[estimated time 30-60 seconds]
MetaTrader 4 or MT4 (and metatrader 5 or mt5) is an advanced software that allows you to do online trading by providing a brokerage service to customers in the Forex, CFD, Cryptos and Futures markets.
MetaTrader 4 is the most used software platform for online trading, a market standard used by hundreds of brokers all over the world.
The MT4 platform offers advanced technology and increased security,
the trader can open and close trading without having to worry about
the stability of the platform used. Over fifty technical indicators
are included in the platform.
MT4 offers the user nine different time settings (timeframes) and three
different times for each chart, in this way a trader has the ability
to monitor the market with precision, allowing the entry and exit from
the market with precise timing.
User experience
User-friendly interface, which allows new and experienced traders to
trade in the forex market with ease.
Charts
In addition to the MT4’s advanced and easy-to-use trading capabilities,
the platform also offers advanced charting capabilities.
Expert Advisors, EA, or Trading Robots
This is a very popular and important feature in MT4. Expert consultants
allow traders to automate their operations with a custom EA that best
fits their needs. There are also numerous EAs on sale that can automatically
execute investments in the market.
Multilanguage
Users from all over the world can benefit from the MT4 platform in their
own language
User Profiles
Users can view account information from the mt4 interface. You can organize
windows and graphs for each profile easily and quickly switch between
profiles.
Security
When you need to make investments and use sensitive and private data,
you are guaranteed to be in no danger of hacking attacks. MT4 is an
extremely secure platform that encrypts data between traders and servers
with a 129-bit key.
Flexibility
MT4 platform was designed to support all currency pairs and to also
trade other markets such as commodities, futures, stocks and shares.
Customization
MT4 platform supports full customization capabilities, so that the trader
can customize the platform to meet their trading needs. This includes
the ability to develop its expert consultants and technical indicators
Low use of resources
Unlike other platforms, the MT4 platform uses few system resources.
Communication with the broker
MT4 platform also incorporates advanced communication tools for brokers
to send messages and communicate with their traders in real time.
[estimated time 30-60 seconds]
cTrader is a leading multiasset Forex and CFD trading platform, offering rich charting tools, advanced order types and fast entry and execution.
With an amazing user interface, it's connected to a sophisticated
backend technology and is available on multiple devices.
Important cTrader features:
- Free to download
- Fast and responsive for all trading features
- Available for Desktop, Mobile, Tablet (PC, Apple,
Android)
- Advanced charting functionality and clean user interface
- Ease of use both for beginner and advanced traders
- In-app news and event updates
- ctrader is available in 14 different languages
- Includes an automation service, cTrader Automate
formerly known as cAlgo
- cTrader uses an open API to Build bots & apps
cTrader is developed by cTrader Limited, the platform has been custom designed for use with ECN brokers so cTrader has became the platform of choice for several other leading ECN brokers.
cTrader is an excellent platform for traders that are serious about investing in the Forex markets.
cTrader always ensures the best trading conditions than any other market maker models, which enables traders to trade the markets without any outside interference.
Ctrader offers the service cTrader Copy, a copy trading service, filled with risk management tools and detailed strategy profiles, which providers can use to showcase their products. A solution, tailored for commitment-free investing.
Is cTrader better than MT4?
Both trading platforms certainly have their own strengths. MT4 is popular for its simplicity, flexibility, inbuilt tools and Expert Advisors.
However, the strength of cTrader lies in its excellent user interface, sophisticated functionalities like market depth and multiple indicators and timeframes it offers.