As an online trader, you have to spend a lot of your time on the internet. This is a given for any job with the word “online” in its title. Your time will be spent on monitoring trade rates, market values, forex rates, etc. and all this will be done on the broker’s trading platform. A trading platform is a place where all aspects of trade take place.
Your experience with a broker is determined by the quality of their trading platform. So, if a broker lured you to their website with claims of a high-quality trading platform and services but in reality does not provide them, then it is an unreliable broker. Reliable brokers are those that live up to their claims and provide you the services they advertised with and more. There are plenty of brokerage firms that put in a lot of effort into generating Forex leads, but fail to provide the experience a potential client looks for. So, it would do you well to understand the broker you plan to work with, and whether the experience on their website and platform matches what they actually claim to give. Look for brokers that put the same effort into working for their customers and providing the results, as they put into trying to bring them to the website.
I have spent a lot of my time researching brokers and have come across many good brokers as well as many not-so-good ones. A good broker that I want to talk about is FinexArena. The trading platform of this broker left a good impression on me. Here is my honest and unbiased review of the online brokerage firm FinexArena.
MetaTrader4 Platform
The quality of your experience with a broker depends on the type of trading platform they offer. It should be one of the first things you should look into in a broker. A trading platform is a place where you will access the trade market and find deals that you want to invest in. So, you must check which trading platform is provided by the broker.
From my experience, I have gathered that brokers either like to use an already existing trading software and edit it according to their website’s preferences or design their own trading platform. Both of these ways of trading platforms have their own benefits but the platforms developed by the broker itself tend to have more errors and bugs than the other option.
FinexArena uses the MetaTrader4 (MT4) software as their trading platform. The MT4 is one of the best trading platforms out there as it provides many benefits to the traders, especially for forex trading. FinexArena has launched one of the most popular desktop trading platforms that work effectively on all web browsers on the basis of the MT4 platform. This is personally one of my favorite trading platforms and its benefits are endless. Not only does it create a user-friendly interface, but it also provides services like multilingual facilities, analysis tools market values, real-time access to marketplaces, automated trading option, and many more.
FinexArena has one of the smoothest running trading platforms out there thanks to the cutting-edge technologies and services provided by the MT4 platform.
Web Trader
The web trader platform of FinexArena is one of the best desktop platforms among brokers. The broker uses the MT4 trading platform and provides the best services to you. I prefer using website platforms whenever possible because the experience that you get from trading on a spacious desktop or laptop screen is unrivaled by the other trading platforms.
FinexArena has launched one of the most advanced web trading platforms that incorporates all the features of the MT4 trading platform to provide the best user experience to you.
iPhone & iPad Trader
You can trade from anywhere in the world using the FinexArena iPhone and iPad traders. You will be able to enjoy the same MT4 features that are a standard for this broker’s trading platform these versions of the trading platform. Since laptops and PCs are not always available to you, for instance, while you are traveling, or at a café, then these platforms will be really useful to you. Moreover, they are also great if you just want to get an update on the stock markets so you don’t have to start up your laptops, access the website, and log into your account to get them. You can just open the app on your devices and get the updates.
The trading platform combined with the Apple iOS technology allows you to experience all aspects of trading with a friendly interface and one-click trading options. You also receive multilingual support on these platforms. Features like real-time quotes, charts, activity reports, modification of open positions, and many others are available on these platforms. The iPad trading platform also supports the iPad Retina program. You can download these applications on your devices from the Apple store.
Android Trader
The debate about which system is the better one; Android vs iOS is never-ending. Since both sides have close to equal support, FinexArena provides specialized trading platforms in the form of a mobile trader for both software.
FinexArena provides you with the option of portable trade with its Android Trader. The app allows you to utilize all of the advanced features and services of the MT4 platform such as advanced functionality, a user-friendly interface, and many others. With the Android Trader providing you with mobile markets, you can trade from where ever you want. The Android Trader for this broker works with Android OS version 2.1 or other higher versions. This version of the platform provides you access to all messaging services provided by the MT4, such as notifications, MT4 desktop messages, and FinexArena messages.
You will also be able to enter the real-tile markets and monitor the profits/loss of live trades. The Android trading platform of FinexArena provides many services to the users.
The one thing that I don’t enjoy about mobile-based trading platforms is that they need to be regularly updated and tend to have more errors on pages that cause frustrations.
Final Thoughts
FinexArena is a reliable broker that provides some of the best trading services. Their trading platform provides excellent services and features that make your trading experience enjoyable. They use the MT4 software which is considered to be the best software for trading platforms.
I thoroughly enjoyed the services provided by FinexArena on its trading platform. Now, you should check these services out yourself to see if they live up to meet your expectations.