Why trade on MetaTrader 4?
- Years of upgrades and stability
- Low latency, fast execution trading
- Highly intuitive and easy to use interface
- Advanced order entry
- Powerful charting with 38 in-built indicators and 21 timeframes
- Automated trading functionalities
- Thousands of downloadable plugins, indicators and Expert Advisors
- Integrated market news and analysis
- Supported in 38 languages
- Available on Desktop, web, iOS, and Android
MetaTrader 4 revolutionized how traders access the market. When initially launched, it was a one of a kind platform that was extremely easy to use but powerful and sophisticated enough for the advanced trader. Backed by powerful development and support, it made its way to hundreds of thousands of traders worldwide.
The platform made it easy for traders and developers to code their indicators and expert advisors through the intuitive MQL programming language. This led the way for the availability of thousands of tools that can be used to enhance the experience.
MetaTrader 4 is supported in 38 languages and available on a wide range of operating systems including Windows, Mac, iOS, Android and as a stand-alone web trader that can be accessed from any web browser. .
MetaTrader 4 Frequently Asked Questions (FAQ)
MetaTrader 4 includes 9 timeframes while MetaTrader 5 has 21, making it the superior choice for those focused on technical analysis and in-depth chart studies. MetaTrader 4 does not offer stop limit orders as opposed to MetaTrader 5, adding a more advanced way of setting limit orders. While there has been extensive work using MQL4 which is compatible with MetaTrader 4, many developers and traders are migrating to MQL5 given its efficiency and ease of use. MetaTrader 5 offers a built-in economic calendar, unlike MetaTrader 4. MetaTrader 5 allows direct connections to exchanges and usually includes a wider range of products compared to a more limited suite in MetaTrader 4.
To start trading on MT4, click on demo or real account and fill out the form. Shortly after, you will receive an email with all the necessary details to get started..At the bottom of the email, you will see your username and password along with links to download the platform. Download the file and install the platform. The process is easy and requires just following the steps that show up on your screen
Once inside, click on “File” at the top left of the platform and then on “Login to Trade Account”. You will be prompted with a small form that includes Login, Password, save password functionality, and the ability to select the server. Enter the details received through email, select whether “demo” or “real” server, and then click on “Ok”. If you entered the info correctly, you should see prices moving in the watch list on the left side and the charts updating. .
Under the “View” menu, click on languages and select the language that you are comfortable with. MetaTrader 5 supports up to 38 languages including English, Arabic, French, Spanish, and many more.