The checklist below will assist you in your evaluation of trading platforms. Use it in conjunction with the Broker Checklist in Selecting a FOREX Broker. See Figure below. This is downloadable as an Excel spreadsheet from www.goodmanworks.com.
Tip: Your personal preferences also count! You will spend a great deal of time in front of the trading platform; be comfortable with it, and enjoying looking at it and using it.
All of these platforms are great fun to explore. But keep focused on your current requirements and where you anticipate you will be in one or two years. Switching platforms is certainly possible—I have done it twice in 10 years. But that is not fun. Beginning with a well-thought-out list of your needs and a thorough due diligence of several candidates, a trading platform selection should serve you well for many years.
Copyright 2012 by Michael Duane Archer. All rights reserved. John Wiley & Sons, Inc."
Content provided here under exclusive license
Related "A Guide to FOREX Trading Platforms" articles
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- Important FOREX Trading Platform Features
- MetaTrader FOREX Trading Platform Review
- NinjaTrader FOREX Trading Platform Review
- eSignal FOREX Trading Platform Review
- MultiCharts FOREX Trading Platform Review
- More FOREX Trading Platforms to Consider
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→ FOREX Trading Platform Checklist
- How to Pick the Best FOREX Trading Platform for You?