Successful forex traders need a flexible forex trading environment. MT4 is short for MetaTrader4. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. Choosing the right Forex platform for your trading style is important to your success.
Trade the global markets, your way
Trade the global markets, your way. Advanced Trading Platform Designed to meet the demanding needs of active traders, our desktop platform puts you in the driver's seat of your trading experience with fully customizable layouts, trade preferences, one click trading, a build your own indicator feature, and much more. Mobile Trading Never miss a market move — our mobile apps power a complete trading experience, right at your fingertips. Get started in less than 5 minutes. MetaTrader 4 Experience MT4 at its best with reliability, integrated insights and account management features.
Power up to Advanced Charting Our web platform combines power and simplicity with charts by Trading View. Active Trader Rewards Designed for high-volume currency traders, enjoy exceptional customer experiences tailored to your unique needs with Active Trader. Gain instant, low-cost Straight-Through Processing STP of your orders at razor-thin spreads, as well as powerful trading features unmatched by any other FX platform on the market.
Get real-time executable streaming quotes from more than 50 liquidity providers for over 80 global currency pairs as well as metal, energy and CFD products. Fortex also receives liquidity from numerous hedge funds and broker-dealers. Hosted in a dedicated facility at Equinix NY4, the Fortex platform runs on a fully redundant, carrier-class IT infrastructure for always-on availability.
Hot-swap features on critical network servers and network infrastructure mean that Fortex is never taken out of service. Full redundancy combined with hot backup in Silicon Valley and a network footprint in Asia make data instantly recoverable if necessary. You get continuous, reliable performance for maximum trading performance. Fortex enables high-velocity trading with lightning-fast speed. By eliminating Internet transport, Fortex reduces round-trip trade time to sub-1ms with Gbps throughput.
We easily process thousands of orders concurrently and more than half a million orders per day. Artificial intelligence provides Straight-Through Processing STP of orders without human intervention for instant, low-cost execution.
Fortex STP optimizes trading decisions across all markets by locating maximum liquidity, discovering price improvement, and minimizing market impact. Easily identify and manage potential risk factors with our industry-leading robust, real-time risk monitoring and management tools.
Accurately assess real-time market exposure by firm, trading domain, individual, asset class, currency pairs, or other criteria. City Index have a AAA trust score, which is good. City Index offers a range of different account types for different traders including a micro accountmini account,. They do not offer islamic accounts. Part 3 A Comparison of City Index vs. MT4 is short for MetaTrader4. The MT4 platform is the most popular solution for retail forex brokers looking for a turnkey platform, developed by MetaQuotes Software Corp.
Forex brokers customise the MT4 platform according to their branding requirements and thereafter offer it to their clients. As just mentioned, the MT4 serves the retail individual, non-professional end of the market, however it still provides powerful features to allow retail investors to effectively begin forex trading.
The MT4 is considered a revolutionary product because of the quantum leap the platform took in terms of features and performance when compared to its predecessor. The MT4 was later upgraded to the MT5, but due to the massive popularity of the MT4 platform, the MT5 never really took off in the market and MetaQuotes Inc was forced to do a re-design which combined many features of the MT5 with the old MT4 to create a brand new MT4 Build platform, starting from Build which was launched in The popularity of the MT4 platform has forced many brokerages which were operating with proprietary platforms to include the MT4 to the list of forex platforms they offered their clients.
The MT4 is arguably the most popular forex trading platform in the retail forex market today with over banks and brokers offering the platform. As one of the most established and popular trading platforms, the MT4 is a top choice for traders looking for a powerful forex trading platform.
With over institutions offering the MT4 platform, the search for the right broker for you can be a difficult task. In our comparison table, we have narrowed down the list to the top 5 brokers that offer the MT4 platform, regulated and are the most popular choices for retail traders. They are part the Monecor London Ltd group who are listed on the London Stock Exchange so you can be confident about their financial status and transparency.
The MT4 is a solid trading engine which many traders have under-utilised over the years. The power of the MT4 is showcased when all these functions are put to use. Testing and optimisation of any programmed robots can also be done on the MT4. Strategy testing requires historical data from the M1 time frame and this is also available via the History Centre on MT4. Only professionals who know how to test strategies can perform this function accurately.
The MT4 features charts for all assets traded on the platform. You can add line tools, indicators and other add-ons to the charts to perform technical analysis.
The charts feature three methods of price representation:. Other methods of price representation such as the Renko charts are usually custom-made. Candlesticks are very popular because they show at a glance the open, high, low and closing prices for a time frame. Charts are very important components of trading because they enable the trader perform technical analysis. The MQL Community was launched by MetaQuotes Inc as a response to the yearnings of the millions of MT4 users all over the world, as a one-stop shop for all tools, indicators, scripts and add-ons for the MT4 platform.
It is now possible to purchase or even sell your add-on software on the MQL Community website. This is where various shortcut functions of the MT4 are located.