Offshore Trading Platforms - Provided By Brokers In Offshore Locations
Some broker are located in countries or regions which are deemed to be offshore (out of the main jurisdictions). Typically (but not always) these are located in islands (hence 'offshore'). Offshore does not necessarily mean unregulated as some brokers are regulated by the regulatory body in their offshore location, however others are not regulated.
Offshore brokers may offer features which are not available in other jurisdictions, for example the capacity to offer higher leverage, a feature which has been restricted in recent years, however increasing leverage increases risk.
To trade with a broker, offshore or otherwise, the trader uses an online trading platform, normally provided for free by the broker. The choice of online trading platform has some importance as they can have different capabilities, for example some tend to features aimed at traders who plan and execute their own trades, while others tend towards features supporting traders who want to use robots to execute their trades.
One way for a trader to find a platform which suits the way they trade, is to try out different platforms. If the trader wants to trade using automated trading then they may wish to consider a platform offering support for trading with robots and account features suitable for this type of trading (for example ECN). If the trader want to trade with small trade sizes, then they may wish to consider a broker providing a cent account.
| Broker | Trading Platforms | Description |
|---|---|---|
| RoboForex Broker | MT4, MT5, cTrader, R StocksTrader Trading Platforms | RoboForex is an IFSC (Belize) regulated broker offering a wide range of platform and account types, from cent to ECN Description |
| Vantage Broker | MT4, MT5, ProTrader Trading Platforms | Vantage is a CIMA (Cayman Islands) regulated broker offering trading on MT4, MT5 and ProTrader, with support for trading with robots via ECN accounts and MetaTrader Description |
| FXPRIMUS Broker | MT4, MT5, cTrader Trading Platforms | FXPRIMUS is regulated by the VFSC in Vanuatu and offers MT4, MT5 and cTrader and a Cent account, with a $15 minimum deposit Description |
RoboForex as can be seen offers a wide range of online trading platforms. The trader may trade on MT4, its successor MT5, cTrader (an advanced platform suited to a wide range of trading styles) and R StocksTrader, a platform which has a large number of markets to trade, with 12,000+, the bulk of which are Stocks CFDs. All of these platform support trading with robots. However the trader may also wish to consider other brokers, for example, Vantage FX, which offers MT4 and MT5 or FXPRIMUS, which provides MT4, MT5 and cTrader, if the broker finds that they want to trade mainly with MetaTrader. These brokers are, like RoboForex, regulated in their respective offshore locations.
