The answer to this question starts with your broker. First, I highly recommend that you only open an account with a registered broker. Having said that, most Forex brokers provide, “free of charge”, an online trading platform that is integral with decent charting software. So that you have your charting software, your data feed and your trading platform (the ability to place trades online) all in one.

I believe you can consider the data reliable and the order execution proper as long as you are dealing with a registered broker. However, some trading platforms and charting software are more intuitive and easier to use than others, so in selecting a broker, you want to open a demo account first and get the feel for that broker’s platform to see if it is comfortable for you. You will be able to determine this with a little paper trading over a few days and weeks.

Also, you want to be sure that your brokers charting software is able to plot the indicators that your trading methods call for. Most will be able to do this, but not all.

In addition, some traders prefer to also use additional upscale charting software independent from the dealer, such as offered by Metastock. Metastock and others offer additional charting capability as well as trade alert capability that some traders find useful. Despite the word “stock” in its name, Metastock can handle Forex quite well.