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modern and easy to use advanced order options. -requires faster computer and internet Recommended broker for each trading platform XM. COM click to get the BONUS offer Pepperstone. com Date of first release 2005 2011 Supported Operating systems Windows, Apple iOS Windows Pricing FREE OF CHARGE FREE OF CHARGE Recommendable platform for VPS Virtual Private Server YES NO Recommendable platform for SCALPING. NO YES Recommendable platform for EA Expert Advisor YES huge community.
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MetaTrader MT4 is certainly one of the most popular online forex trading platforms. The platform also enables backtesting trading strategies on historical data. MetaTrader is a platform that is being offered by almost 90 of all forex brokers for its clients. However, it is good to say that it does not have to be the best trading platform for everyone, and so someone else can use trading software such as CopyTrader from Etoro or SaxoTrader or even Sirix. quick access to historical and online currency pair data fast online trading different trading order tips various graphing options and displays different Time Frames back-testing on historical data support for many world languages a huge number of indicators and tools for technical analysis creating or importing custom systems, alarms, indicators, codes, and scripts Expert Advisor EA using the MQL4 programming language.
Image credit Spotware. cTrader is a transaction platform by Spotware Systems, intended for brokers operating in the STP and ECN model. cTrader is gradually gaining popularity and offers things that you will not find in the standard elsewhere. cTrader features. large number of time intervals Tiki and point charts Automatic addition of TP and SL to the open position Trade with one click and quick set up of pending orders on the chart Doubling or reversing the position with one click Ability to define the Break Even level Support for custom indicators and automatic strategies Possibility to copy items from and to MT4 Storing platform settings on the server Ability to choose your own time zone MQL-cAlgo converter cMirror a service for copying transactions of other investors.
MT4 vs cTrader. The fact is that cTrader is still relatively new forex trading platformand therefore there are not many traders who use it. So in our opinion, if you are used to work with Metatrader and you re happy with it then stick to it, don t quit to a possibly worse broker just because they offer cTrader. Due to low demand from traders, not many brokers offer it at the moment.
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IQ Option s home page presents a cool looking 3D chart with candles and quotes. There are no nonsense advertisements, just the ones that differentiate IQ Option from the rest. Like for example, 92 payouts. Apart from the most notable feature the home page is simplistic but well-designed. The broker claims to be the first to offer absolutely free demo accounts, and while this is difficult to verify, the demo account is available after a quick registration and for an unlimited time. So, what exactly is so innovative and smooth about the platform.
As soon as you get access to it you can see that the platform looks like a real dedicated trading platform and not just one that has widgets attached to your browser. It is so absorbing, that you may forget that you are using a browser altogether. It actually looks like a trading platform that was designed by a trader. It is very intuitive and easy to use as well. The chart itself can be a line chart or a candlestick chart, which is another very useful trading feature. But it is at this point that we have to mention that the chart is somewhat short on time, if you will.
The maximum time frame is one minute and you can go back no more than 30 minutes. The asset list is not the longest, but it will be sufficient enough for traders who don t rely on the exotic FX majors and some crosses. The only commodity is gold, several of the leading world indices and a larger number of stocks. Total asset number is currently 64. These assets can be traded in what is basically one option type that is divided into two digital and turbo.
Digital are standard digital options that will expire every 15 minutes or at the end of the day. Turbo options, unlike what other brokers offer, are like mini digital options that expire every minute. For example, you can trade a turbo option that will expire at 12 31,12 32 or 12 33. In the case of IQ Options, the chart performance matches option availability and this is shorter term trading. Depending on your deposit amount, there are two account types available that can offer up to 60 return in case of wrong prediction.
An entire educational section filled with training videos is also available. Their innovative trading platform is definitely a taste of things to come. While it is IQ Option s strongest side, the broker needs to expand what they offer in terms of assets and option types. If it does, it has the potential of becoming one of the biggest names on the market. Payouts can be as high as 92 and sometimes higher, but it will depend on market conditions.
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