MetaTrader4 (MT4) Trading Platform Review
MetaTrader4 (MT4) is an electronic trading platform designed for Forex and Future Trading. This is a technical analysis software developed by Metaquotes Software and released in 2005. MT4 software is licensed to Foreign Exchange Brokers who provide the software to their clients as it consists of both a client and server component. With the help of MT4, a trader can analyse financial markets, market trend, perform advanced trading operations just in 1 click. It is a highly customizable platform which supports 3 trade execution modes, including instant execution as well as 2 market, 4 pending, 2 stop orders and a trailing stop function.
Any trader can use this trading platform by using any smartphone or desktop as it is accessible in both the devices. MT4 is a very popular platform extensively used by many big brokers. MetaQuotes Language 4 (MQL4) is the programming language of MT4 which offers a number of advantages.