Advantage Trader vs MetaTrader 4

  • At City Index, we understand the importance of having a trading platform that meets your individual needs and trading requirements.  

    Our professional downloadable Advantage Trader and the MetaTrader 4 FX platforms are designed keeping your trading preferences in mind and offer a suite of educational and trading resources including chart-based trading, 120+ technical indicators and risk management tools. 

    However, there are so many key differences and this section attempts to detail with exactly what those differences are, to help you to select the platform that best meets your trading style and requirements. 

    Advantage Trader – the professional forex trader’s platform  

    Advantage Trader has been developed utilising our vast forex trading experience to create a downloadable trading platform for professional forex traders. Advantage Trader seeks to give City Index FX clients a distinct trading advantage over other FX traders. 

    Advantage Trader builds on many of the powerful features that has made MetaTrader 4 one of the most popular forex platforms to date, yet there remain some key differences. 

    Advantage Trader is equipped with over 120 technical indicators, over 100 built in trading strategies, a highly customisable interface as well as FX Auto Trading, which incorporates your customised or built in trading strategies into real time trades when prices reach levels that your strategy dictates. MetaTrader 4 enables you to backtest your own trading strategies and incorporate strategies purchased through access to Expert Advisors (EA).

    For a more comprehensive comparison between our Advantage Trader and MetaTrader 4 platforms, see our comparison table below. 

    Comparison Table

    Feature  Advantage Trader  MetaTrader 4 
    Standard Profiles Yes Yes
    Customisable Platform Layouts  Yes  
    Risk Management Tools Yes Yes
    Customisable Charting Package Yes Yes
    Create your own Trading Strategies Yes Yes
    Ability to Backtest Strategies   Yes
    Standard Technical Indicators Package   Yes
    100+ Advanced Technical Indicators Package Yes  
    Standard Drawing Tools Yes Yes
    Advanced Drawing Tools Yes  
    Expert Advisors   Yes
    Auto Trading Yes Yes
    100+ Built in Trading Strategies Yes  
    Deal Through Charts Yes  
    Customisable Price Alerts Yes  

     
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