Table of contents:
- 1 Overview of the trading platforms
- 1.1 The MetaTrader 4 Platform
- 1.2 Tools for the MetaTrader 4
- 1.3 Pivot Punt Indicator
- 1.4 MetaTrader 5 Platform
- 1.5 Differences between MetaTrader 4 and MetaTrader 5 account
- 1.6 The MetaTrader 4 Web as a browser-based version
- 1.7 Mobile trading via iPhone, iPad and Android devices
- 1.8 Automated trading via Expert Advisor
- 1.9 The demo account with the broker ActivTrades
- 1.10 Conclusion – Various demo account possibilities
ActivTrades is one of the brokers that offer its clients multiple trading platforms. Traders should be given the opportunity to choose the trading platform that best suits their needs.
Overview of the trading platforms
In the following, we would like to give a short overview of the trading platforms available at Broker ActivTrades and the functions and features of the individual platforms. Currently, the Broker offers the following trading platforms:
- MetaTrader 4 Platform
- MetaTrader 4 Web
- MetaTrader 5 Platform
- Mobile Trading
- Expert Advisor for automatic trading
The MetaTrader 4 Platform
The most used platform for the broker ActivTrades is probably the MetaTrader. The MetaTrader 4 platform is especially characterized by the fact that it is easy to use and therefore also very suitable for not yet very experienced traders.
Furthermore, the platform is not only easy to use but can also be customized. Among the numerous functions that MetaTrader offers as a platform variant are
- Display of real-time quotes
- Headlines from the business news are presented
- Place orders with a few clicks
- Price Alarm and Trailing Stops
- Integrated trade statistics
In addition to these numerous functions, the MetaTrader 4 platform has two tools, namely Market-Watch and the Navigator.
Market-Watch is a window that can be used to display traded positions. The Navigator, on the other hand, allows investors to access their accounts and store indicators or scripts directly on the chart.
Tools for the MetaTrader 4
In addition to the normal functions of MT4, ActivTrades offers some additional tools and plug-ins for the trading platform. These tools are already available in the demo account. Among others, clients can use the following tools free of charge:
The SmartOrder 2 plugin for the MT4 is designed to extend the functionality of the platform and improve the management of positions. Here are the functions of the addon:
The SmartLines Addon works in MT4 as well as in MT5. It enables automated execution of orders on pre-defined trend lines. As soon as the price crosses a pre-defined trend line, an order is automatically opened.
The SmartTemplate is an indicator for the MT4, which generates buy or sell signals based on chart signals combined with trend strength.
SmartForeCast is a tool for technical analysis in MT4. Combined with chart retracements and market trend analysis, this indicator provides a quick overview of the market by automatically calculating both long and short-term resistance and support areas. In addition, the tool shows 3 scenarios for the price development with 3 targets, which change in real-time.
The SmartPattern indicator works in both MT4 and MT5. The indicator automatically recognizes chart patterns, scans master data, and thus creates statistics about potential future market movements.
Pivot Punt Indicator
This tool also works in MT4 and MT5. Pivot points are often used by professional traders as an indicator to predict future market movements. This indicator shows the pivot points as well as supports and resistances in the chart.
Other tools that ActivTrades offers its clients are still free of charge:
- SmartCalculator to calculate the risk of a trade
MetaTrader 5 Platform
ActivTrades is one of the few brokers that not only provides its clients with the proven MetaTrader 4, but also the latest version of this leading trading software with the MetaTrader 5 platform. MetaTrader 5 is the newest version of all Meta Trader platforms so that various extensions to MetaTrader 4 can be used. Meanwhile, ActivTrades can trade over 500 available contracts via MetaTrader 5.
Optically and in the use the MetaTrader 5 hardly differs from its predecessor version, which many investors like very much. Especially the following functions are what make the MetaTrader 5 platform so special:
- Unlimited charts and real-time quotes
- Integrated trade statistics
- One-Click Trading
- Mobile trade possible
- Multilingual trading platforms in currently over 20 languages
- Headlines from the business news
Differences between MetaTrader 4 and MetaTrader 5 account
What you need to know is that with ActivTrades the conditions and also the trading offer between MT4 and MT5 accounts differ in some points. While the conditions and spreads on currencies are the same for both accounts, trading of stock CFDs, for example, is only possible on MetaTrader 5 accounts. Therefore, some additional tools offered by the Broker are not available in MT5.
|MetaTrader 4||MetaTrader 5|
|Target spread Forex||from 0.5 Pips||from 0.5 Pips|
|SmartForecast Add on||Yes||No|
|SmartOrder 2 Add on||Yes||No|
The MetaTrader 4 Web as a browser-based version
In contrast to the MetaTrader 4 platform, MetaTrader 4 Web is characterized by the fact that it is a web-based platform. This technology allows clients to log in to their account directly from any operating system via their Internet browser.
This allows a quick login without the need to download or install a trading platform. MetaTrader 4 Web Trader also offers numerous functions such as
- One-Click-Trading can be used
- unlimited charts and real-time quotes
- Place orders with a few clicks
- integrated account statements
- Platform available in several languages
- Trade with micro plummet and minilots
Mobile trading via iPhone, iPad and Android devices
Of course, the broker ActivTrades also offers a mobile trading platform with real-time access in addition to the stationary trading platforms. This is MetaTrader 4, which is available primarily for the iPhone, iPad or also for Android devices.
Nearly all functions you might be used to form the stationary trading platforms of the broker ActivTrades are also available in the mobile version. MetaTrader 4 for iPhone, for example, can be distinguished in the area of trading by the following features:
- Realtime quotes are displayed
- All order types are available
- Traders get access to the entire account history
- One-click trading from the chart possible
- Financial news available
In addition to the trading functions, mobile trading with the broker ActivTrades is also characterized by various tools for technical analysis. These include real-time charts, around 30 technical indicators, and various chart types, such as bars, lines, and Japanese candles.
Automated trading via Expert Advisor
Since ActivTrades allows trading via MetaTrader, trading with Expert Advisor is also possible. This makes it possible to participate in automated trading and automate trading strategies via MetaTrader 4. Especially for advanced traders, this possibility is often very interesting because trading can be completely automated and free of disturbing factors such as emotions. On this basis, for example, market observation and risk management, which often stress factors when trading foreign exchange, can be eliminated.
The demo account with the broker ActivTrades
In addition to the real trading platforms, the broker ActivTrades, like most other brokers, offers the possibility to open a demo account before. It is noticeable that the client can freely determine the amount of the deposit and the leverage used in advance. If you already know in advance that you will probably make a deposit of 5000 Euro and trade with a leverage of 1:200, you can already optimally adjust to these conditions in the demo account.
The deposit can range from 250 Euro up to 100.000 Euro. With the leverage, the trader can choose from a range between 1:1 and 1:400. The test account of ActivTrades can be used over a period of 30 days. During this time, the trader has access to almost all the functions and possibilities that he will later find on the “real” trading platform. If the test period is not enough for you, you can also request a free extension from the support.
Conclusion – Various demo account possibilities
Trying the demo account offered by ActivTrades is always a good idea. You can choose between trying out the ActivTrader, MetaTrader 4 as well as MetaTrader5 for trading without registration. With a virtual budget, you can try everything out without taking any risk. Moreover, it is really rare that you can try out a demo account without giving out any personal data to the broker. The demo accounts for trying out instantly expire after 72 hours. Traders have also the option to trade with a demo account for 30 days straight without paying any money. We can only recommend trying out the demo account.
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