Free Trading Platform for Discretionary Trading and Technical Analysis
MultiCharts Discretionary Trader was made for traders that need professional charting, high-quality manual trading tools, chart trading, Depth of Market trading window (DOM), and entry and exit automation, but don’t need custom indicators or automated trading. Built-in indicators, drawing tools and different chart types can help you pinpoint market movements, and you can trade directly from the charts.
You can use this free trading platform for as long as you wish and trade through several brokers at the same time. We don’t charge commission on the trades and there are no hidden fees. Top-notch chart analysis, instant market scanning, and market data playback are at your fingertips—absolutely free.
Trading Software for Charting, Backtesting and Multi-Broker Automated Trading
MultiCharts is an award-winning trading platform. Whether you are a new trader or a professional, MultiCharts has features that may help you achieve your trading goals. High-definition charting, built-in indicators and strategies, one-click trading from chart and DOM, high-precision backtesting, brute-force and genetic optimization, automated execution and support for EasyLanguage scripts are all key tools at your disposal.
Freedom of choice has been the driving idea behind our MultiCharts and you can see it in the wide choice of supported data feeds and brokers. Choose your trading method, test it, and start trading with any supported broker you like—that's the advantage of MultiCharts.
American Company using Russian developers and Russian support.
this is not free
Is it free?
Useless for backtesting as there is no realistic multi-currency support available.
No Portfolio trading possible. Very slow data import. etc
You can't even be sure that the PL version will be supported/updated in near future as they have published an even more trashy C# version recently that is not compatible with other version. It seems they have no idea which road they want to go. They seem like rabbits running left and right without clear direction. Have I already mentioned that their software is overpriced junk? Yes? OK.
Now with CQG?!
Multithreading, 64 bit, precision tick sequencing
MultiCharts makes full use of my system hardware with features like MultiThreading, and the stability and speed of the latest 64 bit edition put MC miles ahead of the competition.
For me as a programmer, the precision tick sequencing functionality down to microsecond accuracy makes it possible to produce code calculations that can only be imagined in other platforms :)
The continual and ongoing implementation of user suggestions, and the genuine efforts to duplicate bugs and eliminate them quickly in my mind puts MultiCharts as a Gold Standard in support of their users and development of the platform.
For someone considering their options for a charting and execution or automation platform, look no further.
Great software with a lot of bugs
However, the manual order entries are very undependable, exit strategies don't work well, reload could not correct the wrong data on charts, sometimes, the PnL won't update per bid or ask price. Comparing to NT7, MC7 has a lot of great features, but very unreliable. If you want to trade manually, you'd better stay with NT till MC7 fixes all the bugs, and eventually, they do.
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