Nowadays, eToro is among the most popular platforms for traders around the world as it has a larger number of solutions offered to its clients. Moreover, thanks to its social trading approach, eToro lets users follow other investors and copy their portfolios for a small fee. This is a great opportunity for newcomers that do not yet follow advanced trading strategies and would like to get exposure to the financial world. CTrader is a comprehensive trading platform designed to cater to the needs of Forex and CFD traders. It offers a mt4 alternative complete solution for brokers to provide their traders with a wide range of trading options across desktop, web, and mobile devices. The platform boasts advanced capabilities, fast order execution, customizable coding, and a variety of charting tools and indicators.

Easy Reviews of 10 MetaTrader Competitors

However, this cost may differ based on the level of customization and features you require. Web Trader stands out with its flexibility and customisation options, allowing brokers to mix and match pre-integrated parameters and trading tools. The platform also features a drag-and-drop layout and a “widget designer” for creating personalized dashboard combinations. ETNA’s Web https://www.xcritical.com/ Trader is a powerful white label software designed for broker-dealers and FinTech firms. It offers an all-in-one solution for trading different instruments online, with lightning-fast HTML5 technology delivering personalised trading experiences on-the-go. The WL solution offers a high level of customization, allowing brokers to set up their trading instruments, assets, menu options, and more.

MT4 app for iOS is still unavailable – Which platform is the best alternative to consider?

Also, considering the highly regulated nature of the Forex industry, the platform must incorporate strong regulatory compliance and risk management features. Traders can tailor the Mosaic interface to suit their trading needs and preferences. Additionally, this robust platform supports a variety of order types, extending traders’ control over their trading strategies. Trader Workstation’s vast asset range across different markets and industries broadens the trading opportunities available to its users.

Proficient authors guiding you with transparency, integrity and education through the finance international markets

Yes, you can trade on both MT5 and MT4 if your chosen broker supports both platforms. However, you will need to have two separate accounts because you cannot log in to the MT5 platform with your MT4 account and vice versa. In contrast, MT4 does not include a built-in Economic Calendar, requiring traders to rely on third-party calendars to stay updated with financial news. For example, you may use FBS’s Economic Calendar to follow market-moving macroeconomic events. In contrast, MT4 offers 30 built-in technical indicators, supplemented by access to around 2,000 free custom indicators from the Code Base and over 700 paid indicators from the Market.

What Is a White Label Trading Platform?

Therefore, our content is meticulously researched to ensure its accuracy and thoroughness. Each of our articles is created with the aim of providing educational insights and in-depth analysis, helping both beginners and experienced traders. This could also be a great alternative to MetaTrader 4 as it is an “evolution” of the same platform with new features and other solutions.

Can I trade in MetaTrader without a broker?

The company has taken decisive action against unregulated brokers, revoking licenses and cutting off access to its platforms. Notable examples include the termination of True Forex Funds’ WL license in February 2024. As a broker, choosing the right WL provider can make all the difference in providing your clients with a secure and efficient trading experience. With numerous options available in the market, it can be overwhelming to determine which provider is best suited for your brokerage. Moreover, TradeLocker offers a variety of trading products and API integrations, making it a well-rounded solution for brokerages with different demands. Its micro-lot trading option is especially beneficial for newcomers with limited funds, allowing them to test their strategies without risking significant amounts of capital.

Prop Trading and MetaQuotes: Funding Pips Case May Mark the End of MT Access to US Clients

Match-Trader, a trading platform owned by Match-Trade Technologies, stands out in the Forex platforms market due to its modern in-house technology and innovative features. One of its main strengths is its use of cutting-edge Progressive Web App (PWA) technology, which allows it to be an omnichannel trading app that adapts to screen resolution. This means that traders can seamlessly switch between devices, such as web, mobile, and desktop, with all their settings synchronized in real-time, providing a consistent trading experience. As an MT4 and MT5 alternative, Match-Trader offers traders a robust and user-friendly platform with advanced tools and features for efficient trading in the financial markets. It is a third-party trading platform that connects to a broker for forex trading.

Comparison with other popular platforms

This is why TradingView is perhaps the most viable alternative in the case of an MT4 and MT5 ban, as long as, of course, you are able to connect it to your trading account. Traders should do their own research and use their judgement before choosing a trading platform. Forex brokers offer different products, assets and services for different needs, and there’s no “one size fits all” approach.

Best MetaTrader 4/5 Alternatives

In contrast, MetaTrader 4/5, while solid in their track record, face criticisms for their complex interfaces and aging designs. Modern traders increasingly prioritize platforms that offer simplicity, user-friendliness, and accessibility to diverse asset classes, including cryptocurrencies and decentralized finance (DeFi) opportunities. FirstByt addresses these demands with intuitive user interfaces, comprehensive custody solutions, and compliance tools like KYC/KYT, essential for regulatory adherence. White Label trading software offers all the features required for trading, making it possible to conduct comfortable trading involving any financial assets.

DXtrade is a state-of-the-art white label platform designed to meet the demands of modern traders. Devexperts, a company behind DXtrade, has been in the industry since 2002 and is known for developing cutting-edge and innovative trading technology and platforms. Currently, the provider offers three versions of the DXtrade, each catering to different asset classes.

• As an MT4 and MT5 alternative, Match-Trader offers traders a robust and user-friendly platform with advanced tools and features for efficient trading in the financial markets.
• These accounts provide traders with the ability to trade physical delivery contracts, as previously mentioned.
• Customer service is slow, often resulting in delayed responses and difficulty resolving issues.
• However, the platform’s complexity and steep learning curve make it challenging to use.
• While each platform has its undeniable advantages when it comes to desktop trading – WebTrader is perfect for people who want a simple user experience.
• Additionally, brokers can access ETNA’s API for seamless integration with execution venues and market data providers of their choice, making it a robust alternative to the MT4 white label solution.

Traders onsider platforms like Tradelocker, eToro, and Binance Broker for its expansive cryptocurrency trading options, to be superior to MetaTrader 4 for their specific needs. Your choice should match your trading style with the level of integration you need. Consider the tools you currently use or plan to use and determine which platform aligns best with them. When you’re considering alternatives to MetaTrader 4, each option comes with its distinct advantages and disadvantages.

A strongly regulated broker with fast execution and low fees is best for Forex trading. I like to keep all the options checked to see all the tools at a glance, such as timeframes, key technical analysis tools, etc. An essential requirement for the safety of your funds is that the broker uses segregated accounts, i.e., the broker holds client money separate from their business accounts. Segregated accounts increase the likelihood that clients can withdraw funds safely if the broker goes out of business.

The optimal way to dive into this powerful platform is by opening a live trading account. If you’re looking to get a feel of all the features without the immediate commitment, a demo trading account offers a perfect alternative. MetaTrader 4 (MT4) is among the most popular platforms to trade in the forex market and perform technical analysis. Find out which trading platforms you can use on your mobile to keep seizing trading opportunities. I created a comparison list of MT4/MT5 alternative trading platforms for startup FX Brokers (White Labels) and you can download that list HERE.

Conversely, MT4 provides 31 graphical objects, such as lines, channels, Gann and Fibonacci tools, shapes, and arrows. MT4 was designed for Forex, but many brokers offer access to other asset classes through the platform. Most MT4 Forex brokers allow you to download a free MT4 demo version of the platform. That means you can practice trading with them without opening and funding a live account. Be aware though that their real money trading conditions may not be the same as what you experience in the demo account, although the platform will obviously work the same. For those constantly on the move, our mobile traders frequently opt to download MetaTrader 4 directly to their iOS or Android devices, ensuring you can take advantage of trading opportunities anytime, anywhere.

CTrader is available on desktop, mobile, and web-based platforms, ensuring Forex traders can access their accounts and execute trades from anywhere. The platform’s support for multiple asset classes, including Forex, stocks, and commodities, ECN trading, further expanding the trading opportunities available to its users. Traders can seamlessly develop and deploy algorithmic trading strategies using the platform’s cAlgo functionality. Additionally, the platform’s diverse ecosystem allows users to easily exchange trading tools, indicators, and strategies, fostering a vibrant community of traders and developers. WOW Trader also offers integrations with over 300 payment gateways, making it easier for brokers to facilitate client account funding. TradeSmarter’s WL solution boasts 180+ liquidity integrations for a wide range of CFD asset classes, giving traders access to the most popular markets.

Providers should offer a wide range of tools and services that can support your brokerage operations. In addition, they should provide customisation options, allowing you to tailor the platform to your unique business requirements and brand identity. This platform provides brokers with the autonomy to tailor their trading instruments, assets and menu options to their preference. On top of that, the package also includes a branded app and a crucial Know Your Customer (KYC) compliance module — all aiming to facilitate smoother operations of a thriving brokerage platform. Designed with the trader in mind, Quadcode Trading provides a bespoke white-label platform that is the upshot of accumulated wisdom from experienced traders, engineers, and designers.

Popular alternatives to MetaTrader 5 include Tradelocker as number 1 users choice. Tradelocker is known for advanced charting tools and good integration with TradingView. There is great commitment to discovering and reporting not only the latest news and trends in the market, but also to equipping our readers with the tools they need to navigate volatile markets with confidence. We firmly believe that, with the support of an appropriate platform coupled with accurate guidance, our readers and traders can turn market volatility into a competitive advantage.

It also offers advanced risk management tools, automated trading functionality, and an array of order types. CTrader is available on desktop, including Mac devices, mobile, and web-based platforms, ensuring accessibility for traders on the go. EToro is a full-featured trading platform popular with cryptocurrency traders, but it also offers a range of other investment products such as stocks, forex and ETFs. EToro’s standout feature is its CopyTrader, a form of social investing that allows users to copy trades of high-performing traders. The comprehensive educational resources are complemented by a demo account where newbies can try out trading without risk.

Traders prefer MT4 because of its advanced trading tools, customisable interface, and support for automated trading strategies. It also has a large community of users and a wide range of indicators and plugins. By offering multiple platforms simultaneously, brokers can quickly adapt to market changes and provide clients with a more comprehensive range of services tailored to their specific trading needs.