All Share (J203) = 89 875
Rand / Dollar = 18.19
Rand / Pound = 23.56
Rand / Euro = 19.73
Gold (usd/oz) = 3 034.84
Platinum (usd/oz) = 987.30
Brent (usd/barrel) = 70.80
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

19 Best Trading Platforms for Expert Traders – ( Reviewed ) 2025

Platforms for Expert Traders

 

According to research in South Africa, when it comes to Forex trading platforms, there are many different types available as each broker builds theirs on specific software which allows them to choose functionality, layout and the features that their website will offer to traders.

When it comes to choosing one for an expert trader, the list does indeed, and luckily shorten to a certain degree. So, who classifies as a Forex Trading expert? Does it depend on a high winning percentage or is it the ability to forecast future price levels with accuracy? Or maybe the ability to stay out of trades altogether when the Forex market is quiet and not showing much price change?

Yes, these factors are important to certain degree, but many relatively new traders can perform at a similar level. An expert trader is someone who trades in exceptionally large numbers of currency units. Just as a casino might impose upper limits on the amount that its players can wager, a Forex broker might not have the financial resources to deal with a Forex trader who thinks in similar terms. These brokers will frequently impose a limit on the number of units of the base currency of a currency pair that a trader is permitted to trade. Forex brokers suitable for experts would be those who have the resources and do not need to impose a limit.

A review about NAGA

NAGA

NAGA is a CySEC regulated, multi-asset class broker offering more than 750+ instruments across Forex, Stocks, Indices, Futures, ETFs, Commodities and Cryptocurrencies to trade. The broker is part of Naga Group AG, a company on the Frankfurt Stock Exchange and offers crypto wallets on NAGAX, a NAGA MasterCard and social trading tools.

Pros and Cons

Pros Cons
CySEC regulation. Trading education limited.
Wide range of asset classes. Higher than average swap rates.
Platform powered by TradingView.
Real crypto trading and free crypto wallet.
NAGA MasterCard.

A review of Skilling

Skilling

Skilling is an online Forex and CFD broker that operates from Cyprus and offers Forex, indices, commodities and equity stocks for trading.  Skilling boasts of offering over 300 trading instruments from different markets all over the world. The official website is in 4 languages: German, Swedish, Norwegian and English.

Pros and Cons

Pros Cons
Modern and fully featured proprietary platform No access to MT4 platform to those who want it
Good selection of instruments and assets available to trade
Highly regulated via CySEC

A review about ActiveTrades

ActivTrades

ActivTrades is a CFD and Spread Betting broker which is regulated by the UK Financial Conduct Authority (FCA) and offers traders 500+ tradable assets across Forex, Indices, Commodities, Shares, Cryptocurrencies, ETFs and Options on MetaTrader plus their own advanced ActivTrader platform for Mac, PC, iOS and Android systems.

Pros and Cons

Pros Cons
FCA regulated. Not accessible for US clients.
Segregated client funds and additional insurance protections. Limited market analysis and research tools.
500+ tradeable assets across Forex, Indices, Shares, Commodities, ETFs and Cryptocurrencies.
Free advanced trading tools such as Smart Pattern, Smart Order and Smart Forecast.
One-to-one platform training

A review of XTB

XTB

XTB is a trusted multi-asset broker authorised and regulated by the Financial Conduct Authority which provides a well-rounded, competitive offering including excellent customer service and the xStation 5 trading platform.  XTB was founded in 2002 and is publicly-traded and regulated in one tier-1 jurisdiction, making it a low-risk broker for forex and CFDs trading. XTB is the top choice for 230,000+ Forex traders globally.

Features

Feature XTB
Forex: Spot Trading Yes
Currency Pairs (Total Forex pairs) 49
CFDs – Total Offered 1894
Social Trading / Copy-Trading Yes
Cryptocurrency traded as actual No
Cryptocurrency traded as CFD Yes

XTB offers traders a Standard (for UK and Ireland residents only) and a commission-based Pro account and each account will come with its own execution method and spread model, in terms of commissions and fees.  The xStation 5 is the primary platform offering alongside the full MetaTrader 4 suite. Since xStation 5 does not support automated trading, MT4 must be used.

XTB also offers traders mobile apps for Android and iOS and customer support in a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish.

The forex market is such a competitive place to make a start, let alone a successful one at that. Just thinking about sifting through the massive number of available brokers on the market today can be an immense task for an established trader, and even more so for a beginner.  In this section, we have added a quick overview of 5 more Best Forex Brokers and Platforms available to traders in Namibia.

A review of FxPro

FXPro

FXPro is an online broker founded which was founded in 2006 and offers Forex, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies tradingFXPro is a global broker and has a head office located in the UK.

FXPro provide traders with access to top-tier liquidity and advanced trade execution with no dealing desk intervention and a starting account will need a minimum deposit of $100.

FXPro is regulated by CySEC, DFSA, FCA, FSCA and SCB.

What can be traded with FXPro?

 

  • Over 250 instruments
  • Over 70 currency pairs

FXPro is one of the few brokers in the market who offers both of the MetaTrader platforms; MT4 and MT5 plus the cTrader platform and mobile apps for Android and iOS.

FXPro Trading benefits include:

 

With FXPro, the minimum and maximum trade requirements vary depending on the trader and the instrument and the broker offers support in a very wide range of languages including Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, and Vietnamese.

A review about Swissquote

Swissquote

 

Swissquote is an online broker which was founded in 1999 and offers Forex and Social Trading, is a globally recognized broker and has a head office situated in Switzerland.  New traders with Swissquote will need to make a minimum deposit of $1000 and a demo account is available.

Swissquote is able to accommodate various levels of traders and offers a wide variety of instruments and trading currency to choose from.

  • Over 100 instruments
  • Over 150 currency pairs

Swissquote offers both of the MetaTrader platforms; MT4 and MT5 plus mobile apps for Android and iOS.

Benefits

  • Allows scalping
  • Allows hedging

Swissquote Trading Accounts on Offer include:

  • Demo account
  • Mini account
  • Standard account

 

Swissquote doesn’t charge traders an inactivity fee and traders can trade an impressive selection of funds for very favourable fees.

Pros and Cons

Pros Cons
Low forex fees High trading fees
Low fund fees High stock and ETF fees
No inactivity fee High bond fees

 

With Swissquote, the minimum and maximum trade requirements will vary depending on the trader and the instrument and the platform supports a wide range of languages including English, German, French, Italian, Spanish, Arabic, Russian, and Chinese.  Customer Service is available via Live chat, Phone and Email in a great response time.

A review about BDSwiss

BDSwiss

 

BDSwiss is a well regulated by CySEC that offers 3 types of accounts – BasicRaw, and Black VIP. These accounts come with a minimum deposit of $100 accept the Raw account which has a monthly subscription fee of between $1 and $79.

Pros and Cons

Pros Cons
Multiple regulations. Best spread accounts require higher minimum deposits.
Commission-free trading available.
Access to raw spreads available.
Can trade on MetaTrader 4 and MetaTrader 5.

Trading on more than 250+ financial CFD instruments covering Forex, Commodities, Cryptocurrencies, Indices and Equities is available plus BDSwiss offers both full demo and Islamic accounts are available and traders can fund their account through wire transfer deposits as well as through credit card and deposits which are fee free in most cases. Trading with the broker takes place through MT4, MT5, and WebTrader.

A 24/5 multilingual customer support team, is available to provide traders with an unsurpassed level of support in German, French, English, Italian, Spanish, Greek and Portuguese.

A review about eToro

eToro

 

eToro is an online broker which was founded in 2006 and offers CFDs and Social Trading, with a head office based in Cyprus, UK.  eToro offers traders two ways to trade: CFDs, Social Trading and eToro traders will need to make a minimum deposit of $200 and the platform can accommodate various levels of traders from beginner to expert.

eToro is supervised by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies and has been in operation for over 14 years.

Traders can trade in a wide variety of over 100 instruments and over 50 currency pairs on eToro’s user-friendly custom trading platform which is available as a browser-based web application. eToro also offers traders mobile apps for Android and iOS.  eToro also offers traders free stock trading.

Pros and Cons

Pros Cons
Low trading fees High forex fees
Free stock trading Withdrawal fee
Low CFD fees

eToro trading accounts on offer include:  Demo, Standard  and Islamic.  eToro supports a wide range of languages including English, German, Spanish, French, and Italian.

A review on Octa

OctaFX

 

OctaFX is an online broker which was founded in 2011, offering Forex trading.

Pros and Cons

Pros Cons
Regulated and authorized by CySEC Limited assets
Unlimited demo account Low Crypto coverage
Advanced technology No VPS
Forex and CFDs offered No education tools on Forex
More than 30 FX pairs to trade Telephonic support not available 24/7
No commission deposits or withdrawal options No clients from USA, Canada, Belgium, or others outside EU

 

OctaFX has won numerous industry awards over the course of 9 years and is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5.

OctaFX Trading benefits:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection

OctaFX Trading Accounts Offered:

As OctaFX is regulated by Financial Conduct Authority (FCA), each new client must pass a few basic compliance checks when signing up for an account.  OctaFX provides an array of educational tools to assist beginner traders to become more experienced and even professionals in trading.

A review of AvaTrade

AvaTrade

AvaTrade is one of the largest online trading platforms with approximately 200,000 registered clients who complete up to 2 million trades per month – approximately $60 billion of trading volume.  AvaTrade offers traders a range of financial trading instruments including indices, commodities, shares, forex, digital currency, bonds and exchange traded funds.

Pros and Cons

Pros Cons
Used by 200,000+ traders Doesn’t offer VPS
Established in 2006 Not FCA Regulated
Regulated by Central Bank of Ireland, ASIC, IIROC, FSA, FSB, UAE and BVI
Min. deposit from $100

To open a live AvaTrade account, traders will need a minimum deposit of at least $100, alternatively, a demo account is on offers which can use for practice.  AvaTrade offers both of the MetaTrader platforms; MT4 and MT5.

Trading Features: Accounts offered: Funding methods:
Allows scalping Demo account Credit cards
Allows hedging Micro account Bank Transfer
Low min deposit Mini account PayPal
Standard account Skrill
Islamic account Payoneer
Neteller

AvaTrade support a wide range of languages including English, Italian, German, French, Greek, Hebrew, Spanish, Arabic, Malay, Russian, Chinese, Portuguese and Dutch.

A review on Plus500

Plus500

CFD Service. Your capital is at risk

Plus500 is a trusted global brand with a user-friendly platform on offer.

 

Is Plus500 a trusted provider?

 

Plus500 is a trusted provider and offers only CFD trading.

  • Regulated
  • Licensed
  • Considered a trusted CFD provider

Plus500 currently offers its portfolio of over 2800 instruments which is higher than most CFD providers.

 

Commissions & Fees

 

Plus500 has a minimum deposit of $100.

 

Platforms & Tools

 

The Plus500 platform is available for web and mobile; but, MetaTrader is not offered. Plus500’s flagship platform includes:

  • The Plus500 WebTrader (browser-based) platform is suitable for experienced traders only. Though Plus500 is a very user-friendly platform, CFDs are “complex financial products”, thus the platform is not suitable for beginners/ un-experienced traders.
  • The Plus500 WebTrader platform offers robust charting with over 100 optional technical indicators plus the ability to save chart templates.

The Plus500 mobile app is similar to the web version, consistent in both look and feel.

A review about Tickmill

TickMill

 

TickMill offers traders 2 basic account types, accessible through the popular MetaTrader 4 platform and offers market execution with average speed of 0.3 seconds, variable spreads, leverage up to 1:30 and micro tradeable lots. The Classic account is commission-free and The Pro ECN carries a charge of a small commission fee and get tighter spreads.

Features

Account type Minimum deposit  Minimum trade size Maximum leverage Spreads (& Commission)
Classic $100 0.01 1:30 From 1.6 pips
Pro $100 0.01 1:30 0.2 pips + $4 / Lot*

*Commission is calculated per standard lot of 100 000 units round trip.

TickMill supports the MetaTrader4 (MT4) platform, available for Mac/Windows PC, Android & iOS devices and as a web-based version and accepts a wide range of payment methods: via credit/debit cards, (Visa, MasterCard, Maestro), bank wire, Skrill, Neteller, dotpay, and Sofort.

In conclusion

As Forex traders, it can be very challenging to know which of these 12 Forex trading brokers and platforms will be best suited to them and their unique requirements. Try them all! By using a no deposit bonus or a demo platform a trader will be allowed to test these platforms for themselves before they make their final decision, according to research in South Africa.

 

Frequently Asked Questions

 

Who are professional traders?

The way a professional trader is defined is by how he approaches his trading mentally and the way in which he manages his trading routine day to day. Professional traders also trade in exceptionally large numbers of currency units.

What platform do professional traders use?

Here is a list of the 19 Best Trading Platforms for Expert Traders

Is Skilling a good trading platform for expert traders to use?

Yes.

What type of brokers are suitable for expert traders?

Those brokers that have the resources and do not need to impose a limit on the number of units of the base currency of those currency pairs that a trader is permitted to trade.

Who is the richest forex trader in the world?

Paul Tudor Jones.

 

1/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

June 17, 2020

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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