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Additional FAQ
What are the drawbacks of DoM?
While it shows the market conditions in-depth, it is not updated regularly. It is basically a snapshot of a certain moment in time. In addition to that, DoM is not available in all trading platforms.
Continue Reading at Your Simple Guide to Depth of Market
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
Between MT5 and MT4, which trading platform is faster?
The MT5 platform is generally faster than the MT4 platform. The speed difference can be attributed to several factors, including the underlying code and backend architecture.
Continue Reading at Is MT5 Faster Than MT4? Here's What You Need to Know
What are the drawbacks of SIRIX?
Even though SIRIX trading platforms have plenty of benefits, it also has several drawbacks.
- It needs a steady internet connection to start and can be very heavy.
- It mostly uses unfamiliar indicators and might confuse new traders.
- An over-crowded interface makes it tend to feel crowded and confusing.
Continue Reading at Get To Know SIRIX Webtrader Advantages And Disadvantages
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