Trading rooms in their original form are rooms where traders gather to buy and sell instruments (for example, stocks, commodities, Forex) on the financial markets. Today, thanks to advancements in technology, online trading rooms have been created not only to connect traders remotely, but also as a platform for trading education, including signals services and trader mentoring. Online trading rooms usually include online chat capabilities for sharing market news, trader tips and more with fellow traders.
In the following table, we have reviewed and compared some of the top online trading rooms offering services to the UK. The comparison was based on a number of factors, such as the trading room provider’s trading specialty, education and additional resources offered. For your convenience we also share the membership packages and their prices that these services offer.
Both novice and experienced traders can benefit from joining a trading room. Participants have the opportunity to watch, listen to and learn from professional traders- how they set up a trade, the psychology and decision making that goes on behind every move and so on. New traders can learn new strategies and put them into practice under the guidance of those in the know, whilst experienced traders can use the trading rooms to fine tune and advance their trading skills with the help of the professionals who trade on a daily basis. Finally, another added benefit of joining a trading room is the support you will receive from your peers. The opportunity to ask questions on the go, to hear from real people and to sometimes even have a laugh, can aid and support your trading activity in great ways.
Want to learn more about the UK’s top spread betting brokers? Check out our full comparison!