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Can you use other platforms besides metatrader 4 when dealing with Axitrader?
Dec 23, 2013 at 20:49
Vistas 1,175
5 Replies
Dec 23, 2013 at 20:49
Hi, just wondering if anyone knows if brokers are flexible with which platform you use or if you have to stick to the one they promote on their website? Just looking at Spotwares ctrader and would like to give it a go, but not sure if I then have to use a different broker? As well, does it matter which country you're from as to which platforms you can use? Sorry for all the newbie questions. Am loving this site too I might add! Some great info (both promotional and cautionary) around.
Allow yourself to be a beginner, no-one starts off an expert.
Miembro desde Nov 23, 2013
posts 23
Dec 23, 2013 at 21:10
Best bet would be to ask the broker :)
If you don't have time to trade, let us do it for you!
Miembro desde Jun 03, 2010
posts 675
Dec 26, 2013 at 12:44
Metatraders is so blessed for brokers, because same company offers little , tricky plug-in for Metatrader : check this video // this is secret that broker won't tell You.
PAMM MANAGER // Professional Fund Manager
Dec 27, 2013 at 12:23
So which platform are you using Adrian? Thanks very much for your help. I really appreciate everyone speaking up with what they know so we can all make the best decision. I just want to trade legally with a platform that also performs legally.
Allow yourself to be a beginner, no-one starts off an expert.
Miembro desde May 21, 2011
posts 45
Jan 19, 2014 at 08:47
Jodie, Adrian, for Axitrader, you would most likely be using MT4 unless you have a deposit of 25k and above. Then you can opt to trade with PowerTrader.
Part of the reason why they don't offer powertrader to smaller accounts is because most of the use features like VWAP pricing only comes into play when you have a large account.
For example, you might want to buy 50 lots EURUSD at 1.30001, but there is only 30 lots available. In this case, VWAP feature will show you the best price for the amount of volume you want to buy. i.e. 1.30002
Part of the reason why they don't offer powertrader to smaller accounts is because most of the use features like VWAP pricing only comes into play when you have a large account.
For example, you might want to buy 50 lots EURUSD at 1.30001, but there is only 30 lots available. In this case, VWAP feature will show you the best price for the amount of volume you want to buy. i.e. 1.30002
Armada Markets 5% discount, Axitrader $1.50 discount, IC markets $1.50 disc, LMAX 12% discount, Price Markets 5% disc, FinFX (accepts US traders) $0.7 ECN disc, Global Prime $1.50 discount, SynergyFX $3.50 discount, Blackwell Global $6 rebates - Abundance Trading
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