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  3. MetaTrader 4 VS Spider IRIS Plus

MetaTrader 4 VS Spider IRIS Plus

Let’s have a side-by-side comparison of MetaTrader 4 vs Spider IRIS Plus to find out which one is better. This software comparison between MetaTrader 4 and Spider IRIS Plus is based on genuine user reviews. Compare software prices, features, support, ease of use, and user reviews to make the best choice between these, and decide whether MetaTrader 4 or Spider IRIS Plus fits your business.

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MetaTrader 4
MetaTrader 4

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Spider IRIS Plus
Spider IRIS Plus

4.5

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MetaTrader 4
MetaTrader 4

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Spider IRIS Plus
Spider IRIS Plus

4.5

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  • img 11 Ratings & 9 Reviews
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Pricing

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Price Plans

Price on Request

Get customise plan according to your business requirement

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₹ 52000

₹ 65,000 20% off
IRIS PLUS

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  • Free Trial
  • Lifetime Plan
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  • img Free Trial
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  • img Free Trial
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Offers

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Available offers & discounts

img Save upto 28%, Get GST Invoice on your business purchase

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Ratings

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Overall ratings

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4.5

11 Ratings & 9 Reviews

90% Likelihood to Recommend

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Pros & Cons

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Pros

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Currently no pros are available. Please check back later

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Scanner option chain analysis with Roman Greek tick query and delta dash for hig...Read more - Ashok Sharma Dec 04, 2024

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Provides Quick response whenever required, multiple training sessions and live w...Read more - Kailash Gupta Sep 29, 2023

Cons

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No BSE LIVE MARKET AVAILABLE - Ashok Sharma Dec 04, 2024

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Don't have browser-based so not able to log into other devices. - Kailash Gupta Sep 29, 2023

Reviews

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Verified customer reviews

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Currently no reviews are available. Please check back later

Using since 2018, live version

Ashok Sharma Dec 04, 2024

Best for Stock market traders

Kailash Gupta Sep 29, 2023

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Reviews with Video

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Ease Your Analysis With Spider Software | IRIS PLUS
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Spider Software Iris Plus REVIEW by CLIENT | VIVEK DHUMALE in hindi

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Best Use for

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Business Size:

  • img Individual
  • img 2-50 Employees
  • img 51-250 Employees
  • img 250-500 Employees
  • img 500​-​1000 Employees
  • img More than 1000+ Employees
  • img Individual
  • img 2-50 Employees
  • img 51-250 Employees
  • img 250-500 Employees
  • img 500​-​1000 Employees
  • img More than 1000+ Employees

Business Type:

  • img Small Business
  • img Startups
  • img Medium Business
  • img Enterprise
  • img SMBs
  • img SMEs
  • img MSMBs
  • img MSMEs
  • img Freelancers
  • img Small Business
  • img Startups
  • img Medium Business
  • img Enterprise
  • img SMBs
  • img SMEs
  • img MSMBs
  • img MSMEs
  • img Freelancers

Industries:

  • imgAll Industries
  • imgStock Market

We provide the best software solution for your business needs

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Features

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Core Features

  • img Market Data
  • img Charting Tools
  • img Order Control
  • img Order Execution
  • img Portfolio Management
  • img Watchlist
  • img Stock Screener
  • img Market Data
  • img Charting Tools
  • img Order Control
  • img Order Execution
  • img Portfolio Management
  • img Watchlist
  • img Stock Screener

Order Execution

  • img Limit Order
  • img Market Order
  • img Stop (Loss) Order
  • img Stop Limit Orders
  • img Trailing Stop Order
  • img Limit Order
  • img Market Order
  • img Stop (Loss) Order
  • img Stop Limit Orders
  • img Trailing Stop Order

Research and Analysis

  • img Advanced Order Flow Analysis
  • img Analyst Ratings
  • img Multi-Timeframe Analysis
  • img Sentiment Analysis
  • img Advanced Order Flow Analysis
  • img Analyst Ratings
  • img Multi-Timeframe Analysis
  • img Sentiment Analysis

Technical Analysis

  • img Trendlines
  • img Technical Indicators
  • img Smart drawing tools
  • img Custom Indicators
  • img Automated Technical Patterns Detection
  • img Trendlines
  • img Technical Indicators
  • img Smart drawing tools
  • img Custom Indicators
  • img Automated Technical Patterns Detection

Fundamental Analysis

  • img Financial Ratios
  • img Income Statement
  • img Balance Sheet
  • img Cash Flow Statements
  • img Industry Analysis
  • img Earnings Forecasts
  • img Company Valuation Models
  • img Financial Ratios
  • img Income Statement
  • img Balance Sheet
  • img Cash Flow Statements
  • img Industry Analysis
  • img Earnings Forecasts
  • img Company Valuation Models

Backtesting and Optimization

  • img Historical Data Simulation
  • img Strategy Tester
  • img Paper Trading
  • img Strategy Optimization
  • img Monte Carlo Simulation
  • img Historical Data Simulation
  • img Strategy Tester
  • img Paper Trading
  • img Strategy Optimization
  • img Monte Carlo Simulation

Risk Management

  • img Risk Calculator
  • img Position Sizing Calculator
  • img Diversification Analysis
  • img Performance Analytics
  • img Stop-Loss Automation
  • img Maximum Drawdown Analysis
  • img Risk Calculator
  • img Position Sizing Calculator
  • img Diversification Analysis
  • img Performance Analytics
  • img Stop-Loss Automation
  • img Maximum Drawdown Analysis

Trading Options

  • img Paper Trading
  • img Algorithm Trading
  • img Options Trading
  • img Futures Trading
  • img Forex Trading
  • img Crypto Trading
  • img Automatic Trading
  • img Intraday Trading
  • img Rotational Trading
  • img Derivative Trading
  • img Spread Trading
  • img Swing Trading
  • img Paper Trading
  • img Algorithm Trading
  • img Options Trading
  • img Futures Trading
  • img Forex Trading
  • img Crypto Trading
  • img Automatic Trading
  • img Intraday Trading
  • img Rotational Trading
  • img Derivative Trading
  • img Spread Trading
  • img Swing Trading

Reporting & Analytics

  • img Portfolio Tracking
  • img Customizable Reports
  • img Risk Analytics
  • img Dashboards
  • img Trade Performance Attribution
  • img Portfolio Tracking
  • img Customizable Reports
  • img Risk Analytics
  • img Dashboards
  • img Trade Performance Attribution

Account Management

  • img Multi-Factor Authentication (MFA)
  • img Customizable User Interface
  • img Account Summary Reports
  • img User Access Management
  • img Audit Trail
  • img Multi-Factor Authentication (MFA)
  • img Customizable User Interface
  • img Account Summary Reports
  • img User Access Management
  • img Audit Trail

Integrations

  • img Market Data Integration
  • img Brokerage Integration
  • img Third Party Integration
  • img Social Media Integration
  • img Multi-Language Support
  • img API Integration
  • img Cloud Data Integration
  • img Market Data Integration
  • img Brokerage Integration
  • img Third Party Integration
  • img Social Media Integration
  • img Multi-Language Support
  • img API Integration
  • img Cloud Data Integration

Alerts & Notifications

  • img Real-Time Market Updates
  • img Price Alert
  • img News Alert
  • img Volume Alerts
  • img Push Notifications
  • img Sentiment Alerts
  • img Real-Time Market Updates
  • img Price Alert
  • img News Alert
  • img Volume Alerts
  • img Push Notifications
  • img Sentiment Alerts

Specifications

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Deployment

  • img Web based
  • img On Premises
  • img Web based
  • img On Premises

Device Supported

  • img Desktop
  • img Mobile
  • img iPad
  • img Tablet
  • img Desktop
  • img Mobile
  • img iPad
  • img Tablet

Supported Platforms

  • img Windows
  • img Mac OS
  • img Android
  • img iOS
  • img Linux
  • img Ubuntu
  • img Windows
  • img Mac OS
  • img Android
  • img iOS
  • img Linux
  • img Ubuntu

Languages support

  • imgEnglish
  • imgEnglish

Alternatives

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Top Alternative Products

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TrendSpider

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Spider IRIS EOD

Spider IRIS EOD

Spider IRIS

Spider IRIS

Spider CTCL (For Broker Only)

Spider CTCL (For Broker Only)

Spider ACE PRO

Spider ACE PRO

See all Spider IRIS Plus alternatives img

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MetaTrader 4 vs Spider IRIS Plus Comparison FAQs

Software questions,
answered

While MetaTrader 4 offers customized features, Spider IRIS Plus has diverse modules. Select between MetaTrader 4 or Spider IRIS Plus as per your business needs.

Both these products offer similar features but with a different approach. While MetaTrader 4 emphasizes on user experiences, Spider IRIS Plus focuses on functionalities.

It all depends on the functionalities that you prefer. While MetaTrader 4 offers add-ons along with essential features, Spider IRIS Plus emphasizes on customization.

No, the difference between MetaTrader 4 and Spider IRIS Plus lies in terms of features and functionalities. While MetaTrader 4 can be customized as per the user’s needs, Spider IRIS Plus addresses the diverse audience.

It depends upon your business requirement. Both MetaTrader 4 and Spider IRIS Plus provides standard features to cater diverse industry needs.

The difference lies in terms of the user interface and functionalities. While MetaTrader 4 is customizable, MetaTrader 4 offers comprehensive modules.

A Quick Comparison Between MetaTrader 4 vs Spider IRIS Plus

Choosing any software for your organisation is a crucial decision. As a decision maker, you must ensure that the software you choose addresses the pain points of your teams and reaps maximum benefit for you.

  • Comparison of MetaTrader 4 vs Spider IRIS Plus In terms of Features
  • Comparison Between MetaTrader 4 and Spider IRIS Plus In terms of Deployment Type
  • MetaTrader 4 or Spider IRIS Plus: Which Is Ideal for Your Industry
  • Which Is Better? - MetaTrader 4 or Spider IRIS Plus

Comparison of MetaTrader 4 vs Spider IRIS Plus In terms of Features

MetaTrader 4 includes features like Sentiment Alerts, Strategy Tester, Historical Data Simulation and Earnings Forecasts. Spider IRIS Plus is known for functionalities like Portfolio Management, Futures Trading, Automatic Trading and Stock Screener. When you compare MetaTrader 4 vs Spider IRIS Plus, look for scalability, customization, ease of use, customer support and other key factors. The one which suits your business needs is the best.

Comparison Between MetaTrader 4 and Spider IRIS Plus In terms of Deployment Type

While MetaTrader 4 supports Web Based deployment; Spider IRIS Plus is suitable for Web Based and On Premises deployment. While selecting between MetaTrader 4 and Spider IRIS Plus, figure out which one of the two is compatible with your devices. This will help in reducing the hassle after implementation.

MetaTrader 4 or Spider IRIS Plus: Which Is Ideal for Your Industry

MetaTrader 4 is ideal for industries like All Industries. For Stock Market, Spider IRIS Plus is a better choice. If you are confused between MetaTrader 4 or Spider IRIS Plus, you can also check if the software has customizable modules for your industry. Industry-specific functionalities will ensure higher efficiency and ROI. However, do check for the hidden price, is any.

Which Is Better? - MetaTrader 4 or Spider IRIS Plus

MetaTrader 4 and Spider IRIS Plus can be used for different purposes and are well-suited for teams with specific needs. If you are looking for a platform that is easy to use, has low barriers to entry, and offers a lot of customization, flexibility, and integration options, then you must compare their specifications in detail at the time of demo. Compare MetaTrader 4 and Spider IRIS Plus during demo to decide which one is best for your business.

Author: Techjockey Team

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