What is MT4 trading?

MetaTrader 4 (MT4) is a trading platform developed by MetaQuotes in 2005, which is most often associated with forex traders. MT4 is highly customizable, and it can also be used to automate your trading with algorithms that open and close your trades according to set parameters. How do you use MT4?

What is MetaTrader 4?

MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients.

Is MT4 free?

Yahoo! hosts a large group (over 12,000 members) devoted to development of free open source software for MetaTrader. MT4 is designed to be used as a stand-alone system with the broker manually managing their position and this is a common configuration used by brokers.

Why is MT4 so popular?

MT4 is extremely popular due to the fact that it is highly customisable to your individual trading preferences. It can also be used to automate your trading, using algorithms which open and close trades on your behalf according to a list of set parameters. How do you use MT4? Below is a step-by-step guide on how to access and use MT4 with IG.