FxPro offers four types of trading platforms: Metatrader 4, Metatrader 5, cTrader and FxPro platforms。Which is best for you？

FxPro has been providing Forex and Contracts for Difference (CFD) trading services since 2006.。Their expertise lies in providing a more personalized experience according to the needs of each trader through various products (including four types of trading platforms)。

FxPro currently offers Metatrader 4, Metatrader 5, cTrader and their own proprietary solutions on the FxPro platform。Which trading platform is best?？What's the difference between them？Let's take a closer look。

Metatrader4 (MT4)

Metatrader 4 opens electronic trading platform for retail users。Since MetaQuotes Software was first released in 2005, Metatrader 4 has grown to become the most popular trading platform for Forex and CFD traders worldwide.。

Metatrader 4 is the first electronic trading platform for most retail traders today, and more than half of them will continue to use it as long as they trade online.。Why is Metatrader 4 so popular?？Many reasons are as follows。

FxPro MT4 With many functions, it is relatively easy to use, customizable, secure, and requires minimal computer resources。

Here are some of the most important MT4 features:

1. Three types of charts (line, bar, and candle charts)
   30 + indicators, you can also add your own custom indicators。
   4 types of pending orders: buy stop loss, stop loss sell, limit buy, limit sell.。
   9 time ranges
   Price alerts via sound, email and notifications
   Automated trading via Intelligent Trading System (EA)
   Create your own indicator, script, or EA using the MT4-specific coding language MQL4
   Multiple chart settings available

Over time, MT4's features are no longer extraordinary, because every platform will be configured with the same features and improved with more advanced technologies。However, MT4 will never go out of style。

Although many other platforms with more advanced features continue to emerge, MT4 is still the most recommended trading platform。Beginners are advised to start with Metatrader 4 and become familiar with trading terminology and market dynamics without bothering to learn advanced features they don't yet need。

Metatrader5 (MT5)

Created by the same company that developed Metatrader 4, Metatrader 5 is a more advanced form of the latter that meets the needs of more modern traders。

owned by Metatrader 4, also owned by Metatrader 5。Metatrader 4 does not have it, Metatrader 5 does。These unique MT5 features include Depth of Market (DoM), 6 pending order types (purchase limit, sell limit, buy stop, sell stop, sell stop, buy stop), 21 time frames, economic calendar, and detachable charts.。

More importantly, Metatrader 5 uses a different coding language - MQL5, which means that EAs, indicators and scripts written for Metatrader 4 cannot be used in Metatrader 5 and vice versa。However, people who are used to one of them will be more likely to adapt to the other.。

FxPro MT4 users who want to advance their trading career can migrate to FxPro MT5。Traders can remove the limitations of MT4 by migrating to MT5 for a shorter adaptation period。Of course, beginners can also start trading directly with Metatrader 5。

cTrader

cTrader is a new generation trading platform created by Spotware Systems to meet the need for more mechanized trading。Few brokers offer cTrader today, but its number is increasing every year。

You'll be surprised by the variety of indicators and chart types available here, as they even have tick charts, brick charts, and range charts! cTrader also has its own coding language, C #, which traders can use to create their own indicators, scripts, and cBots。

The most unique features of cTrader are advanced order types, all order types with MT5 and more。Traders can automatically set partial take profit, break-even stop loss, etc. through the advanced order form, eliminating the need to monitor their trades throughout the day。

However, the weakness of FxPro cTrader is that there are relatively few asset classes available (please note that asset availability may vary between brokers), and the interface is relatively more complex, with many foldable tabs, so more attention to detail is required。

FxPro Platform

The FxPro platform may be lacking compared to the more widely used trading terminals, but it is one of the best proprietary trading platforms for Forex and CFD brokers in the industry。FxPro won the Best Stock Trading Platform award in 2013 and again in 2021.。

Here are some of the most notable features of the FxPro platform:

1. 6 kinds of charts (line chart, bar chart, candlestick chart, heiken ashi, HLC and dot chart)
   50 + indicators
   4 types of pending orders
   15 time ranges
   Sentiment detector for major currency pairs
   Opening and managing accounts, including deposits, transfers and withdrawals

If you are just looking for a trading platform for manual trading, then the FxPro platform is the most suitable choice。However, it lacks customizability and we cannot use the platform to create custom indicators, scripts or automated trading tools.。

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Since its inception in 2006, FxPro has successfully expanded to serve retail and institutional clients in more than 170 countries and is headquartered in London, UK.。

FxPro UK Limited has been licensed and regulated by the FCA since 2010。Meanwhile, other subsidiaries, such as FxPro Financial Services Limited, have been authorized and regulated by CySEC since 2007 and by FSCA since 2015.。So traders no longer have to worry about their money。As a staunch supporter of transparency, it sets the highest security standards for client funds, as companies choose to keep their money in major international banks, completely segregated from corporate funds.。

They always strive to provide transparent and ethical practices in the global trading industry。In 2018, 74.65% of market orders are executed at the requested price, 12.8% of customer orders are executed with positive slippage。In addition, only 1 of all instant orders.4% received a re-offer, of which 0.72% received a better price at the time of execution。

FxPro's total number of transactions increases year by year。In 2018, trading volume reached 53.6 million。Based on the trust of customers, FxPro won the UK's Most Trusted Forex Brand Award 2017 from Global Brand Magazine。In addition, they became the first broker to sponsor an F1 team in 2008 and FxPro has won around 60 UK and international awards.。

They are committed to creating a dynamic environment that provides traders with all the tools they need to gain a trading experience.。Open an account with FxPro to access more than 250 CFDs across 6 asset types, including FX, equities, spot indices, futures, spot metals and spot energy。They want to provide clients with top-of-the-line liquidity and advanced trade execution without the need for trading desk intervention.。Average execution time less than 11.06 milliseconds, up to 7,000 orders per second。These advantages allow traders to benefit from tight spreads and competitive prices。

In addition, FxPro is recognized as an innovative broker。The company allows customers to enjoy a wide range of trading platforms such as MetaTrader 4, MetaTrader 5, cTrader and FxPro Edge。Web-based versions and mobile applications are also available so that traders can access financial markets anytime, anywhere。

Traders can choose the platform according to their needs。Traders for MT4 provide instant execution and easy-to-use trading platform。In this account, leverage is as high as 1: 500, with spreads from 1.From 6: 00, no commission。

Traders should opt for an FxPro MT5 account if they want to gain experience with more modern technologies。In this account, the spread from 1.5 start, leverage up to 1: 500, no commission。

Another type of account is FxPro cTrader。Compared to other account types, it is suitable for traders who prioritize execution speed and have the strictest spread limits。FxPro cTrader is a powerful trading platform that provides the best bid and ask prices, orders can be completed in just a few milliseconds。The platform also provides market depth and trade analysis tools, in which the spread is only from 0.From 3 o'clock。However, traders must pay a commission of $45 per $1 million of forex and metals trades (opening and closing positions).。

The main difference between MetaTrader 4, MetaTrader 5 and cTrader is the range of CFD products available。The MT4 platform provides traders with the opportunity to open positions in all 6 asset classes, while MT5 does not support stocks and cTrader does not support stocks and futures。

In addition to the above 3 types of platforms, you can also access FxPro Edge when trading in FxPro。The platform provides customers with a new way to trade the market in the form of spread betting。

Every broker has advantages and disadvantages, and FxPro is no exception。In addition to the advantages explained earlier, FxPro also has a high minimum deposit amount。In addition, FxPro does not offer many types of payment and withdrawal methods。Some types of methods even require the trader to pay a fee。However, it is still important to note that customers can trade forex, stocks, indices, metals and energy in Fxpro with a limited risk account at no additional cost。

Regardless of the pros and cons, FxPro can be one of the best brokers with advanced technology of choice for traders who are ready to trade with funds starting at $500。

Which trading platform is better?？

Objectively speaking, MetaTrader 5 and cTrader are on a par with the most feature-rich and tool-advanced。However, they may not be for you。

It is recommended for beginners to start with the FxPro platform or Metatrader 4, both of which will help you learn trading tools and market dynamics in a simpler environment。If you are sure that you understand all the mechanics, you can try other platforms to find one that is more visually attractive and best suited to your trading style。

Metatrader 5 contains more features than Metatrader 4, but the interface is almost the same。For different traders, it may be "awesome" or "confusing," the choice is in your hands。

The FxPro cTrader platform is better suited for tech-savvy traders than novices who are too lazy to read the manual。This is the best option for traders who seek to improve automated trading settings through more advanced technologies, and those who seek excitement by writing better trading strategies.。Those with experience in other markets will also be able to navigate the platform with ease。

Finally, the FxPro platform is superior to other platforms in terms of the ability to manage accounts directly in the platform. Other platforms may need to log in to the client area through the FxPro website to perform the same operation。

Our advice: If you don't need automated trading, DoM, or tricky pending orders, it's better to continue using the FxPro platform from the beginning。

See the table below for comparison of integrated platforms:

FEATURES	Metatrader 4	Metatrader 5	cTrader	FxPro Trading Platform
Chart type	Line, column, candle chart	Line, column, candle chart	Line chart, bar chart, candle chart, dot chart, tick chart, brick chart, range chart, HLC, heikin ashi	Lines, bars, candlesticks, heiken ashi, HLC and dots
Indicators	30 +, custom indicators	35 +, custom indicator	55 +, custom indicators	50+
Pending Orders	Buy Stop, Sell Stop, Buy Limit, Sell Limit	Buy Limit, Sell Limit, Buy Stop, Sell Stop, Sell Stop Limit, Buy Stop Limit	Buy Limit, Sell Limit, Buy Stop, Sell Stop, Sell Stop Limit, Buy Stop Limit, Advanced Take Profit and Stop Loss	Buy Stop, Sell Stop, Buy Limit, Sell Limit
Time range	9	21	26+	15
Trailing Stop Loss	✔️	✔️	✔️	❌
One-click trading	✔️	✔️	✔️	✔️
Notification	Sound, email, and notifications	Sound, email, and notifications	Sound, email, and notifications	Voice
Automated trading	Expert Advice (EA)	Expert Advice (EA)	cBot	❌
Coding Language	MQL4	MQL5	C#	❌
Multiple Chart Settings	✔️	✔️	✔️	✔️
Split Chart	❌	✔️	✔️	✔️
Depth of Market (DoM)	❌	✔️	✔️	❌
Sentiment indicators	❌	❌	✔️	Only for professional traders
Market Scope	Forex, Futures, Indices, Equities, Precious Metals and Energy	Forex, Futures, Indices, Equities, Precious Metals and Energy	Forex, Indices, Precious Metals and Energy	Forex, Futures, Indices, Equities, Precious Metals and Energy
Account Management	❌	❌	❌	✔️
most suitable for	Beginner, Manual Trading, Automated Trading	Skilled Trader, Manual Trading, Automated Trading	Skilled Traders, Experienced Traders, Manual Trading, Automated Trading	Beginners, skilled traders, manual trading

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FxPro has been a leading Forex and CFD broker since its inception in 2006。The company is regulated by a number of top financial regulators, including the UK's FCA, and offers tradable instruments such as oil, gold, currency and more contracts for difference (CFD) with spreads below 70% of the market.。