Metatrader + wide currency options

togr posted:

phillipgriffin posted:
I was checking ironfx, fxpro and liteforex offering a variety of options on MT4/MT5. Looking for recommendations that offer even more. Thanks.

I would stay away from the exchanges you have listed.

Why would you say that ?

togr posted:

phillipgriffin posted:
I was checking ironfx, fxpro and liteforex offering a variety of options on MT4/MT5. Looking for recommendations that offer even more. Thanks.

I would stay away from the exchanges you have listed.

Why?? Which ones would you recommend then, actually I would like to know about the ones you’ve been using profitably, TIA

Among MT4 and MT5, I feel MT4 is better to trade with if you are just into forex trading and there are many features that have been added into it.

If you are looking for more options, you can consider FXTM and Turnkeyforex. They provide you with both MT4 and MT5. You can go for various trading strategies through them on low commissions. I am a daytrader only.

Metatraders trading platforms are most popular and used platforms in the trading market.

Raheemsterling22 posted:
I trade in CFDs too. So I prefer MT5 and also, it has some advanced features as compared to MT4.

Are the increased number of pending orders in MT5 helpful, realistically speaking?

SofieAndreasen posted:
Metatraders trading platforms are most popular and used platforms in the trading market.

Which do you prefer - MT4 or 5?

As a trader who keeps trying out different things, the number of currency pairs my broker offers is really important. After researching, I found that Pepperstone offers 61 tradable currency pairs. Along with that, I also found that Turnkeyforex offers around 100 currency pairs to trade which is pretty high in comparison to what other brokers are offering.

marnuslabushane posted:
I am currently trading through Ctraders. I think I will shift to Metatraders real soon.

I was also using cTrader in the past but when I started using MT4 for forex, I never got back. I love that its simple interface gives access to flexible trading systems.

phillipgriffin posted:

SofieAndreasen posted:
Metatraders trading platforms are most popular and used platforms in the trading market.

Which do you prefer - MT4 or 5?

I like MT5 more as it comes with many more advanced features, although MT4 is user friendly.

78678676 posted:

phillipgriffin posted:

SofieAndreasen posted:
Metatraders trading platforms are most popular and used platforms in the trading market.

Which do you prefer - MT4 or 5?

I like MT5 more as it comes with many more advanced features, although MT4 is user friendly.

I have heard from many traders that MT4 is best for trading currencies, you think?

Pointingmark posted:
I’m otherwise quite happy with MT4 platform but lately facing an issue with it not being able to run on a 64-bit system as good as it does on 32 bit.

Never heard of this issue before. Do check with your broker. Reliable brokers as far as I know have platforms that are functional on either of these systems. In case you do find a problem with your broker, try turnkeyforex and fxtm. I find them to be reliable.

morganedwards posted:
As a trader who keeps trying out different things, the number of currency pairs my broker offers is really important. After researching, I found that Pepperstone offers 61 tradable currency pairs. Along with that, I also found that Turnkeyforex offers around 100 currency pairs to trade which is pretty high in comparison to what other brokers are offering.

These are good platforms but I was reading somewhere that IG has better reviews than Pepperstone. I mean I have used both and there is surely some difference between the two. What do you say?

I say you use both MT4 and MT5 and then decide. You’ll get more options with MT5 like stocks, futures, CFDs apart from currency pairs. But MT4 is kind of limited to forex pairs but that’s also a good thing on its own.

You can stick to trading the major and minor currency pairs. There are also some exotic currency pairs which traders like to trade.

The MetaTrader platform has good advantages for trading, such as many assets and indicators, small deposits, free demo accounts, etc.

Femilas posted:
Trading on the MT-4 platform is really very profitable and convenient, it is quite simple, in use and even a beginner can figure it out.

@Femilas I agree, i started using MT-4 and find it very convenient