Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
About MetaTrader 4 (MT4)

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.

Key Features of MT4
Comprehensive Charting Tools
MT4 offers a comprehensive set of charting tools, allowing traders to conduct in-depth technical analysis with various timeframes, indicators, and graphical objects.
Essential Order Types
MT4 provides essential order types such as market orders and pending orders. It may not offer the same breadth of order types as MT5, limiting some advanced trading strategies.
Cross-Device Accessibility
MT4 is available on various devices, including desktop computers and mobile platforms. It offers the flexibility to trade from different devices but may not have the same level of cross-device compatibility as MT5.
Backtesting Capabilities
MT4 allows traders to conduct basic strategy testing but doesn't offer the same level of historical data and backtesting capabilities as MT5. While it's suitable for strategy development, its backtesting tools may be less advanced.
Trading Community and Marketplace
MT4 boasts a substantial online community and marketplace where traders can access and purchase custom indicators, scripts, and EAs created by other users. This can be valuable for traders looking to enhance their trading strategies and technical analysis.
Timeframes and Charts
MT4 provides a wide range of timeframes, including minute charts, hourly charts, and daily charts. These timeframes are particularly well-suited for forex traders but may have limitations when it comes to analysing markets with more extensive data, such as stock markets.
Simplicity and Familiarity
Many traders appreciate the simplicity and familiarity of MT4. Its interface is considered user-friendly and relatively straightforward, making it a comfortable choice for those new to online trading.
MetaTrader 4
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MT4 for Windows

MetaTrader 4 (MT4) for Windows is a desktop application tailored for traders using Windows operating systems. It provides access to the complete suite of features and tools available in the MT4 platform, offering a comprehensive trading experience on your Windows PC.


MetaTrader 4 multiterminal

MetaTrader 4 Multiterminal is a valuable addition to the MetaTrader 4 Online Trading Platform. It is designed for the simultaneous management of multiple trading accounts, making it particularly useful for those who oversee investors' accounts and for traders who handle numerous accounts simultaneously. This feature simplifies the process of monitoring and executing trades across multiple accounts, providing efficiency and convenience for professional traders and account managers.


MT4 for iOS

MT4 for iOS is a mobile trading app optimized for Apple devices like iPhones and iPads. This app allows traders to access their accounts, trade across different markets, and utilize technical analysis tools while on the move, delivering both flexibility and convenience.


MT4 for android

MT4 for Android is a mobile trading application specifically designed for Android devices. Traders can efficiently manage their accounts, execute trades, and access market data directly from their Android smartphones and tablets. It ensures accessibility to trading from virtually anywhere.


MT4 web terminal

The MT4 Web Terminal is a web-based trading platform that eliminates the need for downloads or installations. Traders can seamlessly log in via a web browser and gain access to their accounts, trade an array of instruments, and utilize technical analysis tools directly from their web interface. This is an excellent choice for those who prefer trading on different devices without specific installations.


Compare the MT4
with the MT5 platform
4 Pending Order Types
Depth of Market is not visible
30 Technical Indicators
31 Graphical Objects
9 Timeframes
Economic Calendar is absent
No Embedded MQL5.community chat
Hedging available
Installation, web, mobile
Mainly OTC (currencies, CDFs)
Single thread Strategy Tester
6 Pending Order Types
Depth of Market is visible
38 Technical Indicators
44 Graphical Objects
21 Timeframes
Economic Calendar is available
Embedded MQL5.community chat
Hedging/netting available
Installation, web, mobile
Mainly OTC (currencies, CDFs)
Strategy Tester is Multi-threaded and Multi-currency with Real ticks


  • 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.
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