Offers 38 technical indicators, 44 analytical objects, 21 timeframes and an unlimited number of charts.Allows both hedging (by request) and Netting.Offers technical analysis tools which allow you to analyze markets of any complexity level – 30 built-in indicators and other 2000 free custom indicators and 700 paid.MQL5 – MetaQuotes Language 5 is a high-level language designed for developing technical indicators, trading robots and utility applications.MQL4 – MetaQuotes Language 4 is a built-in language for programming trading strategies.MT4 offers 4 types of pending orders, whereas MT5 offers 6 types. MT4 has 9-time frames while MT5 has 21-time frames which include 11 types of minute charts, 7 types of hourly charts and daily, weekly & yearly time frames, which allows room for more analysis of the market. Let’s take a quick look at some of the main differences between the platforms to see if you can decide which you would prefer. However, I think both MetaTrader platforms are ideal for trading online. I personally still use MT4 because it was the first platform that I became accustomed to. I often find myself checking my trading apps to see how my trades are going and what is happening in the markets. Mobile platforms are useful if you need to access your trading account on the go. Platforms are available for desktop, web and mobile. The broker has a good range of powerful and advanced trading platforms to meet the needs of different traders. If your country is not accepted, feel free to browse our broker reviews to find an alternative option. The broker accepts clients from over 180 countries, although they do not accept client from residents of the United States, Canada and some other countries or jurisdictions where there are legal and regulatory restrictions. This helps to give clients additional peace of mind that they are using a trusted and reputable broker. Whilst most brokers in the industry use a standard approach to protect clients, they take that extra step to ensure client safety. The broker keeps client funds in segregated accounts with top-tier banks such as Barclays to ensure that they are not used for any other purposes such as operating costs. They are also regulated by the Australian Securities and Investment Commission (ASIC), the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Services Authority (FSA) Seychelles, by the Cyprus Securities & Exchange Commission (CySEC) and Japan’s Financial Services Agency (JFSA). ThinkMarkets is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom and therefore must comply to strict regulatory requirements including providing regular financial reports and annual audits. This regulation gives me confidence that they are a broker who I can trust and can therefore focus on my trading without being concerned that something will go wrong. Eligible clients are also covered by the FSCS compensation scheme whilst client funds are held in segregated accounts. They are regulated by some of the most strict and respected regulatory bodies including the FCA and ASIC. The broker operates in a transparent manner with emphasis on looking after client’s own interests and safety. If you want spreads from 0.0 pips, you can take a look at XM Group as an alternative. This high-end technology enables them to provide fast and reliable trade execution under all market conditions with the best possible prices and tightest spreads from just 0.1 pips. They have a partnership with Equinix who are the world’s largest trading data centre with locations in London and Hong Kong that connect ThinkMarkets vast liquidity pool directly to your trading platforms. They provide a variety of flexible trading accounts to suit different trader needs, including zero commission accounts as well as trading guides, trading tools, news and analysis. Multilingual client support is available 24 hours a day, 7 days a week. The broker was established in 2010 and is headquartered in London and Melbourne, with offices located all over the world including Asia-Pacific, Middle East and North Africa, Europe and South America. ThinkMarkets is an online trading broker providing clients in over 180 countries access to trade a wide range of trading instruments across multiple markets including Forex, Commodities, Cryptocurrency (excluding UK), Stocks, Shares, Indices, Metals, Energies & CFDs. Cannot accept clients from certain countries.
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