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What Is Metatrader 4?

If you’re already a trader then you already have an idea of the meaning of MetaTrader 4 is. If you’re unfamiliar with trading then you’ll discover an answer in this article. MetaTrader 4 (also known as MT4) is among the most well-known trading platforms available. It is, in other words, MetaTrader is a software that lets you trade online and is completely free!

MetaTrader 4 is an extremely effective platform that enhances trading experiences by adding additional features. It’s actually possible to trade on an mobile device, execute automated trading using expert advisors or scripts, view custom indicators, sign up to trading signals, and expand the capabilities of the platform by using elements of MQL5 Market. MQL5 Market. If this doesn’t seem to make sense, don’t fret you’ll see it come back later in the study.


It is crucial to know it is that MetaTrader 4.0 is the full trading platform. It has all the required instruments for trading online.

Based on the broker you choose to use, you are able to trade on the internet:

Securities (Google, Apple, Microsoft and others).
Indexes (S&P500 and similar).
Currency pairs (EUR/USD USD/JPY, GBP/USD and many more).
Commodities (Gold Silver, Oil , to name some).

MetaTrader 4 lets you look at current prices, and to download historical data free of charge. Charts can be opened in various time frames to gain a better understanding of the trends in the market. You can also include indicators for an analysis of the technical market.

Through MetaTrader 4, you can join trading signals and trade the same signals that others are doing in an automatic mode.

One of the most effective characteristics that is a highlight of MetaTrader 4 is its ability to be customized according to your requirements. With the MQL language you are able to, actually, write scripts that execute specific actions, create custom indicators in the event that the ones you have don’t meet the criteria you are looking for, and expert advisors that automate tasks, and even trade on your own without your supervision. This is possible using MetaEditor.


MetaTrader was initially developed in in 2002, by MetaQuotes Software and there are two major versions: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). While it isn’t the most current version, MetaTrader 4 holds the top spot in popularity among traders and brokers. Over time developers from all across the globe have developed an abundance of commercial and free parts to enhance MT4 even more efficient.

Operating Systems

MetaTrader 4 is available for all of the most well-known operating systems. You can download it on:


But, take note that MetaTrader does not have native support for Mac as well as Linux. If you’d like for it to work on these operating systems, you’ll need to use a workaround or an additional program.


MetaTrader is a multi-faceted platform with a number of parts. As a trader you don’t have to worry about knowing everything in depth. It is nevertheless beneficial to be aware of what they’re and what their role.

Client Terminal is the program used by traders to check prices and to submit orders.
Mobile App is a specific app designed for mobile devices, such as tablets and smart phones.
Server is the program that runs at the back end, typically through the broker. It handles the price as well as orders and keeps track of every activity.
Administrator is a component that helps manage the server.
Manager : to handle the accounts of customers.
Data Center — kind of intermediary, or proxy, to facilitate communication between Servers and Clients.

As we’ve mentioned when you trade, you won’t require all the parts You will only be making use of only the Mobile App and Client Terminal.


In this moment you’ll have an concept of what MetaTrader 4 trading platform is. The software is extremely popular because of its user-friendly and extensive features. You will definitely gain from making use of it for Forex trading.

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