MetaTrader is an online trading platform for the Forex market, designed by the MetaQuotes Software. MetaTrader has been around on Windows PC since 2005, and most traders consider it the best trading platform ever designed. Android and iOS also have their own versions for those who need them.
However, standalone apps are not the end-all-be-all. There are a lot of traders running Linux, Mac OS, Chrome OS, and other systems that are not officially supported. And for them, MetaQuotes released a new web-based MetaTrader Web – or, as the audience quickly started calling it, WebTrader.
Universal support. Use MetaTrader online on Gentoo, Chrome OS, or even FreeBSD – as long as your system has a modern web browser, MetaTrader Web will work.
Of course, you are missing out on some things. For example, you can not use expert advisors with the MetaTrader Web version. They were removed because a Web application has only a limited amount of resources and the trading robots tend to use them rather recklessly. So, if your trading strategy heavily depends on the expert advisors, you might have to look into MetaTrader 4 PC or MetaTrader 5 PC.
Most traders are using Windows PCs that can easily run MetaTrader 4/5 PC – a more potent and powerful trading platform. However, there are times when MetaTrader Web is the only option:
On the other hand, there are cases when using WebTrader is not recommended. For example, if you have a bad Internet connection, you will have fewer lags and a better experience with MetaTrader 4/5 PC or even mobile versions. The reason is that WebTrader needs to download and upload slightly more data.
Overall, MetaTrader Web is a tool for the edge-cases. It is better as an additional tool through and through, and while you can use it full-time, you’d be far better off with a desktop solution. Still, once you are stuck in one of those edge cases, you realize just how awesome MetaTrader Web is.
JustMarkets supports MetaTrader Online with both demo and live accounts. You can use it as your primary trading platform or in conjuncture with a desktop or mobile solution.
You will need to create a JustMarkets account before you can use the WebTrader. In order to create one, sign up.