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MetaTrader and cTrader

The common trading platforms, trader versus investor passwords, the PAMM and copy features of each, and safety tips.

Everyone Beginner
In this guide Common platforms Two kinds of MetaTrader password Safety tips

Common platforms

PlatformFeaturesPAMM and copy
MetaTrader 4 and 5The most common forex platform; expert advisors (robots) and indicatorsUsually through the broker's cabinet
cTraderA modern interface with transparent market depthA built-in copy section (cTrader Copy)
Broker's own platformDepends on the brokerDepends on the broker

Two kinds of MetaTrader password

  • Master (trader) password: can open and close trades.
  • Investor (read-only) password: can only view the account and trades; no trading.

For a live data connection, enter the investor password only in the service’s official secure form; do not send it to a manager. Never give anyone your master password or broker-portal access to “check” your account.

Safety tips

  1. Download platforms only from the broker's or developer's official website.
  2. Change passwords regularly.
  3. Run robots on a reputable virtual server (marketplace).

Last updated: 2026-10-08

These guides are educational and are not investment advice. Trading and investing in financial markets can lead to the loss of some or all of your capital.