Webtrading Platform or Desktop Based?
A platform does not require you to download or maintain trade software on your computer as mandated by old-school PC-based trading systems.
There is no PC Software to possibly get a bug, hacked or crash and also use valuable disk space on your hard drive.
You can login to your webtrading platform from almost any computer which has internet access, making your trading either PC-based local or mobile, and flexible.
You are not as vulnerable to computer crashes if you have other ways to use a web-browser via any internet connection.
If you use an Apple/Mac, you don’t have to worry about purchasing a compatible PC to run your platform.
You can trade from your phone or ipad via a web browser if your platform doesn't already have a dedicated app.
Your PC provider's SSL certification may not be adequate to ensure safety of your computer transactions and financial data.
In this era of innovations trading software development uses the latest technologies such as AI, machine learning, blockchain, crypto and more. These technologies are much easier and faster to install and update via a Webtrading Platform vs a Desktop PC.
A good webtrading platform make it relatively simple to get the latest market quotes and place quick orders with only a few clicks and no need to download or install a program. Making it smoother for the trader is a platform which has an easy to recall and remember dot-com domain name.
A number of professional traders prefer desktop PC tools and programs, believing it more reliable, secure and efficient. However, that view is quite debatable and can be easily shown to be non-valid. The fact is Webtrading-based trading platforms have far more trader advantages and more advanced vs desktop-based trading.
Webtrading platform-based applications can be easily accessed at anytime and on any pc, mobile device, smart phone, laptop, ipad etc with an internet connection. That compares to desktop PCs which are of course tied to a physical location, meaning you cannot carry your computer to access webtrading platform applications.
The work of desktop solutions depends on a user’s machine computing power. So if it starts lagging or gets broken or a bug, it's a big problem for the trader. However, if it’s a webtrading-based solution, data processing happens on the cloud and the trading program can be accessed from any other computer or mobile device.
Desktop and PC based trading software require user interaction to keep it running with updated software however webtrading-based apps are updated automatically with latest versions.
Another important advantage is web-based applications are cost-effectively compatible with many platforms making it cross-platform and overall low-cost and fastest development option.
You won’t need high-cost powerful PC hardware or extra storage to deal with increased data workloads as web-servers can handle everything, or you can add new servers to the system.
Webtrading-based applications are developed mostly with low cost HTML5 and Javascript programming, making customizing and tweaking much easier to do, unlike desktop programs.
A formula for profitable trading success is a using a sound trading system which can also be customized and tweaked for ever-changing market conditions and a change of trend. It takes a lot of time to build and test the right model to also minimize risk of loss. It's a difficult if not an impossible task using desktop software but much easier via webtrading platform based systems to test and use trade strategies in a browser window by using webtrading-based trading platform solutions.
A webtrading platform can have all information stored and uploaded on the cloud making it easily accessible anytime and anywhere via a web-browser such as if you are on a business trip or vacation. You won’t need that bulky big hardware system with multiple screens. It's enough to have a smart phone, ipad, notepad or tablet. All the data processing will be on the cloud and uploaded via a platform.
Where can we find Webtrading Based Trading programs? Available from Webtrading.com and Webtrading.org who can provide the platform and services you and your clients need for trading on the-web. Webtrading is on a Mission to switch trading firms and brokerages, traders, trading groups and financial companies to the-web via Webtrading platforms for market analysis, technical analysis, system development and design, charting and order management to help both traders and brokers make money in stocks, options, crypto currencies, the stock market or futures markets.
