I have definitely traded on a variety of trading platforms throughout my career. Some platforms have been a pleasure to work with, and others have made me want to ignite myself. The variety and quality of the trading platforms available to traders range from the terrible ones to the excellent ones. If you are looking for more information on online trading services, you can browse Globex360.co.za.
Of course, the effectiveness of any platform is directly related to the quality of the data feed. For this article, we will assume that all platforms have a suitable data source and will simply remove this variable from the discussion.
1. A good platform should be easy to read and interpret.
A good platform should be easy to read and configure. You don't have to read a 200-page manual to run the program. The table should be clear and easy to understand, and the index readings should be clear and prominent. Pallets that are difficult to set up or require daily maintenance to set up a valuable trading time that waste and ultimately cost the operator's money.
The quality program will also save your settings from the previous day and when you start the program the next day, the exact settings should appear, you will not need to add oscillators and indicators daily.
2. A good platform that never crashes or crashes
There is no worse feeling in trading than being inactive trading and crashing the platform software. There is no excuse for software incompatibility with operating systems. The platform is the core of your profession and it should work as such. This particular requirement is one of my favorite problems, as I swapped it out on a platform that was very unstable and allowed for a long, frustrating day.
Never use this platform again and will never do so. Software designers are well aware of the design flaws inherent in the trading platforms and there is absolutely no reason why these shortcomings should not be addressed in a manner that assures the trader a flawless trading experience. There is nothing worse than buggy programs. If you are looking for Forex Trading in Kenya then you can search over the internet.
There are many other inherent flaws in the trading platform software, but these five flaws stand out as deal-killers in my book. I will not tolerate any of these drawbacks and will quickly change platforms if I encounter these issues with any hesitation. Of course, one drawback can be expected. But the constant and recurring bugs in the software of the trading platform are unforgivable.