Online investors can trade on live market prices being streamed by trading platforms, as well as enhance their profit potential with some additional trading tools provided by these platforms such as trading account management, live news feeds, charting packages and can even use trading robots, also called expert advisors.įind out more about MT4 Supreme Edition indicators and how to successfully use them, in our concise but comprehensive manual. Facilitate online transactions between buyers and sellers by executing their trades). Brokerage companies) that operate as financial intermediaries (i.e.
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Online (or electronic) trading platforms are computer-based software programs used to place trading orders for various financial instruments through a network with financial institutions (e.g. Especially developed for individual online traders). Not only is MT4 considered to be the most popular online trading platform to access the global markets but it is also regarded as the most efficient software for retail foreign exchange trading (i.e. Released in 2005, the MT4 trading software became extremely popular with retail forex traders especially for its easy to use features and the ability to even facilitate automated trading by allowing users to write their own trading scripts and trading robots (commonly known as expert advisors).įor most online traders and investors, whether they are trading or CFDs (Contracts for Difference on various financial instruments), MetaTrader 4, is undoubtedly a household name today. MetaTrader 4, commonly nicknamed MT4, is a widely used electronic trading platform for retail foreign exchange, developed by the Russian software company MetaQuotes Software Corp, which is currently licensing the MT4 software to almost 500 brokers and banks worldwide.
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