I have traded on numerous quotex trading platforms during my career. Some platforms have been an absolute joy to trade on, while other platforms have made me want my hair to blaze. There are many trading platforms for traders, and they all vary in quality.
Let’s just say that I will only list platforms of high quality, and not list those that are poor. Unfortunately, that would result in a lot of lawsuits and cease-and-desist letters. I’ve chosen the best features of these platforms and will explain why I think they’re so effective.
The data feed quality is an important factor in the effectiveness of any platform. This article assumes that all platforms have a data feed sufficient to allow us to discuss the issue.
1. A quality set of charting instruments is a must for any platform.
For active charts and trading, it is crucial to be able and proficient in drawing trend lines, Fibonacci and pivot points, as well as other tools, that other traders may find necessary. These symbols can be drawn without the need for a physics degree. Entry of trend lines and other symbols shouldn’t take too much effort. Remember that your main focus when trading is price action, not how to draw lines.
2. Good platform design should be easy to use and understand.
An easy-to-use platform should be clear and simple to set up. To use the software, you don’t need to read 200 pages of manuals. The chart must be clear and understandable. Also, the index readings must be clearly visible and easily read. Platforms that are complicated to set up or require regular maintenance will waste trader time and eventually cost them money. The settings you have saved from the previous day will be preserved and the program should start again the next day. You won’t need to update your indicators or oscillators on a daily basis if you use a quality program.