Day trading trading platforms

Day trading trading platforms in the test

trading chart in metatrader

What software is offered and can be used? Are there any costs for using it? The most popular trading platform worldwide is Metatrader, which is also offered by the providers presented here. In the image below you can see a section of the trading platform on the desktop. You can use the trading platform for any device with just one login. Trading with a smartphone or tablet is possible without any problems. A number of functions are available to you for this purpose.

Use various chart settings and a transparent order mask for trading. In Metatrader, you can insert any indicators or even design an automatic strategy with just a few programming skills. The software is quite user-friendly and with a little practice you will quickly get to grips with it. Beginners can use a free demo account to test the platform without risk.

Facts about Metatrader: 

  •     Trading software for every device
  •     Free of charge
  •     User-friendly
  •     Use of indicators and drawing tools
  •     Perfect for technical analysis
  •     External files can be inserted
  •     Automatic programmes possible
  •     Fast trading via order screen or 1-click trading

Free demo account

Every trader should first test a day trading broker in the demo account. This account is offered free of charge and is filled with virtual credit. You can therefore test the conditions and the trading platform of the broker risk-free. The demo account is free and unlimited. So there is a long time to practice.

You can also test new markets and try out strategies in this demo account. In my opinion, beginners should have their first successes in the demo account before they start trading for real money. The top brokers offer a non-binding practice account without risk.

trading web terminal

Opening an account for real money trading

Opening an account is generally an easy task. Open your real money account in just a few minutes. The broker needs some personal data and you have to answer several questions. Due to the strict regulations, the broker has to verify your identity before you can deposit and withdraw money.

This is done by verifying the trader accordingly. For this purpose, an identity document and proof of residence must be uploaded. Optionally, a webcam can also be used. From my experience, the process is completed within 24 hours and takes less time in most cases.

  •     There is a free and unlimited demo account for every client.
  •     The account opening takes only a few minutes
  •     Before the first deposit, the account must be opened with the appropriate data.

Deposits and withdrawals at the day trading broker

Nowadays, the capitalisation of the trading account is very easy and does not cost any fees. The broker provides you with several payment methods. Use the classic bank transfer or electronic methods. With electronic methods, the deposit works in real time.

The withdrawal of customer funds and winnings is processed and released by regulated brokers within 24 hours. From my experience, there are no problems with the payout at the https://online-exness.com/payment-methods/. Moreover, there are no fees that can reduce your profit.
daytrading broker 

Facts about deposits and withdrawals:

  •     Use bank transfer, PayPal, credit cards or e-wallets (Neteller, Skrill) and more.
  •     Deposits in real time
  •     Withdrawals are processed within 24 hours
  •     No fees on deposits and withdrawals

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