Trader Faculty
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Trader Faculty

A structured trading curriculum across stocks,
forex, crypto, futures and commodities.

Trader Faculty is an education publisher. We do not hold client funds, execute trades, or act as a broker.

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Courses

  • 01What is Trading?
  • 02Trading 101
  • 03Risk & Money Management
  • 04Setting Up Your Trading Setup
  • 05TA Masterclass
  • 06Fundamental Analysis for Traders
  • 07Trader Mindset
  • 08Build Your Trading System

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  • Trading Foundations
  • Technical Analysis
  • Risk Management
  • Mindset & Psychology
  • Strategies & Systems
  • Tools & Platforms
  • Fundamental Analysis

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Home>Courses>Setting Up Your Trading Setup>Lesson 1 of 8

Choosing a trading platform

The software you trade on shapes every order. Pick one that fits how you trade.

Setting Up Your Trading Setup·Lesson 1 of 8

All lessons

By the end of this lesson you'll be able to:

  • 01Explain what a trading platform does
  • 02Compare web, desktop, and mobile platforms
  • 03Match a platform to your trading style
1

Step 1 · Read the guide

Read the guide first

Everything the quiz asks is covered in the linked guide. Read it, then answer the questions below.

What Is a Trading Platform? A Beginner’s Infrastructure Guide
Key terms
Trading PlatformBrokerMetaTrader

Step 2 · Take the quiz

Quick check

10 questions

Answer all 10, then check. Wrong answers show a hint and a link back to the guide.

  1. Question 01

    What is a trading platform?

  2. Question 02

    Where does a trading platform ultimately send your orders?

  3. Question 03

    Which type of platform usually offers the most features?

  4. Question 04

    What are mobile trading apps best suited for?

  5. Question 05

    You analyze on a big screen at home but check positions while out. What do you likely want?

  6. Question 06

    What does a scalper need from a platform above all?

  7. Question 07

    Which platform qualities matter most?

  8. Question 08

    Why is choosing a platform mainly on its looks risky?

  9. Question 09

    Your platform freezes during a fast move and you cannot exit. What does this show the importance of?

  10. Question 10

    How should you choose a trading platform?

Answered 0 of 10 · pass 70% (7/10) to complete

Setting Up Your Trading Setup1 of 8
  1. →Choosing a trading platform
  2. How to choose a broker
  3. Broker types: ECN and more
  4. Getting started with MetaTrader
  5. Using TradingView
  6. Practice with a demo account
  7. Platform order types (OCO, FOK)
  8. Opening a trading account
  9. ⚑Final Assessment· 20 Q