Being a relatively newer player, MatchTrader is not yet as recognized and widely adopted in the market. This may be a reason for traders to be seeking an alternative to MatchTrader to avoid the initial learning curve period necessary when moving to an environment which is less familiar and in which they feel less comfortable and confident. Another reason to be looking for an alternative to MatchTrader are the possible delays that may arise in fixing bugs or implementing technological updates, thus upsetting the execution and smooth unravelling of your trading plans, coupled also with the absence of a long track record of historical data, which may mean less efficient and effective backtesting.
In view of the above, if you are not ready or willing to devote the time and resources necessary to learn and adapt to a new trading environment, then you should look for alternatives to MatchTrader in the form of more widespread and established platforms, whose interface and tools you are more familiar with and where you can start trading immediately without needing time to learn and adjust.
In a MatchTrader alternative platform you should also be looking for a proven and established track record of reliability and quick response to implementing new technological advancements and tools, as well as fixing any bugs or problems that may arise, ensure a smooth execution and the avoidance of disruptions.
TradeLocker, launched in 2022, represents the cutting edge of trading technology, designed to meet the diverse needs of modern traders. By offering a broad suite of innovative tools and features such as on-chart trading and real-time social tracking, TradeLocker emphasizes user-friendliness without sacrificing sophistication.
Conceptualized and developed by Spotware, a technology firm based in Cyprus established in 2010, cTrader encompasses a suite of trading software applications.