It signs me out to at times, but it logs me in too. That happens, but it didn’t interfer me. There are sufficient reputable brokers, but where are you from?
TradingStation is also a nice one that I am familiar with, with regards retail systems.
You can use MT5, but the resource base is not as big as the MT4 one at the moment. And MT4 is not scheduled to be discontinued.
I gave up on CMC Markets a year ago. I liked them a lot, but their trading platform was just too much when trying to execute trades in a fast moving market. The beauty of MT4 is the simplicity, plus you can change brokers and not worry about learning another platform. Too bad CMC Markets never wised up.
There are not a lot of major differences between MT4 and TradeStation, functionally speaking. MT4 is more visually appealing and if you are one that likes to use or experiment with indicators then MT4 is definitely the platform to use. All in all it is a much more versatile platform than TS.
TS is great if you like to keep things simple. Basic indicators are available but unique/custom indicators are much more limited compared to MT4 (generally, only available from Codebase because TS uses lua for programming). Trading from the screen is a bit easier with TS. Moving stops and limits with the mouse is as simple as it gets. The learning curve is very small. Anything more complicated then TS starts to get a bit clunky.
I’ve used both and there just isn’t a great deal of difference between the two unless you like to use indicators. I don’t so I slightly favor TS. But if you like to monkey around with the latest, greatest indicators out there then MT4 wins, hands down.
Hi all
I had problem with mt4 wich it was a difference between margin level on my MT4 (iPhone app) and mt4 on my laptop, for 10 minutes every data were same except of balance, equity and also margin level.
Can anyone help me to understand what was the problem?
MT4 is out dated. It has been around since 2005 which in technology terms is ancient and it was created for market makers.
Multicharts is the best platform I believe for a professional trader, one day maybe I might get to that level:eek:
Not sure how much more user friendly a trading platform can be…
MultiCharts, Ami Broker, Ninja Trader, Trade Station all have a much higher learning curve. Especially if you want to take advantage of all of their features.
I found deal extreme (software made by GFT) to be very user friendly in comparison to MT4. Initially I got quite frustrated by MT4, but soon got the hang of it by trial and error and watching some tutorials on Youtube. IMO MT4 is the one to use due to the sheer number of people who use it. I’m actually starting to like it’s quirks. I like the process of installing indicators and EA’s. I’m sure there’s better software out there, but MT4 is like iOS, far more people use it…
[QUOTE=“huchonok;476815”]Did anyone hear that Metaquotes prohibited 3d party software developers to improve MT4? What are yours opinions on this?[/QUOTE]