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It quite hard to identify any disadvantages of this fabulous trading software, but to be objective we have to note that MT4 does not look like a modern trading application. #Metatrader 4 vs ctrader for android#With this platform you can plot charts over nine different time frames, implement lots of graphical objects and use around 50 in-built indicators for your technical analysis.įurther to the items listed above, MT4 also contains a few elements that add significant extra value: you are able to access the most recent market updates via trader's journal, receive important notifications from your broker and much more.Īlso, MT4 fully supports mobile trading with native applications for Android devices, iPhone and iPad. Rich functionality and wide scope of features is where MT4 excels too. With free and paid custom indicators and trading robots (known as Expert Advisors), traders can rely on automated trading. #Metatrader 4 vs ctrader software#But after over 10 years of customer feedback and constant updates this platform is just as slick as you can imagine.Īnother advantage of MetaTrader 4 is its enormous amount of available custom scripts for its software as it has the largest community of developers. It is hard to imagine a platform functioning flawlessly right from the start and, in its early days, MetaTrader 4 could be considered as having faults. MT4 is simply a platform you can count on anytime. MetaTrader 4 AdvantagesĪs we have already stated, the strongest side of this platform is its reliability. #Metatrader 4 vs ctrader install#It has also made the platform quite accessible as there is no need to install any software to start trading. With the web application for trading you can now fill Forex and CFD orders no matter what operating system your computer is running. Currently, this platform does not only come as a standalone platform for Windows, but recently MetaQuotes has released a web version of the platform. Moreover, the platform is updated regularly. This platform has been around for over a decade and with such a long history you can be sure about one thing at least - it is just rock solid when it comes to stability. ![]() MetaQuotes, a company founded in 2000 quickly became a market leader in providing technologies for the retail FX sector with its flagship platform MetaTrader 4, that is often abbreviated to MT4. Today we are going to take a look at two most common trading platforms and compare their pros and cons. Even though Forex is a comparatively new market for retail traders, it is one of the most technologically advanced. It goes without saying that the choice of the trading software is vital, as it will be one of the main factors that determines whether you are going to succeed or fail in the FX market. ![]()
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