moonchild
VIP Contributor
As we all know there are two different types of trading softwares that are known by retail traders the first one being meta trader 4 and the Meta trader 5.
Most of us started out with meta trader 4 as our main software for trading.
Meta trader 4 supports currency pairs and provide a wide array of instruments to choose from, it has a higher order execution rate.
Most traders consider it the pioneer of the mobile trading era.
Meta trader is also a product of Metaquotes company, which specializes in integration of real time chart data.
Metatrader 5 on the other hand is an upgrade from Metatrader 4 and it is all from the same company.
It supports more trading instruments than Metatrader 4, like stocks and indices like ger40, DAX and also it supports synthetic indices too like boom and crash and volatility indices, range break, jump indices and many more.
It also has a smoother interface than Metatrader 4, and it also comes with refined tools that makes chart analysis easier.
I personally use Metatrader 5 because it execute my trades faster and I also get to trade different instruments from stocks to currency pairs and also synthetic products.
Most of us started out with meta trader 4 as our main software for trading.
Meta trader 4 supports currency pairs and provide a wide array of instruments to choose from, it has a higher order execution rate.
Most traders consider it the pioneer of the mobile trading era.
Meta trader is also a product of Metaquotes company, which specializes in integration of real time chart data.
Metatrader 5 on the other hand is an upgrade from Metatrader 4 and it is all from the same company.
It supports more trading instruments than Metatrader 4, like stocks and indices like ger40, DAX and also it supports synthetic indices too like boom and crash and volatility indices, range break, jump indices and many more.
It also has a smoother interface than Metatrader 4, and it also comes with refined tools that makes chart analysis easier.
I personally use Metatrader 5 because it execute my trades faster and I also get to trade different instruments from stocks to currency pairs and also synthetic products.