What is a Trading Platform?

You surely hear more and more about Online Trading and rightly so, because many individuals decide to get into it in order to try to increase their income or even to make it their profession. Trading consists of buying and selling assets or securities via an online trading platform or a mobile trading application. Anyone wishing to start trading can download an online platform for free and call a professional on the internet. Indeed, thanks to the popularization of these platforms, stock market movements are now accessible anywhere and at any time, both to individuals and professionals. In this article, we will define for you what a trading platform is ?

Trading platform

One of the trading tools, if not the most basic of trading tools, is the online trading platform. Regulated by the financial market authorities, the trading platform is a website (or an application) from which any Internet user can access software and tools allowing him to follow, in real time, the activity of the financial markets. More simply, it is a computer program allowing traders to take a direct position on the market in order to implement their trading strategy. In addition, some of the most reliable trading platforms guarantee security and support to their customers by offering them various technical features such as analysis tools and chart studies.

Characteristics of a trading platform:

Fundamental analysis tools
Fundamental analysis being one of the major methods of market analysis, these tools make it possible to better assess the intrinsic value of an asset and to make an analysis based on the factors that can influence its future price.

Technical analysis tools (also called chart analysis)
Contrary to fundamental analysis tools, these tools make it easier to study stock market developments through price charts. They make it possible to make predictions about the future direction of prices.

Behavioral analysis tools
Having direct links with psychology, these tools help traders behave better in the face of trading challenges. The goal is to create more profitable traders by showing them the right path to follow.

The trader analyzes the context in which a particular instrument is located, using several analysis tools. These tools are of great use to the trader who must often analyze a lot of reliable information before developing his investment strategy. These analyzes are means that allow the trader to understand the environment, to know what the trend of the asset is, if it is overside or underside and to help him in his decision-making.