Downloadable trading platforms are more or less applications (or software) that can only be accessed on the specific device they were downloaded and installed on (this could be a mobile device or a computer).

The first basis on which forex trading platforms are classified is whether they can be downloaded on not. Downloadable vs Non-downloadable trading platforms There are several types of online FOREX trading platforms on which you can open an account, so here’s a quick breakdown of the different types of platform and how they differ. So where do you set up an account? That’s not the first question you should be asking you should more so be asking what type of trading account best suits how you want to trade and what’s available (before choosing a provider to set up your FOREX account with). However, if you decide you want to start trading FOREX, one of the first things you’ll need to do to access the currency markets is to open a personal trading account (this might be a live or practice account, depending on how you’d prefer to start).