The MT4 was later upgraded to the MT5, but due to the massive popularity of the MT4 platform, the MT5 never really took off in the market and MetaQuotes Inc was forced to do a re-design which combined many features of the MT5 with the old MT4 to create a brand new MT4 Build platform, starting from Build which was launched in Charting The MT4 features charts for all assets traded on the platform.
Accessing MT4 on your mobile
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Refer to eBay Return policy for more details. You are covered by the eBay Money Back Guarantee if you receive an item that is not as described in the listing. Other offers may also be available. You can add line tools, indicators and other add-ons to the charts to perform technical analysis.
The charts feature three methods of price representation:. Other methods of price representation such as the Renko charts are usually custom-made. Candlesticks are very popular because they show at a glance the open, high, low and closing prices for a time frame. Charts are very important components of trading because they enable the trader perform technical analysis.
The MQL Community was launched by MetaQuotes Inc as a response to the yearnings of the millions of MT4 users all over the world, as a one-stop shop for all tools, indicators, scripts and add-ons for the MT4 platform.
It is now possible to purchase or even sell your add-on software on the MQL Community website. This is where various shortcut functions of the MT4 are located.
Simply use your mouse to go over each button to find out its name and function. This is where the charts are displayed. This displays the tabs that give out several MT4 displays such as the account capital the margin , how much has been committed to a trade used margin , the margin exposure, open positions, closed positions, the account history, news bar, etc.
With the advent of the smartphone and tablet devices, it became necessary for traders to keep up with technology. These new hand-held devices were as good as mini-computers, capable of most functions of desktops. Brokers went to work and came up with different versions of the MT4 platform. Today, the MT4 now has a web-based version and a mobile version. With the web-based browser versions, traders no longer need to download the bulky desktop client.
All they need is the URL which connects to the server on which the web-based trading platform is hosted. This enables trading from anywhere without carrying along your physical computer. Browser versions are also supported for display on smartphones and tablet devices.
The mobile versions are an advancement of the web-based platforms. Available as apps that can be downloaded from the respective app stores, the mobile versions of the MT4 come with a condensed set of features that allows just the most basic aspects of trading such as order placement, basic technical analysis and basic charting.
What are the instruments or assets which can be traded on MT4? Virtually all asset classes are now represented on the MT4 platform. These are usually blue-chip stocks such as those of Apple, Microsoft, Yahoo! Stock indices are assets that measure the performance of the national stock exchanges across the world.
Therefore, you have the following indices: US30 or Wall Street 30 Australia: CAC40 or France 40 The exact instruments will differ from one broker to another but you can trade most of the main traded financial assets with all the MT4 providers.
Offers over 12, instruments. See Details Try a Demo. Fixed Variable See Spreads. Live chat Phone support Email support Contact Details. Financial Conduct Authority, A Financial Conduct Authority an Let our tool do the hard work of finding your next broker.
Try it Now Visit BrokerNotes. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Rankings are influenced by affiliate commissions. Here are some areas where City Index scored highly in: Allows hedging 2 languages. Social Trading see alternatives Share Dealing. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Part 4 What is the MT4 trading platform? BrokerNotes Top MT4 Forex Broker As one of the most established and popular trading platforms, the MT4 is a top choice for traders looking for a powerful forex trading platform.