If you are in the market for a forex and futures trading platform, metatrader4 is one of the most commonly used platforms today. When using metatrader4, traders can analyze the financial markets, run trading robots, perform advanced trade operations, and even copy deals from more experienced traders.
If you are considering this trading platform, here is everything you need to know before you download metatrader4.
The trading system
Metatrader4 supports three modes of trade execution. These include instant execution, 2 market, 4 pending, 2 stop orders, and a trailing stop function. These functions allow quick, one-click trading when you need to send trading orders directly from the chart. The platform comes with an inbuilt chat feature, allowing you to determine trade entry and exit points accurately.
Mt4 technical analysis
MetaTrader 4 platform gives its users a wide opportunity for analytical analysis. Every trade symbol is displayed in 9 time-frames, making it possible for traders to get price dynamics details in real-time. It also comes with 30 in-built technical indicators and 24 graphic objects for comprehensive price dynamics analysis.
Thanks to the wide capability of the technical analysis features in mt4, traders can combine these tools for the best strategy, identify trends, and determine trading points. By accurately analyzing the market movements, you are better placed to catch the best trade times.
Convenience and security
MetaTrader4 is a trading platform created to meet the highest security standards. The exchange of data between the platform servers and the user terminals is always encrypted for improved safety. Additionally, the platform supports RSA digital signature technology. This way, users can rest assured that their trading accounts are always protected.
The platform also comes equipped with a set of advanced analytical and trading features. This is offered on the user-friendly interface for easy understanding of the operation principles and functions. It only takes a few minutes to set up an account and start trading on the platform. There is also a detailed user manual for new users.
Web trading on the metatrader4 platform
Metatrade4 is a platform compatible with most web browsers. You can install the platform on any operating system or browser and start trading in no time. The only thing you need is a reliable internet connection.
The metatrader4 web version allows you to analyze currency quotes as you execute different trading operations. Trading on the web-based platform is completely safe as all information is encrypted before transmission.
With web trading, you enjoy:
- Directly trading via a browser
- Reliable data protection
- Compatibility with Windows, MacOS, Linux
- Real-time quotes in Market Watch
- All trading orders types and MetaTrader 4 execution modes
- One-Click Trading
- 9 time-frames, from a minute to a month
- 30 indicators and 24 graphical objects for technical analysis
- History of trading operations
Mobile trading on the metatrader4 platform
It is also possible to trade forex on the metatrader4 platform using your android, iPad/iPhone mobile devices. This allows you to trade forex from anywhere at any time since you take your mobile devices with you wherever you go.
The metatradr4 mobile application acts as your daily trading assistant and work tool. You can trader in financial markets, access your trade analysis and service round the clock on your mobile device.
With mobile trading, you enjoy:
- access anywhere and anytime
- 24 analytical objects
- complete control over the trading account
- all order types and MetaTrader 4 execution modes
- 3 types of charts, including Bars, Japanese Candlesticks, and a broken line
- 30 technical indicators
- 9 time-frames, including M1, M5, M15, M30, H1, H4, D1, W1, and MN
- free chat for communicating with other traders
- financial market news
Using trading robots on metatrader4
One of the best benefits of using metatrader4 as your ideal forex-trading platform is the ability to trade using automated trading bots. These robots will analyze currency quotes and execute the most favorable trading options for your needs. This relieves the investors from the routine of trading and analyzing the market.
