Skip to content
F forex-basics.com Over 400 answers · Forex in plain English
Basics ▾
Market basics 30 Market participants 9 Technical concepts 30 Sessions & market hours 12
Technical
Fundamental
Pairs
Strategies ▾
Trading strategies 75 Practical workbench 36
Brokers ▾
Choosing a broker 66 Platforms & tools 14
Psychology ▾
Trader psychology 38 Risk management 24
Taxes
Ask a Forex question…

Platforms & tools

14 answers

MT4, MT5, cTrader, TradingView, Expert Advisors, VPS — what you actually need at the start and later.

  1. 01MetaTrader 4 — still the most popular forex platform
  2. 02MetaTrader 5 — what's better than MT4?
  3. 03cTrader vs MT5 — which platform is better for scalper?
  4. 04TradingView — best technical analysis tool?
  5. 05Expert Advisors (EA) — automated trading in MT4/MT5
  6. 06NinjaTrader vs MT5 — which platform for whom?
  7. 07Mobile trading apps for forex — an honest guide
  8. 08TradingView or MetaTrader 5 — which platform for a beginner trader in 2026
  9. 09Forex Tester vs MT Strategy Tester — which backtest for whom?
  10. 10Do stop-loss, take-profit and EAs work when MT4 is closed?
  11. 11thinkorswim — Charles Schwab Options Platform from a Non-US View
  12. 12NinjaTrader — A Platform for Futures and Market Simulation
  13. 13MultiCharts — Professional Backtesting and Algorithmic Trading Platform
  14. 14ATAS — Order Flow and Volume Profile Platform in 2026
⚠
Risk warning · YMYL

CFDs and Forex trading are complex instruments and carry a high risk of losing money rapidly due to leverage. ESMA reports show that 74–89% of retail accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Content on forex-basics.com is for educational purposes only and does not constitute investment advice under MiFID II or any other applicable regulation. Consult a licensed financial advisor before making any investment decision.

F
forex-basics.com

The Forex market explained simply. Over 400 answers written and edited by a Forex market analyst with 20+ years in finance.

What we do NOT do: We do NOT sell courses. We do NOT run signals. We do NOT manage other people's money. We only do education.

About us

  • About
  • Who we are
  • Editorial standards
  • Review methodology
  • Corrections policy

Education

  • Glossary
  • Basics
  • Technical analysis
  • Fundamental analysis
  • Currency pairs
  • Sitemap

Community

  • Ask a question
  • Newsletter

Our projects

  • MyBank.pl
  • ForexMechanics.com

Contact

  • Contact
  • Editorial team: [email protected]
  • [email protected]

Community

Standards & legal

  • Affiliate disclosure
  • Investment disclaimer
  • Privacy policy
  • Cookies policy
  • Terms

Some broker links are affiliate links. We earn a commission on referrals, but it does not affect our review — we have reviewed brokers since 2007 using the same methodology.

Publisher details

DragonFly · Jarosław Wasiński
ul. Srebrna 47, 42-612 Tarnowskie Góry, Poland
TAX ID (NIP): PL6452287374 · REGON: 278218025
Publisher of MyBank.pl portal since 2004

By the numbers

466 answers · 1 author · Writing about Forex since 2007

Site audited: May 19, 2026

© 2026 forex-basics.com · All rights reserved Privacy policy · Cookies policy · Terms · Affiliate disclosure