Metatrader 4 The world’s most popular trading software, is first and foremost supported by the majority of brokers, unlike other platforms that are only supported by a small portion of brokers, leaving clients with little options to move.
The sheer size also makes it very easy to find communities to aid you with things like the building of EA’s.
To top it all, it has the best market indicators, easiest charting area, and provides hedging and multi-hedging options not existing on MT5 and other platforms (View comparison).
Sirix Leverate has done a good job at making a very user friendly platform with inbuilt social trading and news functionality. The platform is super easy to use and will certainly appeal to newer traders, however the platform doesn’t boast some of the advanced functionality found on other trading platforms. The mobile and tablet platforms are pretty impressive with HTML 5.0 making the platform compatible with a huge range of devices.
Protrader The ProTrader platform is a very impressive effort which I can see many traders appreciating. The developers of the platform have really thought about how to design a comprehensive platform which appeals to serious traders. The only thing which appears to be holding ProTrader back from becoming a major contender is the lack of brokerages which currently support the platform, until a wider range of brokerages begin offering the platform to their clients.
Ninjatrader Despite some of the impressive features of the platform, only a limited number of brokerages offer the platform to their traders and often only to those who meet certain predefined requirements. Additionally, while the platform provides support for automated trading the size of the NinjaScript community is relatively small meaning there are less readily available trading scripts for those who do not want to write their own.
eToro Webtrader eToro is best known for social/copy trading, however those interested in trading manually can do so using either eToro’s mobile or web-trading platform. Those who engage in manual trading at eToro can earn significant commissions if they manage to pick up eligible real money copiers.
The MetaTrader 4 & 5 platforms from Russian software company MetaQuotes have come to dominate the retail Forex landscape, with the vast majority of retail FX brokerages offering the platform to their customers. Despite this the MetaTrader platforms have come under an increasing amount of compe...
MetaTrader is the leading retail Forex trading platform with its MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms dominating the retail-user market with over 50% market share. The vast majority of FX brokers continue to offer either MT4 or MT5 or both. If...
While the NinjaTrader platform is not as well known as other trading platforms, it has a strong and loyal following who value some of the advanced functionality that the NinjaTrader platform has to offer. Unfortunately, not many Forex brokerages offer the platform to their clients however it is possible to download the pl...
When placing an order in MetaTrader 4 you may have noticed the software states the execution type. The MetaTrader 4 platform supports both Instant and Market execution, but you will find that many brokerages will only offer one type of execution. What execution type the brokerage offers is dependent on what business model the brokerage is using.Market Execution
The Sirix Trader platform from Leverate is widely available as a browser based platform, but versions of the platform exist for both mobile and tablet devices. The Sirix platform has begun to gain some traction among retail Forex brokerages with a number of big name brokerages offering the platform to their customers. The platform comes from reputable technology and turnkey solution provider Leverate and is likely to be around for some time to come.
Since the launch of the MetaTrader 4 in 2005, MT4 has become the platform of choice among many retail traders. Not everyone is a big fan of the MetaTrader 4 & 5 platforms, and for those who don’t find the platform to their taste there are now a number of serious alternatives. We take a look at some of the other Forex trading platforms that are making a name for themselves.Spotware’s cTrader