MT4, MT5 or cTrader? Compare their Trading Conditions and Tools!

March 27, 2017

FXPro with MT4, MT5 and cTrader platforms. But which platform is the best for you?

MT4, MT5 or cTrader? Compare their Trading Conditions and Tools!

In 2017, there are now dozens of FX Trading Platforms built for online traders.

MetaTrader4, MetaTrader5 and cTrader are 3 of the most popular trading platforms in the world.

Each of them has got different tools, limitations and user interface though, which one is the best suited for online traders?

It is difficult to compare if the trading conditions are totally different by brokers, but you can compare these platforms if they are all offered by one FX broker.

FXPro, the Mega Forex broker in Europe, is the only one broker which offers all of the 3 trading platforms together.

Let’s see their trading conditions and compare by each trading platform.

Trading Platform MT5 MT4 Market MT4 Floating Spread MT4 Fixed Spread cTrader
Minimum Deposit $500 $500 $500 $500 $1,000
Execution Type STP
(Market)
STP
(Market)
STP
(Instant)
STP
(Instant)
ECN
(Market)
Leverage 500:1 500:1 500:1 500:1 500:1
Spread Type Variable Variable Variable Fixed Variable
Minimum Spread from 0.6 pips from 0.6 pips from 0.6 pips from 1.7 pips from 0 pip
Trading Commission N/A N/A N/A N/A $4.5/per Lot
Minimum Trading Lots 0.01 0.01 0.01 0.01 0.01
Maximum Trading Lots Unlimited Unlimited Unlimited Unlimited Unlimited
Decimal Pricing 5 5 5 5 5
Margin Call % 40% 25% 25% 25% 40%
Stop Out % 30% 20% 20% 20% 30%
EA (Automated Trading) Allowed Allowed Allowed Allowed Allowed
Scalping Allowed Allowed Allowed Allowed Allowed
Hedging Allowed Allowed Allowed Allowed Allowed

FXPro is the broker with “Lowest trading cost” with “lowest required deposit amount” for that condition.

You can find more details of this fact from the article from here.

Now that you know the differences of each trading platforms offered by FXPro, you may also want to know how these platforms are different in terms of “usability”.

With FXPro, you can download all of the trading platforms and open Demo accounts for Free!

FXPro Official Website

Free 123 USD

30 USD for Free

5 USD for Free

25 USD for Free

300 USD for Free

100 USD for Free

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