We found 11 online brokers that are appropriate for Trading Price Action Platforms.
Price action or price action trading rules is a popular approach and trading method many traders use in various financial markets, including stocks, the forex market, commodities, and more. Its methodology focuses on analysing and making trading decisions based on the price movements and patterns displayed on a price chart without relying heavily on traditional technical indicators. Instead, these traders believe that all the information needed to make informed trading decisions can be derived from studying the price itself.
Price Movements and Patterns:These traders closely observe the price movements on a chart, including the open, high, low, and close prices. They look for patterns and formations that can provide insights into market sentiment and potential future price direction. Standard practices include trend lines, support, resistance levels, chart patterns (such as head and shoulders, double tops, etc.), and candlestick patterns.
Candlestick Charts: They are widely used in price action trading. Each candlestick represents a specific period of swing trading, and displays the open, high, low, and closed prices. Traders analyse the candlesticks' shape, size, and position to identify patterns and signals. Candlestick patterns, such as doji, engulfing patterns, and hammers, can indicate potential reversals or continuations in price moves.
Market Structure: They pay attention to market structure, which refers to the highs and lows formed by price movements. By analysing the system, traders can identify trends, support, resistance, and critical price levels where the price is likely to react.
Support and Resistance: Support levels are price levels where buying interest is strong enough to halt or reverse a downward price movement. On the other hand, resistance levels are price levels where selling pressure is strong enough to prevent further upward trends. They analyse these levels to anticipate potential reversals or breakouts.
Trend Analysis: Trend analysis is a crucial component of price action trading. Traders identify the overall trend direction (upward, downward, or sideways) and trade in alignment with it. Trendlines, moving averages, and price structure help determine the direction and potential trend reversals.
Price Action Trading Setups: They look for specific setups or conditions on the chart that provide high-probability trading opportunities. These setups could include breakouts, pullbacks, trend continuation patterns, or price rejection at crucial levels. Traders enter trades based on these setups and manage risk through appropriate position sizing, stop-loss orders, and profit targets.
Risk Management: Risk management is paramount in price action trading. Traders carefully define risk-reward ratios, set appropriate stop-loss levels, and manage their trades accordingly. They aim to preserve capital and limit potential losses while maximising potential profits.
Emotional Discipline: They emphasise the importance of emotional discipline and following a sound strategy and plan. They aim to remain objective, avoid impulsive decisions, and stick to their predetermined rules and strategy.
Identifying successful traders in the financial markets can be subjective, as success and reputation in a financial market situation can vary based on different factors. However, several traders are widely recognised and respected for their expertise in price action trading strategies and techniques. Here are a few notable names:
Nial Fuller: Nial Fuller is a renowned price action trader and founder of Learn To Trade The Market. He specialises in forex and price action trading and has gained a significant following through his educational materials, courses, trade and live trading setups.
Al Brooks: Al Brooks is a prominent price action trader focusing on futures markets. He has authored several books on price action trading techniques and strategies, including 'Reading Price Charts Bar by Bar,' a comprehensive guide to understanding the price action trading strategy and its nuances.
Steve Nison: Steve Nison is regarded as the 'Father of Candlestick Charts.' He is an expert in Japanese candlestick charting techniques and has contributed significantly to popularising candlestick chart patterns in price action analysis.
Chris Capre: Chris Capre is a well-known price action trader specialising in forex trading. He is the founder of 2ndSkiesForex and has a strong reputation for his in-depth analysis of the forex market, price action trading, trading strategies, and his focus on forex trading psychology.
James16 Group: The James16 Group is a community of traders founded by a trader known as James16. The group emphasises price action trading techniques and strategies and offers educational resources, forums, and support for traders interested in learning and applying price action methods and strategies.
There isn't a single price action strategy, pattern or price action setup that can be considered the most popular among all markets and traders. The high and low range of popularity of specific price action strategies and practices can vary depending on factors such as the trading style, time frame, and individual preferences of market participants and traders.
Pin Bar: The pin bar is a candlestick pattern with a long tail or shadow and a small body. It often represents a rejection of higher or lower prices and can indicate potential reversals or continuations in the market.
Engulfing Pattern: An engulfing pattern occurs when a candlestick overlays the previoud candlestick pattern, showing a potential change in sentiment.
Inside Bar: An inside bar occurs when the range entry price of a candlestick is wholly contained within the scope entry price of the previous candlestick. It suggests a period of consolidation or indecision in the market and can precede significant price moves.
Double Top/Bottom: A double top or double bottom pattern occurs when the price reaches a resistance or support level twice before reversing. It can indicate potential trend reversals and is often used by traders to identify critical levels for entry or exit.
Head and Shoulders: Head and shoulds is a trading pattern noted for showing three peak indicators, with the middle peak (the head) being higher than the other two (the shoulders). Head and shoulds may signal a trend reversal.
Breakouts: Breakout patterns occur when the price breaches a significant level of support or resistance, indicating a potential shift in market dynamics. Traders often look for breakouts as potential trading opportunities.
They employ various strategies to analyse price movements and make trading decisions. These strategies include:
Trend Trading: Identifying and trading with the prevailing trend and market sentiment.
Breakout Trading: Identifying critical support or resistance levels and entering trades when the price breaks out, using signals like increased volatility or price patterns.
Reversal Trading: Anticipate trend reversals by looking for price action patterns like double tops or bottoms, trendline breaks, or exhaustion patterns.
Support and Resistance Trading: Identifying levels where the price has historically reacted and using them to make trading decisions, entering trades when the price bounces off support or breaks through resistance.
Candlestick Pattern Trading: Analysing candlestick patterns such as doji, engulfing patterns, hammers, or shooting stars to identify potential trade setups and make trading decisions.
Price Action Patterns: Analysing patterns within price market movements, like head and shoulders, triangles, rectangles, pennants, and flags, to anticipate potential price market movements.
Support and Resistance Flip Trading: Identifying support levels that become resistant after breaking, and vice versa, to find selling or buying opportunities.
Engulfing Candle Strategy: Looking for engulfing candle patterns where a candlestick completely engulfs the previous one and forms patterns indicating potential reversals from patterns.
Price Action with Moving Averages: Combining price action analysis with moving averages to use them as dynamic support and resistance levels or to identify trend direction.
These kinds of traders carefully the trading chart and analyse price breaks, support and resistance levels, and past performance to identify key price levels. They pay close attention to market movements and price returns to determine significant interest levels.
They watch candlestick patterns trending markets, such as doji, engulfing patterns, and pin bars. These patterns provide crucial insights into market sentiment and can warn of signs of potential reversals or continuations.
Risk management is paramount for top traders. They use technical analysis tools like moving averages to determine appropriate stop-loss levels. These levels are strategically placed to limit potential losses and protect trading capital.
They primarily rely on the price bars as action methods and avoid using technical indicators. However, in their analysis, some may use tools like trend lines and support/resistance levels to complement pure price action bars.
Successful price action traders understand the importance of adapting to evolving market dynamics. They continuously monitor the market and adjust their trading strategies to capitalise on new opportunities and moves.
They possess discipline, patience, and a strong mindset. They can control their emotions, adhere to basic rules in their trading plans, and make rational decisions even in volatile financial markets and conditions.
Price action traders greatly emphasise effective trade management and position sizing to maximise their trading success. They understand that proper risk management is crucial in preserving capital and ensuring long-term profitability. Furthermore, they carefully determine their position sizes based on risk tolerance and the specific trade setup.
They set precise stop-loss levels to limit potential losses and protect their trading capital. Additionally, they establish profit targets based on crucial price levels or predefined risk-reward ratios.
Throughout the trade, they closely monitor price action signals, adjust their stop-loss and target levels often, or take partial profits as the transaction progresses. They have a disciplined approach to trade management, ensuring that they adhere to their trading plan and make rational decisions based on evolving market conditions. They aim to achieve consistent profitability while managing their trades and position sizing while minimising potential risks.
They have achieved remarkable trading success by consistently applying high and low-range and price action strategies. Quick trade setups, accurate timing, and impressive returns often characterise their success stories. Here are some examples of past performance:
Nial Fuller:Nial Fuller is a renowned price action trader in the forex market. One of his notable trades involved correctly identifying a bullish pin bar reversal pattern on the EUR/USD daily chart. Following his price action strategy and trading rules, he entered a long position at the optimal entry price. The trade achieved its profit target, resulting in a significant return on investment.
Al Brooks: Al Brooks is a well-known price action trader, and the author has shared numerous success stories with many traders in his books and teachings. One notable trade example is when he identified a strong breakout pattern on a daily chart of a central currency pair. He entered a trade with a tight stop loss and rode the price momentum as its highest price continued in the direction of the breakout, ultimately reaching his profit target.
Steve Nison: Steve Nison, a pioneer in candlestick charting, has demonstrated the power of price action through his successful trades. In one instance, he spotted a bullish engulfing pattern on a weekly stock chart. Recognising the potential for a trend reversal, he entered a long position at the appropriate level of the trading chart. He held it as the stock price steadily climbed, resulting in substantial profits for successful traders.
Chris Capre: Chris Capre is another respected price action trader who has shared his success stories. In one trade, he identified a robust price action setup on a daily chart of a commodity futures contract. The design provided clear signals for a trend continuation trade, allowing him to enter a short position at an optimal level. The exchange unfolded as expected, reaching its profit target and generating a significant return.
Their ability to analyse the price action signals, identify high-probability setups, and execute trades based on their strategies have consistently yielded profitable results for many successful traders. It is important to note that the past performance of successful traders does not indicate future results, and aspiring traders should learn from these success stories to develop their trading skills and strategies.
Top traders enter trades based on specific price action setups, such as breakouts or pullbacks. They closely monitor price charts and execute trades when the conditions align with their trading strategy and rules. Predefined profit targets determine exits or when the price momentum moves in the opposite direction.
Market structure plays a significant role in the trading strategies of top traders. They carefully analyse the design of the market, including the highs and lows, to identify trends, support and resistance levels, and potential breakout opportunities. Understanding the market structure allows them to make informed trading decisions and anticipate likely price movements.
They are adept at handling market volatility. They understand that volatility in the financial market can present both opportunities and risks. During high volatility periods in financial markets, they may adjust their position sizing or tighten their stop-loss levels to account for increased price fluctuations.
While they primarily rely on price action, they may incorporate other technical analysis tools as additional confirmation. For example, they might use moving averages to identify the overall trend direction or oscillators to gauge overbought or oversold conditions.
Top traders avoid overtrading, chasing trades, short positions, and ignoring risk management principles. They stress the need for professional traders to stick to a full trading strategy or plan, remain disciplined, and not let emotions dictate their trading decisions.
They cautiously approach news events and fundamental analysis, adapting their strategies accordingly. While focusing primarily on price action, they acknowledge the potential impact of news releases on market volatility. Traders stay informed about upcoming events, noting their expected impact. Before news releases, they may adjust positions to mitigate risk. Instead of relying solely on fundamentals, they observe the market's immediate reaction, analysing candlestick patterns and critical levels.
Confirmation through price action signals is sought, validating trade entries or exits based on technical factors. Traders assess market sentiment following news events, adjusting their bias accordingly. Effective risk management, including more expansive stop-loss levels or reduced position sizes, helps protect capital during volatile periods. While news events are considered, price action signals and technical analysis remain the primary factors driving trading decisions.
Several resources can help individuals delve deeper into price action trading strategies. Some recommended books, pure to price action trading strategy, include 'Naked Forex' by Alex Nekritin and Walter Peters, 'Reading Price Charts Bar by Bar' by Al Brooks, and 'The Price Action Bible' by Galen Woods.
These traders understand that skills require continuous development and refinement. They extensively practice, analyse their trades, see future results, and learn from successes and failures. They may also participate in trading communities and other trading platforms, attend seminars, or seek mentorship from experienced traders to enhance their skills.
They offer valuable advice to aspiring traders. They emphasise the importance of patience, discipline, and consistency in following a trading plan. They encourage traders to have trading platforms focus solely on learning price action and developing a deep understanding of market dynamics. They also emphasise the need to manage risk effectively and only risk what they can afford to lose.
Top price action traders have mastered analysing price movements to make informed decisions about market moves. They have achieved long positions and remarkable success through their disciplined approach to swing trading, continuous learning, and adaptability to market conditions. By understanding their strategies and adopting their mindset, aspiring traders can embark on their journey toward success.
We have conducted extensive research and analysis on over multiple data points on top price action traders to present you with a comprehensive guide that can help you find the most suitable top price action traders. Below we shortlist what we think are the best Price Action Trading Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching top price action traders.
Selecting a reliable and reputable online Price Action Trading 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 Price Action Trading Platforms more confidently.
Selecting the right online Price Action Trading 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 Price Action Trading Platforms trading, it's essential to compare the different options available to you. Our Price Action Trading 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 Price Action Trading Platforms broker that best suits your needs and preferences for Price Action Trading Platforms. Our Price Action Trading Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Price Action Trading Platforms.
Compare Price Action Trading Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Price Action Trading Platforms broker, it's crucial to compare several factors to choose the right one for your Price Action Trading Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Price Action Trading Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Price Action Trading Platforms that accept Price Action Trading Platforms clients.
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IC Markets
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Roboforex
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eToro
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. 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) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | 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) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 61% of retail investor accounts lose money when trading CFDs with this provider. | 69% - 80% 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. 74.12% 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 | Your capital is at risk | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro 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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, | 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, 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 | US, CA, IR |
You can compare Price Action Trading 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 Price Action Trading Platforms for 2025 article further below. You can see it now by clicking here
We have listed top Price Action Trading Platforms below.
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