A web based trading platform is an online platform that is provided by a broker through which you can access the various financial markets and place Buy or Sell orders when you wish to trade.
These platforms can simply be accessed through a computer with internet connection by visiting the website of your broker and logging in using the details given to you when you opened your trading account.
Financial markets that are traded on web based platforms include forex, indices, stocks, bonds, exchange-traded funds, commodities, and other derivatives.
Such platforms enable transactions to be executed from any location meaning a trader can participate in the financial markets trading from anywhere in the world provided they have internet access.
Brokers that provide online trading platforms typically also provide a range of trading tools such as live market data, charting tools, news, account management, analyst research, and customized backtesting to allow you to test your trading strategy on past data.
Disclaimer – Futures, CFD, Margined Foreign Exchange trading, Warrants, Options and Spread Betting all carry a high level of risk to your capital. Only speculate with money you can afford to lose. Futures, CFD, Margined Foreign Exchange trading and Spread Betting may not be suitable for all customers, therefore ensure you fully understand the risks involved and seek independent financial advice if necessary.
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