What is MT4 Platform
MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. The software consists of both a client and server component. The server component is run by the broker and the client software is provided to the broker’s customers, who use it to see live streaming prices and charts, to place orders, and to manage their accounts.
The client is a Microsoft Windows-based application that became popular mainly due to the ability for end users to write their own trading scripts and robots that could automate trading. In 2010, MetaQuotes released a successor, MetaTrader 5. However, uptake was slow and as of April 2013 most brokers still used MetaTrader4 platform. While there is no official MetaTrader 4 version available for Mac OS, some brokers provide their own custom developed MetaTrader4 variants for Mac OS.
The Metatrader4 platform is focused on margin trading. Some online brokerages use MetaTrader 4 platform to trade CFD but it is not designed for full-time work in the stock market or exchange-traded futures. At the same time, MetaTrader 5 also works with equities and commodities exchange-traded commodities. Both MetaTrader 4 and MT5 can use custom indicators and trading programs (called Expert Advisors) for trading automation.
To do MT4 download you need to open demo account with MetaTrader4 forex brokers and download online trading platforms, Then you can trade online with your mobile or desktop computer, To get daily stocks and forex News you can use “ForexSQ.com” website, We use Wikipedia as source.
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