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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EXNESS is the only forex broker in the world that supports fully automated withdrawals, withdrawals do not require manual review, and fund deposit withdrawals are quick and convenient Exness Group (Exness) was established in 2008 Exness Group provides trading capabilities of more than 120 financial instruments, provides the best market order execution services and has a small spread in major currency pairs.

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for people who are focus on Forex trading Exness is best choice  ,  also support multiple deposit and withdraw  by automatic without manually check  and fast cash in only 3 days  and Free VPS server for increase trading environment in other platform that usually spend more 20 $ per month ,  without VPN it's might causing some delay ordering losing money ,  EXNESS is a good choice for traders looking for MT4 and MT5 economists regulated by the European Union, but its CFD scope is less than its peers. Its own research content is also insufficient. These are all areas where it can be improved.
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Swissquote Swissquote Bank, also known as Swissquote Group Holding SA, is a Swiss bank group specializing in online financial and trading services. The group’s shares have been listed on the Swiss Stock Exchange since May 29, 2000. The stock code is SQN. The group’s headquarters are located in Grande, Switzerland, the company also has offices in Zurich, Bern, London, Dubai, Hong Kong, Malta, Singapore and Luxembourg and has 722 employees.

Provide foreign investors can apply through an online bank account using the bank while the Swiss regulators to ensure the safety of funds, they are different from other trading platforms while providing real stock brokers and CFD, when you need to become a shareholder of a company You can buy real stocks. When you encounter unexpected situations that may occur in the future, you can buy assets quickly and cheaply through CFD and hedge risks.

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At the same time, it has a personal bank and a trading platform broker and can trade on more than 60 countries and regions exchanges. It provides foreign investors who can handle bank accounts online. Using this bank can also obtain Swiss supervision to ensure the safety of funds, which is different from other transactions. Platform brokers provide real stocks and CFD at the same time. When you need to become a shareholder of a company, you can buy real stocks. When you encounter unexpected situations that may occur in the future, you can buy assets quickly and cheaply and hedge against them. risk.
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United Traders is Stock Broker headquarter local in Moscow Russia and Tallinn Estonia , they focus on US stock market incoulding OTC market and IPO stock and Pre IPO stock market , for people how interesting invest lastest new Tech company , that give convenient way and Small Capital invester join the Gobal finacial trend

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Overall United Traders offer friendly front UI for client, for people who living in Russia and other CIS country, its cheap way invest border and keep asset in safely place, and also, they can avoid local country tax and broker Fee.
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APP
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The full name of FXTM is Forextime Ltd was founded in 2011 by Andrey Dashin, who is also a major shareholder of online broker Alpari. Since the launch of FXTM, the platform has been expanded to include the MT4 and MT5 platforms developed by MetaQuotes Software, headquarter local at Cyprus 35, Lamprou Konstantara Street, FXTM Tower, Kato Polemidia, CY-4156 Limassol. 

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FXTM provides multiple account options for traders, each of which has pros and cons, from margin to order execution method, tradable market and different pricing rules. For example, one of the advantages of ECN accounts is more competitive pricing, but compared to standard accounts, stop-loss and take-profit prices can only be added after the order enters the market. This restriction is unreasonable.In addition, if traders want to trade CFDs on stocks, they need to open separate accounts and cannot share foreign exchange accounts, which is very inconvenient.All in all, FXTM provides a variety of options for MT4 and MT5, and a wide range of account options allows traders to operate flexibly. In addition to Bitcoin, the addition of more cryptocurrency CFDs also complements FXTM, although it is still not tradable on weekends.It is difficult for inexperienced traders to choose among the many account types of FXTM. In an ideal situation, we hope that the broker can simplify this selection process and recommend the appropriate account type for different experience levels. Finally, the broker's own automated trading strategy and the trading signal service provided by the internal research team have a good yield.
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