MetaTrader 4 UK- the major FX platform

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The MetaTrader 4 (usually known as the MT4) is the most common choice of traders around the world. As Forex trading becomes more popular, software companies launch new trading platforms to compete with MT4. But so far it is still the leading FX trading platform worldwide.

The MetaTrader4 is a full cycle trading platform that includes back-office elements as well as front-end terminals. Therefore, with the MetaTrader4, a broker does not need any additional software to run the brokerage business. The MT4 is totally user-friendly for traders and offers a wide range of powerful tools such as financial instruments, databases, data feeders, and many others.

The following advantages proves its popularity and increasing success.

API –Application Program Interface, this allows the software to extend its functionality and integration with other systems. It also grants access to ready plug-ins designed to ease smooth operation of the platform.

ML4 language- this is the programing language of the MT4 which is immensely popular as it allows the creation of new scripts, and integration of EAs, enabling full automated trading.

The platform has the benefit of a strong security system on the online operations as the MT4 employs 128 bit encoding.

A full set of technical analysis tools and graphics are available.

The platform offers multi-lingual and multi-currency support.

 

 

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