When it comes to MetaTrader 4, one can notice that its design is somewhat resembling that of Windows 98.

Start trading on XM using mT4 Software design In turn, Oanda FXTrade was developed by Oanda – a Forex broker exclusively for its clients. The original idea behind the software was to create a better platform, mostly for Forex traders – both beginners and experienced traders alike.

MetaTrader 4 was first released in 2005 by a Russian company called MetaQuotes. We will now do a more in-depth assessment of the main features of MT4 and Oanda FXTrade. In turn, Oanda offers a lot more diversity to its clients and offers Forex pairs, commodities, indices, and bonds.įinally, the platforms have different approaches when it comes to charts and timeframes, as well as automated trading and economic analysis tools.

Moreover, when it comes to trading assets, MT4 is mainly focused on the Forex pairs, as well as some CFDs and metal commodities. The design of MT4 is set in blank white and light grey colors, while the Oanda FXTrade offers customizable skin colors and layouts. Below, you will find an MT4 or Oanda review, that will explore the main similarities and differences between the two.Īlthough the two platforms share a lot of similar features, they’re still quite different in other aspects of trading. In turn, the Oanda FXTrade desktop trading platform is both developed and offered exclusively to the clients of the Oanda Forex broker. MT 4 is a popular trading software that is often offered by Forex brokers. WIll ICOs become the future of online investing?īoth MetaTrader 4 (MT4) and Oanda are pieces of software that can be used to trade currencies, as well as various other assets.

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