The MetaTrader4 (usually known as the MT4) is the most common choice of traders around the world. As Forex trading becomes more popular, software companies are continually launching new forex trading platforms to compete with MT4, but so far it is still the leading FX trading platform worldwide.
The MetaTrader4 is a full cycle trading platform that includes back-office elements as well as front-end terminals. Therefore, with the MetaTrader4, a broker does not need any additional software to run the brokerage business. The MT4 is totally user-friendly for traders and offers a wide range of powerful tools such as financial instruments, databases, data feeders, and many others.
The following advantages proves its popularity and increasing success.
API –Application Program Interface, this allows the software to extend its functionality and integration with other systems. It also grants access to ready plug-ins designed to ease smooth operation of the platform.
ML4 language- this is the programing language of the MT4 which is immensely popular as it allows the creation of new scripts, and integration of EAs, enabling full automated trading
The platform has the benefit of a strong security system on the online operations as the MT4 employs 128 bit encoding
A full set of technical analysis tools and graphics are available
The platform offers multi-lingual and multi-currency support
The MT4 server can serve over 10,000 traders working with multiple accounts simultaneously. The server has the ability to process several different financial instruments with quote history which go back years.
MT4 provides a clear and precise picture of graphs, algorithms and indices, and charts. The software supports the use of advanced methods of representation that even a non-MT4 trader will want to transfer to the MT4 platform.
Customization
MT4 allows its traders to customize trading operations within the market in combination with their level of expertise. It is suitable for their trading needs and practices. For example, if you wish you can begin by trading in gold, then change to FX trading in the middle of the day and finally end up with stocks and equities.
MetaTrader 4 UK is the most popular software available.
Tidak ada komentar:
Posting Komentar