Which trading plattform to use? A guide.

The selection of trading platforms is diverse, with each platform offering specific features, tools, and target audiences. We have compiled a list of some of the most well-known trading platforms:

1. MetaTrader 4 (MT4): Designed for Forex and CFD trading. MT4 is popular among retail traders, thanks to its user-friendly interface, support for Expert Advisors (EAs) to automate trading, and strong technical analysis capabilities. Target audience: Beginners to advanced Forex traders.
2. MetaTrader 5 (MT5): An advancement over MT4, supporting additional markets such as stocks, futures, and options. MT5 offers advanced charting tools, more indicators and timeframes, and improved backtesting capabilities for EAs. Target audience: Experienced traders and professionals looking to trade a broad range of markets.
3. eToro: Known for social trading and copy trading. eToro allows users to automatically copy the trades of successful traders. Target audience: Beginners and those looking to benefit from the knowledge of experienced traders, as well as cryptocurrency investors.
4. Interactive Brokers (IBKR): Provides access to a wide variety of markets worldwide, including stocks, options, futures, forex, bonds, and funds. With advanced trading tools and a robust trading platform, IBKR is aimed at experienced investors and professional traders. Target audience: Active and professional traders seeking comprehensive market coverage.
5. Thinkorswim (by TD Ameritrade): A platform known for its powerful charting and analysis tools, real-time data, simulation trading, and access to a variety of derivatives. Target audience: Advanced to professional traders who value analysis and visualization.
6. Robinhood: Offers commission-free trading of stocks, ETFs, and cryptocurrencies. The platform is known for its simple, mobile-first user interface and is aimed at beginners and younger investors. Target audience: Beginners and younger investors looking to trade with small amounts.
7. TradingView: Provides extensive charting tools and social networking features for traders and investors. Users can share ideas, discuss strategies, and learn from the community. Target audience: Traders of all experience levels who value community input and advanced charting tools.
8. Saxo Bank: A platform offering professional trading with a wide range of instruments, including stocks, bonds, forex, and more. With an advanced user interface and comprehensive research tools, Saxo Bank is aimed at experienced and institutional investors. Target audience: Experienced traders and institutional investors looking for a premium trading experience.

This list is not exhaustive, but it provides an overview of some of the most popular platforms on the market and their respective target audiences. Choosing the right platform depends on the individual's specific needs, experience, and trading goals.