Forex Awards - Best Forex Brokers, Platforms, Expos

MetaTrader 4 Review

MetaTrader 4 is the world’s most popular trading software. The platform is highly demanded by both novice and professional traders and there are many reasons for being the leader in the industry. The software is very simple and comfortable in usage, highly customizable. The platform has several versions e.g. for Windows, MacOS, iOS, Android, Windows Mobile and Blackberry. MetaTrader 4 is used by hundreds of thousands traders throughout the world. Most Forex brokers offer their customers trading with MetaTrader 4 and there are many currency trading providers who customize MetaTrader 4 or just its interface and pass it off as their specific platforms.

The main advantage of the platform is the simple and user-friendly interface. The platform’s functionality allows trading effectively and comfortably while using all the necessary trading tools such as technical analysis, forex indicators, graphical analysis tools, market news feed, market quotes and trading signals.

The platforms allows traders to create and test experts advisors and trading robots, use any required number of windows. To traders who have their own trading strategy MetaTrader 4 allows creation own trading indicators because of built-in MQL programing language. All the transactions in the platforms are confidential due to 128-bit encryption system. The platforms keeps trades history and the trades archive is available for viewing at any time.

MetaTrader 4 - Forex Platform's information

MetaTrader 4 MetaTrader 4
Software developer MetaQuotes Software
First release 2005
Traders' reviews Post a review
Free of charge trial
Free of charge
Monthly payment
Multilingual interface
Web-based version
IOS version
Android version
Blackberry version
Windows mobile version
MacOS version
E-mail alerting
Mobile alerting
Ready Smart Dealer application
Ready Web Trader application
Free forex signals
Free tutorial
Technical support
Real-time charts
Automated trading
Stop order
Limit order
Market order
Market analysis tools
Technical indicators
Trading robots allowed
Expert advisors allowed
Traders calculator
Trading history
Trading signals export
Hot keys customizability
Different trading tools handling
Several trading accounts handling
Open interface (API)
Data encryption