Hi
I’m fairly new and still learning, Are most people trading using metatrader 4 ? Is it easier and quicker that way?
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Hi
I’m fairly new and still learning, Are most people trading using metatrader 4 ? Is it easier and quicker that way?
I've had a quick look at it and it doesn't seem to have any great advantage over using a conventional broker and information sources such as Stockopedia and Investors Chronicle. It seems to be designed for Forex trading and claims to provide trading signals. Not for me but good luck if you want to give it a go.
As with many things...it depends.
If you're a shorter term trader, especially for FX, then it is popular.
The key thing to remember is that its just a charting/alerts platform that sits above a broker e.g. IG offer it as an interface to access their CFD and spread betting services.
I've not seen it used for stocks/shares which is the area that Stockopedia specialises in.
What is it you're interested in? Longer term share investment or shorter term trading?