Razor1911
Active member
The forex brokers usually provide three types of trading accounts. Meta trader 4 or shortly MT4, Meta trader 5 or MT5 and webtrader. All these platfroms have different advantages and disadvantages for trading. There are also other platfroms available too, but these threeare the most widely used platfroms.
Meta trader is the most popular among all. It has two 4 versions, mainly windows, MacOs, Andoid and iOS. The main reason for it being most preferred is the interactive features. The platform is very convenient to use, and even a new trader also can trade in here.
Metatrader 5 is more less the same as MT4. Though the MT5 is latest one, still you will need higher margin to trade here. The slippage of trade is minimum here.
The last one is the webtrader. You don't need to download any software for this. You can very well login from your browser and trade. That is the main advantage of it.
As a trader which type of platfrom you prefer to trade with and why? Please share.
Meta trader is the most popular among all. It has two 4 versions, mainly windows, MacOs, Andoid and iOS. The main reason for it being most preferred is the interactive features. The platform is very convenient to use, and even a new trader also can trade in here.
Metatrader 5 is more less the same as MT4. Though the MT5 is latest one, still you will need higher margin to trade here. The slippage of trade is minimum here.
The last one is the webtrader. You don't need to download any software for this. You can very well login from your browser and trade. That is the main advantage of it.
As a trader which type of platfrom you prefer to trade with and why? Please share.