MetaTrader 4, often referred to as MT4, is a foundational platform that has served as a cornerstone for traders for many years. It remains the preferred choice for countless traders due to its intuitive user interface and rich set of charting tools, making it a reliable companion for manual trading and technical analysis.
Development of MetaTrader 4
As the fourth-generation MetaTrader platform, MT4 revolutionized online trading by providing a straightforward and efficient environment for traders. Its popularity quickly spread among forex traders and brokerage services around the globe. Despite the introduction of MetaTrader 5, MT4 continues to hold its appeal as a dependable and accessible trading platform. It caters to traders of all levels and remains a steadfast choice due to its user-friendly design and essential features that facilitate effective trading and in-depth technical analysis. For many traders, MT4 is the platform where they first begin their trading journey and where they continue to execute their strategies with confidence.
Trade Your Way!
Forex
The Forex market is the world's largest market for currency trading. Forex CFDs allow investors to trade on currency price movements without owning them.
CFD on Indexes
Indexes, like the S&P 500 and NASDAQ, serve as benchmarks to track the performance of a market or an asset class. CFDs on indexes enable trading on these benchmarks without owning the actual stocks.
CFD on Commodities
Commodities are raw materials, e.g., gold and oil. CFDs on commodities let investors trade on price movements without holding the items.
CFD on Stocks
CFDs on stocks let traders trade on company share price movements without owning the shares.
CFD on ETFs
ETFs are baskets of investments such as stocks or bonds. CFDs on ETFs allow investing in the ETFs’ prices without owning the ETF shares.
CFD on Crypto
Cryptocurrencies, like Bitcoin, are digital assets. CFDs on crypto allow investors to gain exposure to crypto prices without holding the coins.
with the MT5 platform
FAQ
-
What is MetaTrader 4 (MT4)?
MetaTrader 4 (MT4) is a widely used trading platform for online trading in financial markets. It provides tools and features for trading various assets, including CFD on currencies, commodities, and stocks. -
How do I download and install MT4?
To download MT4, you need to open an account with a broker that offers the platform. They will provide you with a download link, and you can follow the installation instructions provided. -
Can I use MT4 on mobile devices?
Yes, MT4 is available as a mobile app for both iOS and Android devices. You can download the app from your device's app store and access your trading account on the go. -
What types of assets can I trade on MT4?
MT4 supports trading in various asset classes, including forex, commodities, stock indices, and CFDs on stocks and ETFs. -
What is the difference between MT4 and MT5?
MT4 and MT5 are both trading platforms, but MT5 offers more features and a broader range of assets, including additional timeframes and more technical indicators. MT5 also supports a hedging system, while MT4 adheres to the FIFO (First In, First Out) rule. -
Can I use automated trading strategies on MT4?
Yes, MT4 allows the use of Expert Advisors (EAs), which are automated trading algorithms. Traders can create their EAs or choose from a wide selection available in the MT4 marketplace. -
Does MT4 support backtesting of trading strategies?
Yes, MT4 provides a backtesting feature that allows traders to evaluate the performance of their trading strategies based on historical data.