MetaTrader 4 (MT4) is one of the major trading interfaces in the world. MetaTraders are used by the majority of independent traders, and MT4 is the most popular variety out of them. Even though MT5 has been a thing for a long time, the majority of users stick to the fourth edition. Why?
MetaTrader 4 Explained
MT4 is a trading platform, essentially an interface that allows you to trade positions on various products. It can nowadays be used for a large variety of markets, but its most useful application would be for Forex, cryptocurrencies and commodities. It’s a fairly old piece of software, which came out in 2005.
Despite the age, no newer platform could top the convenience and utility of MetaTrader 4. Plenty of them tried, but this one simply has too many advantages, partly because of its age and partly because of the way it works. If you want to download it, you can find the FX MT4 ダウンロード feature right here.
MetaTrader 4 has several tangible advantages over the newer trading platforms, such as cTrader or even MetaTrader 5. It’s not ideal, as it is, after all, a 15+ years old piece of software. But it still has its charm, and plenty of it.
This platform is one of the best for placing complex automated orders. It has plenty of instruments to help you open a position with all sorts of customizable details, like indicators, extra settings and tracking tools. It’s one of the best platforms for automated trading.
It supports a large variety of tools, although the exact selection can vary depending on your source of this platform. Certain companies have their own builds of MT4 that you can download, although you typically customize it to your liking by adding extra tools that aren’t in the base version.
MetaTrader 4 is a deeply customizable platform. You can add new tools and indicators to this platform and move them around to suit your personal preferences. It’s a fairly simple process, although you can just as well download a certain build of this platform tailored for a certain purpose.
This level of customization isn’t really found in any other major platform. New MT4-compatible tools come out regularly. Other platforms mostly cater to newer traders that value comfort over the customization and flexibility. But if you find these two benefits favorable, you might like MT4.
The thing about this platform’s age is that it’s been thoroughly explored many times over. Because of it, it’s easy to find proper education material about every little detail and the platform in general, if you want to know more about it. Mastering the trading interface is a huge part of success.
Free of charge
You can download MT4 from many different sources, and none of them will charge you money for this piece of software. Even the official provider offers it for free, which is an incredible advantage, considering that some high-end platform out there charge money. Instead, you can download a special high-end build of MT4 for free.