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Extensive educational section

Trading platforms: from first entry to confident operation

Trading with an online broker is conducted through a platform: it receives quotes, displays charts and the account, sends orders to the broker and helps monitor positions. We will systematically go through MetaTrader 5, MetaTrader 4, cTrader and TradingView — without omissions or unclear terms.

Basics

How trading works through the platform

The platform is the interface between the trader and the trading account at the broker. It is not the broker itself and usually does not determine the spread, commission, leverage, or instrument set: these parameters are set by the broker and the specific account type.

Workflow diagram of the trading team from analysis and risk calculation to order entry and position monitoring
The platform organizes the workflow, but the account terms and actual execution are determined by the broker.

Open an account

The broker creates a trading login and assigns a server. Demo and real accounts are separate credentials.

Connect the platform

Install the application or open the web version, then log in with your login, password, and server.

Place an order

You select the instrument, direction, volume, order type, Stop Loss and Take Profit.

The broker executes

The platform sends the order to the broker. Price and execution quality depend on the market and account conditions.

The main difference: The chart helps make a decision, the platform sends the command, and the broker executes it under the trading account’s terms. Therefore, the same interface across different brokers may display different symbols, spreads, commissions, and execution modes.

Automation

Each platform has its own ecosystem

MT4 uses MQL4, MT5 — MQL5, cTrader — cBots and Automate, TradingView — Pine Script. Code and settings cannot be considered interchangeable: first study the specific platform's documentation and test the algorithm on a demo account.

How to choose

Don't just look at the appearance

CriterionWhat to checkWhy this is important
Broker and accountDoes the chosen broker support the platform for your region and account type?A login for one platform usually cannot be used on another without a separate account.
ToolsForex, metals, indices, CFD stocks, futures or other desired markets.The set of symbols is determined by the broker, not the software name.
Manual tradingOrder placement speed, graphical trading, DOM, mobile app.The workflow should reduce the likelihood of error, not add to it.
AutomationMQL4, MQL5, C#/Python in cTrader or Pine Script in TradingView.Programs from different ecosystems cannot be transferred with a single click.
QuotesData source, latency, trading sessions and broker symbol.The analytical chart and price in the trading ticket may come from different sources.
DevicesWindows, macOS, Web, Android, iOS and workspace synchronization.Features of the desktop, web, and mobile versions may differ.

Our brokers

Which platforms to start with

Actual availability depends on the legal entity, country, product and account type — check it before registering.

BrokerPlatformsWhat to learn with us
TickmillMT4 and MT5; additional options may depend on the product and region.MT5, MT4, comparison.
IC MarketsMT4, MT5, cTrader and TradingView; TradingView connects via cTrader integration.cTrader, TradingView, MT5.
FP TradingMT4, MT5 and cTrader; product and platform availability depends on the region.MT5, MT4, cTrader.

First, explore the platform on a demo account.

Check the symbol lookup, contract specification, order creation and modification, S/L and T/P, history and log. After that, compare brokers and the platforms available to them.

CFD and margin trading involve high risk.

Correct order

Practical route

  1. Select the platform supported by your broker and the required account type.
  2. Open a demo account and log in using the exact server name.
  3. Add the required symbols and read the specification of each instrument.
  4. Configure charts, time zone, watchlists, and notifications.
  5. Learn how to create, modify, and cancel each order type.
  6. Calculate the position size and set a risk plan before submitting the order.
  7. Check the trade history and error log.
  8. Only after consistent practice decide whether a live account is needed.

Official sources

Where to check changes

We explain platforms in plain language, and we verify technical changes against developer documentation and broker pages.

Go to the platform or broker

Before registering, check the country of service, legal entity, available platforms, and the terms of the specific account.