Forex platforms are often a key way different Australian FX brokers differentiate themselves. While some have their own propriety platforms, most others provide a wide variety of options. There are two sets of forex platforms.

Best automated Forex trading software

Brokers claim these platforms as their own even though many companies support the same platform. Below we assess the best forex broker platform elements from a range of providers.

Automated Forex Trading Platforms - AvaTrade

We analyse them specifically for Australian forex trading conditions to see how they stack up. MetaTrader is a windows based forex platform which is the most popular worldwide and is offered by IC Markets. The platform is also feature rich and includes an automated trading ability. Both advanced charting combined with an advanced ordering system attract many forex trader bringing a more efficient trading experience. Other brokers have their own proprietary software to provide them with a competitive advantage attracting forex traders.

The platform offers a range of features including: Forex Trader Pro is offered by Forex.

The platform has excellent customisation options and not only have iPhone, Android and iPad apps but also a web only version. With advanced trading features, integrated research, charting tools and analysis, the platform is popular for intermediate forex traders.

Forex Capital Trading offer Web PROfit alongside MT4 similar to Forex. The platform is fast, sick and professional to give forex traders full control when currency trading.

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There is the following versions: There are many other brokers that have their own platform such as Plus but these are just to simplify forex trading rather than focus on tools and features that exceed MetaTrader and cTrader.

A trading platform is one of the most important features a fx broker offers as this is the conduit between yourself and that broker or in the case of ECN brokers, the market itself.

Almost all Australian forex brokers offer a free demo account to test the platform. The screenshot below shows a list of the best forex brokers for high leverage brokers.

Click on it to view the platforms they use and browse other brokers to find the right match for your needs. Compare Forex Brokers has a range of forex broker charts that compare the leading Aussie regulated players for Australian traders. The information came from the individual forex broker websites and other third party sources including demo account information.

Best Forex Trading Platform Comparison (Updated For )

Use our free tools to find the right broker to suit your needs from high leverage to low spreads. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.