Home
Trader's Corner

[?] Subscribe To This Site

XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Subscribe with Bloglines


Metatrader 4 Review


The metatrader 4 platform offers various features to their customers. Those features include easy Internet trading on any financial market of your choice from the comfort of your home. The platform provides various execution options to the client from buying or selling on the spot to placing orders to buy or sell at a particular time in the future. Some of the main features of the platform include an execution table, where you can buy and sell instantaneously, the currency of your choice with the number of lots you want to trade, your profit target with a stop loss (amount of money you are risking to make profit) and the type of execution you want. Then, simply press the sell or buy button and you are in a trade.


metatrader 4 pic 1
You also have a navigator with a selection of accounts, which can be live and/or demo. The Metatrader 4 platform also showcases a selection of different built-in indicators that you will be using to your advantage, an expert advisor which features automated trading set ups and different custom indicators that you can create yourself or download on your platform.

This may be a huge advantage as with the custom indicators you can start downloading trading indicators put together by other successful traders and use them to profit form the market.

metatrader 4 pic 2
The market watch-list will give you an insight of the different currency that you may. Also shown in this list is the bid/ask price where the difference is referred to as the spread: commission you pay to your broker on each trade taken).
metatrader 4 pic 3

Then, there is the platform itself. Below is a screen shot of a typical MT4 platform with some of the technical tools you may come across.

This particular chart is the 1-hour chart for EUR/USD. Each bar on this chart represents an hour of trading time. You may go down to 1min chart or up to a monthly chart. Take it as being a house. The house is the end product or the big picture that you see, this may be referred here as the monthly and the smaller time-frames which are the daily, 4-hour, 1-hour etc are regarded as the pieces of the puzzle that are assembled to make up the house. Easy right!!



Here is a list of all the forex brokers that use metatrader 4 as the preferred platform:

-FXOpen -InstaForex -FXCast -LiteForex -MasterForex -Alpari -InterbankFX -Forex.com -X Trade Brokers -Tadawful FX -Hotspot FX -Real Trade -Crown Forex -MIG Investments -IKON GM, Royal Division -ODL Securities -IFX Markets -Neuimex -Invest2Forex -FIBOGroup -FXDD -ActiveTrades -Forex Trading Edge -VarengoldBankFX -FxPro -Forex Metal -TradeView Forex -FastBrokers-FXD24 -Ingot Brokers -ForexGen

Top of: Metatrader 4 Review Page

Back to: Forex Trading Platform Page

Back to: Forex Trading Domain Homepage


footer for Metatrader 4 page