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Abstract:MatchTrader also has 27% supporters, so does MatchTrader really have the feasibility to replace MT4/5?
Above WikiFX analyzed after MT4/5 , cTrader is expected to become the biggest winner!
(https://www.wikifx.com/en/newsdetail/202210095044749124.html)
According to Finance Magnates survey data, cTrader received 53% of the vote, far ahead of its rivals MatchTrader and Leverate. However, the second ranked MatchTrader also has 27% supporters, so does MatchTrader really have the ability to replace MT4/5?
MatchTrader is poised to split MT4/5 in 2021
Match-Trader is already poised to carve up a share of MT4/5 in 2021. Match-Trade Technologies gained more than 130 new clients in 2021, mainly including MT4 and MT5 white label brokers. Compared to 2020, the number of users has more than doubled and average turnover has grown steadily by 155%, double that of MT5 brokers and 10 times that of MT4 brokers. In addition, Match-Trade Technologies reports that 31 reputable forex brokers currently use their platform, and the number of Match-Trader White Label real accounts stands at 44,000, up 600% from a year ago.
The Chief Operating Officer of Match-Trade Technologies Michael Karczewski said publicly earlier this year: “We want to lead the market and bring new qualities. That's why we're still refining the Match-Trader platform and enhancing our FX broker CRM to provide the quality of a professional sales system. I can only say that last year we almost doubled the size of the company, so I can assure you that you will see significant changes this year.”
Based in the United States, support multi-party download
The Match-Trader trading platform is operated by Match-Trade Technologies LLC. Founded in 2013, the company is a leading brokerage technology provider headquartered in California, USA, and has offices in Cyprus, Poland, Malaysia, India and other countries.
In addition, as an alternative to MT4 and MT5, the MatchTrader App is not disabled by Apple and can be downloaded and used by investors/users in the App Store, Google Play and Microsoft.
Advantages for traders:
Match-Trader has social trading solutions that offer greater flexibility in managing money and attract more traders. Allow unprofessional clients to entrust their trading books to professional money managers and follow risk-selective trading strategies. In addition, traders will be able to verify the historical performance of the money manager/signal provider to check their profitability and follow or unfollow the manager's account at any time.
Match-Trader is able to provide advanced charts suitable for experienced traders.The various indicators available on the platform will make it easier for traders to analyze market conditions and track trends, making it easier for them to make trading decisions。
Match-Trader enjoys economic calendar and news feed features. The platform aggregates the most important market events and assessments of their impact to keep traders up-to-date with market news that affects their trading decisions. The platform also showcases the tools with the biggest price differences of the day (Top Movers) to help inexperienced traders make investment decisions.
Match-Trader has an instant deposit payment solution. Match-Trade's customer office integrates seamlessly with the Match2Pay payment gateway to provide efficient payments to investors around the world. The built-in payment gateway will allow traders to immediately top up their accounts to avoid closing out their positions. The whole process has been automated on the broker's side without leaving the platform.
Match-Trader builds the branded customer office app. Increase trader engagement by providing advanced applications for traders to manage their own trading accounts. Match-Trade's client office enables traders to independently manage their trading accounts by opening new mock/real accounts, transferring funds between accounts, making deposits and requesting withdrawals, and checking their activity history. Seamless integration with the Match-Trader platform enables traders to use tools already embedded in the platform or manage multiple accounts at once using a broker's client office application. Dedicated IB offices allow traders to earn commissions by becoming introduction brokers and expanding partner networks Brokers can increase traffic on their platforms and thus grow their business. The client office supports Messenger, WhatsApp, Telegram and wechat to provide brokers with instant communication with traders.
Advantages for brokers:
The Match-Trader trading platform offers various models: The White Label platform is tailored to the needs of brokers of all sizes and serves as the broker's own server.
Besides, these established platforms like cTrader and MatchTrader, new platforms like WikiFX have launched WikiTrade analog trading.
What is WikiTrade?
WikiTrade is a forex simulation trading platform that provides users with the ultimate CFD experience for free.
Application scenario: The product is mainly aimed at professional and novice users who have experience in foreign exchange trading, stock trading, blockchain trading, etc., to experience CFDS trading for free.
Finally, WikiFX would like to say that what suits you is the best, and investors should always conduct their own research to find an alternative to the MT4/5 platform that best suits your personal trading style and goals.
Choosing a good trading software can help you do a good deal. And choose a good platform, in order to invest with peace of mind! In the face of thousands of true and false platforms, investors who are slightly careless can easily be deceived. As a globalized corporate financial information query tool, WikiFX is known as the “Wikipedia in the foreign exchange industry”. Currently, the number of traders included in WikiFX exceeds 39,000, and 11 languages are supported. In addition to providing basic information inquiry, regulatory license inquiry, credit evaluation, platform identification and other services for the included foreign exchange trading platforms, there are also many functions such as exposure, mediation, scam brokers review, investment information, etc., and investors can therefore understand the foreign exchange industry better. It allows investors to easily identify the reliability of the platform!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.