A trading platform is a program that investors and traders use to open, close and manage trades on the various financial markets.

Trading platforms are typically offered free by brokers for use with a demo account (which don’t require any sort of deposit) or a real account (which requires an actual deposit).

These trading software applications offers a multitude of features that allow one to analyse the markets and be informed on the latest stock market and forex news. Some of them also allow you to program automated trading robots (or EAs, expert advisors), as well as test and optimise strategies using historical market data.

MetaTrader 4

MetaTrader 4 is trading software developed by MetaQuotes. Over the last ten years, MetaTrader 4 has been the most popular trading platform among both forex brokers and traders. The trading software gained much ground between 2007 and 2010, when many forex brokers started to use it as an alternative to their own proprietary software.

MetaTrader 5

Is it time to switch to the MetaTrader 5 trading platform? The MT5 platform was launched in 2010, but it failed to convince traders who still massively use MT4. However, since 2016, MetaQuotes has been encouraging brokers and traders to migrate to MT5. Both trading platforms are very similar, but MT5 has some extremely useful new features.


cTrader is an ECN forex trading platform developed by the Spotware company. Since its initial launch, cTrader has become one of the world’s leading platforms for several major ECN brokers (such as Pepperstone) and a serious competitor to the popular MetaTrader platform.

MetaTrader vs cTrader platforms

The choice of the platform depends on your personal preferences. EA-focused users will be more attracted to MT4 due to its greater availability, its number of online resources and its larger community. cTrader will attract traders who want to make changes to the interface and use more sophisticated types of trading orders. Click here to compare the two platforms.


ActTrader trading software was created in 2000 by ActForex when the retail forex industry was still in its infancy. ActTrader is therefore one of the first trading platforms of its type. The trading terminal also enables traders to automate trading strategies without any programming knowledge via a visual interface.


XStation 5 is the XTB brokerage’s proprietary trading platform. This innovative, intuitive and fully customisable trading station adapts to your investment style.

Forex Tester 2

Forex Tester is software that simulates the Forex market with unmatched realism. It allows one to: 1) test trading strategies (manual or automatic) using data from recent years and 2) learn how to trade faster than with a demo account.