Modern trading platforms are marvelous gadgets that can, not only connect you with the world’s markets, but assist you in understanding price movements so as to fashion your deals in the most beneficial ways. This is with the help of live asset rates, price charts, and technical analysis tools, all of which heighten your sensitivity to the trends guiding your instrument at a given time. Once you have these at your fingertips, you can derive hints about the direction prices may move in the future, which is the bread and butter of a successful deal.

Not every trading platform functions in the same way, and neither does every financial trader. That’s why you’ll need to do your homework before deciding on a brokerage that suits you. Many of them offer the use of a demo account, which allows you to get the feel for the interface before moving ahead into live trading. Try out a few platforms before settling on one. However, before you even get to that stage, it’s best to rule out unregulated brokerages from your list in order to establish your trading journey on a secure footing.

iFOREX offers a unique interface and platform that draws the loyalty of thousands of clients all over the world. In this article, we’ll explain what makes it so special.

You are the Star

In the eyes of iFOREX, you are the star of the show. Customers don’t hand over their money to the brokerage in order for others to trade with it on their behalf, nor do they entrust their funds to automated trading bots. The entire platform is geared towards building you up into a capable, savvy trader in your own right. This is true with respect to iFOREX’s educational materials, as well as their decision-making tools.

AI is utilized on the platform, not to take the reins of your dealmaking, but to do the legwork of scanning the markets for insights and opportunities. iFOREX’s Pulse feature – exclusive to this brokerage – is like a personal trading assistant that monitors the markets for interesting prospects. When it finds one of these, you’ll be informed about it in a timely manner, with all the decisions ultimately left to you.

Click on the “The Trading Expert” feature to watch a real expert at work and learn from his thought processes. Open up the “Today’s Opportunity” option to watch a video with a step-by-step breakdown of a potential deal. Consult your sentiment indicator to find out what other traders are thinking about your instrument, which can make all the difference to price trajectories. 

Whether you’re on the move or in front of your desk, it’ll only take a few moments to check on the live rates of your instrument by glancing down at your phone. iFOREX knows you need to be able to accurately and speedily access a variety of real-time asset rates. Aside from that, you should be able to analyze historical price data with advanced technological tools and draw your own charts. That’s why iFOREX clients enjoy the best of all these things. 

Your Grand Central Station

When you sign up with iFOREX, you’ll be able to open CFD deals on hundreds of assets from all markets and industries. Since you may choose to open either “buy” or “sell” deals on any of these instruments, you are positioned to benefit from both rising and falling markets. Plus, you can amplify your trading power with the use of leverage. This entails borrowing money from the brokerage and allows you to turn a $500 deal into a $200,000 deal (400 times $500) in the case where you chose leverage of 400:1. Your earnings from successful trades would then multiply, but so would your losses from the failures, so use this tool with caution.

Fashion your deal just the way you want with stop-loss orders that automatically close it when a pre-established price level is reached. When you’re unsure about a concept, open up the iFOREX education centre to get a clear answer in written or video form. This applies whether you’re a beginner or an old-timer. You can even engage one-on-one with a trading coach.

The Bottom Line

While the MT4 and MT5 trading platforms offer a variety of instruments and technical tools, many traders struggle to make effective use of them on their own. That’s why iFOREX’s intuitive, home-made platform is the best option by far. All the tools and information you’ll be provided with as a client are relevant, practical, and contextualized so you’ll never be left in confusion. Neither will you lack support when you run into a complication, especially because of the attentive (and human) customer service enjoyed by all customers.