The difference between Bloomberg terminals and MetaTrader terminals?

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Ngoc Nguyen
547
Ngoc Nguyen  
Summarized as points, please.
Yu Zhang
6545
Yu Zhang  
Ngoc Nguyen:
Summarized as points, please.

they are different thing. 

Ngoc Nguyen
547
Ngoc Nguyen  
Yu Zhang:

they are different thing. 

Sorry I was rather unspecific.

In terms of graphical/display capabilities there is no difference right?

Being more specific, any technical analysis performed on Bloomberg terminal can also be performed on MetaTrader terminal?
MThomp
214
MThomp  
Universal Share Based. Unix  MainFrame and Windows Environments.
Sergey Golubev
Moderator
114392
Sergey Golubev  
What is terminal?
Waseem Raza
9719
Waseem Raza  
Sergey Golubev:
What is terminal?

Big Players or Large Financial Firms Using Bloomberg Terminal 

MT4 famous only in small traders and in Forex Brokers (Mostly Brokers age less then 10 years), MT4 famous for Automated Trading via Expert Advisor 

In Big volume trading like in Stock trading there no concept of AUTO Trading , their trade runs for years and they holds for long 

Any Market Data will remain same in all terminals 

Sergey Golubev
Moderator
114392
Sergey Golubev  
Sergey Golubev:
What is terminal?

"Terminal" is "ATM machine" in Russian language.
When I go to supermarket or to the bank to take cash from Visa card so I will use terminal
:)

Waseem Raza
9719
Waseem Raza  
Sergey Golubev:

"Terminal" is "ATM machine" in Russian language.
When I go to supermarket or to the bank to take cash from Visa card so I will use terminal
:)

That Physical Terminal,  It's Software Terminal 

In English Terminal means Forming of a Body
Sergey Golubev
Moderator
114392
Sergey Golubev  
Waseem Raza:

That Physical Terminal,  It's Software Terminal 

In English Terminal means Forming of a Body

MetaTrader 4 Help - Client Terminal – User Guide 

MetaTrader 5 Help - Trading PlatformUser Manual 

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So, the Bloomberg is terminal, MT4 is the terminal, ATM machine is terminal,
But Metatrader 5 is the Trading Platform!
:)


lippmaje
1056
lippmaje  

Sergey Golubev:

So, the Bloomberg is terminal, MT4 is the terminal, ATM machine is terminal,

But Metatrader 5 is the Trading Platform!
:)

no Bloomberg it's no terminal it's a TV channel
Andreas Bauer
1633
Andreas Bauer  

How can anyone compare Bloomberg Terminal with Metatrader 4/5 Platform?!


Yes, they are both ment to analyze the chart and execute trading orders, but in the end both are totally different.


Starting with the fact, that renting a bloomberg terminal costs around 14k $ a year. Therefore you get news ahead of other market competitors;

you can compare it with a very fast sqawk box [that you normally must pay either].

I think that you will also get some sentiment data, and other buy/sell advisements.

Belonging to Bloomberg means belonging to a big community of (big) market traders,

while belonging to the mql community means actually the same, with the only difference that there is a big moderation team at bloomberg that analyzes the market data beforehand and delivers the most significant to its subscribers.

Also to mention is for ex. Reuters Eukon, which is sort of the same (with less subscribers).

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