Best Platform

Professional4X posted:

millerwe posted:
i use MT4. never faced any problem and works fine with me.

MT4 is still available through brokers that currently still offer it.

However, it is no longer available as a public download from Metaquotes.

MT4 is being phased out and the main focus for development and distribution is MT5.

I would say majority of brokers still offers mt4 as main platform.

I just can't see mt4 being phased out. The uptake of mt5 is so small. All the robots and indiators are based on mt4. So few traders have made the transition to mt5 from mt4

Gasley posted:
I just can't see mt4 being phased out. The uptake of mt5 is so small. All the robots and indiators are based on mt4. So few traders have made the transition to mt5 from mt4

It doesn't matter if you can see it or not. MT4 IS being discontinued.

Metaquotes has said on numerous occasions that they are discontinuing MT4.

you said -->'All the robots and indiators are based on mt4'

There are thousands of available robots and indicators available for MT5 as well.
MT4 uses MQL4 for the programming language.
MT5 uses MQL5 for the programming language.

MQL5 also supports the use of some (Not all) MQL4 code.

Metaquotes only provides service and security updates to brokers with current MT4 server licenses and support agreements.

They are not issuing any additional future licenses. There is no new work being done on MT4 by Metaquotes.

Mohammadi posted:
According to my trading experience I think the best trading platform is a platform which does not restrict at any kinds of trading techniques with scalping and hedging. Basically scalping don’t allow by and large regulated trading broker in their trading platforms.

MT4 is definitely the most popular and the best Forex trading platform. It is software which helps traders to analyze the financial markets & use EAs. Moreover, the mobile trading is also valid.

Trading signals & the vast market are also the important part of MT4 as it enhances the Forex trading experience of every trader.

For me, it includes all the topnotch things required by a Forex trader and it is quite economical. Million of traders have wide range of platforms to choose from. However, MT4 plays an impetus platform because it offers ample of opportunities to trade for every skill set. The flexible trading system & advanced technical analysis & EA strategies help the traders to examine & achieve better results.

But choosing a broker is very difficult task nowadays; because there are almost thousands online broker in retail market place and most of them are found to be scams. We can choose the broker which for all time makes sure security of funds at any kinds of investments with a wide range of trading technologies. Actually the credible trading broker does not restrict any kinds of trading techniques at all with scalping and hedging.

crabby12 posted:

Mohammadi posted:
According to my trading experience I think the best trading platform is a platform which does not restrict at any kinds of trading techniques with scalping and hedging. Basically scalping don’t allow by and large regulated trading broker in their trading platforms.

MT4 is definitely the most popular and the best Forex trading platform. It is software which helps traders to analyze the financial markets & use EAs. Moreover, the mobile trading is also valid.

Trading signals & the vast market are also the important part of MT4 as it enhances the Forex trading experience of every trader.

For me, it includes all the topnotch things required by a Forex trader and it is quite economical. Million of traders have wide range of platforms to choose from. However, MT4 plays an impetus platform because it offers ample of opportunities to trade for every skill set. The flexible trading system & advanced technical analysis & EA strategies help the traders to examine & achieve better results.

Well MT4 is no way the best.
It is however simple and free (for the trader)
There are much better platforms, some of those also free

togr posted:

crabby12 posted:

Mohammadi posted:
According to my trading experience I think the best trading platform is a platform which does not restrict at any kinds of trading techniques with scalping and hedging. Basically scalping don’t allow by and large regulated trading broker in their trading platforms.

MT4 is definitely the most popular and the best Forex trading platform. It is software which helps traders to analyze the financial markets & use EAs. Moreover, the mobile trading is also valid.

Trading signals & the vast market are also the important part of MT4 as it enhances the Forex trading experience of every trader.

For me, it includes all the topnotch things required by a Forex trader and it is quite economical. Million of traders have wide range of platforms to choose from. However, MT4 plays an impetus platform because it offers ample of opportunities to trade for every skill set. The flexible trading system & advanced technical analysis & EA strategies help the traders to examine & achieve better results.

Well MT4 is no way the best.
It is however simple and free (for the trader)
There are much better platforms, some of those also free

which one would you recommend for a newbie? MT4 or something else? thanks

MT4 would be best for a newbie IMO

i vote for MT4 as well, its user friendly. i've using it since day one.

tracydavison posted:

togr posted:

crabby12 posted:

Mohammadi posted:
According to my trading experience I think the best trading platform is a platform which does not restrict at any kinds of trading techniques with scalping and hedging. Basically scalping don’t allow by and large regulated trading broker in their trading platforms.

MT4 is definitely the most popular and the best Forex trading platform. It is software which helps traders to analyze the financial markets & use EAs. Moreover, the mobile trading is also valid.

Trading signals & the vast market are also the important part of MT4 as it enhances the Forex trading experience of every trader.

For me, it includes all the topnotch things required by a Forex trader and it is quite economical. Million of traders have wide range of platforms to choose from. However, MT4 plays an impetus platform because it offers ample of opportunities to trade for every skill set. The flexible trading system & advanced technical analysis & EA strategies help the traders to examine & achieve better results.

Well MT4 is no way the best.
It is however simple and free (for the trader)
There are much better platforms, some of those also free

which one would you recommend for a newbie? MT4 or something else? thanks

For newbie MT4 is fine.

The broker can affects the result of our trading with certainly , that’s why choosing a broker should be in cool mind, please don’t choose a broker in an emotional state, we the traders should choose the broker which is more appropriate to the concept of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.

Mohammadi posted:
The broker can affects the result of our trading with certainly , that’s why choosing a broker should be in cool mind, please don’t choose a broker in an emotional state, we the traders should choose the broker which is more appropriate to the concept of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.

Yes, this is a very important decision to make that many newbies don't understand

tracydavison posted:

togr posted:

crabby12 posted:

Mohammadi posted:
According to my trading experience I think the best trading platform is a platform which does not restrict at any kinds of trading techniques with scalping and hedging. Basically scalping don’t allow by and large regulated trading broker in their trading platforms.

MT4 is definitely the most popular and the best Forex trading platform. It is software which helps traders to analyze the financial markets & use EAs. Moreover, the mobile trading is also valid.

Trading signals & the vast market are also the important part of MT4 as it enhances the Forex trading experience of every trader.

For me, it includes all the topnotch things required by a Forex trader and it is quite economical. Million of traders have wide range of platforms to choose from. However, MT4 plays an impetus platform because it offers ample of opportunities to trade for every skill set. The flexible trading system & advanced technical analysis & EA strategies help the traders to examine & achieve better results.

Well MT4 is no way the best.
It is however simple and free (for the trader)
There are much better platforms, some of those also free

which one would you recommend for a newbie? MT4 or something else? thanks

I think whatever you learn in MT4 will still be applicable to the MT5 platform. MT4 is backed by a lot of brokers and is generally more user friendly so great to start off with.

But of course if you get familiar with both of their features and you then find MT5 would meet your demands better, then go for it.

FMovingAverage posted:

tracydavison posted:

togr posted:

crabby12 posted:

Mohammadi posted:
According to my trading experience I think the best trading platform is a platform which does not restrict at any kinds of trading techniques with scalping and hedging. Basically scalping don’t allow by and large regulated trading broker in their trading platforms.

MT4 is definitely the most popular and the best Forex trading platform. It is software which helps traders to analyze the financial markets & use EAs. Moreover, the mobile trading is also valid.

Trading signals & the vast market are also the important part of MT4 as it enhances the Forex trading experience of every trader.

For me, it includes all the topnotch things required by a Forex trader and it is quite economical. Million of traders have wide range of platforms to choose from. However, MT4 plays an impetus platform because it offers ample of opportunities to trade for every skill set. The flexible trading system & advanced technical analysis & EA strategies help the traders to examine & achieve better results.

Well MT4 is no way the best.
It is however simple and free (for the trader)
There are much better platforms, some of those also free

which one would you recommend for a newbie? MT4 or something else? thanks

I think whatever you learn in MT4 will still be applicable to the MT5 platform. MT4 is backed by a lot of brokers and is generally more user friendly so great to start off with.

But of course if you get familiar with both of their features and you then find MT5 would meet your demands better, then go for it.

MT5 is much better for backtesting compared to MT4
Both platforms are simple and free and easy to learn.
They have its limitations but that is not important for a beginner.

In Fx trading, Choosing a right broker is very difficult task, because there are almost thousands broker in online retail Fx market and most of them are found to be scams. Regulated trading broker can be a great choice which for all time makes sure security of funds at any deposits with a wide range of trading technologies.

A trading platform is a software that facilitates traders and investors to place trades and monitor their accounts through financial intermediaries. Trading platforms has various features, for example news tools, real time quotes, charting tools, and even premium research. Platforms are also specifically made for specific markets such as stocks, options, currencies or future markets etc.
MT5 trading platform is the one which i am using recently and it has a new feature of partial multiple-screen support and a built in economic calendar.

jaredtaylor posted:
A trading platform is a software that facilitates traders and investors to place trades and monitor their accounts through financial intermediaries. Trading platforms has various features, for example news tools, real time quotes, charting tools, and even premium research. Platforms are also specifically made for specific markets such as stocks, options, currencies or future markets etc.
MT5 trading platform is the one which i am using recently and it has a new feature of partial multiple-screen support and a built in economic calendar.

Trading platfrom is whatever client used to trading. It can even be your web browser like Chrome. Such client always send data to server/market.
It does not need any calendar or news or whatever additional platform.
For me keeping it as simple and as fast as possible is a goal.

The broker can affects the result of our trading with certainly, so choosing a broker should be in cool mind , please don’t choose a broker in an emotional state, it would be great if we choose the broker which is more appropriate to the concept of trading that will be used , the traders who are particularly scalpers have to choose the broker which allows trading concept such as this.

A broker is the most important thing in forex trading. Choose a regulated broker to make money consistently from the forex market.