Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Next Generation vs MetaTrader 4

Compare our award-winning Next Generation platform's features* with the MetaTrader 4 platform.
Tailor your preferred platform to suit your trading strategy.

Account details
	Next Generation platform (CFDs and spread betting)	MetaTrader 4 platform (CFDs only)

Markets
Number of instruments	CFDs and spread betting	CFDs only
Number of instruments	Over 10,000	53
Forex	Yes (330+)	Yes (30)
Indices	Yes (80+)	Yes (17)
Cryptocurrencies	Yes (14) – professional clients only	No
Commodities	Yes (100+)	Yes (7)
Shares and ETFs	Yes (9,500+)	No
Treasuries	Yes (50+)	No
Countdowns	Yes – professional clients only	No

Account properties
Account properties	Next Generation	MetaTrader 4
100% automatic execution of orders without the mediation and intervention of the dealer	Yes	Yes
Minimum payment	No	No
Free account maintenance	Yes	Yes
Account currency	CHF,EUR,GBP,NOK,SEK,USD	CHF,EUR,GBP,NOK,SEK,USD
Individual account	Yes	Yes
Corporate account	Yes	No
CMC Pro offer	Yes	Yes
Transaction discounts for active customers	Yes (professional clients only)	Yes (professional clients only)
Maximum leverage	30:1	30:1
Protection against negative balances	Yes (retail clients only)	Yes (retail clients only)

Available orders	Next Generation	MetaTrader 4
Market order	Yes	Yes
Limit and stop-entry orders	Yes	Yes
Stop-loss and take-profit orders	Yes	Yes
Trailing stop-loss orders	Yes (also active after switching off the platform)	Yes (must logged in to the platform)
Guaranteed stop-loss orders	Yes	No
Boundary orders (helps prevent slippage)	Yes	No
Access market depth via price ladder	Yes	No

Position size examples
Position size examples	Next Generation	MetaTrader 4
Transaction unit	Unit (equal to the price of the instrument in the base currency)	Lot (according to specification)
Minimum trade size for EUR/USD	400 EUR (= 0.004 lot on MT4)	0.01 lot (= 1000 EUR on Next Generation)
Maximum trade size for EUR/USD	EUR 30 million (= 300 lots on MT4)	40 lots (= EUR 4 million for Next Generation)
Minimum step size for EUR/USD	1 EUR (= 0.00001 lot on MT4)	0.01 lot (= 1000 EUR on Next Generation)
Minimum trade size for Germany 30	0.01 units (= 0.004 lot on MT4)	0.01 lot (= 0.25 units on Next Generation)
Maximum trade size for Germany 30	1,500 units (= 60 lots on MT4)	5 lots (= 125 units for Next Generation)
Minimum step size for Germany 30	0.0001 units (= 0.000008 lot)	0.01 lot (= 0.25 units on Next Generation)
Minimum trade size for Gold	0.4 units (= 0.004 lot on MT4)	0.01 lot (= 1 unit on Next Generation)
Maximum trade size for Gold	7,500 units (= 750 lots on MT4)	10 lots (= 1000 units for Next Generation)
Minimum step size for Gold	0.001 units (= 0.00001 lot on MT4)	0.01 lot (= 1 unit on Next Generation)

Platform properties and tools
Platform properties and tools	Next Generation	MetaTrader 4
Requires installation	No	Yes
Personalise platform appearance	Yes	Yes (limited)
Personalise order properties	Yes	No
Trade using amounts or units	Yes	No
Choice of forced closure method (close-out)	Yes (standard; last in, first out; largest position margin first; largest position loss first)	No (only ordinary)
Choice between netting and hedging	Yes	No (only hedging)
Advanced instrument search tools	Yes	No
List of favourite instruments	Yes	Yes
Custom-stop triggering	Yes (at buy, sell or mid-price)	No (only on the right side of the spread)
Advanced charting package	Yes	Yes
Built-in indicators and drawing tools	Yes	Yes
Parameters of indicators can be edited	Yes	Yes
Ability to create your own indicators	No	Yes
Automatic trading	No	Yes (Expert Advisors)
Pattern recognition scanner	Yes (candle and line)	No
Market sentiment tool	Yes	Yes
1-click transactions	Yes	Yes
Multi-interval analysis	Yes	Yes
Offline alerts	Yes (free SMS, email, push, inside platform/price, calendar, order fulfilment)	Yes
Economic calendar	Yes (Reuters)	Yes
Fundamental analysis reports of Morningstar Research	Yes	No
Reuters news	Yes	No
Built-in market comments	Yes	No
Price bar (ticker)	Yes	No
Direct access to educational and analytical materials	Yes	Yes

*Awarded Best Overall Satisfaction, Best Telephone Customer Service, Best Email Customer Service, Best Platform Features, Best Mobile/Tablet App and Best Education Materials/Programmes, based on highest user satisfaction among spread betters, CFD and FX traders, Investment Trends 2019 UK Leverage Trading Report.

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