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Additional FAQ
Why do some traders prefer MT5?
One important quality of MT5 is its support for cross-market trading features. This allows traders to access a wider range of financial instruments and markets within a single platform.
Continue Reading at What Experts Say about MT4 Transition to MT5
MetaTrader 4 or MT4, is a trading platform that was built by MetaQuotes with the purpose of trading forex, futures, and CFDs. Many believe that MT4 is the industry standard for trading.
Continue Reading at Is MetaTrader 4 (MT4) Still Relevant?
Can we use OCO Order on any trading platform?
By default, there is no OCO Order installed on MetaTrader 4. To use the tool, one must download the OCO Order's plug-in and install it on the platform. The plug-in will allow the trader to place an OCO Order.
Many experienced traders pick up said add-on from a trustworthy source such as forex brokers' extra trading facilities. One example is Admiral Markets which equips its MetaTrader platforms with a special feature called the MetaTrader Supreme Edition (MTSE).
Continue Reading at OCO Order Strategy, How Does It Work?
How should we rate brokers on their trading platforms?
Since forex brokers mainly offer online trading, it is crucial for them to have the latest technology. First and foremost, the trading platforms must be accessible and affordable for all traders. It is also a great idea to provide additional technical indicators and trading tools to help clients take their trades to the next level.
MetaTrader 4 and MetaTrader 5 are the most popular trading platforms at the moment. As such, many brokers are content with offering these two options. However, we should also note that these days, there are loads of other available trading platforms in the market. Some of them are entirely unique and offer innovative features that are often found absent on the more popular platforms. Therefore, providing a wider list of platforms can attract more clients, especially those who are looking for specific, advanced trading tools and analysis.
Continue Reading at 5 Things to Rate in Forex Brokers Quality
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