What Makes MetaTrader 4 the Favoured Trading Platform?

calculator-1680905_640It is incredibly important that you choose the best performing trading platform when it comes to entering the world of forex. This will allow you to make trades quickly, efficiently and safely, while also providing many extras that should improve your trading experience. There are a variety of platforms available on the market, but MetaTrader 4 is the favoured one for many traders..

Easy to Use Interface

Trading forex can be an incredibly complicated endeavour, that requires a lot of reading, training and practising before anyone makes a profit. Certain platforms reflect this level of complexity in their interfaces, making it extremely off-putting for beginners. MetaTrader 4 has a well-designed, user-friendly interface which helps new and experienced traders to trade easily and accurately across many markets.

High Security

When dealing with such large amounts of money and sensitive information, users need the platform to be as secure as possible. MetaTrader 4 encrypts the data between trader and server, concealing the trader’s IP address at the same time, to make it secure for all parties. This means you can trade with confidence on a MetaTrader 4 platform as there is a low level threat of hacks and attacks, whether using the platform on a computer, laptop, tablet or smartphone.

Low Running Levels

Considering the complexity involved in trading forex, the MeteaTrader 4 platform actually uses a relatively low processing power. It is also low on resources, which means disruptions is kept to a minimum when it is in use, so other applications won’t be affected. This helps it react faster, so you can place trades incredibly quickly and start profiting almost instantaneously.

Flexibility

The platform was designed to support trading of all currency pairs as well as other markets, such as commodities, futures, equities and more. There are many customisation options, so traders can create an interface that matches trading needs. It could be by placing news lines and charts relevant to your favourite currency pairs at the forefront or other methods.

Analytical Features

The MetaTrader 4 platform includes a lot of news and analytical tools as well as the power to make trades. Charts, graphs, the latest currency prices and more are included to ensure all trades made are well informed and done with the most up to date prices. Download a demo of MetaTrader 4 and try it out for yourself.   

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