We found 11 online brokers that are appropriate for Trading Forex Candlestick Investment Platforms.
For a trader, the most important information present on the charts is candlesticks. It doesn't matter if you are trading stocks, index, or forex. All charts come with candlesticks as the default. Unlike bar or Renko charts, candlestick charts are very straightforward and easier to read.
Each candlestick depends on the selected timeframe. If the selected timeframe is 1 hour, then a candlestick will finish after one hour. Then a next candlestick will appear for the next hour and so on. Each candlestick tells the open, close, high, and low price of an underlying asset. Besides the basic information, many trading signals can be extracted from the mere shape of a candlestick.
Knowing candlesticks is very important for any type of trader. There are traders out there who only trade based on the price action of candlesticks. This shows the power of candlesticks over other types of charts. A major benefit of understanding this type of chart is that it is present in all financial markets. To say that candlesticks are the fundamental base of technical trading would not be wrong.
A candle can be divided into three different parts:
The area between the open and close price is called the body of the candle. In comparison, the wicks represent the high and low of each candlestick. The wick on the upper part represents the high. In contrast, the wick on the lower part represents the low.
If our chart is based on the daily timeframe, it means each candle will represent the price action of a single trading day. Depending on the chart settings, a bullish candle will appear as green, while a bearish candle will appear as red. On rare trading days, the open and close prices may stay the same. In this condition, the candle will not have a body or a specific color.
Each candlestick can provide the following information on a daily timeframe:
The bullish candle will have a different color than the bearish candle. The most commonly used colors are blue and green.
In a bullish candle, the open price is at the bottom side of the candle body. The top side of the candle body shows the close price. As for the wicks, they are the same in both bullish and bearish candles.
A bearish candle may have red or a user-specified color. For simplicity and easy chart reading, it is recommended to change the color of the bearish candle to red.
In this candle, the open price is at the upper side of the candle body. The close price is a the bottom side of the candle body. As usual, wicks are the same for both candle types (bullish & bearish).
A major advantage of using a candlestick chart is that it is more visually appealing. The candles also provide additional information such as the open, high, low, and close (OHLC) price. On the bar charts, it can be hard to see the open and close prices. Another type is called 'line chart,' which only shows the closing price.
So among all other types, using a candlestick chart have more benefits than other types. Some of the advantages of using this unique chart style are:
Many experts have discovered a range of candlestick patterns that show different market conditions. Depending on the quality of each pattern, a trader can actually trade an asset based on the candlestick patterns. Some of the most important signals are:
This is 1 candle pattern and is considered a bearish signal. The hanging man candle can be identified based on this information:
Candle type= bearish, Upper wick= short, lower wick= long, candle body= small
This type of candle shows increased selling pressure and may signify a change of trend.
This is a reversal candle pattern that consists of 3 candles. This pattern can be seen during a downtrend. The 3 white soldiers pattern can be identified by 3 consecutive bullish candles, with each candle close exceeding the previous candle's high.
This pattern signifies a potential bullish reversal and is considered a strong signal. The accuracy of this signal will be higher on timeframes such as monthly, weekly, and daily. A signal seen on shorter timeframes may mean nothing.
This pattern is the exact opposite of three white soldiers. The 3 black crows pattern consists of 3 consecutive bearish candles, with each candle close exceeding the previous candle's low.
This is a signal of bearish reversal.
We have conducted extensive research and analysis on over multiple data points on Forex Candlesticks to present you with a comprehensive guide that can help you find the most suitable Forex Candlesticks. Below we shortlist what we think are the best Forex Candlestick Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Forex Candlesticks.
Selecting a reliable and reputable online Forex Candlestick Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Forex Candlestick Investment Platforms more confidently.
Selecting the right online Forex Candlestick Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Forex Candlestick Investment Platforms trading, it's essential to compare the different options available to you. Our Forex Candlestick Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Forex Candlestick Investment Platforms broker that best suits your needs and preferences for Forex Candlestick Investment Platforms. Our Forex Candlestick Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Forex Candlestick Investment Platforms.
Compare Forex Candlestick Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Forex Candlestick Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Forex Candlestick Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Forex Candlestick Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Forex Candlestick Investment Platforms that accept Forex Candlestick Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | NordFX | EasyMarkets | SpreadEx |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 1 | 100 | 1 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ | 142,500+ | 10,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
NordFX Demo |
easyMarkets Demo |
SpreadEx Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, CA, EU, RU, SY, KP, CU | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR |
You can compare Forex Candlestick Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Forex Candlestick Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Forex Candlestick Investment Platforms below.
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Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
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