8 best Forex trading software for PC [2021 Guide]

Radu Tyrsina
by Radu Tyrsina
CEO & Founder
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  • If you're on a mission to conquer the Forex markets, you need a solid strategy.
  • Team up with these best-in-class Forex trading software tools to boost your earnings.
  • Keep in mind that CFDs, crypto, and Forex trading are high-risk investments by nature. Make sure you keep the track of your expenses at all times with the Best Financial Investment Tracking Software.
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There are hundreds of Forex brokers offering their services online so choosing the best one can become quite a challenging task. It can be as difficult as creating a successful strategy.

Usually, the average trader is unlikely to have enough time to check out all of the features that are packed in Forex platform packages offered by brokers.

That’s why we have gathered 8 of the best Forextrading software so your choice will be much easier. These are some of the market’s most legit and reputable brokers.

Best Forex trading tools to boost your earnings

ZuluTrade

ZuluTrade is a simple and versatile tool that grants you access to exclusive access trading services in just a few steps.

The best part is that it comes packed with Forex tools such as a currency converter, margin calculator, and profit/loss calculator to get your Forex transactions boosted in no time.

Free of charge for up to one month, you can use this flexible tool at any level and scale it to suit your specific needs from basic to advanced.

Let’s quickly look at its key features:

  • Forex tools including currency converter, pip value calculator, margin calculator, and profit/loss calculator
  • Automator feature to notify you when things happen or automatically execute actions based on predefined rules and settings
  • Copy-trading feature to get you started
  • Automatic fully managed portfolio rebalancing with immediate initialization
  • Risk-free for up to one month
  • Social Charts to share your comments, exchange views with other traders and explore trends visually
  • Calendar to schedule your important economic events
ZuluTrade

ZuluTrade

Everything you need for simple, and efficient Forex trading in a single app!
Free trial Visit website

eToro

Featuring a unique combo of easy-to-use, intuitive interface, and innovative trading features, eToro is the world’s leading social trading app with millions of users from over 140 countries.

This tool delivers 2000+ financial instruments such as stocks, crypto, and more suited for novices and experienced Forex and CFD traders alike, and ready-made copy portfolios, all while taking good care of your privacy.

Given their speculative nature (plus leverage), CFD instruments are labeled as high-risk investments. So are the unregulated cryptocurrencies.

Even in these volatile conditions, eToro is considered a safe, low-risk broker to trade Forex and CFDs.

Let’s quickly look at its key features:

  • Intuitive, user-friendly platforms adapted for all skill levels
  • Best-in-class security protocols and strong data protection
  •  $100,000 virtual portfolio to practice your strategy
  • CopyTrader technology for en easy start
  • Charts and advanced analysis tools
  • Seamless integration with the eToro wallet
eToro

eToro

Into Forex and CFDs trade? eToro is the safest choice among all the licensed brokers out there.
Free trial Visit website

TradingView

TradingView is a social/trader network where anyone is allowed to publish a trade idea. It is the ideal trading software for PC and accessible even on mobile phones.

This advanced financial visualization platform comes with over a hundred pre-built studies for in-depth market analysis, covering the most popular trading concepts and indicators.

This impressive data coverage guarantees your direct access to major indices, Forex, Bitcoin, and CFDs among other instruments allowing you to carefully plan your trading strategy.

Let’s quickly look at its key features:

  • Users are allowed to draw anything on any chart. TradingView pen allows you to draw freely any line or shape.
  • You can effectively split your screen into many synced up charts. It makes looking at the time frames much easier by enabling you to view multiple charts on the same screen.
  • Accountability by sharing or publishing your trade ideas.
TradingView

TradingView

Get a true taste of customization with tools that scale from simple to complex to perfectly fit your Forex trading needs.
Free trial Visit website

eSignal

This is a platform that provides you with everything you need, all in one place. eSignal’s award-winning trading products and services offer something for each and every trading levels.

This platform delivers real-time streaming stock, futures, Forex, options quotes, and analysis on the world’s stock markets that are delivered to PCs, laptops, and mobile devices as well.

Let’s quickly look at its key features:

  • You can analyze the markets much faster with a user-friendly interface.
  • The platform comes with customizable charts that allow you to create charts the way you prefer.
  • The backtesting and scanning tools allow you the gauge the effectiveness of your trading strategies before putting your money in the game.
  • The platform works at the highest possible speeds.
  • eSignal provides you market data from 100 global markets.
  • You can watch trends on the platform.
  • eSignal also allows you to set your strategy and execute your best trades.

Get eSignal here

MetaTrader 4

There are millions of traders worldwide who have already chosen MetaTrader to work in the financial markets anywhere and anytime.

MetaTrader 4 for PC is the most powerful and convenient tool targeted at technical analytics and trading in the market allowing you to implement all kinds of strategies on any level of complexity.

You will have more tools at your disposal such as Instant Execution, trading from a chart, stop orders and trailing stop, trading history, and a tick chart as well.

Let’s quickly look at its key features:

  • Provides a robust trading system with support for three execution modes and eight order types.
  • An unlimited number of charts and more than 50 analytical tools at your disposal.
  • Algorithmic trading, expert advisors, and more.
  • Access to the MetaTrader Market where you can purchase indicators and trading robots.
  • The trading signals will allow you to copy deals with other traders.
  • The news and alert are helpful to inform you about the essential market events.

Get MetaTrader 4 here


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ForexTrader Desktop

ForexTrader Desktop is one of the most advanced trading platforms out there, and it’s designed for active traders who are looking for increased speed, flexibility, and top performance.

Let’s quickly look at its key features:

  • Automate your trading strategies with access to 15 pre-defined automatic trading strategies for real-time buy and sell signals.
  • Customize your build using the Strategy Wizard included in the platform.
  • The advanced charting includes customizable technical indicators.
  • The drawing tools will help you spot patterns and identify trading signals.
  • Stay on top of all the markets with headlines from Reuters Newswires and market commentary.
  • You will get daily and weekly Forex research.

Note: The ForexTrader Desktop is only available to account holders, and that’s why you will be requested to create an account before beginning your trading journey with this platform.

Get ForexTrader Desktop here

Currenex

Currenex is a market-leading technology provider that offers high-performance technology to the FX community and also deep pools of liquidity for anonymous and disclosed trade execution.

Currenex gives clients a unique service that comes with tailored access to uncovered and also undisclosed cash on just a single screen.

This is a premium source for FX liquidity in the market. Currenex’s real-time market data offers the best deals and bids, the size and depth of the market for increased insight.

Active traders are able to access cash on Currenex via the prime broker model that is used by lots of top brokers from various banks and institutions with excellent reputations.

Let’s quickly look at its key features:

  • Corporates will get broad liquidity and competitive pricing across a vast range of instruments.
  • The anonymous streaming method provides anonymous access to a marketplace of thousands of participants and liquidity sources.
  • Currenex offers access to your complete trade history and audit trail.
  • You will get an analysis of trading patterns and counterplay activity analysis as well.
  • The technology used by Currenex allows you to implement selective permissions and approvals across more locations and business units.
  • Active traders can choose between more security preferences from more connectivity options and messaging protocols.

Get Currenex here


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ActTrader

ActTrader offers a full-featured workspace targeted at traders for a better executing of trades and managing their accounts.

This is a feature-rich desktop application that allows you to monitor the market and also engage in online trading.

An ActFX strategy analyzes one or more charts, and it will automatically open and close orders and positions as well.

It will display these on various charts. You can backtest a strategy on the historical data, and you can also send commands to the strategy even while it’s running.

Let’s quickly look at its key features:

  • Each of the windows will show info and will provide access to specific functions.
  • You have convenient controls via FXVoyager Toolbar.
  • You can create, test, and run automated trading strategies via ActFX.
  • The software allows you to view the streaming rates in the Dealing Rates window.
  • You will be able to view detailed info on the instruments in the Dealing Rates Table.
  • The software provides you an opportunity to make a smooth trade.
  • You will also be able to place a Market order straight from the Dealing Rated window.
  • Price alerts will let you know when the rate on an instrument reached the predefined level.

Get ActTrader here


These are our 8 recommendations for the best Forex software for PC. We also suggest that you keep in mind a few factors before deciding which one is the best for you and our needs.

The Forex broker should be regulated and should also offer either a selection of account types or any kind of customizability.

You should also check for the variety of currency pairs on offer, the availability of customer service,, and the quality of the trading platform as well.

All the 8 platforms we presented above are straightforward, and they all offer vast collections of technical and analytical tools to enhance the trading experience.

Let us know your favorite in the comments section below.

FAQ: Learn more about Forex trading software

  • What is the best software for forex trading?

When it comes to Forex, MetaTrader and eToro are top contenders. Check out a complete list of the best Forex software for PC users.

  • What software do professional traders use?

From brokers to pro traders and investors, there are the best software tools that dominate the trading market.

  • Can I get rich from forex trading?

In short, yes. However, Forex trading comes with a high risk of also losing money. We suggest you use a personal finance accounting software and of course, act with caution.

Editor’s Note: This post was originally published in November 2017 and has been since revamped and updated in July 2020 for freshness, accuracy, and comprehensiveness.

Editor's Note: This article was originally published in November 2017 and was revamped and updated in October 2020 for freshness, accuracy, and comprehensiveness.