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Thread: Which is the best Platform to start with?

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    MBCUK is offline White Belt MBCUK is on a distinguished road
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    Which is the best Platform to start with?

    I've had a look at etoro.. but all your weekly updates are in a different period frequency to your weekly updates..

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    Fetor's Avatar
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    MBCUK,

    Meta Trader is probably the most widely used on the retail side and I think it would serve you well. I personally use GFT's Dealbook 360 which is unique to GFT, and I think it is very good and consistent, but if you are looking for an all around universal platform to learn on then I'd go with Meta Trader.

    I burn my candles from both ends.
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    Flow is offline White Belt Flow is on a distinguished road
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    Agreed with Fetor about the breadth of support for MetaTrader.

    If you want low cost support for brokers like Interactive Brokers rather than the bucket shops you might consider Sierra Chart. Lots of power for little cost.
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    I would go with GFT if you plan to trade price action. If you want to pile 1000 indicators onto your chart MT4 is your best bet. Sicne your in the UK I am guesisng your spread betting? If so GFT is awesome for spread betting!
    "History will be kind to me for I intend to write it. "

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    aponte219 is offline Orange Belt aponte219 is on a distinguished road
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    I have a question Nick....Well Im going through a transition phase right now with possibly looking for another broker...I learned to trade price action through the material based on this website and the courses..How is Dealbook 360 a better choice for trading price action???
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    Quote Originally Posted by NickB View Post
    I would go with GFT if you plan to trade price action. If you want to pile 1000 indicators onto your chart MT4 is your best bet. Since your in the UK I am guesisng your spread betting? If so GFT is awesome for spread betting!
    I am using GFT, great charts! I have tried for a few years with indicators on MT4, kind of sucks you into using more and more indicators until you become indicator bound, then you try another and another then find more on another forum and try those and more and more, understand what I am saying? (and they all lag!) The GFT platform is refreshingly nice and I love it for price action trading. I am in the uk but I am using it for spot forex and not spread betting as the minimum per pip is £1 for spread betting but far lower for spot fx.
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    You can have 'clean charts' on Metatrader too lads...
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    adrazz's Avatar
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    Quote Originally Posted by Dane View Post
    You can have 'clean charts' on Metatrader too lads...
    You mean you resisted the urge to add lots and lots and lots of indicators!
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    Quote Originally Posted by Dane View Post
    You can have 'clean charts' on Metatrader too lads...
    I personally feel GFT has superior charts as long as you do not use a wide variety of indicators. GFT does not have a large coding community behind it to make indicators.
    "History will be kind to me for I intend to write it. "

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    Rounder is offline White Belt Rounder is on a distinguished road
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    Does GFT allow any size position?
    I've heard that Oanda for example does - which is cool if you're starting out with a small account.
    GFT (if I'm reading this right) seems to allow only mini and standard lots?
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