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Heather McLean

 

What retail traders want

The key features and functionality that retail traders are looking for from FX trading platform providers are, according to Interbank FX vice president of customer experience, Marilyn McDonald: broker integrity; execution; and spreads

 This is the trifecta of must haves, she claims, adding: “One without the others is ok, but the retail trader should look for a company that provides all three
 For instance, a broker can supply the lowest spreads
However, without good execution then spreads don’t really mean much
 Slippage could eat up more than the trader would have ‘paid’ to enter the trade with a broker that had slightly higher spreads
”