The MetaTrader 4 trading platform is designed for Forex and CFD trading. With MetaTrader 4, traders can analyze financial markets, perform advanced trading. OANDA Japan introduces an indicator useful to short-term traders who would like to monitor their daily trades. ThinkMarkets informs traders of discontinuance. You could even throw a little BBC in there. Another option for real-time data comes from your forex trading platform. Many forex brokers include live newsfeeds. BEST BETTING TIPS SITES

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Other brokers back then could only offer one service at a time, so the MetaTrader 4 platform was a welcome change. Furthermore, it was now possible for traders to make use of automated robots. Prior to this, automated trading was the purview of huge investors and banks, but now MetaQuotes made it possible for anyone to do the same. Finally, MetaQuotes also brought mobile trading.

There were no iPhones or Android phones back then, but there were Palm devices though. Then the company continued to improve upon their technology until MT4 was finally launched in Just like FX Charts was a hit, MetaTrader 4 quickly beat the competition and most brokers began offering it. Keep in mind, this was also the time when new Forex brokers were starting to establish themselves and compete, so MT4 was a definite godsend to them.

All companies were clamouring to be a MetaTrader 4 Forex broker. Even now, more than a decade later, MT4 is still king in the online retail Forex market despite stiff competition from other companies. That is why the MetaTrader 4 brokers list is still so long. However, just what is the allure that makes MetaTrader 4 so irreplaceable after so many years?

Let us find out. Why do the best MetaTrader 4 Forex brokers keep using it? The main reason why a company chooses to keep a product is simple — the people still want it. This explains why supermarkets still stock the same products and keep them on the shelves even if newer products are in the market. The question now remains, though, what features MT4 has that other platforms do not.

Great performance Just like how FX Charts had better performance in compared to the competition, so did MT4 at the time of its launch. Speaking as someone who still owns my 5-year old computer, this factor does not go unappreciated, and that is why I stick with my Forex broker MT4.

Furthermore, MetaQuotes have not just rested on their laurels all through, but have instead been making improvements to the software to make it even more efficient and responsive. Although it still uses the MQL4 programming language, there have been many bug fixes and modifications. Indeed, I can testify that the current version of MT4 is much more stable than the one I used back in when I was starting my trading career.

Plenty of features available with best MT4 Forex brokers As a trader, you are going to make use of technical indicators, trading, robots and signals. MT4 provides all these features right out of the box without requiring additional software or products.

All the most common and popular technical indicators come pre-installed with the software to ensure all your technical analysis needs are met. These tools are very essential to every trader, and therefore they make MT4 ever more popular. Besides, there are many methods of execution beyond just the market orders through pending orders. Simple and efficient design I could speculate that most Forex traders today first got a taste of the Forex markets using MT4 through MT4 brokers demo account.

Just after installation, the Forex charts are easy to read and even look familiar, which is crucial when trading the FX markets. MT4 as a trading software processing trades with high efficiency, powerful security and unlimited trading opportunities. One of the most advanced MT4 features we admit is an outstanding chart package, with technical indicators and integrated fundamental analysis.

Platform designed easy to navigate interface and features numerous indicators available through the package or add-ons with plugins. Another strong point is MT4 famous automated trading strategies, performed via scripts with a customized possibility for those who can handle codes. Discover more about MQL. Known as Expert Advisors EAs offering various parameters that can be used and adjusted by any level of trader through the downloadable library with almost endless options to perform trading.

One more point to admit of great capability is use of VPN allowing run strategies without interruption and use EAs robots locally.

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