MT4 platform

MetaTrader or simply MT is known as the most popular automated software and trading platform used by thousands of traders worldwide who trade online and expect to get software which can assist them a lot in getting profits if not from all but at least from most open trading positions. Traders and brokers choose MT not just because of its reliable reputation and a number of settings it can offer but also due to the fact this software is quick in work and easy to set up which can't be referred to many automated programs developed especially for Forex trading.

The Meta Trader 4 is the most common version powered by MetaQuotes Software in 2005. Decidedly, it’s the best online trading platform nowadays. As we know, between 2007 and 2010 a number of brokerages added the MT4 platform as an optional alternative to their existing trading software due to its popularity with traders and the large number of third party scripts and advisors, that’s why it happened. But not only for this reason, in 2010 a significantly re-coded MetaTrader 5 went into public beta testing and was subsequently released later in the year, and also In 2013 and 2014 MQL4 programming language has been completely revised reaching the level of MQL5. Starting from build 600, MQL4 and MQL5 use unified MetaEditor. So, as we can see time is running out, but no one new version can replace the old multifunctional leader, MT4.

However MT4 as the last successful version of MetaTrader can boast a certain number of unique settings which make it the favorable platform for Forex traders all over the world:

To talk about some how to choose trading platform tips - perfectly tuned software can save you from losing money and visa versa neglected attitude to setting up can bring negative consequences. So any software should be easy to install and tune even for a newbie who doesn't know all these nuances.

User-friendly and pleasant interface is another thing a trader should consider while choosing automated Forex software because traders sometimes have to spend hours looking at the screen and that is why perfectly designed and relaxing background colors can provide a person with all possible comfort for his eyes. However not a perfect design and quickness in works can't replace a number of settings and instruments given by software to a trader and basic tools every robot should provide so a trader or a broker could easily find it if necessary. For example, there have to be included such important factors as technical analysis and charts comparison tools which are required for making decisions whether to buy, sell or hold the open trading position.

Practically all trading platforms and automated software have the same features and tools and just design make them different from each other and some additional instruments and settings their developers provide in order to attract attention of prospective customers. So, Meta Trader4 from MetaQuotes Software complies with all this requirements and yes, it’s best trading platform :)

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