MetaTrader 4 Trading Platform Advantages and Disadvantages
MetaTrader 4 platform is one of the most widely used Forex platforms in the world. It is suitable both for novices and for experienced traders. Metatrader 4 review considers the software as leading platform for automated trading. Simple and understandable interface provides comfortable usage and high opportunities of customization. MetaTrader works with most popular systems. Download metatrader 4 version is possible for android, for ipad, for mac and even for linux. Mt4 review counts thousands users of this platform from different countries. Best ECN Forex brokers mt4 use this platform to offer their clients a fast and comfortable trading. The api of this web platform allows traders to customize it and make their own trade platforms tuned just under their strategies.
The MetaTrader 4 trading system
The powerful MetaTrader 4 trading system allows you to implement strategies of any complexity. The Market and pending orders, Instant Execution and trading from a chart, stop orders and trailing stop, a tick chart and trading history — all these tools are at your disposal.
With MetaTrader 4, trading becomes flexible and convenient.
- 3 execution modes
- 2 market orders
- 4 pending orders
- 2 stop orders and a trailing stop
MetaTrader platform also provides a possibility to try work with demo account before entering a real currency market. Every trader could try a simulator to make sure his strategy is really working.
The main advantage of MetaTrader is its friendly interface. Everyone who wants to know how to use metatrader 4 could learn to trade with it just in 1-2 days. The platform provides a lot of real-time data including signals and indicators. It allows to trade more effectively being always aware of market news. A lot of useful tools including features for graphical and technical analysis, online news, currency quotes and so on allow to make trading process even more simple and profitable.
MetaTrader 4 is a platform for trading Forex, analyzing financial markets and using Expert Advisors. Mobile trading, Trading Signals and the Market are the integral parts of MetaTrader 4 that enhance your Forex trading experience.
MetaTrader allows users to create their own unique indicators using built-in MQL language. A reliable encryption system keeps all of the data safe. User also could view his trade history from the program archive.
- Millions of traders with a wide range of needs choose MetaTrader 4 to trade in the market. The platform offers ample of opportunities to traders of all skill levels: advanced technical analysis, flexible trading system, algorithmic trading and Expert Advisors, as well as mobile trading applications.
- Signals and Market additional services extend MetaTrader 4 frontiers. The Signals service allows you to copy trades of other traders, while the Market provides you with various Expert Advisors and Technical indicators that you can buy.
The MetaTrader 4 analytics
Analytical functions are one of the MetaTrader 4 platform’s strongest points. Online quotes and interactive charts with 9 periods allow you to examine quotes in all the details quickly responding to any price changes. 23 analytical objects and 30 built-in technical indicators greatly simplify this task. However, they are only the tip of the iceberg.
The free Code Base and built-in Market provide thousands of additional indicators rising the amount of analytical options up to the sky. If there is a movement in the market, you have the analytical tools to detect it and react in a timely manner.
- Interactive charts
- 9 timeframes
- 23 analytical objects
- 30 technical indicators