What is the MT4 Forex Trading Platform?

2022-01-03 10:46:27

The current foreign exchange market is developing towards globalization. Many people are optimistic about this development market. Therefore, a large number of brokers and exchanges continue to emerge. The MT4 trading platform has become a platform that most brokers will use. The main reason for a trading terminal is that the MT4 trading platform provides investors with the best trading system. Next, let’s take a look at the functions of the MT4 trading platform.

What is the MT4 trading platform

MT4 trading platform is a professional online foreign exchange trading platform launched by metaquotes company, its full name is MetaTrader 4. Mainly for brokers to provide their customers with multiple markets such as foreign exchange transactions, CFDs, stocks and futures markets, and enter the product trading platform. Investors can conduct their own transactions through the MT4 foreign exchange trading platform, and can also provide trading services for the global financial market. All brokerage companies on the Internet provide a full range of services including back-office support. At present, there are more than 100 foreign exchange brokers and banks in more than 30 countries around the world have chosen to use the MT4 trading platform as their online trading platform. It can be said that MT4 integrates multiple functions such as market quotations, charts, technical analysis, and order trading. It is a very good software.

What are the functions of the MT4 trading platform

1. Nine time period charts.

2. Technical indicators with 30 modifiable parameters

3. Provide three types of charts: histogram, candlestick, and line chart

4. The layout and interface saving system used to design the chart

5. A variety of interface styles and sounds can be selected

6. Provide an investment strategy system, which can help users test and improve their own trading system

7. It can back up historical data, provide intelligent addition system, MQ language editor and many other functions

8. It can provide 4 kinds of straight lines and channels, 3 kinds of Gann, 5 kinds of Fibonacci lines, 3 kinds of graphics, 8 kinds of arrows, Andrew's bifurcation line, cycle cycle line, text and text labels and other powerful line drawing tools And graphic labels, and can be personalized parameter settings.

On the whole, the MT4 trading platform file is only 1.4M, less than 4M after installation. It is not related to other system software. It does not need to rely on other programs to run. It can also be copied to a U disk after installation and run on other computers. It can support The proxy network has relatively low requirements for network bandwidth.

After reading the above content, everyone must have an understanding of the MT4 trading platform, and I hope it can be helpful to everyone.

Risk Warning: The above content is for reference only, and does not represent JRFX’s position. JRFX does not assume any form of loss caused by any trading carried out in accordance with this article. Please consult your financial planner for your investment portfolios and manage your own risk.

JRFX is an online CFD broker providing more than 50 products for Forex, metals and commodities. Open a trading account within a minute. Deposit 100USD and download our MT4 trading platform now! We have unprecedented promotion program!