MetaTrader Alternative: 7 Reasons RF-Trader is a Great Option for you

MetaTrader is one of the most widely used trading platforms in the forex prop trading market. But lately, the platform (MT4/MT5) has banned several prop firms, including FTMO.

Fortunately, there are other options, other reliable (and even better) trading platforms available for prop traders who want to access a wide range of markets, tools, and services.

In this article, we will introduce you to RF-Trader, a MetaTrader alternative that offers many advantages and benefits for forex prop traders of all levels and styles.

What is RF-Trader?

RF-Trader is an innovative trading platform owned by RebelsFunding, one of the leading prop firms in the world. It is designed to meet the needs and expectations of modern forex prop traders, with its innovative features and user-friendly interface.

It is available as a web-based platform that can be accessed from any browser, as well as a PC app that can be downloaded. You can trade diverse instruments, including forex, indices, cryptocurrencies, etc., with fast execution.

Why should you choose RF-Trader as a MetaTrader alternative?

While MetaTrader is widely used, it also has some limitations and drawbacks that may affect prop traders and their trading experience. Apart from its slightly “complex” interface and limited customization options, there are speculations that MetaQuotes will very likely ban or suspend more prop firms who utilize MetaTrader due to licensing/regulation issues in the US.

This means that if you’re a prop trader in the US or any other country, you may “lose” your account and money if you’re unfortunate enough to trade with one of such firms.

So, how can you save yourself from a potential tragedy? Why is RF-Trader a safe haven (a stable and dependable path to your prop trading success)?

Reasons you should consider switching to RF-Trader:

1. RF-Trader is not affiliated with MetaQuotes, the developer of MetaTrader

The RF-Trader is independent of MetaQuotes or any broker in the US. In addition, RebelsFunding is based, registered, and regulated by laws in the EU (Slovakia). This simply means that it is a safe space for all prop traders around the world (that is, prop traders in the United States and other non-restricted countries). Your account and funds is safe with RF.

2. RF-Trader is integrated with TradingView chart

You can track all markets, see live market data and charts for indices, crypto, forex, etc., all in line with TradingView charting.

3. It has the ask and bid charts

This uncommon feature also makes the RF-Trader platform outstanding. You can view the ask and bid charts on the platform, view the price at which buyers and sellers are willing to trade for a security, and make an informed trading decision.

4. You can view spread history on the platform

The spread is an important factor to consider when trading, as it represents the cost of trading and the liquidity of the market. By switching between the ask and bid charts on the platform, you can view and compare spread history. You get the best possible execution and price for your trades.

5. It has risk management calculators

You can easily assess and manage the potential risks of a trade. You can calculate and determine the optimal trading size and stop loss based on your account balance and risk tolerance.

6. Instant monitoring of drawdowns

You can easily monitor your current drawdown level on the platform. This helps you manage your risk and performance more effectively.

7. You can see the trading challenge statistics and dashboard directly on your account

This allows you to monitor and track your performance/position in a trading competition without stress.

It is important to note that the above key features cannot be found on other trading platforms. This makes RF-Trader stand out in the industry.

RF-Trader is designed to enhance your trading experience and usability. Its simple and intuitive layout (with easy-to-navigate menus, buttons, and tabs), allows you to customize your trading environment according to your preferences and needs.

You can access to best forex indicators and drawing tools. You can also create and save multiple templates, switch between them with a single click.

It has a simple dashboard with everything you need.

If you are looking for a MetaTrader alternative, you should consider switching to RF-Trader and joining the RebelsFunding community.

You can sign up for a free demo account and test the RF-Trader platform. After registration, you can learn how to use and navigate the the RF-trader platform via these Youtube video tutorials or visit the RF-Trader page on the RebelsFunding’s official website.

You can also apply for an evaluation account for as low as $25 and get funded.