SmarTrader vs MT4

Advantages for Retail Traders
Built-in Time Scales
SmarTrade have 16 time scales:
Ticks 1M 3M 5M 10M 15M 30M 1H 2H 3H 4H 6H 8H 1D 1W 1MT
16 9 detail
Built-in Indicators
SmarTrade have 40 built in indicators + unlimited custom indicators that can be created use CLI languages such as C#, VB, A#, F# and JavaScript
40 36 detail
Chart Styles
User can select chart style and he also can customize any chart properties.
5 3 detail
Chart Types
SmarTrade also include Renco, Points & Figures, and Three Line Break charts.
7 4 detail
Instant One Click Trading
Trader can turn on One Click Mode that allow him instantly to open or to close a position.
Yes! No detail
Build-in Economic Calendar
where trader can see also calendar events directly on the chart to better understand how and why price was changed.
Yes! No detail
Popularity Rank Window
is a rank based on the most popular symbols, executed by the top profitable trades
Yes! No detail
Dockable Windows
allows to create full customize interface. User can put a window inside other window.
Yes! No detail
Multi-screen Support
User can use several monitors to wach on market and trade.
Yes! No detail
Integrated Trading Contests
with ability adjustmant contest period weekly or monthly.
Yes! No detail
Trade Board
The window auto adjustable and have symbol filter.
Yes! No detail
Fully-Customizable Tabbed Interface
Platform suppot 10 tabs that allow traders quickly switch screens and also support profiles and templates.
Yes! No detail
Time zone Adjustment
Very convinian function to convert time. Support 11 time zone with local time mode.
Yes! No detail
Number of Columns Adjustment
Trader have ability to hide some colunms.
Yes! No detail
Tick Chart
is one of our innovative inventions. Traders also call it the "Forex Heart Beat Chart", and soon you will understand why.
Yes! No detail
Chart's Adjustable Indicator's parameters
It's very convinient function for visual algorithm optimisation
Yes! No detail
Price Channel
hightlight dayly and weekly rates.
Yes! No detail
Trend Indicator
shows colors last candels.
Yes! No detail
Supported Coding Languages
MT4 support only MQL4, our platform support all 10+ .net CLI languages
C#, VB, JavaScript MQL4

Advantages for Money Managers
Integrated Money Manager
Platorm support Percent Allocation Management Module (PAMM) and LAMM (Lot Allocation Management Module). MT4 offer PAMM service as additonal service for additional cost.
Yes! No
Trader Interface. Multi Account Manager (MAM)
Our platform have integreted MAM with ability to group accounts and trader also can open and close positions with one-click. Money managers are given the ability to trade multiple accounts with one-click execution, and Investors can log into their trading platform and view all open positions in real-time, P/L and trading history any time.
Yes! No detail

Advantages for IBs (Introdicing Broker)
Tree Levels Introducing Broker (IB) Support
Our platform support instant commission calculation so IB can see it commission in real time via platform or via web interface. SmarTrade also support tree level commission calculation that it is the additional way to make money with our system to provide brocarage service as traditional IB and as an affiliate partner.
Yes! No detail
IB Commission Reports
Detail and Agreegate reports by days / month / year / traders.
Yes! No detail

Back Office / Admin
Trader Panel / Cabinet
allow traders to manage his acount via internet.
Yes! No detail
Web Trade
web interface allow to see and close open positions.
Yes! No detail
Direct Deposit
web interface allow to make direct deposit.
Yes! No detail
Issue tracking system /Trouble Ticket System
the system allow to manages and maintains lists of issues. It's used support team and clients.
Yes! No detail
Admin Panel / Terminal to Manage IB Accounts
MT4 have no admin terminal to manage IB accounts
Yes! No
Flexible Report System
SmarTradeuse advantages of SQL server to create different types of reports such as agreegate reports by days, month, year, traders accounts and so on. Our reporting system allow to make analysys and collect actual statistic in real time.
27 Basic

Trading Server
Tick Management
Bid and Ask Ticks in our system are asynchroneous. Ticks come simultaneously in MT4. This is not how the market operates.
Yes! No
Instant Order Execution
MT4 requere setup order execution delay 2-3 sec because Expert Advazer allow to open position by old rates if trader relogin.
Yes! No
Connectivity
Integrated FIX protocol to connect to Curinext and major banks/LPs. Plugins (bridges) are required to convert industry standard protocols to the MT4 format with multiple limitations.
Yes! No
Database Limitation
MT4 use files to keep orders and users data. When order's file became more that 2 GB you'll have a problems such as orders execution dalay, restart Trading service, connection problems. It's why you need to buy additional licences and additional hardware.
SQL Files
Archive Management
MT4 automatically transfer inactive trader to archive (anothe file) and admin can manually to restore the traders that take a time. I our platform all clients available any time because SmarTradeuse SQL database.
Yes! No
IB Management
You need to create different group for different types of IB in MT4. There are 512 group limitation in MT4. In real life it's not convenient and sometime not enough. Another MT4 issue is that if you edit a group that have open position you need to restart trading service. SmarTradeuse different IB management model. You can create unlimit settings for individual IB or department. As result you don't need to create lot of groups.
Yes! No
Dealer Intervention
There is no need for Dealing Desk functionality in our platform. Manual or automated, dealer intervention functionality is always there in MT4.
Yes! No
Total cost of ownership (TCO) and Latency
MT4 servers are commonly hosted inhouse or at a local data center, which adds additional costs of ownership and some latency. Our system is a PaaS (Platform as a Service)
Yes! No
Easy Spread Management
In most cases in MT4 to manage spread you need to copy symbols list. In our platform you can change spread for a department or for traders.
Yes! No
Integrated Monitorin System
is a alerting and analysis tool for track inner prosesses that provides realtime performance data on the trading and feed services as well as allow quickly see the health of trading platform over time.
Yes! No

Services Comparison
Hosting
Our service include hardware and hosting arounf the world. MT4 requeried to buy hardware and setup servers in a datacenter.
Yes! No
Issue Tracking System
Integrated Issue/Trouble Ticket System
Yes! No
Custorem Support
SmarTradeoffer customer support in 10 countries
Yes! No
Marketing & sales
Yes! No

Price Comparison
Platform
$50,000 $100,000
Revenue Shared
You need to buy a new MT4 licence for appoximatly each 15,000 trader.
$1 per mln
Monthly Technical Support
$1500 $1500
Money Management system
included $20,000
IBs Management
included $5,000
Virtual Dealer
included $5,000
Feed Bridges
included $5,000
Monthly Hardware, Hosting, Bandwith
included $2,000
Admin and Development Team
You need to spend monthly some money for administartion and development.
included $10,000
Total
$50,000 $137,000
Every Year Support
$18,000 $138,000