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What is the best trading software that actually works? How much does it cost?

Sams2858

Member
There are numerous trading software options available in the market, and the "best" software ultimately depends on individual preferences, trading goals, and the specific financial instruments being traded. It is important to note that no trading software can guarantee profits or eliminate risks entirely. Successful trading requires knowledge, skill, and experience.

Here are a few popular trading software options:

1. MetaTrader: MetaTrader is a widely used platform for forex and CFD trading. It offers comprehensive charting tools, technical analysis indicators, and automated trading capabilities. The software is available in different versions, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5). It is often provided by brokers for free, although some additional features or plugins may come at a cost.

2. Thinkorswim: Thinkorswim is a feature-rich trading platform designed for active traders. It offers advanced charting, real-time data, customizable scanners, and a wide range of technical analysis tools. Thinkorswim is provided by TD Ameritrade, and access to the platform is typically free for TD Ameritrade customers.

3. eSignal: eSignal is a professional-level trading platform suitable for various markets, including stocks, futures, and options. It provides real-time data, advanced charting capabilities, and a wide array of technical indicators. Pricing for eSignal varies depending on the package and the specific market data subscriptions required.

4. NinjaTrader: NinjaTrader is a popular platform among futures and forex traders. It offers advanced charting, backtesting capabilities, and automated trading options. NinjaTrader is available in two versions: the free NinjaTrader 8 with limited features and the paid NinjaTrader 8 with additional functionalities.

5. TradingView: TradingView is a web-based platform that provides real-time data, advanced charting tools, and social networking features. It supports various markets, including stocks, forex, and cryptocurrencies. TradingView offers both free and subscription-based plans, with the latter providing access to additional features and data.

On the other hand, for getting some more extra tradingview discount, you can visit tradeway pro. it's easy to use and very helpful for traders.

The cost of trading software can vary significantly. Some platforms are provided by brokers for free to their clients, while others may have monthly or annual subscription fees. Additionally, some software may offer premium features or advanced data packages for an extra cost. It is important to research and compare different options to find the software that best fits your needs and budget.

 
I would say there is nothing like the best trading app, different apps have different pros and cons, so you should find the one that suits you the best.
 
I've tried a few trading software options, and TradingView stands out for me. It's user-friendly, with real-time data and advanced charting tools. Plus, the social networking features are awesome! I find it helpful for stocks, forex, and crypto trading. I also often use Immediate Edge there to improve my trading experience. I hope that helps!
 
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There are so many trading platforms for trading purposes, as long as we can trade smoothly hence all trading platform is good. However not all trading platforms supported all brokers, we should understand our broker to choose a trading platform. In FXOpen, this broker uses trading platforms MT4, MT5 and TIckTrader, the last platform mentioned is a trading platform designed for ECN brokers. FXOpen's clients also can connect FXOpen account to Tradingview.
 
I've tried a few trading software options, and TradingView stands out for me. It's user-friendly, with real-time data and advanced charting tools. Plus, the social networking features are awesome! I find it helpful for stocks, forex, and crypto trading. I also often use Immediate Edge there to improve my trading experience. I hope that helps!

Have you used MetaTrader apps? if o, how was your experience with them? and how much would u rate MT products and also Tradingview out of 10?
 
I use both tradingview and mt4. tradingview for view chart and run indicators, mt4 for executing orders. I use Trading Router to connect them.
 
Tradingview offers more complete trading tools, but to be eligible to use all the tools traders need to spend a certain amount of money, whereas MT4 only has limited built-in indicator trading tools, but we can attach supported third-party indicators.
 
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