The best 10 forex trading platform 2021
1. MetaTrader 4
MetaTrader 4 (MT4) is the most popular retail platform for currency trading. MetaQuotes created the trading platform in 2005 and has over 85% penetration from worldwide forex brokers. 55% of retail forex traders used the platform in 2018 based on finance magnates intelligence . Based on awards, it’s considered the best forex platform.
2. MetaTrader 5
Three years after the release of MT4, the team at MetaQuotes developed MetaTrader 5 (MT5). The key reason for the new platform was to allow share CFD trading. The popularity of CFD trading and more brokers offering MT5 is why in 11.5% of MetaTrader usage was MT5 in 2020 (up from 5.4% in 2019). Below shows the details of the forex magnates metaQuotes study .

3. cTrader
Created by Spotter, cTrader is the third most popular forex software and is offered by a wide number of retail foreign exchange brokers. While no exact market share statistics have been published, below shows the popularity of the websites and app downloads of the three most popular platforms.

4. MarketsX
Developed by Markets.com, MarketsX is a proprietary multi-asset trading platform, a one-stop solution for all your trading needs. The platform is part of an FTSE 250 company listed on the London Stock Exchange (LSE).
5. NinjaTrader
Based out of the USA, NinjaTrader is an advanced charting forex software package created in 2004. Most forex traders using NinjaTrader are based in North America with the platform registered by the National Futures Association (NFA).
6. ProRealTime
Founded in 2001 and developed by IT-Finance in France, ProRealTime key strength is the technical analysis functionality. Unlike most other forex trading software, the is web-based with no downloads required. There are customizable currency market scanners and advanced charting facilities. For automated trading, the platform uses ProRealCode coding language.
7. eToro Trading Platform
eToro specialists in social trading and copy trading with a platform specifically designed for trading CFDs. The online broker was recommended for social traders based on the platform functionality, number of copy traders online, and depth of CFD trading options.
8. Plus500 Trading Platform
Plus500 is a CFD provider that offers a large range of financial instruments for trading. The company offers its own proprietary trading platform, designed specifically to make monitoring and trading multiple instruments at one time as easy as possible.
9. eSignal
eSignal is one of the oldest trading platforms on the market. The software’s point of difference is its advanced charting features, which makes it great for traders wanting technical analysis.
10. ThinkOrSwim
TD-Ameritrade ThinkOrSwim (TOS) is a desktop, mobile and web compatible trading platform for ETFs, forex, futures, stocks and options. It is one of the few platforms available on mac . The platform stands out in a crowded field of competitors because of their advanced charting features, a wealth of research tools and screening tools which are highly customizable.
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