What is the best trading platform? Ninjatrader 8 or Metatrader 4?
Many users ask us this question, we will clarify in this post what each platform proposes.
Ninjatrader 8 – Why use it?
As a platform to view charts, without a doubt Ninjatrader 8 is the best platform on the market for Forex, Futures Markets, Cryptocurrencies …
The free version of Ninjatrader perfectly suits all Traders who want an excellent platform that is 100% customizable and programmable, yes, you can program your indicators and insert them in your chart 100% free.
Ninjatrader will only charge you if you want to trade on the platform.
So an excellent solution for those who don’t want to spend is: Use Ninjatrader 8 to do your technical analysis and use Metatrader 4 or 5 that practically all brokers around the world offer for free to make real trades.
Metatrader 4 – Why use it?
There are still several traders around the world using Metatrader 4 to analyze charts, it is because they have not yet tried Ninjatrader 8 in its entirety, it is much inferior to use Metatrader 4 for this purpose.
Now, to place orders or even use for automated trading, Metatrader stands out in this regard. It is an excellent platform for your negotiations.
So, our suggestion: Perform your analysis on Ninjatrader 8 and make your trades on Metatrader 4 or 5.
We hope that this article was useful to clarify, in summary, there is no worse or better, each has its purpose.
All the best,
I4t team