SmarTrader vs MT4
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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
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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
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Chart Styles
User can select chart style and he also can customize any chart properties.
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Chart Types
SmarTrade also include Renco, Points & Figures, and Three Line Break charts.
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Instant One Click Trading
Trader can turn on One Click Mode that allow him instantly to open or to close a position.
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Build-in Economic Calendar
where trader can see also calendar events directly on the chart to better understand how and why price was changed.
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Popularity Rank Window
is a rank based on the most popular symbols, executed by the top profitable trades
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Dockable Windows
allows to create full customize interface. User can put a window inside other window.
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Multi-screen Support
User can use several monitors to wach on market and trade.
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Integrated Trading Contests
with ability adjustmant contest period weekly or monthly.
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Trade Board
The window auto adjustable and have symbol filter.
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Fully-Customizable Tabbed Interface
Platform suppot 10 tabs that allow traders quickly switch screens and also support profiles and templates.
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Time zone Adjustment
Very convinian function to convert time. Support 11 time zone with local time mode.
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Number of Columns Adjustment
Trader have ability to hide some colunms.
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Tick Chart
is one of our innovative inventions. Traders also call it the "Forex Heart Beat Chart", and soon you will understand why.
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Chart's Adjustable Indicator's parameters
It's very convinient function for visual algorithm optimisation
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Price Channel
hightlight dayly and weekly rates.
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Trend Indicator
shows colors last candels.
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Supported Coding Languages
MT4 support only MQL4, our platform support all 10+ .net CLI languages
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C#, VB, JavaScript |
MQL4 |
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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.
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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.
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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.
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IB Commission Reports
Detail and Agreegate reports by days / month / year / traders.
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Back Office / Admin |
Trader Panel / Cabinet
allow traders to manage his acount via internet.
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Web Trade
web interface allow to see and close open positions.
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Direct Deposit
web interface allow to make direct deposit.
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Issue tracking system /Trouble Ticket System
the system allow to manages and maintains lists of issues. It's used support team and clients.
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Admin Panel / Terminal to Manage IB Accounts
MT4 have no admin terminal to manage IB accounts
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Dealer Intervention
There is no need for Dealing Desk functionality in our platform.
Manual or automated, dealer intervention functionality is always there in MT4.
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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)
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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.
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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.
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Services Comparison |
Hosting
Our service include hardware and hosting arounf the world.
MT4 requeried to buy hardware and setup servers in a datacenter.
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Issue Tracking System
Integrated Issue/Trouble Ticket System
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Custorem Support
SmarTradeoffer customer support in 10 countries
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Marketing & sales
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Price Comparison |
Platform
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$50,000 |
$100,000 |
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Revenue Shared
You need to buy a new MT4 licence for appoximatly each 15,000 trader.
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$1 per mln |
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Monthly Technical Support
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$1500 |
$1500 |
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Money Management system
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included |
$20,000 |
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IBs Management
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included |
$5,000 |
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Virtual Dealer
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included |
$5,000 |
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Feed Bridges
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included |
$5,000 |
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Monthly Hardware, Hosting, Bandwith
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included |
$2,000 |
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Admin and Development Team
You need to spend monthly some money
for administartion and development.
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included |
$10,000 |
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Total
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$50,000 |
$137,000 |
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Every Year Support
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$18,000 |
$138,000 |
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