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MetaTrader is a trading software that is most commonly used amongst forex traders as their trading platform. Posing similarly as a connecting channel between currency trading systems and your computer (or mobile device), and so MetaTrader is the link. Let’s take a look at the MetaTrader in review.
Metatrader Trading Platform in order to start trading Forex
Besides being easy to download and install, MetaTrader has many trading capabilities and features which other trading platforms lack. Follow instrument price fluctuations and examine the trading charts and graphs, while plotting the trends to locate your planned trades. The platform showcases and supports the following graphs: Candlestick, Heikin Ashi as well as Renko charts.
Setting up your trading orders is simple and predefined stop losses and targets are executed immediately. The trailing stop loss and pending orders are just as easily accessed.
Expert advisors (EA’s) can automate your trading by using scripts that are uploaded to the platform and the instructions of the scripts are easily carried out. Saving you the hassle of being close to your computer or missing out on a trading opportunity.
Learn from your mistakes, the platform offers a functionality of convenience to view your trade history:
With these features the Metatrader 4 is really enough for forex trading however for more advanced strategies the MetaTrader 5 would be the alternative option.
MetaTrader 4 (MT4) is the world’s most popular trading platform that offers all you need for online trading on one interface. On the single platform you will find a powerful combination of analytical technologies and leading trading tools that allow traders to implement even the most complex trading strategies.
There are a number of reasons that thousands of traders have chosen to trade with AvaTrade, offering the MT4 is very well one of them among others:
Fully Regulated Broker
With multiple awards being won, amongst the 2015 and 2016 Best broker, we also boast over 10 years of industry experience and have a presence in over 150 countries
More Markets
Over 250 assets to trade on. Variety of the most popular instruments including forex, commodities, indices, bonds, ETFs and individual stocks trading
Deep Analysis
Enjoy more than 30 advanced charting & analytical tools, including trading strategy back-testing on the MT4
Automated Trading
EA compatible, giving you free access to thousands of auto trading strategies. Additionally, there’s an option to upload your developed or purchased trading robots to take your trades automation to the next level.
Flexible Conditions
Competitive spreads to trade on the most popular assets in the industry.
Mobile Trading
Trade MT4 on your tablet or mobile phone with our free Android & iOS trading apps
Full Support
Get free daily market analysis, quality education materials and live multilingual support 24/5 when the markets are at their best.
Trade with AvaTrade and open MetaTrader 4 account today for instant market access.