A trader likes to find utmost comfort in trading. When MetaTrader 4 (MT4) came on the market in 2005, it gained fast popularity among trader for quite a good few reasons. And still today traders like to trade in MT4 despite the new version MetaTrader 5 already came in the market (2010).
Now let us have a look at some accepted reasons of using MT4:
- Friendly User Experience – Using the platform is unanimously easy both for a new trader and the experienced.
- It is available in desktop and mobile versions
- Available in different set of languages
- Multiple market trading (commodities, futures, and equities) options
- supports all currency crosses to trade as per requirement/market situations
- The best demonstration version to understand the platform
- Real-time communication tools reducing complicated email threads
- Advanced charting to trade and analyze technical aspects of markets
- Visibility of account info from within the actual platform interface
- A Higher level of customization – Traders like this platform as they are not restricted to customize its look and feel. They can customize it as per their trading needs and personal preferences
- Customize colors and styles of the charts to reflect personal/identical aspects
- Add or remove functions as per trading interests
- Arrange windows, charts as per profile for ease to follow
- Create profile for different markets to switch trading easily
- Develop own Expert Advisors and technical indicators using MQL programming language
- Automate trading with Expert Advisors – Traders love automated trading. MT4 has given to them the Expert Advisor (EA) plug-in.
- They can pull data out of the system to understand according to market situations
- Handle multiple accounts simultaneously to invest correctly at the right market
- Automate the trading system as per the individual trading practices
- Algorithmic trading with EA programmed to take certain actions in response to varying market data
- Low resource & higher security – Last here but not the least, MT4 is preferred to offer traders a sense of relief as the platform is highly secure and fast to react as it uses minimum device resource.
- Uses minimum space and other device resources to operate fast
- Highly secured as it encrypts the data between trader and server with a 129-bit key
- The trader’s IP address is also completely concealed for viewing by others
What are you waiting for get your MetaTrader 4 today and start trading at your convenience. It is simple, advanced and fast to pull you the profits you deserve utilizing the momentum of Market.