Trader's web terminal.

Often in the list of offered trading platforms you can find a Web terminal, what is it needed for and what functionality does it have, if it makes sense to use such a trading option.

Web terminal is a trader’s terminal located on the brokerage company’s website, that is, to trade, you just need to open an account and go through authorization; you don’t need to download or install anything on your computer.

To log in, you need an already opened trader account and data to access it; usually a link to the Web terminal is available in your personal account.

Why is such a terminal needed?

First of all, to control open transactions in places where your own computer is not available, for example, at work or on vacation.

For example, you work in an office, and not everyone will approve of installing third-party software on their work computer, especially if it is related to stock trading.

And if you have a Web terminal, you just need to go to a specific address on the Internet. What can you do on the online platform?

Almost everything - open and close transactions, conduct technical analysis , monitor already open positions, trade in one click.

There are several dozen indicators available for technical analysis; you can also use ready-made templates; there are not many of them, but they are present.

There is also the opportunity to trade both real and on demo and cent accounts .

What disadvantages does the Web terminal have?

First of all, there is no automatic trading, that is, you cannot install an advisor in it, and there is also no ability to install other third-party scripts.

The trader is encouraged to use existing instruments for trading. This is perhaps the only drawback that catches your eye.

You can use the online terminal on the websites of brokers such as RoboForex , InstaForex , EXNESS Limited .