Most of my friends and colleagues who are active in Forex are familiar with Metatrader software in two versions, Metatrader 4 and Metatrader 5, under the languages MQL4 and MQL5, respectively. This software was presented to the market as open source on June 15, 2005. Gradually, with the update of the global stock market, different versions of version 4 of this software were changed and finally, the flagship of MetaTrader, namely MetaTrader 5, was released to the market.
I try not to talk too much about the capabilities of these software! Because the main point of this article from JayBlog is about dealing with cTrader software.
In general, after opening an account with a broker, you can manage your account using forex account management software such as Metatrader with the username and password given to you by the broker. View different charts and create trades.
Metatrader software uses a type of compiler language called MQL in two versions, MQL4 and MQL5, to create three types of programs (expert (trading robot), indicator and script). Working with these languages has always been difficult because they have very little documentation and few libraries, most of which are not official. Also, its ability to work with json or multi-platform systems is very weak.
Programmers of this language are few and their salaries are very high!
Therefore, it is not recommended at all to create custom codes.
Now you can easily open a demo account (free) in Metatrader 4 using the form below (in the browser).
It is safe to say that the greatest forex account management software created in collaboration with Microsoft is cTrader! cTrader with the ability to support Net Framework. (now up to version 6) follows the C# programming language so you can easily create your bots (cBot) or indicators in a completely object-oriented way.
The thickness of cTrader software is much higher than MetaTrader 5 and this increases the accuracy of transactions. The commission for using the software is $45 per million, which is worth using this software.
Currently, many domestic brokers such as Iran Bors Online also support this software and create accounts.
You can now download cTrade software for Windows 7, 8, and 10 with the latest version in the following link: