MetaTrader 4 Platform

MetaTrader 4 Platform Review 
MetaTrader4 (MT4) is the 4th platform designed by MetaQuotes Software Corporation and it was released in 2005. MT4 is certainly one of the most popular trading platforms in the world. MT4 is by more Forex brokers than any other manual or automated trading platform. It is also considered a highly reliable and secure trading platform.
MetaTrader 4 Basic Features
-MetaTrader 4 is designed to be used in Forex, Futures, and CFD markets.
-Both manual and automated trading are available.
-MetaTrader4 provides a wide variety of financial instruments, databases, and data feeders.
-MetaTrader 4 provides also multi-currency and multi-language support.
-The MT4 platform includes API (Application Program Interface) which enables high functionality and integration with any other trading systems
-A wide number of plug-ins designed to improve the platform operation.
MetaTrader 4 Basic Structure
MT 4 is a full-cycle trading platform that contains back-office components but also front-end terminals. In that way, no additional software is needed and the whole system works online. MT4 Server is found in the center of the trading system where all trade transactions are processed and all historical data is managed. MT4 Client Terminal is the main trading tool that provides traders the ability to execute a transaction, to perform technical analysis, and to use Expert Advisors.
MetaTrader 4 server can serve over 10,000 multiple accounts simultaneously. The server is capable of processing dozens of different financial instruments with quotes history going back many years.
Automated Trading with MetaTrader 4
MetaTrader 4 client terminal is designed on MetaQuotes Language 4 Integrated Development Environment (MQL4 IDE) which incorporates:
-MetaQuotes Language 4 (MQL4)
-MetaEditor (compiler and editor of Expert Advisors)
-Strategy Tester (testing and optimization of Expert Advisors)
The client terminal includes a built-in editor and compiler and provides traders with free software, data, articles, and help. According to Yahoo, there are 12,000 members devoted to developing free software for MetaTrader. Several developers have compiled software bridges providing integration with other financial trading systems for automatic hedging of positions.
Basic Steps for Automatic Trading using MT4 or any other Platform
Before you start automated trading you should:
1) Find a reliable Forex Broker with low spreads » Check our Forex Brokers Comparison
2) Find a Reliable Trading System » Check our Forex Trading Systems Comparison
3) Train on a Demo account before trading real money
4) Learn how to read statistics
5) Learn about MT4 EA accuracy but also the EA Win/Lose ratio.
6) Be able to identify and manage overall trading risk
MT4 Strategy TesterAutomated Trading Championship
Each year hundreds of MT4 developers participate in the MetaTrader4 Automated Trading Championship to showcase their results.

MetaTrader 4 Free Download
Meta Trader 4 client service is free and you may download it using the following link. » Download the MetaTrader 4 terminal here for free

Minimum MT4 Requirements:
  • Microsoft XP/Vista (or higher)
  • 1Ghz processing speed
  • 512 MB of RAM and 100 MBÂ free hard disk space
  • Monitor 1024x768 (recommended 1280x1024)
  • Internet Explorer 5.0 or higher

Download Meta Trader 4 for mobile devices

MetaTrader 4 supports all popular mobile devices as iPhone, Android, PDA, and Windows Mobile. MetaTrader4 mobile platform provides functional Forex trading using 30 technical indicators.




■ Automated Trading: YES

EURUSD Spread:

  • 1.3 Pip without any commissions

■ Number of currency pairs: 35+

■ Cryptocurrencies: YES

 Promotion: Welcome Bonus, Rebates, Free VPS

Min. Account: 

  • $10

    Funding Options:

    • Bank Wire
    • Credit and Debit Cards
    • Skrill and Neteller
    • Perfect Money
    • AstroPay, AdvCash
  • Tight spreads on zero-commission account
  • Fair spreads and fast execution
  • Fast withdrawals via wallets
  • Free VPS

AXI Forex


■ Automated Trading: YES

EURUSD Spread:

  • 0.0 Pip plus $7.0 per round lot

■ Number of currency pairs: 50+

■ Cryptocurrencies: YES

Promotion: Free VPS, Free Autochartist

Min. Account: 

  • $10, and
  • $1000 for Pro account
  • Tight trading spreads starting as low as 0.0 pips plus $7 commissions per full traded lot

  • Free VPS and Autichartist

■ Automated Trading: YES

EURUSD Spread:

  • 0.1 Pip plus $4.0 per lot

■ Number of currency pairs: 50+

Promotion: Free VPS

Min. Account: 

  • $5 for Micro Account
  • $500 for ECN account 
  • Tight spreads
  • A wide Forex asset index

■ Automated Trading: MT4 and MT5

EURUSD Spread:

  • 1.4 Pip (no commissions)

■ Number of currency pairs: 70


Free VPS, a small Welcome Bonus

Min. Account: $10

  • A wide variety of Forex pairs (70+)
  • Free VPS, PAMM Accounts


MT4 Expert Advisors
Forex Robots specially designed for MT4:
EA Builder Forex Robot Creator Forex Diamond Review Volatility Factor Robot WallStreet Forex Robot
Automated Fx Trading Platforms -MetaTrader4 Review
Forex Automatic


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