What is MetaTrader 4 and what is it used for?

Asked 3 years ago

I heard that it has something to do with Forex but I'm not really sure how the two are related.

Osasere Okunloye

Thursday, July 15, 2021

Metatrader 4 is a third party trading platform that connects you to your FOREX broker. It is the most popular third party trading platform. They offer demo trading which can help you practise all your trading strategies and master your techniques, they also offer social trading and other awesome packages.

Andia Rispah Igobwa

Sunday, July 18, 2021

MetaTrader 4 is a professional and reliable trading platform with over 300 indicators and advanced order management tools that were built for financial markets by the most experienced traders in the world.

It is used to trade forex (foreign exchange) and cryptocurrency. As one of the industry's leading providers of sophisticated platforms for online trading and investment operations.

It offers a large variety of data feeds with more than 500 base currencies from 200 countries around globally.

Their numerous tools are aimed at profitable technical analysis, automated robot programming, professional traders' algorithmic scripts testing, or effective risk management techniques tailoring online strategies to each individual needs.

Osasere Okunloye

Wednesday, July 21, 2021

Metatrader 4 is a trading platform. It is mainly used to trade forex but can also be used to trade indices, cryptocurrencies, and commodities, via CFDs. An important feature of MetaTrader 4 is that it can be used to automate trades. It has special algorithms that can open and close trades on your behalf.

Andrew Moran

Saturday, August 21, 2021

MetaTrader 4, which is also known as MT4, is a free electronic trading platform that is primarily utilized by online retail foreign exchange investors.

The MetaTrader 4 community, from digital brokers to retail traders, uses the technology for technical analysis, automated investing, and algorithmic and mobile trading. You can also broaden your investing horizons by trading cryptocurrencies, commodities, and indices.

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