What exactly are MetaTrader 4 and 5 trading platforms? is Scams? How to use and what’s Difference ?【tutorial】

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The most people may be no stranger to MetaTrader 4 or MetaTrader 5 when looking for investment information, but many people may just not hear too much about it or even misunderstand it as a fraud platform, the following introduction to Meta Trader…

Introduction to MetaTrader

What exactly are MetaTrader 4 and 5 trading platforms? is Scams? How to use and what's Difference ?【tutorial】 world leading stock & Fx broker views platform Get access to the most complete set of independent reviews of Forex brokers
What exactly are MetaTrader 4 and 5 trading platforms? is Scams? How to use and what's Difference ?【tutorial】 world leading stock & Fx broker views platform Get access to the most complete set of independent reviews of Forex brokers

MT series platform is a Russian company called MetaQuotes developed trading software, the first main provision of foreign exchange commodity futures trader services has now expanded to a variety of CFD stock trading, the company initially as the increasingly popular online trading in the Internet era to provide traders with a very low entry threshold, traders do not need to develop their own applications as long as the lease metaQuotes developed trading software and can conduct business so that a large number of operators into the industry. Mainly provide small and medium-sized trading broker platform because they may not have enough capital to develop trading software, will rent directly, some operators although also have to develop their own trading platform, but sometimes in order to meet customer needs while retaining MetaTrader.

There are two trading interfaces on the market are MT4, MT5 trading platform or can be called trading software APP, support a variety of platforms, from computers to tablets, mobile phones and so on have support.

MT4 MT5 difference comparison

MetaTrader difference comparison
What exactly are MetaTrader 4 and 5 trading platforms? is Scams? How to use and what's Difference ?【tutorial】 world leading stock & Fx broker views platform Get access to the most complete set of independent reviews of Forex brokers
MT5MT4
Some order execution policiesbenot
Order execution policyFull execution or immediate cancellation
Cancel immediately or execution
return
Full execution or immediate cancellation
The type of pending order64
Depth of marketbenot
Time and values (Exchange Data)benot
Technical indicators3830
Graphic object4431
Time period219
Economic calendarbenot
Email systembebe
Transfers between accountsbenot
Built-in MQL5.community chatbenot
Trading strategiesMultithreaded
Multi-currency
Real-time quotes
Single thread
Multilingual Unicodebenot
unilateralbenot
Lock the silobebe
Symbolsboundless1024
Supported marketsForex/Futures/
Options/Stocks/
bond
Forex/Futures/
Options/Stocks/
bond
Exchange trading Exchange Tradingbenot

MT4, MT5 scam misunderstanding

MetaTrader is simply used as a trading tool, especially in the field of foreign exchange rates, whether it is a regular trader or other unlicensed traders will use MetaTrader as a trading tool, many fraudsters often confuse the concept, choose a formal regulated trading platform is important things.

MetaTrader is not used as a crime tool, but as a tool that generates different results when used by different people.

How to distinguish MT4, MT5 fraud trading platform

The date the site was established

MT4, MT5 fraud trading platform website establishment date
MT4, MT5 fraud trading platform website establishment date

Scams typically buy cheap giveaway SITEs for less than $10 a year, so these sites are relatively less than a year old
You can check the date of creation of these sites by searching the web for whois to verify by:
Whois Stationmaster’s House Tool
Godday Whois who’s a website checker

Are there other site reviews

MT4, MT5 fraud trading platform website evaluation
MT4, MT5 fraud trading platform website evaluation

A website with good credit trust will have recommendations from other sites in search results, and you must check that these sites have good quality website design, because fraudsters can also mislead consumers by building a lot of reviews

You can register a legally regulated trading platform by browsing this site

Check app stores such as the Apple App Store and Google Play

A well-run trading platform typically publishes their exclusive name APP in the App Store, checking the presence of these trading brokers through the store, because Apple and Google regularly review whether these brokers are legally licensed to provide user downloads of their apps published on the App Store

Check regulation

Brokers on a legitimate and normal deposit trading platform usually have the following licenses and provide license numbers for investors to check, as most of these sites are constructed in English, if you are unsure, it is recommended to ask others who know English

Cysec broker regulations icon
broker regulations icon
ASIC

Unconscionable way to send money

The most common form of deposit on a legitimate trading platform is by depositing money through VISA and MASTER cards, and will not through a local bank into an account in a private name

MT4, MT5 FAQs

Cannot trade

Usually the broker’s server fails and the trading signal cannot be sent

MT4, MT5 slip price The buying and selling prices are different from the actual price

Some brokers plunder clients’ assets through slip price operations and suggest that you can change the broker

The MT4 and MT5 spreads are too large

Each broker has a different spread and advantage trading product, or your referrer increases your spread in order to earn additional commissions

Pending order mode

  • Market market order
  • Buy Stop hits the mark to break through the buy-to-get
  • Sell Stop’s hit price fell below the catch-up price
  • Buy Limit backs down to make up for it
  • Limit Sell bounces back to make up the sale
  • Buy Stop Limit breaks through to make up for it
  • Sell Stop Limit fell below the rebound to make up for it
Sell Stop touch price falls below sale (schematic)
Sell Stop’s touchdown price falls below the catch-up price (schematic).
Sell Limit Bounce Hits Resale (Diagram)
Sell Limit Bounce Hits Resale (Diagram)
Buy Limit back-to-back price buy -up (schematic)
Buy Limit back-to-back price buy -up (schematic)
Buy Stop touch price breakout buy (schematic)
Buy Stop touch price breakout buy (schematic)

MT4.5 Leverage Introduction

Total position lotsLeverage x1Leverage x2Leverage x5Leverage x10Leverage x50Leverage x100Leverage x200Leverage x400
0.011000500200100201052.5
0.02200010004002004020105
0.1100005000200010002001005025
0.550000250001000050001000500250125
110000050000200001000020001000500250
22000001000004000020000400020001000500
55000002500001000005000010000500025001250
101000000500000200000100000200001000050002500
Unlike real-world foreign exchange, you can trade $100,000 through $1,000, but there will be different maximum margins depending on the regulatory unit or commodity

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FxPro  are Trading platform base on MT4 adn MT5 broker were offer stock and fx CFD broker  . since 2006 In  UK  now they claim they have 3 million client over world FxPro says they are well‑known throughout the industry as a trustworthy and reliable broker. They are regulated by the FCA, CySEC, FSCA, DFSA, and SCB (Scam) and we don't suggest
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Since the beginning of XM in 2009, over 2,500,000 customers have been registered with the company. This allowed XM to become a large and recognizable investment company and take a leading position in the industry. Today, over 450 specialists with rich experience in finance work in XM.

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BDSwiss DB Switzerland is a trading platform established in 2013. It is headquartered in Zurich, Switzerland. It currently has more than 1.5 million members distributed in more than 180 countries around the world. The main source of customers is Europe and currently has offices in the following overseas locations. Investors can The following locations obtain services nearby, including Berlin-Germany, Kuala Lumpur-Malaysia, Tirana-Albania, Pristina-Kosovo and other countries. But the scale is not large, there are only a few about 100 stocks. The main trading product is low-spread foreign exchange trading. Founded in Switzerland, it is a law and system trusted by many countries around the world. Choosing BDSwiss is nothing more than caring about capital. Safely and honestly provide transaction quotations and therefore are trusted by customers from all over the world

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