© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - The Rising Popularity of digital earning opportunities in the UK
Posted 28th February 2020

The Rising Popularity of digital earning opportunities in the UK

Online Trading Platforms in the UK More and more people are taking advantage of digital earning opportunities. Powerful platforms allow you to buy and sell currencies in the biggest financial market in the world. Efficient software makes trading online possible, but which programs are best? Here is an overview of the systems used by UK […]

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

The Rising Popularity of digital earning opportunities in the UK
MetaTrader

Online Trading Platforms in the UK

More and more people are taking advantage of digital earning opportunities. Powerful platforms allow you to buy and sell currencies in the biggest financial market in the world. Efficient software makes trading online possible, but which programs are best? Here is an overview of the systems used by UK residents today.

Digital Exchange Environment
The platform you pick is essentially your gate to the global currency exchange. This immense marketplace has a daily turnover of up to 5 trillion US dollars. A lion’s share of the volumes is traded by large institutions. Until the 1990s, they were the only players allowed. Today, as a retail trader, you may profit from exchange rate fluctuations just like big banks and businesses do.

It is now possible to place orders and reap profits using handy digital tools — without leaving your home. Today, when humans do so many things remotely, making money online is not uncommon. Well-timed currency exchanges can bring substantial profits. With an account from FXTM, a well-established broker, trading is easily accessible.

Two of the most popular platforms are MetaTrader 4 and MetaTrader 5. These products from MetaQuotes Software Corp. were released five years apart, but they are equally valuable. Which version you pick depends on your experience and goals as a trader. Here are the main distinctions.

MetaTrader

Advantages of MetaTrader

Despite the existence of competing products, MT4 and MT5 have not lost the appeal thanks to their wide functionality. Mobile versions of the products allow traders to monitor trends and exchange currency pairs on the go. Consider these attractive features:

  • wide range of instruments for trading (currencies, stocks, commodities, CFDs);
  • multiple visual aids (tables, line graphs, bar charts, etc);
  • quick execution of trades;
  • live streaming prices;
  • comprehensive compatibility;
  • access to finance news;
  • sound alerts.

The platforms work on Windows and Mac systems. Software for portable devices is compatible with Android and iOS. Both the Google Play Store and App Store have thousands of genuine user reviews.

The Fourth or the Fifth?
You may assume the later version is better by default. However, if this was the case, millions of traders would not be using MT4 today. The defining difference between the platforms lies in their languages and scope of application. MT4, which uses the MQ4 programming language, is best suited for currency trades. MT5 based on MQ5 has more advanced features for work with diversified portfolios.

Hence, there is little sense in using the fifth edition unless you wish to trade Contracts for Difference, stocks or commodities. Rather than becoming obsolete, MT4 remains the top choice for rookies and currency traders. The more sophisticated functions of MT5 are not always necessary.

Features Added to MT5
The layout of both programs is very similar, and some functions are shared. However, graphic analytics in MT5 is undeniably richer and more complex. There are more time frames, technical indicators, graphic objects, pending order types and execution modes. Here are some unique benefits that do not exist in MT4:

  • In-built economic calendar;
  • Depth of market;
  • Netting.
Metatrader

Different System Languages
The mentioned distinctions are based on the differences between the two program languages — MQ4 and MQ5. These are incompatible with one another and use specific algorithms. While MT4 offers position-based Forex trading, MT5 works with orders. Clients may not create or alter scripts unless they use the later version. Besides, each operation in MQ5 requires just one function, while several functions need to be used in MQ4.

Reasons For Popularity of MT4
The more advanced nature of MT5 is undeniable. Regardless, its predecessor is still the best environment for Forex neophytes. Thanks to its clear and relatively simple interface, rookies may gain experience without graphics overload. It is the top choice for those who are only beginning to delve into the world of Forex trading and do not go beyond the realm of currency pairs.

Categories: Finance, Innovation, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Seven Contracts Every Startup Should Be Aware Of
Legal
07/06/2023Seven Contracts Every Startup Should Be Aware Of

Starting a business is a challenging and exciting process, with founders expected to have a thorough understanding of numerous different legal processes. Startup founders need to be familiar with the different types of contracts they require to ensure their bu

Read Full PostRead - Eye Icon
Engineering Leadership Skills in High Demand
Leadership
09/12/2019Engineering Leadership Skills in High Demand

For experienced professionals with an MBA engineering qualification, the career options are endless, so what is it about engineering graduates that makes them stand out from the crowd?

Read Full PostRead - Eye Icon
First Quarter Update – Puyat Jacinto & Santos (PJS) Law
Legal
01/07/2016First Quarter Update – Puyat Jacinto & Santos (PJS) Law

PJS Law is Puyat Jacinto & Santos, a Philippine-based general professional partnership engaged in the practice of law.

Read Full PostRead - Eye Icon
Why Accountability is a Core Element of Workplace Culture and Leadership
News
20/03/2023Why Accountability is a Core Element of Workplace Culture and Leadership

It’s incredibly difficult to develop a successful business and a thriving team without accountability, yet so many businesses neglect to develop this aspect of their workplace culture. If no-one (even in the leadership team) takes ownership of their responsi

Read Full PostRead - Eye Icon
Extraordinary Achievements
Finance
23/10/2018Extraordinary Achievements

Drawing on more than an aggregated 100 years of local investment experience in the Brazilian market, Prudent Group, through its innovative Prudent Investment Fund (PIF), offers investors a unique opportunity to move into this dynamic market. Having recently be

Read Full PostRead - Eye Icon
Global AI and Automation Excellence from India’s Finest Software Company
Innovation
08/01/2025Global AI and Automation Excellence from India’s Finest Software Company

HCLSoftware, an innovative global company, offers a business-focused automation solution that empowers enterprises with advanced, intelligent automation technology.

Read Full PostRead - Eye Icon
Compliance Management Essentials for Banks
News
28/06/2024Compliance Management Essentials for Banks

Regarding compliance, banks must uphold a higher standard than other business organizations. Simply put, banks carry the burden of much more stringent regulations that (if ignored) can result in significant monetary penalties. Let’s take a closer look at

Read Full PostRead - Eye Icon
Leader in Digital Workflow Solutions for High Acuity Settings
Innovation
01/11/2016Leader in Digital Workflow Solutions for High Acuity Settings

Founded in 1991, S·CAPE GmbH is a global leader in medical device integration and digital operating room workflow solutions.

Read Full PostRead - Eye Icon
React Best Practices 2023: What Every Developer Must Do
News
23/06/2023React Best Practices 2023: What Every Developer Must Do

A well-liked JS library for creating user interfaces is React. Developers must keep current on the most recent best practices to build effective and maintainable code as technology continues to advance.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow