Skip to content

MT4 vs. StockCharts – A Detailed Comparison

Discover our detailed comparison of MT4 and StockCharts to help determine which is best for you. Whether you’re a seasoned trader or just starting out, choosing the right platform can significantly impact your trading experience. 

To make your research easier, we manually found key data for MT4 and StockCharts across the internet and compiled it all in this article. 

Overview of MT4

Meta Trader 4 (MT4) is a charting platform that is mostly used by Forex traders. You can also chart stocks and other assets depending on which broker you connect.

Overview of StockCharts

StockCharts is a stock charting platform that is great for technical analysis since it allows you to use various indicators. However, the platform looks a bit dated, especially compared to platforms like TradingView and TrendSpider. It is also lacking in some fundamental data features, and does not provide free intra-day charting like TradingView.

Key Characteristics of MT4 and StockCharts

FeatureMT4StockCharts
Platform TypeCharting and Trading SoftwareCharting Software
Tradeable AssetsNot a brokerNot a broker, but you can chart stocks & ETFs
Charting FeaturesFree charting platformWeb-based charting platform with access to several chart types and indicators
DataDepends on brokerDaily, weekly, and monthly time frames are free, but you must purchase the ability to use intra-day data
Premium PricingFree, just connect a broker$19-$50 per month

Who is MT4 Best For?

MT4 is best for those who already have a broker tha is compatible with it. Otherwise, there are much better charting platforms like TradingView or TrendSpider.

Who is StockCharts Best For?

StockCharts is best for swing traders who want a free charting platform for daily time frames and longer. You can access intra-day with a paid subscription, but there are many platforms that offer more features like TradingView and Finviz.

Trading Features and Tools

FeatureMT4StockCharts
DRIPNot a brokerNot a broker
Margin TradingNot a brokerNot a broker
InsuranceNot a brokerNot a broker
Mobile AppYesYes

Trading Costs and Commissions Compared

Fee TypeMT4StockCharts
Equity CommissionNot a brokerNot a broker
Option CommissionNot a brokerNot a broker
Futures CommissionNot a brokerNot a broker
Futures Options CommissionNot a brokerNot a broker
Option Exercise FeeNot a brokerNot a broker

MT4 vs StockCharts – Bottom Line

Choosing between MT4 and StockCharts depends on your specific trading needs, preferred trading tools, and the type of assets you’re interested in. 

Both platforms offer distinct advantages, but by considering the detailed comparison above, you can select the one that aligns best with your trading strategy and goals.

For more detailed reviews and comparisons, continue exploring our other articles on brokerage platform comparisons.

What is the Overall Best Charting Software?

I have reviewed and used nearly every trading platform available, and I believe that TradingView is the best overall charting software available. Here are some reasons why:

  • All of TradingView’s key features are free to use
  • TradingView provides real-time data for free whenever possible
  • You are not tied to a single broker and can use whichever you want while charting on TradingView
  • You can track all markets on a single platform, including stocks, ETFs, crypto, forex, and futures.
  • TradingView has an excellent economic calendar and various screeners

If you sign up for a TradingView account using my affiliate link, you can get a 30-day free trial of its premium features plus a $15 credit toward your subscription. However, signing up for a free trial is not required, and you can use nearly all of its features with a basic free account. You can read my full review of TradingView to learn more. 

Related Trading Platform Comparisons


Barchart vs Vanguard

Barchart vs Tradestation

Tradestation vs Vanguard

ETrade vs Ninjatrader

Finviz vs thinkorswim

Recent Posts

tradingview logo

Join over 50 million traders who trust TradingView!

Technical Analysis
tradingview logo

Join over 50 million traders who trust TradingView!

×

Get Our Stocks & Options 101 eBook for FREE!

Learn How To:
– Craft a stock portfolio
– Leverage options trading
– Build financial freedom