MT4 or NetTradeX? Which one has the better conditions?
Let’s compare the conditions of MT4 and NetTradeX.
Choosing the Best Trading Platform for yourself is very important.
The trading environment and user-interface can affect your investment result, and eventually you will want to choose the most suited platform in terms of usability and visual.
This time, let’s compare the world’s popular trading platform MetaTrader4 and the advanced new trading platform NetTradeX.
IFC Markets offers both of the trading platforms together, and here is the comparison of specs of each trading account.
| NetTradeX Standard | NetTradeX Beginner | MT4 Standard | MT4 Micro | |
| Account Type | Forex | Forex | Forex | Forex |
|---|---|---|---|---|
| Trading Platform | NetTradeX | NetTradeX | MT4 | MT4 |
| Minimum Deposit | $100 | $1 | $100 | $1 |
| Accout Currency | EUR JPY USD | EUR JPY USD | EUR JPY USD | EUR JPY USD |
| Execution Type | DD (Instant) |
DD (Instant) |
DD (Instant) |
DD (Instant) |
| Leverage | 200:1 | 400:1 | 200:1 | 400:1 |
| Spread Type | Fixed | Fixed | Fixed | Fixed |
| Minimum Spread | from 1.8 pips | from 1.8 pips | from 1.8 pips | from 1.8 pips |
| Trading Commission | N/A | N/A | N/A | N/A |
| Minimum Trading Lots | 0.1 | 0.001 | 0.1 | 0.01 |
| Maximum Trading Lots | 10000 | 10000 | 10000 | 10000 |
| Decimal Pricing | 5 | 5 | 5 | 5 |
| Margin Call % | 10% | 10% | 10% | 10% |
| Stop Out % | 10% | 10% | 10% | 10% |
| EA (Automated Trading) | Not Allowerd | Not Allowerd | Not Allowerd | Not Allowerd |
| Scalping | Allowed | Allowed | Allowed | Allowed |
| Hedging | Allowed | Allowed | Allowed | Allowed |
| News Time | Not Allowerd | Not Allowerd | Not Allowerd | Not Allowerd |
| PAMM/MAM | N/A | N/A | N/A | N/A |
| Islamic (Swap Free) | Optional | Optional | Optional | Optional |
| Interest on Margin | Up to 7% annually | Up to 7% annually | Up to 7% annually | Up to 7% annually |
When it comes to trading conditions, both of the trading platforms offer almost the same conditions.
But NetTradeX lets you trade fro 0.001 lot which equals to 100 units.
You can trade efficiently and manage your funds more precisely by using High Leverage of 1:500 and this small amount of trading volume.
NetTradeX comes with many unique features and trading tools which MT4 doesn’t have.
Find out more of their trading platforms in the official website!
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