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Mitrade

Mitrade is a next-generation forex trading platform that retains the familiar look and feel of Mitrade Trading while offering advanced features. With Mitrade Trading, you can trade forex, commodities, and indices using a full set of flexible trading orders, all while having access to our liquidity providers' market depth. This allows you to see where the big orders are on the price ladder, so you can plan your trades accordingly.

Mitrade was designed to have broader applications in contract-for-difference (CFD), such as single stocks, futures and options trading.

Mitrade Trading WebTrader MAM
Mitrade MetaTrader 4
Timefames 21 8
Technical Indicators 38 30
Graphical Objects 44 31
Types of pending order 6 4
Depth of Market Shown √ X
Economic Calendar √ X
Hedge √ X
Strategy Tester Multi-threaded, + Multi-currency, + Real ticks Single thread

Mitrade Trader IOS

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Mitrade Trader Windows

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Mitrade Trader Android

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Mitrade V.S. MQL4

Programming Language

Mitrade uses a programming language called Mitrade, which is different from the MQL4 language used in MetaTrader 4. One exciting aspect of Mitrade is that it allows for "black box" programming. This means that it is easier to program and will likely provide a better framework for users and developers of trading robots and other expert advisors.

Backtesting

Mitrade has two key programming-related advantages over MetaTrader 4. Firstly, its backtesting functions, which allow you to test programmed trading strategies, execute at a much faster speed. This is a valuable feature for traders who need to run a large number of backtests, as it can save them a significant amount of time. Additionally, Mitrade Trading allows for simultaneous multi-currency pair backtesting. When combined, these features can expedite backtesting procedures immensely.

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Risk Disclosure: Derivatives are traded over-the-counter on margin, which means they carry a high level of risk and there is a possibility you could lose all of your investment. These products are not suitable for all investors. Please ensure you fully understand the risks and carefully consider your financial situation and trading experience before trading. Seek independent financial advice if necessary before opening an account with Mitrade.