In Australia you can trade using any of the Metaquotes trading software, the MetaTrader 4 and Metatrader 5, the Iress platform, FP Markets WebTrader and the Mobile Trading Application for trading on the go. One of the basic differences between the Metatrader softwares is that the MT4 platform is particularly popular among forex traders who prefer to trade the decentralised foreign exchange market (currency pairs CFDs), while the MT5 trading platform allows you access to a more extensive portfolio of stock markets. Both platforms support social trading. Iress web-based online trading platform streams market data, allowing data layering and data visibility across multiple product types and exchanges to maximize opportunities in the financial markets.