In the realm of online trading platforms, Metatrader and TradeStation stand out as two prominent contenders, garnering the attention of traders worldwide. While both platforms offer an array of features and tools to facilitate trading activities, it's essential to discern the nuances that set them apart, guiding users towards the platform that aligns with their needs and preferences. Metatrader, specifically tailored for Forex and CFD trading, caters to a diverse audience ranging from seasoned traders to newcomers. It boasts a comprehensive suite of capabilities including automated trading, sophisticated chart analysis, and technical insights. In addition to an assortment of indicators and tools, Metatrader presents a diverse spectrum of brokerage options. Designed to accommodate those seeking an intuitive interface without the complexities of more advanced functionalities, Metatrader is an optimal choice. TradeStation, by contrast, emerges as a more sophisticated platform tailored for active traders seeking heightened intricacies. Within its repertoire lie advanced charting and analytical tools, automated trading features, and an expansive reach across diverse markets. Notably, TradeStation's scripting language empowers users to craft bespoke automated strategies. With its suite of offerings catering to experienced traders in pursuit of comprehensive tools, TradeStation serves as an ideal choice. In conclusion, both Metatrader and TradeStation exhibit qualities conducive to effective trading, hinging upon individual expertise and preferences. Each platform stands as a repository of extensive features, tools, and brokerage possibilities, prompting a considered selection process that aligns with one's specific requirements. Exploring Metatrader: 15 Key Insights Conceived by MetaQuotes Software Corporation, Metatrader heralds a transformative trading platform. Since its inception in 2005, it has earned global acclaim, enticing a myriad of traders worldwide. Encompassing both desktop and mobile iterations, it offers versatile accessibility. Facilitating diverse financial instruments—ranging from Forex to CFDs, stocks, futures, and options—Metatrader serves as a universal trading hub. Its iterations, including MT4 and MT5, diversify its offerings, catering to distinct user preferences. Multilingual support amplifies accessibility, bridging linguistic gaps across languages such as English, Spanish, French, and Chinese. Metatrader furnishes real-time market data access, intricate price movement analyses, trade management, and automated system development. Armed with sophisticated charting tools and analytical avenues, it empowers traders with comprehensive insights. The Expert Advisor (EA) feature empowers customization through bespoke automated trading strategies. A proprietary programming language, MQL4, serves as a conduit for crafting personalized technical indicators and scripts. A treasure trove of indicators—including Fibonacci Retracements, Bollinger Bands, and Moving Averages—augment trading prowess. Metatrader enriches the trading experience with a suite of tools: market news updates, an economic calendar, and comprehensive account histories. Round-the-clock, multilingual customer support signifies its commitment to user satisfaction. Adherence to rigorous security protocols and industry standards underpin its robustness. Earning the mantle of one of the world's most popular trading platforms, Metatrader is synonymous with excellence. Unveiling TradeStation: 15 Salient Facts The roots of TradeStation trace back to its establishment in 1982, germinating in Plantation, Florida. It emerges as a broker-dealer and trading platform, spanning stocks, options, futures, and forex markets. TradeStation's extensive repertoire encompasses research, data analytics, and a diverse array of trading options. Its offering spans versatile platforms: web-based TradingApp and desktop-based TradeStation, catering to distinct user preferences. The advent of Mobile Trader, a mobile platform, renders trading accessible on-the-go. A bastion for analyzing and trading stocks, options, futures, and forex markets, TradeStation is a multi-faceted platform. Real-time news, intricate charts, and technical analyses converge to empower traders via a diverse range of research tools. TradeStation accommodates diverse account types: individual, joint, corporate, and IRA accounts. Margin accounts add an additional dimension, enabling traders to leverage their investment value. A suite of trading tools, encompassing custom indicators and automated strategies, underscore TradeStation's prowess. A repository of educational resources, including webinars and tutorials, fosters continuous learning. Access extends to an expansive gamut of markets, spanning US and international equities, options, futures, and forex. TradeStation's regulatory alignment finds expression through oversight by the Financial Industry Regulatory Authority (FINRA). Membership in the Securities Investor Protection Corporation (SIPC) underscores its commitment to safeguarding trader interests. Kiplinger’s Personal Finance Magazine's recognition of TradeStation as a premier online broker in 2020 validates its standing. In the grand tapestry of trading platforms, Metatrader and TradeStation emerge as pillars of prowess, each catering to a distinct palette of trader needs. Delve deeper, grasp their essence, and chart your trading journey with precision.
MultiCharts is like TS without all the silly added junk they have added over the years. Also MC is 64 bit and TS is stuck in the stone age 32 bit.
Metatrader is the worst, absolutely the worst TP I know of and I know many, from CQG Webtrader to SterlingTrader (you probably never heard these names before). It has dozens of bugs, it is unreliable (freezes, crashes) it is designed for the brokerager (more likely "bucket shop") to implement their own spread upon the real market spread. It lets brokers charge interest on futures positions ON TOP OF MARGIN INTEREST. It is really designed to make traders lose in every way you can imagine. The very difference between MT4 and MT5 is that MT5 doesen't show you how much comissions you paid for a position. What an "improvement". The only way to trade with MetaTrader and make reliably money is by subscribing to a "signal" and invert it's longs and shorts until it blows up. The faster it gets a Margin Call the more money you make. My father used to do that.
Monex group didn't nothing for tradestation since takeover , milked the cow only. And i wouldn't touch meta trader