Forex Education – Platform And Brokers

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Forex Education – Platform And Brokers

Trading platform, also known as electronic trading platform, is a computer application on which traders observe currency price movements in the form of a chart. However, it is more than that. Traders can also place various indicators on their charts to help them decipher where the price of the currency pair they are observing could be headed next. The most common trading platform is called the MT4 which is currently being replaced with MT5. The MT stands for MetaTrader and the software is written in MQL which has been developed by the MetaQuotes Software company.

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