Web-based trading platforms can encompass many different things, ranging from simple and beginner-friendly trading platforms to web-based versions of classic trading platforms like the MetaTrader 4 & 5. Recent years has also seen an increase in the number of more advanced web-based trading platforms, and some of these platforms are now becoming just as powerful as the traditional downloadable desktop platforms.
Just like all other types of brokers, low spread forex brokers have embraced the trend of offering their clients modern web platforms. These platforms are also often cost-efficient for the broker, and can therefore help keep the broker’s overhead costs low. As always, low operating costs for the broker could also translate into lower spreads and commissions for traders.