MetaTrader 4 is a forex and CFD electronic trading platform, which is also known as the MT4 platform. It enhances the forex trading experience though some unique features, such as analyzing the forex market and operating advanced trading, running trading robots, and much more. However, it is available to use through the official website or the MetaTrader 4 forex brokers.
History of the MetaTrader 4 (MT4) Trading Platform
MetaTrader 4 was launched in 2005 by MetaQuotes Software, a Russian fintech company. The platform evolved from earlier versions dating back to 2002, with MT4 representing the culmination of years of development and market research. Between 2007 and 2010, MetaQuotes rolled out significant updates that expanded MT4’s capabilities and broker integrations. The platform’s popularity skyrocketed thanks to its support for third-party Expert Advisors (EAs) and custom trading scripts, making it the preferred choice for both retail traders and brokers worldwide.
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$100
Mobile Trading Available
* Follow & copy top-performing traders.
$100
Mobile Trading Available
* Over 120 prestigious industry awards, our commitment to excellence has been recognized globally.
$200
Raw spreads means really from 0.0 pips
* Over 29 Billion USD in FX trades processed daily.
$1
Spreads from 0.7 pips
* 550+ CFD assets, including 70+ currency pairs.
$10
Execute your orders in milliseconds, no matter how big they are.
*Trade with the world’s largest retail broker and benefit from better-than-market conditions.
$50
Low Spreads and Commissions
* We offer a superior trading environment that puts traders in the best position to profit..
$200
Trade from 0.0pts on FX and 0.05pts on gold.2
* Access a world of opportunity with over 1350+ instruments to trade as CFDs, including.
$10
Reliable Powerful and Flexible Raw Spreads from 0.0 pips
* Xtreme Markets Copy Trading Program offers the opportunity to automatically copy trades of successful traders.
$100
High leverage of up to 1:1000 for professional clients
* Excellent customer support with 24/7 live chat, phone, and email support.
$100
Sign up, Create an account and start trading on low spreads
*Find your next opportunity on 800+ CFD markets with TradingView integration, daily trade ideas, professional trading insight, and code-free automation.
MT4 Platform Features
Since its launch, MetaTrader 4 (MT4) has stood out as a leading trading platform due to its advanced tools, customization, and automation capabilities. Over the years, MT4 has evolved with new features, analytical tools, and trading robots, making it the top choice for traders worldwide. Below, we break down MT4’s key features that set it apart from competitors.
- User friendly
There is no way we can deny the fact of its user-friendliness. If you are looking for a platform that is easy to use and has an understandable interface, MetaTrader 4 is the tool you are looking for. Even as a newbie, you can quickly figure out the open positions and customize the charts. Besides, you can go anywhere from the dashboard. Moreover, you can get this user-friendliness in various operating systems and devices.
- Customization
One of the most demanding features is unparalleled customization. MetaTrader 4 forex brokers and traders can customize their platform without even knowing the coding. Besides, you can also create your own custom indicators and can do anything you want.
- Charting
Although, the charting in MT4 is not as sophisticated as other platforms. But, still, they offer some strong and advanced charting features. It has nine different time frame options that can choose from three different chart types, such as candlestick, bar, and line.
- Trading System
MT4 trading platform comes with three trade executions modes. The modes are-
- Instant execution with 2 markets 4 pending
- 2 stop orders
- Trailing stop function
Besides, MetaTrader 4 also has a quick trading function that allows doing the trading directly from the chart. While trading, you will find a tick chart feature that provides the right method to determine the entry and exit points.
MetaTrader 4 forex brokers’ newest updates offer exchange trading features, which includes time & sales as an instrument. The new version also comes with an economic calendar along with a detailed indication of each indicator. This calendar function lets you track the trading and analysis based on that.
- Technical Analysis
If you were lack behind because of less technical analysis opportunities on other platforms, now you don’t have to, as MetaTrader 4 offers a wide range of analytical options. All the technical symbols can be displayed in 9 different time frames that can get you to see the price dynamics in detail. Additionally, it has 30 built-in technical indicators along with 24 different graphic objects for a comprehensive analysis.
- Security
MetaTrader 4 platform ensures the highest security for both MT4 forex brokers and traders. It has an encrypted data exchange feature between the server and the client terminal. Additionally, MT4 also allows using the RSA digital signature.
- Faster
The execution time in MetaTrader 4 is faster compared to the other competitors. At the same time, unlike other platforms, MT4 doesn’t need to join any third party connections for exchanging protocols.
- Web trading
To relieve you from the hassle of installing software, with a good internet connection, you can start trading from any browser on any device or operating system. There is no difference between the web platform and regular platform as it is safe with encryption like the regular platform.
- MetaTrader Market
MetaTrader has its market for forex applications that can ease the trading. The market provides a wide range of applications/ software consisting of 2100 technical indicators and 1700 trading robots. Besides, you can buy or rent robots form the market with convenient payment methods.
Best Forex broker for MT4 2025
Since almost all the brokers offer MetaTrader 4 platform, it becomes challenging to select the best one from hundreds of mt4 Forex Brokers. Because of that, we follow some criteria to identify the best broker for MT4.
- Regulations: This is the first thing we look for, then go further. We always check whether the MetaTrader 4 Forex Brokers are regulated or not as unregulated brokers are risky to trade.
- Execution Time: As we know already that MetaTrader4 is fast in execution time. However, you may get delayed because of the integration with the broker. So, we check the broker how speedy their server is. Furthermore, a delayed execution may put you through potential loss.
- Deposit and Withdrawal: We also look for the deposit and withdrawal policies while selecting the best broker for MT4, as an easy and quick transaction process is mandatory.
- Transaction Costs: Some MT4 broker may charge a huge commission rate as they offer MetaTrader 4 for free, while some may charge less. We consider both of the types after checking other factors.
