising high returns from investing online.

Always be wary if you are contacted out of the blue, pressured to invest quickly or promised returns that sound too good to be true.

Always do your own further research on the product you are considering and the firm you are considering investing with.

Check the FCA register of authorised firms. If you use an unauthorised firm, you won’t have access to the financial ombudsman service or financial services compensation scheme (FSCS), so you’re unlikely to get your money back if things go wrong. However, not all investments are regulated by the FCA. For example, we don’t regulate most cryptoassets, but we do regulate certain cryptoasset derivatives (such as futures contracts, cfds and options). Read more about cryptoassets and forex scams.

Check they are not a clone – a common scam is to pretend to be a genuine FCA-authorised firm (called a ‘clone firm’). Always use the contact details on our register, not the details the firm gives you.

Check the FCA warning list – use our tool to check the risks of a potential pension or investment opportunity. You can also search to see if the firm is known to be operating without our authorisation.

Check with companies house to see if the firm is registered as a UK company and for directors' names. To see if others have posted any concerns, search online for the firm's name, directors' names and the product you are considering.

Seriously consider getting independent financial advice or guidance before investing. You should make sure that any firm you deal with is regulated by us and never take investment advice from the company that contacted you, as this may be part of the scam. The money advice service has information on investing and about how to find a financial adviser.

If you have been scammed

You can report the firm or scam to us by contacting our consumer helpline on 0800 111 6768 or using our reporting form.

If you have already invested in a scam, fraudsters are likely to target you again or sell your details to other criminals.

The follow-up scam may be completely separate or related to the previous fraud, such as an offer to get your money back or to buy back the investment after you pay a fee.

If you have any concerns at all about a potential scam, contact us immediately.

If you’re suspicious, report it

You can report the firm or scam to us by contacting our consumer helpline on 0800 111 6768 or using our reporting form.

If you’ve given your bank account details to a firm you think may be operating a scam, tell your bank immediately.

Trading platforms

We actually think that it is not such a great software, and very confusing for beginner traders.

Desktop vs web based trading platforms

The easiest way to compare brokers is to start with their web based trading platform.

In the fast paced world of trading the currency markets, you sometimes need to quickly close a position from your mobile or from the office.

The larger forex brokers, offer more options when it comes to the variety of trading software they give you. Take a look at pepperstone which is a large forex broker in united kingdom and australia.

Forex trading platform by company

Scipio software is the web based trading software you will find at the popular brokers 24option and investous.

You can tryout a demo account of scipio at the broker 24option.Com.

Sirix trader is a very nice software, that was developed by the leverate company in 2013.

You can tryout a demo account using sirix with the broker cmtrading.

Metatrader4 is the most widely available trading platform made by the company metaquotes.

If you want a demo account on MT5, signup with the broker pepperstone.

Best forex brokers for beginners

Choosing a forex broker can be more difficult and confusing than choosing which trading platform to go with.

You can look at our best forex brokers list, or you can take these pointers to use when choosing a broker.

Make sure you broker is licensed and regulated, by your local government financial regulator.

Verify the forex brokers license in still active and valid.

Test out their demo accounts to make sure it is fast enough for you, with no latency.

If the broker offers you a fixed return managed account, run away. It is a sure sign they are a scam, read why.

If you are looking for automated trading software, try these.

Only use a legitimate broker, that is licensed and regulated in your country.

Fxdailyreport.Com

Best cryptocurrency trading platforms 2021

Etoro, a multi-asset and social trading brokerage, has registered offices in israel, the UK and cyprus. The brokerage has a worldwide reach and is regulated in all the markets.

Etoro boasts of more than four million active users and allows individuals to trade in forex, stock cfds, and cryptocurrencies.

Automated trading software: the top 4 (reliable) auto trading systems

We all like to make extra money, which can be and incredible boon to you and your household. Trading stocks, options, and fures via automated trading systems (ATS) can be a great way to augment your income, and while trading isn't always easy it can often offer you a nice cash flow. Let's dive right into this stock trade software review.

What automated forex trading platform is best in january 2021 anyway?

A simple explanation of what stock, options or futures automated trading involves would be that it is a computer program that is able to create orders. It then submits these automatically to a market or exchange center.

You can set your specifications and rules, and allow the program to monitor the market in order to find opportunities to buy and sell according to these specifications. This allows trading that is often fast-paced but profitable and even enjoyable to take part in. These systems can even be used for automated stock trading as they are often flexible in terms of their uses.

What to look for

When you go to purchase or sign up for the software, there are a few things you should look out for and try to ensure are present before you commit to anything. The best ATS will not usually require you to download it in order for you to use it, often you will be able to get full use of it from your browser.

You can even set up binary robots (one of which I will review here) that are compatible with a number of brokers for quick execution. Plus, they are perfect for both experts and beginners. You should also have complete control over what you do on the software and the trades you decide to make. Always check the reviews and thoroughly research the company before you go on to trade with them.

On a final note with regards to what you should be looking for from ATS, often the best ones are free to set up, have efficient trade copier, and also have high win rates – so you know they are likely to generate a profit for you. Here are a few reviews for some of the more reliable automated trading software companies on the market, as well as one of the binary robots that is currently popular.

Just remember to always carefully research a company before committing to them, as the market has left itself open to some scammers. As with any stock trade software review, we've had the pleasure of partnering with the best stock analysis tool on the planet: eoption.

Best automated software review table

So if you are looking for the best automated trading software, these reviews will set you on the path to learning everything you need to know to find the best. Here are some of our favorite automated forex trading platforms.

Tradespoon automated software

Less risk to your money

Can be used worldwide

You have the opportunity to test

Excellent range of sources

Price variable (free for university students)

this option is user friendly and easy to use although the price is pretty variable it still has all the necessary features needed with less risk of losing any money.

Etna automatic trading software

Reliable and well known as have won awards

Many data feeds and text alerts

You're able to view charts in real time

Wide range of additional features available

Multi-language

It has to be installed and downloaded to use,

The system itself is not massively user friendly due to its fixation on corporate customers.

Free trial - with a £25 bonus - then prices are variable monthly

It's quick and user friendly when finding your way around. It has also won an award which gives you the confidence in your service.

Esignal automated trading software

Award winning service

Online trading platform includes handy tools

Technical analysis tool

Detailed drawing tools

Good software and incredibly reliable

This award winning service has a great online trading platform that includes a lot of handy tools. Although it is not fully automated there is detailed drawing tools and analysis tools to give you the best results.

Option robot automated software

Not just software but a binary robot too

Can use with minimal experience or effort

Three available systems

Customer care is fab

Great for new or experimental traders

Free so minimal risk

Was only released this year so not loads of feedback

Only has one type of assets, currency pairs

This software has a lot of potential both as an ATS and a binary robot. While risking it by signing up is not for everyone, the process is at least free so there is minimal risk.

Tradespoon stock trade software review

This is one of the most well-known trading software platforms out there. It has a great interface and offers a lot of features you would need as well as support for traders worldwide. It is well aware that every trader has different needs, and offers users the opportunity to paper-test ideas before venturing into the open market.

This way, there is less risk with regards to your money. It lets you build up some confidence and better predict which trades will make money.

It’s a great automated stock system, and works great as a futures automated system, and works with forex too.

It provides an excellent range of active sources and real-time market indices. On top of this, it is incredibly user friendly and easy to use – making the process and general navigation much easier for you. It has a 90 day trial for you to test it out and see if you enjoy using the ATS.

One of the great features of tradespoon is that it can be used anywhere in the world as long as you have an internet connection. Plus, because they are there to help you as a trader with data accuracy, you are still able to make profits even if the internet slows or lags. In addition to this, you have the opportunity to test strategies across all market types before you go into them seriously.

Prices for this software are very competitive, which help you manage your costs as well. Overall, it’s a great piece of software and has mostly positive reviews from those who use it as well as from critics.

Etna stock trade software review

For over ten years, etna has been operating on an international scale. They are pioneers in the creation of custom trading software for a range of assets, particularly forex and binary options. The main indication of etna’s reliability and success are the fact that they have won a number of awards for their excellent software and services, including best broker for automated in barron’s magazine.

Their trading platform facilitates high-performance strategies and also allows for you to make use of their platform for algorithmic trading. It has an incredibly user-friendly interface, so you aren’t left feeling confused while you find your way around.

The ATS also features superb connectivity to several execution venues, integration with a variety of market data feeds, and status alerts via email and SMS.

Etna is also known for excellence in custom software for options trading. This means that after you log in, you are able to view charts in real time for forex or binary options. Plus, there is a wide range of additional features available to the trader. Some of these include things like a customizable watchlist, notifications, alerts, a history and intraday charting, in addition to real-time market data and streaming.

A stock trading system has also been added to their database, allowing you to trade stocks and mutual funds. The website incorporates real-time streaming of quotes and news, as well as a multi-language user interface for international use.

The only possible downsides to this fantastic software are that it has to be installed and downloaded to use, and the system itself is not too user-friendly due to its fixation on corporate customers. However, due to its reliability and reputation, it is unlikely that downloading this ATS would pose any risks.

Esignal automated trading software

Like etna, this is an award-winning ATS and is held in high regard. It is filled with custom technology in order to cater to its customers, and the online trading platform offers several handy tools. These include charting tools, streaming stock quotes, and access to brokers.

Over the years, and even recently, they have massively improved their functionality. The software can be used to create custom spread and pairs using their sophisticated automated trading better and detailed calculation tools. Plus, the software includes hundreds of technical analysis indicators that can be used worldwide. In addition to that, there are detailed drawing tools for the creation of simple or complex strategies that can be saved and revisited.

It's a good software and incredibly reliable, but it does have a few disadvantages that the others do not. For one, it does cost quite a bit of money to use - $295 per month to be precise. If you are just starting out and new in the field, then this is not the system for you. Plus, it is not fully automated and does require tools to use, making it more complex. It’s definitely software for those who are far more experienced.

Option robot automated forex trading platform

This interesting software is not just an ATS but also a binary robot. Designed by experienced traders, you can get the most out of automated options trading with minimal effort or experience. The software is web based as well, so there is no need for you to download it in order to get started. Despite only being released this year; it is vastly growing in popularity all over the world.

It has a wide range of features, including automated stock trading, and has a lot to offer in terms of brokers. It has created a partnership with a large number of leading brokers to build a strong and trustworthy relationship with you. Before you start you will be required to pick a broker, but it’s easy enough to research on them beforehand.

They have three trading systems for traders with different levels of experience. Plus, their customer care is absolutely superb. The software itself is free, and there are no false promises

Instead, it focuses on how you can best utilize the software. It also offers a lot of information on how it works and how you can customize it, so it’s easier for you to get your head around it.

However, there are a few downsides to this innovative new software. The first is, of course, that the software does not currently have a track record. It’s more of a risk than the other ATS listed here as it was only released this year and so does not yet have a firm base in the world.

Currently, it also only has one type of asset, which are currency pairs. However, it has been reported that they are working on including things like commodities, indices, and stocks. This is great for those who like to trade in multiple currency types.

Only new accounts are allowed as well. So once you have signed up and picked your broker, you must create an entirely new account. However, it is great for new or experimental traders. Perhaps the only really concerning downside is the fact that there is no information about the developers anywhere on the website, not even their names. This really can raise suspicion among some people.

This software has a lot of potential both as an ATS and a binary robot. While signing up is not for everyone, the process is at least free so there is minimal risk. However, it is certainly one to watch as time goes by and it builds a stronger reputation for itself. Once it has a larger number of reviews, and perhaps when it is available outside of europe as well, it might be worth taking a look at if you don’t want to risk it right now.

To conclude

Automated trading software can be a great investment as well as a great deal of fun. They can help you earn a little extra income each month (and for some a whole lot more than that). There are definitely risks when you start to trade, as there is with all investments of this nature, but there are certain risks you can try to avoid.

Always remember to research a company very thoroughly first and never be afraid to call them to ask questions. With a large number of scams online (especially brit method and aussie method) you should always be cautious signing up to ATS websites – especially if they sound too good to be true.

The automated trading software mentioned here is generally reliable and trustworthy, and certainly worth looking into if you are wishing to start trading.

Many of these companies have been around for a while, and have established a client base and accumulated some fantastic reviews online. Hopefully, you will find the perfect ATS for you here, and always remember that there is nothing wrong with calling them up and having a chat before you sign up. In case you missed it, go here to sign up with eoption, our #1 reccomendation for the best automated forex trading platform.

How to spot a forex scam

The spot forex market traded over $6.6 trillion a day as of april 2019, including currency options and futures contracts. with this enormous amount of money floating around in an unregulated spot market that trades instantly, over the counter, with no accountability, forex scams offer unscrupulous operators the lure of earning fortunes in limited amounts of time. While many once-popular scams have ceased—thanks to serious enforcement actions by the commodity futures trading commission (CFTC) and the 1982 formation of the self-regulatory national futures association (NFA)—some old scams linger, and new ones keep popping up.

Back in the day: the point-spread scam

An old point-spread forex scam was based on computer manipulation of bid-ask spreads. The point spread between the bid and ask basically reflects the commission of a back-and-forth transaction processed through a broker. These spreads typically differ between currency pairs. The scam occurs when those point spreads differ widely among brokers.

Key takeaways

Many scams in the forex market are no longer as pervasive due to tighter regulations, but some problems still exist.

One shady practice is when forex brokers offer wide bid-ask spreads on certain currency pairs, making it more difficult to earn profits on trades.

Be careful of any offshore, unregulated broker.

Individuals and companies that market systems—like signal sellers or robot trading—sometimes sell products that are not tested and do not yield profitable results.

If the forex broker is commingling funds or limiting customer withdrawals, it could be an indicator that something fishy is going on.

For instance, some brokers do not offer the normal two-point to three-point spread in the EUR/USD but spreads of seven pips or more. (A pip is the smallest price move that a given exchange rate makes based on market convention. Since most major currency pairs are priced to four decimal places, the smallest change is that of the last decimal point.) factor in four or more additional pips on every trade, and any potential gains resulting from a good trade can be eaten away by commissions, depending on how the forex broker structures their fees for trading.

This scam has quieted down over the last 10 years, but be careful of any offshore retail brokers that are not regulated by the CFTC, NFA, or their nation of origin. These tendencies still exist, and it’s quite easy for firms to pack up and disappear with the money when confronted with actions. Many saw a jail cell for these computer manipulations. But the majority of violators have historically been united states-based companies, not the offshore ones.

The signal-seller scam

A popular modern-day scam is the signal seller. Signal sellers are retail firms, pooled asset managers, managed account companies, or individual traders that offer a system—for a daily, weekly, or monthly fee—that claims to identify favorable times to buy or sell a currency pair based on professional recommendations that will make anyone wealthy. They tout their long experience and trading abilities, plus testimonials from people who vouch for how great a trader and friend the person is, and the vast wealth that this person has earned for them. All the unsuspecting trader has to do is hand over X amount of dollars for the privilege of trade recommendations.

Many of signal-seller scammers simply collect money from a certain number of traders and disappear. Some will recommend a good trade now and then, to allow the signal money to perpetuate. This new scam is slowly becoming a wider problem. Although there are signal sellers who are honest and perform trade functions as intended, it pays to be skeptical.

"robot" scamming in today’s market

A persistent scam, old and new, presents itself in some types of forex-developed trading systems. These scammers tout their system’s ability to generate automatic trades that, even while you sleep, earn vast wealth. Today, the new terminology is “robot” because the process is fully automated with computers. Either way, many of these systems have never been submitted for formal review or tested by an independent source.

Examination of a forex robot must include the testing of a trading system’s parameters and optimization codes. If the parameters and optimization codes are invalid, the system will generate random buy and sell signals. This will cause unsuspecting traders to do nothing more than gamble. Although tested systems exist on the market, potential forex traders should do some research before putting money into one of these approaches.

Other factors to consider

Traditionally, many trading systems have been quite costly, up to $5,000 or more. This can be viewed as a scam in itself. No trader should pay more than a few hundred dollars for a proper system today. Be especially careful of system sellers who offer programs at exorbitant prices justified by a guarantee of phenomenal results. Instead, look for legitimate sellers whose systems have been properly tested to potentially earn income.

Another persistent problem is the commingling of funds. Without a record of segregated accounts, individuals cannot track the exact performance of their investments. This makes it easier for retail firms to use an investor’s money to pay exorbitant salaries; buy houses, cars, and planes or just disappear with the funds. Section 4D of the commodity futures modernization act of 2000 addressed the issue of fund segregation; what occurs in other nations is a separate issue.

An important factor to always consider when choosing a broker or a trading system is to be skeptical of promises or promotional material that guarantees a high level of performance.

Other scams and warning signs exist when brokers won’t allow the withdrawal of monies from investor accounts, or when problems exist within the trading platform. For example, can you enter or exit a trade during volatile market action after an economic announcement? If you can’t withdraw money, warning signs should flash. If the trading platform doesn’t operate to your liquidity expectations, warning signs should flash again.

The bottom line

Conduct due diligence on the forex broker you’re considering by going to the background affiliation status information center (BASIC), created by the NFA. Many changes have driven out the crooks and the old scams and legitimized the system for the many good firms. However, always be wary of new forex scams; the temptation and allure of huge profits will always bring new and more sophisticated scammers to this market.

Trusted and honest binary options brokers

You are going to have access to plenty of online binary options broking sites, however you need to be 100% sure that the site you are using offers a trading platform that is reliable and will offer you the exact type of trading options you are seeking.

There are a lot of honest binary options broker around and when checking out any site is it always a good thing to checkout where they are based, if they offer 24 hours a day customer support, and also find out just what other people are saying about them.

Word of mouth is very important in the binary options trading world, and if a site is not offering everything they can and should be then word soon gets around!

We are pleased to let you know that all of our listed and rated binary options trading sites are honest and reliable, and having handpicked each one of them ourselves and put them to the test we can guarantee that they will offer you everything you are seeking from a binary options site no matter when you wish to get online and start trading!

You will also find the mark of a honest binary options trading and broking site is one that is fully licensed, and when checking out any site that you may never have come across before find out which licensing jurisdiction has issued them with a licensed to trade!

List of top 10 US binary option sites for 2021

Trusted binary options brokers

Without doing some research when you are looking to place and trade binary options online then you really are at the mercy of some of the poorly run and operated trading sites, with this in mind please do make sure that you have a look around our website for every single site listed has ticked all of the right boxes in regards to what they have to offer their customers and as such are listed as trusted binary options brokers.

Never be swayed into joining up to any binary options trading site you come across online for there are many sites that simply offer huge sign up bonuses but fail in every other part of their operation, and as such it is pointless getting a large bonus but then find you have only a limited number of binary options which can be traded!

You are never going to find you are limited in regards to the type of binary options that you can trade at any one of trusted and listed sites, they offering everything from asset trading to precious metal options trading and will of course offer you plenty of currency pairings if you are looking to trade two different currencies off again each other.

Please do have a good look around as you will not find a bigger or more researched and hand-picked selection of trusted australian binary options trading sites that those listed and reviewed on our website!

Legitimate binary options brokers

There are many stand out features that you should be looking for from any legitimate binary options brokers and below we have highlighted some of them, when you are in the marketplace for a reliable and legitimate binary options broking site then always stick to those sites offering you all of the below stand out features:

Small and large trades: it doesn’t matter if you are a small or large binary options trader, you should look for a site that lets you trade any volume of binary options, those sites offering a diverse range of purchasing limits are often those offering the best levels of service.

Multiple payment options: you do not have to be forced to just use one form of payment option when you are utilizing the services of a binary options trading site and as such look out for those sites that have many different deposit and withdrawal options, the more options a site has then the more chances you will have of find a method that is cost effective.

No limits: many binary option trading sites will not put into place maximum limits on not only how much you can made as profit per trade but also limits on how much you can actually cash out at any one time!

This is something that no legitimate binary options brokers will make their customer endure, and as such when seeking a good and reliable trading site look out for those who have no or very high limits in regards to how much profit you can make per trade and also those which will let you withdraw all of your profits without any limits what so ever!

So, let's see, what we have: best forex trading platforms forex trading platforms are a major factor in choosing a new forex broker. The most popular trading platform you will find is the metatrader4 / metatrader5 software, at legit trading platforms