Choosing the right platform is one of the most important decisions a CFD trader will make.
MetaTrader 4 (MT4) is relied upon by hundreds of thousands of traders and offered by hundreds of brokers worldwide. Its position as market leader is no coincidence as the platform offers industry beating levels of usability and customization.
Top Reasons to Trade With MT4 (MetaTrader 4)
So, what are the top 10 reasons to trade with MT4?
1. Charting Tools and Indicators:
Advanced charting capabilities are crucial to many traders and MT4 excels in this category. Users can trade and analyse the markets with a host of customisable features or import their own.
2. Expert Advisors:
One of the most popular features of MT4, Expert Advisors enable automated trading and analysis. Download and purchase online or program in Meta Quotes proprietary coding language.
3. Markets for Every Kind of Trader:
The MT4 platform has been designed to support FX, commodities, futures and equities. Hundreds of markets facilitate a diverse portfolio in just one platform. A provider such as CoreSpreads can easily add a new market should a trader require it.
4. Communications:
Communication from brokers comes direct to the platform, making trading that bit more streamlined. No more switching between inbox and trading platform, as MT4 brings everything together in one place.
5. Usability:
The MT4 interface is easy-to-use, allowing both rookie and veteran traders to trade the markets with ease. Troubleshooting is straightforward with a large support community online.
6. Customization:
Users benefit from a wealth of features that enable them to create a bespoke platform for all their trading requirements. MT4’s MQL programming language allows traders to develop their own Expert Advisors and take their strategies to new levels of sophistication.
How Does a Velocity Check Work?7. Reliable Software:
MT4 is one of the best pieces of software in the industry, and runs reliably on a low-spec PC. Trading actions are implemented immediately and reliably, removing one of the unnecessary stresses of trading.
8. Language:
MT4 is a truly international platform for the international markets. Clients around the world can experience the benefits of MT4 in their own language.
9. Account Information:
Viewing account details shouldn’t distract from trading. At the click of a mouse clients can access account history from the MT4 platform. Users can also purchase signals and access the Code Base community with ease.
10. Security:
Anything concerning privacy and the internet requires top-level security. MT4 encrypts a trader’s communications and hides the user’s IP address to minimize the threat of hacks and attacks.
MT4 provides almost all the resources a trader could need in one reliable, easy-to-use platform. Pick the feature you want to use,then customize it to suit your trading style. Try a free demo MT4 account with Core Spreads to find out for yourself.
Risk Warning: Financial spread bets and CFDs are leveraged products. Losses may exceed deposits. 🙂
