MetaTrader FX trading platform
- Thread starter kirylm
- Start date
Joy Pathak
Swaptionz
- Joined
- 8/20/09
- Messages
- 1,328
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Naw. Have not tried Meta Trader. I have tried Oanda and FXCM. They are both great. Oanda has the best spreads and fills though from what I have seen and what people have told me too.
- Joined
- 11/2/10
- Messages
- 52
- Points
- 18
MetaTrader is one of the most overvalued trading platforms in the world. The only word I have for that platform is: Mediocre.
It is not a case if all the worst,scam, fraud prone and less reliable FX companies recommend you that platform.
Have a look at FXCM or CMC markets. Their platforms are surely better for that type of trading but walk away from MT.
- Joined
- 11/2/10
- Messages
- 52
- Points
- 18
There are several reasons but I will try to list a few:
1) Re-quoting
2) Technical Indicators cannot be easily mixed up together
3) Looking at past price moves is very annoying (you don't expand the view of the chart but you have to literally drag the graph)
4) The graphical definition is really bad
The only good thing is that you would probably get a demo account for a long period and you could play around a little bit if you are new to forex.
I used MT at the very beginning and I do not trade currencies but their demo account at that time was useful