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 as 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 is 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.