What is MetaTrader 4?

Introduction

MetaTrader 4 is increasingly becoming a popular platform among millions of traders. Credit goes to its diverse functionality which allows forex traders to analyze forex market movements perfectly and know the best time to trade.

Simply put, MetaTrader 4 (MT4) is a widely recognized forex trading platform established by MetaQuotes Software. The platform allows forex traders to retail foreign exchange and at the same time analyze financial markets mostly with the help of expert advisors.

One fantastic aspect about MetaTrader 4 is that it can freely be downloaded from the developer’s website. Moreover, MT4 provides proper analytical tools for forex traders giving them a chance to evaluate prices and manage trade in general.

The MT4 platform was released in the financial market in 2005 for purposes of order entries and technical analysis. With time, MT4 evolved, and multiple companies incorporated it in its day to day activities with CM Trading being on the forefront. At CM Trading, we primarily use the MetaTrader 4 platform to enhance our trading performance by providing forex trading signals to ensure our client’s continued growth in forex trade.

Ideally, millions of traders love MetaTrader 4 platform because of its impressive and outstanding features. With this platform, forex traders are guaranteed in-depth financial analysis in forex trading primarily with the help of professional advisors.

Moreover, dozens of traders prefer MT4 platform since it offers a wide range of choices in the market. For instance, it gives traders of all skill levels advanced technical evaluation, algorithm trading, and flexible trading structures.

Another outstanding benefit of MetaTrader 4 platform is that it gives customers global access to the financial market with the help of their PCs or smart devices. The platform has evolved to see it incorporate the use of smartphones and trading robots for currencies trade; something that has been dubbed web-based forex.

MT4 also incorporates the use of market and signals to extend its frontiers. In this regard, the signals service grants a dealer a chance to copy other trader’s trades. On the other hand, Market signals allow the trader to access different technical indicators as well as expert advisors.

CM Trading have partnered and incorporated the use of the MT4 platform in our forex activities; giving our clients an opportunity to reap maximum profit from the trade. At the same time, the partnership has granted our traders a chance to enjoy professional and top-rated trade since the MT4 platform has enabled us to provide fully customized and automated information vital for trade.

MetaTrader 4 platform is globally accepted as the most popular and advanced forex trading platform since it suits both the beginners and experts in its functionality. Additionally, the platform has a user-friendly interface which minimizes any hitches that might arise while engaging in trade.

We at CM trading has also integrated MT4 platform in our operations hence granting our customers an opportunity to experience advanced trading. With CM Trading’s MetaTrader platform, our valued clients can get forex trading strategies. We have enabled that through the provision of 24/7 support and proper analytical tools for a thriving trade.

Apart from MT4 being perceived as the most common cloud retailing platform, it can be used to access the global market. That has been facilitated by software programs used to place trading orders with the help of the internet. As such, MetaTrader 4 can be used in conjunction with different financial institutions and brokerage companies which acts as financial intermediaries in the forex market.

How MT4 developed

The initial internet-based forex trade began in 1996 which allowed for the progression of the trade at a fast rate; thereby expanding consumer markets. As a result of this cloud-based foreign exchange, individuals could trade on currencies using computers and at the same time access the global market.

Despite the early generations of electronic trade, its interface was not user-friendly. As a result, it called for an addition of extra features such as charting tools and technical analysis. That resulted in a more sophisticated platform that could be accessed with the help of mobile phones.

Ideally, the introduction of online trading platform transformed to a fast-growing section of foreign exchange markets. As such, it allowed individuals to access global markets via the internet and trade through brokers or banks. This market niche gave small investors a chance to trade and access markets using small amounts of cash.

However, the platform kept growing especially for forex trade, prompting individuals to trade on the world market directly. In this regard, it led to the development of the MT4 trading platform for dealers to capitalize and venture in currency exchange.

Why Use MT4?

As stated earlier, millions of traders prefer MT4 platform because of the amount of information they can get at a time before or while trading. Moreover, forex traders can get the technical analysis in the customizable and user-friendly interface in the platform. Below are some reasons why you should consider using MetaTrader 4: -

Global outreach

MT4 is a popular Forex trading application with millions of traders across the globe. It is a guarantee that with it, traders can reap maximum profits in the shortest time provided they follow all the basics and the already set procedures when conducting forex trade. The MetaTrader 4 trading platform also allows Forex and futures trading where traders can analyze financial markets, access expert advisors, and above all copy deals of other successful traders.

Security and Convenience

When it comes to security, MT4 platform scores beyond the scoreline. That has been facilitated by the encryption of data which ensures the highest security standards when trading. Since we all know that all financial trade is open to risks of hacks and scams, MT4 has taken critical steps to ensure you don’t become a victim in such loss. Most importantly, the platform guarantees the security of your trading accounts since it incorporates the use of RSA digital signatures to secure data transmission.

Advanced trading and analytical features

MetaTrader 4 platform has an easy-to-understand and convenient, user-friendly interface that lets you stay focused as you trade. It will only take you few minutes to familiarize yourself with the platform and understand all functions and operation.

You can trade forex from your browser

MetaTrader 4 gives you a chance to trade Forex directly from your browser with its web-based platform. By just some clicks, you can engage in forex trade with any browser and operating system provided you have an Internet connection.

You can trade Forex from your smartphone or tablet

MetaTrader 4 allows mobile trading with the help of applications. As a result, you can trade anywhere and at any time with the help of your smart device which enables you to analyze prices and engage in trading operations using applications for iPhone/iPad and Android.