MotiveWave vs MetaTrader

Struggling to choose between MotiveWave and MetaTrader? Both products offer unique advantages, making it a tough decision.

MotiveWave is a Gaming Software solution with tags like charting, trading, backtesting, stocks, futures, forex, options.

It boasts features such as Advanced charting with 100+ indicators, Automated trading strategies and backtesting, Market scanning and screening, Trading directly from charts, Supports stocks, futures, forex and options, Customizable layouts and workspaces, Alerts and notifications and pros including Powerful charting and analysis tools, Backtesting for strategy development, Customizable and flexible platform, Good value for the features offered.

On the other hand, MetaTrader is a Finance product tagged with forex, stocks, technical-analysis, charting.

Its standout features include Advanced charting tools, Algorithmic trading, Backtesting capabilities, Expert Advisors (EAs), Virtual Private Servers (VPS), and it shines with pros like User-friendly interface, Wide range of technical indicators, Supports automated trading, Available on desktop, web, and mobile.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

MotiveWave

MotiveWave

MotiveWave is a charting and trading platform aimed at active traders, offering advanced charting capabilities, trading strategies, backtesting, and more. It supports stocks, futures, forex and options trading.

Categories:
charting trading backtesting stocks futures forex options

MotiveWave Features

  1. Advanced charting with 100+ indicators
  2. Automated trading strategies and backtesting
  3. Market scanning and screening
  4. Trading directly from charts
  5. Supports stocks, futures, forex and options
  6. Customizable layouts and workspaces
  7. Alerts and notifications

Pricing

  • Free trial
  • Subscription-based

Pros

Powerful charting and analysis tools

Backtesting for strategy development

Customizable and flexible platform

Good value for the features offered

Cons

Steep learning curve

Limited customer support options

Mobile app lacks some desktop features


MetaTrader

MetaTrader

MetaTrader is a popular trading platform used for online trading in the forex, CFDs, futures, and stock markets. It offers advanced charting tools, backtesting capabilities, algorithmic trading, Virtual Private Servers (VPS), and Expert Advisors (EAs).

Categories:
forex stocks technical-analysis charting

MetaTrader Features

  1. Advanced charting tools
  2. Algorithmic trading
  3. Backtesting capabilities
  4. Expert Advisors (EAs)
  5. Virtual Private Servers (VPS)

Pricing

  • Free
  • Subscription-Based

Pros

User-friendly interface

Wide range of technical indicators

Supports automated trading

Available on desktop, web, and mobile

Cons

Only works with brokers that support MetaTrader

Limited customization options

Less securities available compared to other platforms