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MetaTrader 4 VS ThinkTrader

Compare MetaTrader 4 VS ThinkTrader and see what are their differences

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MetaTrader 4 logo MetaTrader 4

MetaTrader 4 the world’s one of the leading user-friendly stock trading platforms that is facilitating traders to redefine their ways to get the most profitable return.

ThinkTrader logo ThinkTrader

ThinkTrader app features the complete performance chart of forex and CFD trading, so you can buy stocks with a high probability of an increase in the price without having to worry about losing your money.
  • MetaTrader 4 Landing page
    Landing page //
    2022-12-03
  • ThinkTrader Landing page
    Landing page //
    2023-03-05

MetaTrader 4 features and specs

  • User-Friendly Interface
    MetaTrader 4 offers an intuitive and user-friendly interface, making it accessible for both beginners and experienced traders.
  • Customizability
    MT4 allows for extensive customization through scripts, custom indicators, and expert advisors, enabling traders to tailor the platform to their specific needs.
  • Automated Trading
    The platform supports automated trading with its Expert Advisors feature, which allows for algorithmic trading strategies to be implemented.
  • Advanced Charting Tools
    MT4 provides a wide range of technical analysis tools and indicators that help traders analyze market trends and make informed decisions.
  • Wide Range of Brokers
    Due to its popularity, numerous brokers offer trading accounts with MetaTrader 4, providing traders with diverse options.
  • Stability and Performance
    The platform is known for its reliability and efficient performance, even under high trading volumes, which is crucial for active traders.

Possible disadvantages of MetaTrader 4

  • Outdated Interface Design
    While functional, the visual design of MetaTrader 4 feels outdated compared to more modern trading platforms.
  • Limited Asset Classes
    MT4 was primarily designed for Forex trading, and while it supports other asset classes, it does not offer the same depth of integration as some newer platforms.
  • Lacks Native Cross-Platform Compatibility
    While MT4 has mobile and web versions, full functionality and most features are best experienced only on the desktop version.
  • Limited Fundamental Analysis Tools
    The platform focuses heavily on technical analysis and lacks extensive tools for conducting fundamental analysis.
  • No Proprietary Back-Testing System
    MT4 does have a strategy tester, but it's not as robust or user-friendly as those offered in some competing platforms.

ThinkTrader features and specs

No features have been listed yet.

MetaTrader 4 videos

+ Add

MetaTrader 4 vs 5: Which One? [2020 Review]

More videos:

  • Review - Part 1: What is Metatrader 4?
  • Tutorial - How To Use MetaTrader 4 (Tutorial For Beginners - How To Use A Charting Platform) [Trading Basics]

ThinkTrader videos

No ThinkTrader videos yet. You could help us improve this page by suggesting one.

Add video

Category Popularity

0-100% (relative to MetaTrader 4 and ThinkTrader)

MetaTrader 4

ThinkTrader

Finance
82 82%
Finance
18% 18
Trading
87 87%
Trading
13% 13
Competitive Intelligence
0 0%
Competitive Intelligence
100% 100
Investing
100 100%
Investing
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare MetaTrader 4 and ThinkTrader

MetaTrader 4 Reviews

TradingView Alternatives For Budget Conscious Traders
TradingView is a popular choice for many but there are many other options that offers unique features and advantages for different trading styles and preferences. cTrader, MetaTrader and TakeProfit.com has powerful tools and features that makes it more accessible and helps traders to achieve their goals. TakeProfit.com stands out with its Indie programming language and...
Source: medium.com
Top 8 Forex Tester Alternatives in 2024
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are widely-used trading platforms that include basic backtesting functionalities. These platforms are popular due to their availability and versatility, but they come with some limitations.
Source: forextester.com
13 BEST TradingView Alternative for Equity, Crypto & Forex
MetaTrader is a trading platform that is widely used for financial markets like Forex, stocks, futures, etc. It provides superior tools for technical and fundamental analysis of the market.
Source: www.guru99.com
5 MetaTrader alternatives for Apple devices (Jan 2023)
In September 2022, many traders were unpleasantly surprised by Apple’s decision to ban from its AppStore the mobile apps of the industry’s most popular and widely-used trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
Source: smnweekly.com
What Are The Alternatives To MetaQuotes' MetaTrader MT4 And MT5 Platforms For Brokers?
It has been over 2 weeks since LiquidityFinder broke the story on Saturday 24th September that Apple had removed MetaQuotes' MetaTrader 4 (MT4) and MetaTrader 5 (MT5) apps from its App Store. This move by Apple, with still no official explanation from either Apple or MetaQuotes, has left a huge amount of uncertainty in the trading industry, both for brokers and end clients....
Source: liquidityfinder.com

ThinkTrader Reviews

Top 8 Forex Tester Alternatives in 2024
Available as part of the ThinkTrader platform. Unlike Forex Tester, this tool is fully online and requires an internet connection to use. It is accessible through the ThinkTrader app, which can be used on various devices.
Source: forextester.com

Social recommendations and mentions

Based on our record, MetaTrader 4 seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

MetaTrader 4 mentions (1)

  • MT4 new build is broken?
    That makes sense, it's not listed on metatrader4.com. This is absurd since all the installers get this beta build. Thanks for the answer :). Source: over 3 years ago

ThinkTrader mentions (0)

We have not tracked any mentions of ThinkTrader yet. Tracking of ThinkTrader recommendations started around Mar 2021.

What are some alternatives?

When comparing MetaTrader 4 and ThinkTrader, you can also consider the following products

TradingView - The best charting tool for crypto and stocks

Thinkorswim Mobile - Thinkorswim Mobile app features options so users can get all their desktop trading data at the palm of their hands to invest in the stock market or take their money out of the stock market.

MetaTrader5 - World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.

TradeUP - TradeUP: Trade Stocks and Options is a trading app developed and presented in the market by TradeUP Inc.

TakeProfit - TakeProfit is a trading platform driven by its community, equipped with tools for traders to monetize their skills. It encourages sharing research and making more informed trading decisions, allowing members to make the most of their expertise.

eToro - The social investment network that connects traders from around the globe and enables them to share...

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