In the process of trading transaction, you will need a software or platform of forex trading as a means to analyze and conduct transactions. By this software, you can do the transaction buy, sell, close the transaction, storing pending orders, perform an analysis of currency movements, and others.
There are many types of trading platform supplied by a forex broker online. Some types of software/trading platform commonly used by retail traders, among others, Ninja trader, Streamster, TradeStation, Ctrader, Widetrader, Metatrader, and others.
MetaTrader is a trading software that is the most popular and widely used by retail traders, and are also provided by almost every online forex brokers available today. This is because it is easy to learn, quick to be a master, available at many brokers, and provide enough facilities.
In addition, also can use the MetaTrader indicators, scripts and Expert Advisors (trading robots) as a tool in forex trading. Currently the latest version of MetaTrader is the MetaTrader 5 (MT5). We encourage you to study the use of MetaTrader 5 trading software, because this is the most likely trading software that you will use later.
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