Forex traders always want to trade with a good and reliable trading platform. There are many online forex trading platforms, including MT4, MT5, cTrader, and so on. MT4 is the most popular trading platform in forex trading. MT4 gives traders access to view charts, see live prices, and place orders with their broker. If you are considering using Sway Markets forex broker, you may be wondering if it supports the MT4 trading platform.
The answer is “NO”; Sway Markets does not support MT4. Instead, it uses its own trading platforms Sway Charts, and Sway Charts Pro. In this blog post, we will explore the trading platform used by Sway Markets, its pros, cons, and alternatives of Sway Markets, and discuss the implications of this choice on the trading experience
Does Sway Markets Work With MT4?
No, Sway Markets does not work with MetaTrader 4 (MT4). The platform has chosen to implement its own trading platform named Sway Charts. Sway Charts is A comprehensive suite of meticulously crafted tools to assist both beginners and seasoned traders in making swift and precise market decisions
Sway Markets at a Glance
- Founded Year: 2023
- Location: St Vincent & Grenadine
- Minimum Deposit: $10
- Maximum Leverage: 1:500
- Regulations: None (Unregulated Offshore Broker)
- Trading platform: WebTrader, iOS, Android,Windows, MAC
- Account Types: VIP, ECN, No Commission, Islamic
- Trading Style: Scalping, Hedging, Swing Trading, Day Trading, Automated Trading
- Payment Options: BTC and USDT
- US Traders: Accepted
What Trading Platforms Does Sway Markets Use?
Sway Markets uses the Sway Charts, and Sway Charts Pro. Sway Charts is developed by Sway Markets
Sway Markets Alternatives for MT4 Platforms
Sway Markets is a popular offshore broker. However, there are other brokers that can serve as alternatives to Sway Markets. Some of Sway Markets alternatives offer MT4 Platforms.
Frequently Asked Questions (FAQs)
What is Sway Markets?
Founded in 2023, Sway Markets is an online forex and CFD broker. It is an unregulated forex broker that offers 100+ instruments including Forex, Cryptos, Metals, Indices, Stocks & Commodities. The broker allows all trading styles including scalping, hedging, news trading, etc. The maximum leverage of Sway Markets is as high as 1:500.
What is the MT4 Trading Platform?
MetaTrader 4, or MT4, is a popular electronic trading platform used by online retail forex traders. Developed by MetaQuotes Software and launched in 2005, it’s widely licensed to forex brokers for their clients’ use. You can use more than 2000+ indicators on the MT4 Trading platform
What are the alternatives to MT4 Trading Platforms?
MT4 is the most popular trading platform in the forex trading world. However,there are several trading platforms that serves as alternatives to MT4. They include.
- MT5 (MetaTrader5): Released in 2010, MT5 is the successor of MT4. Metatrader 5 offers more timeframe, more control, and advanced technology.
- Ctrader: Known for its user-friendly interface and advanced charting tools.
- Tradingview: A web-based platform appreciated for its social trading features and customizable charts.
- Etoro Platforms: Etoro offers a range of trading platforms, known for its social trading network.
Final Verdict :
Sway Markets does not use MetaTrader 4 as its trading platform. It offers It offers Sway Charts and Sway Charts Pro trading platforms.
Sway Charts is a proprietary trading platform developed by Sway Markets. Designed to help both beginner and intermediate traders, it offers a user-friendly interface along with advanced charting tools and a wide range of technical indicators.
Disclaimer: Trading Forex and CFDs comes with the risk of losing your trading capital. Furthermore, trading with unregulated brokers like Sway Markets puts your funds at higher risks
