Like any download, traders must choose the location on the drive. When on the broker’s web page, the trader is prompted to download the platform on his/her desktop. Therefore, there’s a version for every operating system, and a web-based option, as well. They custom the offer based on the operating system a trader has. Download MT4 From Different Locationsīrokers offer all possible versions for the MT4 platform. Our MetaTrader 4 tips list begins with, what else, but the downloading of the platform. The options are literally unlimited, and probably no two traders are using the same features once. The MT4, therefore, comes as a handy trading platform for a brokerage house to offer and traders love it for its simplicity and ease of use. Without giving names, it is enough to say that for most retail traders the minimum requirements for opening a trading account are quite restrictive. Such brokers also have restricted conditions before opening a trading account. The ones that don’t are typically big houses, with considerable investments in their dedicated trading platforms and plenty of additional costs for support and maintenance. There are virtually very few brokerage houses dealing with retail trading that do not offer the MT4 platform. Let’s start! 10 MetaTrader 4 Tips for the Professional Retail Trader No matter how advanced you are with the MT4 platform, I’m sure you’ll find at least a couple of helpful features inside this article. In doing that, I will cover the most critical Metatrader 4 tips and tricks to make your life as a trader easier. However, this article intends to go beyond a simple look at the platform. I’m sure that many of you already know the MT4 platform and are familiar and are trading with it. Nowadays, the MetaTrader 4 together with its new version, MetaTrader 5, are the preferred trading platforms among retail traders.ĭeveloped by the same company, the new version appeared mainly due to regulation in some parts of the world that restricted the use of the MT4 platform. That is what makes it so versatile, which no other competitor managed to outpace it. The most significant advantage of the MetaTrader 4 platform is that it has, on its own, plenty of third-party integrations (e.g., custom indicators, strategies, expert advisors). It is licensed to Forex brokers, branded, and has the big advantage of significantly reducing the operating costs. To the surprise of many, the MetaTrader 4 is a third-party platform. At first rudimentary, trading platforms proved to be costly for retail brokers. Naturally, the trading platform became the centre point. Online retail brokerage houses started to invest more and more to improve execution conditions and attract new clients. Suddenly, anyone with a secure Internet connection could participate in the buying and selling of currencies in the international arena. Their volatility was quickly spotted by traders ready to speculate on their movement.īut these traders were either high net-worth individuals or worked for big investment houses and banks that could cover the high costs of operating on the interbank market. MetaTrader4 (MT4) – 10 Useful Tips and Tricks for Using the United States dropped the gold standard in 1971, international currencies started to free-float against each other.
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