Best Trading Platform

The right choice of a trading platform is one of the key factors for successful forex trading. For novice forex traders it may well become a real challenge to choose the right trading platform.  To make the right choice one needs to define which parameters of a trading platform, which is a communication means between the broker and a trader, suit their needs best. Trading platforms differ in charges applied, in an array of methods used to make deposits and withdrawals; there are desktop and mobile versions of all the most important trading platforms used in the online forex trading.

The quality of trading depends on its functionality and convenience, particulary the possibility of forex robots usage. Practically all modern Forex expert advisors are built on the foundation of the complex programming language called MetaQuotes versions 4 and 5, which are also used to create utility applications. Online trading platforms come in one of three forms: desktop (download), web (browser), and mobile (app).

The same language was used for the creation of MetaTrader platforms that are considered to be the most popular and efficient for Forex trading - most Forex brokers offer access either to MetaTrader 4 (MT4) or MetaTrader 5 (MT5) along with the subscription. A person knowledgeable in programming can create a personalized expert advisor with the help of various wizards available online, but we would advise opting for a licensed product that has been thoroughly tested unless you are very competent in the said programming language.

A trading platform is basically a workspace for traders, their work environment. Many market participants prefer to trade using the Metatrader platform. Some of the trading platforms offer live updates, elaborated trading tools and settings for safer risk management. The more extra features a platform offers, the more diverse and customized the trading process can be. In any case, all the available trading platforms are designed to make forex trading comfortable and comprehensive. When making the choice of a platform, a trader needs to figure out whether it provides automated trading, free forex signals and usage of trading robots; whether there is a version for Windows, iOS or Android, depending on a particular trader’s case.

The most profitable trading platform for you depends on your needs - whether you're a day trader, active investor, or passive investor employing a long-term buy-and-hold strategy. Forex-Awards.com offers a list of trading platforms that have proven to be most in demand among traders. You personally can express your opinion as well and vote in favor of the trading platform of your choice. 

Best Trading Platform 2022 Nominees

Forex Broker Ratings Results Rating dynamics
1 NordFX Review and Awards Overall rating
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2 XTrend Speed Review and Awards Overall rating
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3 Errante Review and Awards Overall rating
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4 CedarFX Review and Awards Overall rating
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5 IQ Option Review and Awards Overall rating
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IQ Option voting dynamics Rate
6 AxiTrader Review and Awards Overall rating
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AxiTrader voting dynamics Rate

Best Trading Platform — Previous Years Winners

  Best Trading Platform Winner 2019   Best Trading Platform Winner 2018

Best Trading Platform – Most Indicated Strengths

Indicated strengths reflect the users' preferences

Top Forex Nominations 2022

Nomination Nominees
1 Best Forex Broker FXCMNordFXHFMETX CapitalIS6FX
2 Best Execution Broker ActivTradesNPBFXXeroMarketsETX CapitalIS6FXVIG Investment
3 Best Forex Expo Forex Expo 2022Forex Expo Cyprus 2022Forex Expo Egypt 2022TradersExpo 2022MoneyShow 2022iFX Expo Dubai 2022
4 Best Cryptocurrency and Forex Broker NordFXKiplarXeroMarketsGIBXChangeVIG Investment
5 Best Cryptocurrency Exchange PointPayGIBXChangeHuobi GlobalCoinbaseBinanceKrakenBitMEX
6 Best Crypto Broker Asia NordFXOctaFXKiplarXeroMarketsIS6FX
7 Best Micro Forex Broker HFMXMOctaFXFXTMXTrend Speed
8 Best Trading Platform NordFXAxiTraderErranteCedarFXXTrend SpeedIQ Option
9 Best Crypto Trading Mobile App LibertexNordFXXMMoneta MarketsPointPay
10 Best ECN / STP Broker OctaFXNPBFXKohle Capital MarketsCedarFXVIG Investment
11 Best Cryptocurrency Broker NordFXHFMOctaFXKiplarXeroMarkets
12 Best Forex Broker Europe LibertexActivTradesXMMoneta MarketsXTrend Speed
13 Best Cryptocurrency Trading Platform LibertexCommerceWealthMoneta MarketsGIBXChangePointPay
14 Best Forex Mobile Application LibertexXMOctaFXKiplarInvestiGram
15 Best Forex Broker Asia NordFXNPBFXCommerceWealthXeroMarketsIS6FX
16 Best Forex Broker Middle East NordFXNPBFXCommerceWealthXeroMarketsIS6FX
17 Best Trading Application IQ OptionPointPayGIBXChangecTraderIEXS
18 Most Transparent Broker NPBFXKohle Capital MarketsXeroMarketsXTrend SpeedVIG Investment
19 Best Trade Executions OctaFXErranteCedarFXGIBXChange
20 Best Dealing Room XMKiplarMoneta MarketsKohle Capital MarketsCedarFX

All Forex Nominations