Software Alternatives, Accelerators & Startups

Motif VS MetaTrader 4

Compare Motif VS MetaTrader 4 and see what are their differences

Motif logo Motif

Stop picking stocks. Invest in Ideas.

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.
  • Motif Landing page
    Landing page //
    2019-03-17
  • MetaTrader 4 Landing page
    Landing page //
    2022-12-03

Motif features and specs

  • Customization
    Motif allows users to create customized portfolios, known as motifs, which consist of up to 30 stocks or ETFs. This customization allows investors to align their investments with personal values, themes, or financial goals.
  • Fractional Investing
    Motif enables investors to purchase fractional shares of stocks or ETFs, which allows individuals to invest in a diversified portfolio even with a small amount of capital.
  • Cost-Effective Investing
    Motif offers a cost-effective way of investing in multiple stocks or ETFs through a single transaction fee, making it economical for investors who want broad exposure without high transaction costs.
  • Educational Resources
    Motif provides educational resources to help investors understand market trends and make informed investment decisions, enhancing their financial literacy.

Possible disadvantages of Motif

  • Limited Individual Stock Trading
    Motif primarily focuses on motif-based investing, which may not be suitable for investors who want to trade individual stocks or have access to other investment vehicles such as mutual funds.
  • Platform Complexity
    The concept of motif-based investing and creation of custom motifs can be complex and might be challenging for beginners to fully understand and utilize effectively.
  • Limited Research Tools
    Compared to some other investment platforms, Motif may have limited research and analysis tools, which might be a drawback for more experienced investors seeking in-depth market analysis.
  • Platform Shutdown
    As of June 2020, Motif Investing has ceased operations, limiting its availability and causing current users to transition to other platforms, which may not align with their original investment strategies.

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.

Motif videos

MOTIF MOVIE REVIEW

More videos:

  • Review - Motif Luna Breast Pump Review // Momma Alia
  • Review - MOTIF - REVIEW

MetaTrader 4 videos

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]

Category Popularity

0-100% (relative to Motif and MetaTrader 4)
Investing
38 38%
62% 62
Finance
27 27%
73% 73
Trading
19 19%
81% 81
Fintech
100 100%
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 Motif and MetaTrader 4

Motif Reviews

The 5 best alternatives to eToro 2020
The range of portfolios and assets that you can invest in with motif is extensive and some of these even include portfolios related to cryptocurrencies and other assets. The minimum deposit to get started with Motif is $250 which also puts them in reasonable range for all types of traders.

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....

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.

Motif mentions (0)

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

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

What are some alternatives?

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

Signals.me - Free daily stock & forex signals powered by AI

TradingView - The best charting tool for crypto and stocks

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

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

Robinhood - Free stock trading service.

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.