Before getting started, it is important to know what متاتریدر 4 is. MetaTrader 4 or MT4 is an online trading software for online trading in the forex, futures, and CFD markets. It is widely popular among both professional and beginner investors worldwide for its advanced charting capabilities, extensive customizations, and its automated trading.

MT4 offers a wide range of technical indicators and charting tools for investors and traders to analyze the markets and make concrete trade decisions. Also, you can create automated trading strategies through Expert Advisors or EAs to execute trades based on predefined rules

MT4 offers mobile trading for investors to monitor their trades and perform trades on the go. It includes Multi-Account management, Multi-language support, and a large user community for traders to access the knowledge, including EAs custom indicators as well as forums and other social features.

If you are looking for a fully regulated online trading platform with MT4, try FX Giants and its wide range of markets to trade, competitive spreads and leverages, and more.

How relevant is MT4 for Trading?

MetaTrader 4 (MT4) is a widely used platform for traders and investors of all levels. Since its release in 2005 by MetaQuotes software it remains a popular choice among traders because of its features and functionalities. Another key reason is that it is ideal for beginner traders who have little or no experience with trading. 

MT4 is known for being reliable and stable and its technology has kept updating over time to meet the needs of several traders. MetaTrader 4 has a very user-friendly trading environment that allows users to navigate easily and make the best of their trading.

Alongside MT4 forex trading, you can also check out its newer version which is the MT5, released in 2010 with more features and marketing analysis tools that allow you to hedge. 

What are the several features of MT4?

1. Automated Trading Platform: MT4 allows traders to create and use automated trading strategies, also known as Expert Advisors (EAs), which can execute trades automatically based on predefined rules.

2. Multi-language support: The software supports multiple languages and allows traders to use the platform in their native language from various parts of the world. Because of the multi-language support, you can also communicate with customer support during issues.

3. Advanced Charting: MT4 offers a wide range of charting tools and technical indicators that can be used to analyze market trends and make trading decisions.

4. Customizable Interface: One can customize MT4 to suit the individual trader’s needs and be able to add or remove different indicators and tools from the interface.

5. Multiple Order Types: The MT4 software supports multiple order types, such as stop orders, limit order, and market orders, and give traders more flexibility to manage their trades.

6.  Community: There is a huge community of traders that use MetaTrader 4 to access a huge wealth of resources, that include custom indicators and EAs, and other social features. MT4 is used worldwide and you can find all levels of traders and investors who execute several trades on MT4 regularly.

7.  Mobile Trading: MT4 can be used on Mobile devices and is one of the best mobile trading software for traders to monitor their trades and make trades from anywhere they want.

8. Multi-Account Management: You can manage multiple accounts in MT4 and switch between them easily as well. This allows expert traders a maintain and use more than one account for flexibility and to make better decisions.

Why should beginners use MetaTrader 4?

MT4 is ideal for beginners and one of the best forex trading platforms in 2023. Here are a few reasons why Beginners should use it before trading with proprietary platforms and others.

• Customizable Interface: MT4 is the best forex trading platform in 2023. It can be customized to meet every trader’s needs and preferences. This allows beginners to create a customized trading environment that is tailored to their specific needs.

• User-friendly interface:   has a user-friendly interface that is easy to navigate, even for beginners. This allows traders to quickly access and use the various tools and features of the platform.

• Widely available: MT4 is supported by many brokers, and is known for its availability on multiple platforms such as Windows, Mac, mobile, and web-based, which makes it easily accessible for beginners.

• Demo Account Available – Demo accounts are very useful for new traders who have very little or no experience to trade real-time but can use real funds. This can help them learn about the markets and get experience to avoid incurring losses.

• Security – MT4 is a very safe and secure trading platform with 128-bit SSL encryption for secure login and data transfers. This makes it more beginner-friendly and preferred by many.

• Trade from Anywhere – You only require to download the MT4 software and start trading. You can trade from anywhere you like because MT4 is available on both android and iOS devices. MT4 is also considered very beginner-friendly and the best mobile trading software to trade 24/5.

How can you trade with MT4? 

Þ Follow economic events: Important economic events like GDP releases and interest decisions have an impact on the financial markets. Investors should keep an eye on the latest economic events, and make trade decisions accordingly.

Þ Develop a trading plan: A trading plan can help a trader with their goals, risk management techniques, and strategies. It is crucial to have a trading plan in place before trading, as it can help traders maintain focus and prevent them from taking emotional trade decisions.

Þ Understand the basics of technical analysis: It is essential to know the basic concepts and tools to analyze market trends. Traders should learn about chart patterns, indicators, and other technical analysis techniques for trading successfully.

Þ Use multiple timeframes: Many traders make the mistake of only looking at a one-time frame, but it’s important to look at multiple timeframes to get a better understanding of the market conditions. Traders should look at charts with different timeframes to identify trends and patterns.

Þ Use stop-loss orders: Stop-loss orders can limit potential losses by closing trades automatically when the market moves against a trader’s position. This is a useful tool for traders to protect their capital and use it for managing risks.

Þ Don’t overtrade: Too much trading at a time can lead to significant losses and it is important to keep a track of trade and not overdo it. Traders should stick to their trading plan and trade within limits. Using MT4 for beginners can help you control over-trading and you can trade systematically.

Þ Keep track of your trades: Keeping track of your trades from time to time and analyzing your trades can increase your chances of profit. Traders should review their trades regularly, and use the information to improve their strategies and make better trading decisions.

Final Word

In conclusion, MT4 is suitable for all kinds of traders including those who are starting their trade journey. However, it is crucial to keep in mind that before using the platform on FX Giants, you need to research how to use it and everything you need to know about the platform including its features and functionalities. 

MT4 is for experts and beginners who want to trade other instruments because of its easy navigation and advanced charting for traders to trade easily and without getting confused. One can easily set up buy and sell signals and execute orders.

Hence if you are looking forward to trading forex, cryptocurrency, and other assets and do not know which is the ideal platform to rely on, MT4 is the best choice in all situations that involves trading. Trade today!

DISCLAIMER: This information is not considered as investment advice or an investment recommendation, but is instead a marketing communication