If you’re asking how many forex trading platforms are there, the answer depends on whether you’re referring to trading software (platforms) or the brokers offering them. There are dozens of trading platforms globally, but only a handful dominate the market due to their popularity, features, and reliability.

Most Popular Forex Trading Platforms (Globally Recognised)

These are the core software platforms used by most traders:

1. MetaTrader 4 (MT4)

• Most widely used platform in forex
• Supports custom indicators and automated trading (EAs)
• Offered by hundreds of brokers

2. MetaTrader 5 (MT5)

• Advanced version of MT4
• Supports more asset classes and faster backtesting
• Gaining popularity across brokers

3. cTrader

• Known for its clean interface and advanced order types
• Popular among ECN brokers
• Excellent for scalping and manual trading

4. TradingView

• Web-based, great for charting and analysis
• Links with brokers like OANDA, FXCM, and Pepperstone
• Popular among technical analysts

5. NinjaTrader

• More common in futures, but some brokers offer forex
• Best for algorithmic and quantitative traders

6. Proprietary Broker Platforms

Many brokers build their own platforms:

• eToro – Known for copy trading
• IG Trading Platform – Advanced tools and real-time analysis
• SaxoTraderGO – High-end platform with multi-asset support
• ThinkTrader, AvaTradeGO, FXTM Trader, etc.

How Many Are There in Total?

• There are 30–50 active forex trading platforms globally, including:
  • Independent platforms (like MT4, TradingView)
  • Proprietary broker-specific platforms

However, over 90% of global forex trading volume is executed through MT4, MT5, and cTrader.

Conclusion

If you’re asking how many forex trading platforms are there, the total is around 30 to 50, but most traders use just 3 to 5 mainstream platforms. Your best choice depends on your broker, trading style, and need for tools or automation.

Want to learn how to master the world’s top trading platforms step-by-step? Join our Trading Courses at Traders MBA and get confident with MT4, MT5, TradingView, and more.