What’s MetaTrader 4、5 platforms is Scams? what’s Difference?

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's MetaTrader 4、5 platforms is Scams? what's Difference? offer investor world leading stock & Forex & Crypto broker views and tutorial,start make your money by money ,Realize the freedom of wealth
MT4 Interface

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
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
ระยะเวลา219
ปฏิทินเศรษฐกิจbenot
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
Symbolsไม่จำกัด1024
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

FCA
FCA
Cysec
Cysec
ASIC
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

經紀商交易平台開戶推薦

Pepperstone founded in 2010 offer forex and CFD stock trading service base on Asia-pacific, office and headquarter located in Australia, offer low ping and high quality price quote without slippage. In average Pepperstone is not one of broker which offer fantastic trading app but reliable and fairly trading broker platform, why said like it ? Because most broker usually going price slippage but in pepperstone such report are no usually happened, so for day-trdaer and mass Quantitative Trader are really important even your small trader that's one of crucial priosity.

More details +
first choice for high frequency trader
In average Pepperstone is not one of broker which offer fantastic trading app but reliable and fairly trading broker platform, why said like it ? Because most broker usually going price slippage but in pepperstone such report are now usually happened, so for day-trdaer and mass Quantitative Trader are really important even your small trader that's one of crucial priosity.
Trading Conditions
10
Trading Fee
10
Trust Rating
10
Deposits and Withdrawal
7
Customer Service
8
APP
9
User friendly
5
PROS:
  • Low slippage
  • Low ping support VPS
  • High speed respown time
CONS:
  • less CFD stock

Exante (XNExante (XNT LTD)is an international Stock、Bond、Forex、ETF、future & option  trading platform , since 2006 they started operate stock market offer client from worldwide without open local broker account and free to trading stock from  over 50+ market in one broker platform , over 10000 different stocks and 100 country's bond and provide 13 currencies  all in the Exinite , provide high quality service and trading platform, office locate  London Amsterdam Moscow Saint Petersburg Kyiv Almaty Riga Malta Cyprus Hong Kong .

More details +
Created by professionals. For professionals
most successful  broker platform provide over 150,000+ financial products with your single multi-currency account on any device,  without any additional fee add most cheap way invest worldwide , although it's only support bank transfer taking by 1~4 days , by list broker always your best choice . 
Trading Conditions
9.5
Trading Fee
7
Trust Rating
10
Deposits and Withdrawal
4
Customer Service
10
APP
5
User friendly
7
PROS:
  • low trading fee
  • 50 market in one platfrom
  • over150,000+ financial products
  • 24/7 Customer Service
CONS:
  • only support bank transfer
  • not support Friendly UI or lite platfrom
  • high withdrawal fee

FBS Broker founded in 2009  , operation main is Asia located at 89, Vasileos Georgiou Street, 1st Floor, Office 101, Potamos Germasogeias, 4048 Limassol  service over 700 thousand people in the worldwide including China Indonesia, Russia, the Philippines and even Malaysia has operated office ,FBS is also regulated by Cyprus, a subsidiary of Tradestone Limited, which is a popular jurisdiction for foreign exchange transactions. Tradestone Limited is regulated by the Cyprus Securities and Exchange Commission. According to the MiFID directive, all brokerage companies regulated by CySEC have the right to conduct business in the EU. This makes FBS a safe company that currency traders can invest in.

More details +
nice user friendly App support for Trading
FBS offering excellent user UI on mobile App on Android and iOS , when you starting trading at phone  which is take can short time to used it , and they aslo offering multiple type acccoutn  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. a few popular US stock now is allow trading at FBS , and hopefully they soon will add more in future . 
Trading Conditions
10
Trading Fee
7
Trust Rating
7
Deposits and Withdrawal
4
Customer Service
8.5
APP
10
User friendly
9
PROS:
  • friendly user App
  • Provide multiple account types
  • homepage user Friendly
  • Copytrading
  • well education
CONS:
  • less Stock CFD
  • Limited product portfolio
  • less regulation broker

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.

More details +
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.
Trading Conditions
10
Trust Rating
10
Trading fee
7
Deposits and Withdrawal
3
Customer Service
10
APP
10
User friendly
10
PROS:
  • Provide bank card
  • Real stock
  • CFD stock
  • ETF trading
  • Option
  • Multi-currency bank account
  • Trusted government regulation
CONS:
  • Higher spreads
  • Low leverage
  • Account opening procedures cumbersome

More content you might be interested

Investment tutorial

0 0 votes
Rating
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x
Invest168
Logo