Need advices on trading software

GlennZhao

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Hi guys,

I am totally new in trading. I plan to do intraday spread betting on Forex and major Indices. Someone recommend ShareScope, and I heard MetaTrader 4 is better. I did a little bit research, including the t2w awards. It looks like MetaTrader 4 has better real time data feed, and is better for intraday trading. But when I look into MetaTrader’s website http://www.metaquotes.net/en, they say MetaTrader 4 is designed to provide brokerage services to customers in Forex, CFD and futures markets. My questions are:
1. Is MegaTrader 4 suitable for Indices and equities too?
2. As a trader, not brokerage, can I use MetaTrader 4?

I have tried to look for the answers through the forum, but I couldn’t find them. Sorry if they have already been answered, and thanks in advance for anyone who answers my questions.
 
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