It is very important for a broker to choose a trading platform for work that would be convenient for both clients and investors. This means asking the questions what do you need from a trading platform, and what requirements do market customers have?
First, the platform should be comfortable. Trading, whether it is stock or currency trading is already a rather complicated matter, and if in addition to charts, rates, forecasts, etc. the trader is distracted by adjusting to the platform, it can spoil the whole strategy. So, in an ideal platform, everything should be in front of your eyes.
Secondly, the platform must be functional. The more technical analysis indicators, tables, charts, and asset charts you can use, the better. Besides, the terminal must have functions for setting stop loss and take profit, pending orders, address, market, and so on orders. Without all this, it will turn into a merely useless tool.
Third, access to the exchange. There are many exchanges, and each of them has unique assets that are not available for purchase at other sites. If good brokers provide access to all exchanges, then the platform must comply with them, allowing you to work in parallel with several trading platforms and assets listed on them.
It, of course, is far from everything, there are 1000 and one small things, and each trader has individual requests and wishes, but the overall picture of the characteristics for a good platform will look like this.
It is worth looking at the most popular trading platform, MetaTrader 4, which provides the possibility of full-fledged trading. Besides, so that the client can use the terminal comfortably, they can set up an audible alert that will indicate events occurring in the market. With historical data, you can analyze the market without having to connect.
The MetaTrader 4 mobile platform can be installed on a variety of mobile devices, including the iPad and iPhone. The terminal is perfectly protected, and the user can be sure that no one else can access his data. All transactions are safe and mobile.
It has an excellent interface with various languages. A trader can customize it more deeply and thoroughly, thus improving his work and his trade.
The platform is useful but at the same time simple and clear, suitable for a beginner and an experienced trader. There is a news feed, and you have the ability to choose a signal for alerts about important events for the trader.
Not every platform allows the use of technical analysis indicators, but MT4 enables them to be used in a wide variety of ways. Therefore, a trader makes transactions and analyzes the market easily.
There are no high requirements regarding system resources, thanks to the VGA mode which can be used for high-resolution display.
As you can see, MT4 has many advantages, but the license to purchase this platform is expensive. White Label MT4 is an excellent way out.
Thanks to this cooperation, you will receive the same benefits as when you purchased a license. But among other things, the platform will be fully adapted to your brand. Your customers will work on the best trading platform in the world without worrying about possible problems. The service provider will assume all difficulties. You will get many advantages for your business, leading to success and excellent reputation.
