Suggestion trading platform?

Dom90 · Aug 20, 2020

Hi!

I'm looking for suggestions about a trading platform for a new trader.
Started learning almost 2 months ago and wanna start trading with real money. I live in Australia and used the platform CMCmarkets.com. But I can't use their mobile app on my phone.
Google play store tells me '' this item is not available in your country".
Any suggestion if you live in Australia and wanna use mobile as well?
I need a mobile version. I can't carry my laptop with me if I only wanna check my trade...lol

Thank you

ZBZB · Aug 20, 2020

Use a regulated broker that trades on regulated exchanges such as www.interactivebrokers.com instead of a bucket shop that takes the other side of your trades. (though IB does Cfd as well). IB have a mobile app.

NotKnown · Aug 20, 2020

IG are ok and are in the same league as CMC. Their mobile app is better but that is subjective. Depends on what you want to see. I have been trading CFD's for years so do not believe the myth of bucket shop. Those days are long gone as they all provide trading API's so if they play with prices there will be arbitrage opportunities for the quick and institutionals. That said, be careful with your stops.

What are you thinking of trading?

El Trado · Aug 20, 2020

Oanda works great, and should be available everywhere?

TREMPER · Aug 20, 2020

NinjaTrader

silvercoin · Aug 20, 2020

Have you looked into infinity AT webbased cloud based trading platform? Can trade off any device ..phone...computer..windows based or apple...?

RhaTrading · Aug 21, 2020

Lots of platforms have Apps. Friendly advice since you're new, DO NOT TRADE ON THE PHONE. Unless it's urgent always trade focused at a computer with all the tools you could need made available. It's too easy to break your own rules with the apps.

Dom90 · Aug 23, 2020

El Trado said:
Oanda works great, and should be available everywhere?

I heard good things about Oanda. I'll take a look

Dom90 · Aug 23, 2020

silvercoin said:
Have you looked into infinity AT webbased cloud based trading platform? Can trade off any device ..phone...computer..windows based or apple...?

RhaTrading said:
Lots of platforms have Apps. Friendly advice since you're new, DO NOT TRADE ON THE PHONE. Unless it's urgent always trade focused at a computer with all the tools you could need made available. It's too easy to break your own rules with the apps.

Completely agree with you on trading from computer, but I also wanna be able to check my trades on the phone.
That's my reason

Dom90 · Aug 23, 2020

NotKnown said:
IG are ok and are in the same league as CMC. Their mobile app is better but that is subjective. Depends on what you want to see. I have been trading CFD's for years so do not believe the myth of bucket shop. Those days are long gone as they all provide trading API's so if they play with prices there will be arbitrage opportunities for the quick and institutionals. That said, be careful with your stops.

What are you thinking of trading?

What do I think about trading?
It's a mess...lol
Anyone try to ''sell'' you the idea that is not rocket science. But then when you do is different.
P.S.
I'm at the start of the journey so everything is new and complicated...