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The Killer of MetaTrader, an Ass-kicking Trading Platform

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Is it true that brokers consider MT no longer cutting-edge enough for their changing needs, and are switching over to other platforms. If, so, what are the reasons?

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Guest Tresor

MT5 is light years better than MT4. More timeframes were added. But I think it's not enough for MT to survive in a long run.

 

The competition is catching up Metatrader as far as platform propagation among brokers goes. An example (rebranded MultiCharts): Strategy Trader | FXCM

 

Not to mention the excellent job done by PT Multistation among brokers. An example (rebranded PT Multistation): RCG: Trading Platforms

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The reason the bookies like MT is the server side technology, it allows for automating various types of 'shenanigans' if you are that way inclined :). Ironically while the charting is not bad, order entry (arguably it's prime function as far as the bookies are concerned) is absolutely lousy (imho).

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