Which is Best – Desktop or Web Based Forex Trading?

When it comes to choosing a Forex trading broker, you will want to look at the type of trading platform and forex trading charts that they offer you free of charge. Why? Because some people prefer web based trading, and others prefer to trade from the desktop.

But which is best, and which is more reliable? If the internet goes down, does that meant that the desktop trading station will still work whilst the internet based station fails, or are they equal in this respect?

Let’s talk about the answers to these questions to see if you can uncover which trading system really is the best to use.

Web Based Forex Trading

Most brokers these days have a facility where you are able to trade from the internet browser. Whilst this is not the most popular way of trading, it does hold some significant benefits over desktop-based trading:

• You can trade from any computer, anywhere in the world
• No software to install and no chance of the program being corrupt
• Internet-based trading stations are often easier to understand and simpler to use

Obviously, the biggest benefit to using a web-based FX trading station is that you will be able to log into it from anywhere in the entire world. If you are away on holiday, you can even walk straight into an internet cafe and open up the trading station – no download or install needed.

In this respect, trading through the internet is a whole lot easier and less complex.

Desktop Based FX Trading

Desktop trading requires that you download a program onto your computer before you are able to access the trading station. This is perfect for people who often trade from just one place; i.e. their home and office.

Also, there are a number of other potential benefits, including:

• More complexity and a better range of trading platform features
• More information and a better ability to monitor trading positions and market moves
• Quick and easy to log into – no need to navigate to the website first.

For people who don’t want to trade Forex whilst they are away on holiday, and for those who really only trade from their home computer – a desktop-based trading platform will probably be best. This is because it is much quicker to log into, and you can literally be up and running and logged in within just a few seconds, versus a few minutes when you use a web-based trading station.

So which is best?

Some argue that desktop based trading is more reliable, as there is less of a chance that an activity will cause the browser window to crash. Of course, the trading client itself could crash, but this is highly unlikely. So which is best? As you might have guessed, the answer to that really depends on how you trade FX, and what you ultimately want out of a trading platform.

At IMMFX, you can trade with the most popular MetaTrader 4 trading platform which is a desktop based trading platform. However, IMMFX also offers ‘Mobile Trading‘ opportunity, an alternative to web-based version, that lets you trade Forex market while moving, from anywhere around the world with simple internet access to your pocket devices.