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Platform Picking

  • #1
  • First Post: Mar 9, 2012 4:30am Mar 9, 2012 4:30am
What is the reason on picking MT4 platform more in forex trade compared to other platforms? Suggest your valuable thoughts!
  • #2
  • Mar 9, 2012 5:34am Mar 9, 2012 5:34am
Quoting Ernestjeck
What is the reason on picking MT4 platform more in forex trade compared to other platforms? Suggest your valuable thoughts!
I think there are a few reasons

 

  1. Its cheap and easy for brokers to get up and running with it.
  2. It is fairly easy to develop EAs and custom indicators - this is a big feature and has allowed a community to develop.
  3. Its a very stable and easy to use platform

  • #3
  • Mar 10, 2012 1:40am Mar 10, 2012 1:40am
Quoting Magick
I think there are a few reasons

 

  1. Its cheap and easy for brokers to get up and running with it.
  2. It is fairly easy to develop EAs and custom indicators - this is a big feature and has allowed a community to develop.
  3. Its a very stable and easy to use platform

Nice job Magick! I think these are the exact reasons.... If anybody know more than this, suggest your points and add your thoughts as well!
  • #4
  • Mar 10, 2012 1:54am Mar 10, 2012 1:54am
Hi, there, did someone know which MT4 Platform I could use, many thanks.
  • #5
  • Mar 13, 2012 2:38am Mar 13, 2012 2:38am
Quoting brokeralex
Hi, there, did someone know which MT4 Platform I could use, many thanks.
I'm not clear about your question.... And i don't whether some platforms are in MT4! Explain what you are looking for!
  • #6
  • Mar 13, 2012 2:43am Mar 13, 2012 2:43am
Quoting brokeralex
Hi, there, did someone know which MT4 Platform I could use, many thanks.
There is only one MetaTrader 4 platform. But there is many MT4 brokers.

And that is the beauty of MetaTrader - you can learn how to use the platform, then apply those skills to any number of brokers.

If youre looking for broker recommendations, I would simply recommend that you go with a trusted brokerage firm. There are many brokers - and some of them may not exist in a months time.
  • #7
  • Last Post: Mar 13, 2012 3:01am Mar 13, 2012 3:01am
it's just popular. a lot of brokers use it and offer it to traders. that's why traders are familiar to this platform. but is it really powerful and convenient? i don't think so.

sorry, if i harm someone's feelings. it's just my opinion =) but i know a lot of other platforms that are more usable and have bigger functionality.
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