MetaTrader 4 Forex trading platform (2024)

MetaTrader 4 offers the leading trading and analytical technologies, as well as additional services. It has everything you need for Forex trading.

Analyze quotes of financial instruments using interactive charts and technical indicators

Flexible trading system and support for all order types allow you to implement any strategy

Examine currency quotes from various perspectives with more than 65 built-in technical indicators and analytical objects

Copy deals of successful traders directly in the platform using the Trading Signals service (social trading)

Trading alerts will notify you of favorable market conditions

Visit the Market — the biggest online store of trading robots and technical indicators

The MetaTrader 4 trading system

The powerful MetaTrader 4 trading system allows you to implement strategies of any complexity.

The Market and pending orders, Instant Execution and trading from a chart, stop orders and trailing stop, a tick chart and trading history — all these tools are at your disposal.

With MetaTrader 4, trading becomes flexible and convenient.

3 execution modes
2 market orders
4 pending orders
2 stop orders and a trailing stop

The MetaTrader 4 analytics

Analytical functions are one of the MetaTrader 4 platform's strongest points.

Online quotes and interactive charts with 9 periods allow you to examine quotes in all the details quickly responding to any price changes.

23 analytical objects and 30 built-in technical indicators greatly simplify this task. However, they are only the tip of the iceberg.

The free Code Base and built-in Market provide thousands of additional indicators rising the amount of analytical options up to the sky. If there is a movement in the market, you have the analytical tools to detect it and react in a timely manner.

Interactive charts
9 timeframes
23 analytical objects
30 technical indicators

Trading signals and copy trading

No time for trading? That is not a problem, since MetaTrader 4 can automatically copy deals of other traders. Select your provider, subscribe to a signal and let your terminal copy the provider's trades.

Thousands of free and paid signals with various profitability and risk levels working on demo and real accounts are at your fingertips.

Make your choice, and MetaTrader 4 will trade for you.

Thousands of providers
Thousands of trading strategies
Any trading conditions

The MetaTrader Market

The built-in Market is the best place to find an Expert Advisor or a newest technical indicator.

Buy any of the hundreds of trading robots or indicators and launch them without leaving the platform. The purchase is simple, transparent and secure.

the widest selection of trading applications in the world
1 700+ trading robots and 2 100+ technical indicators
free and commercial products

Algorithmic trading

Almost any trading strategy can be formalized and implemented as an Expert Advisor, so that it automatically does all the work for you. A trading robot can control both trading and analytics freeing you from the routine market analysis.

MetaTrader 4 provides the full-fledged environment for the development, testing and optimizing algorithmic/automated trading programs.

You can use your own application in trading, post it in the free code library or sell in the Market.

The MQL4 language of trading strategies
MetaEditor
Strategy tester
Library of free trading robots

Mobile trading

Smartphones and tablets are indispensable in trading when you are away from your computer.

Use the mobile versions of MetaTrader 4 on your iPhone/iPad and Android devices to trade in the financial markets.

You will certainly appreciate the functionality of the mobile trading platforms that include the full support for the trading functions, broad analytical capabilities with technical indicators and other graphical objects. Of course, all these features are available from anywhere in the world 24 hours a day.

Support for iOS and Android OS
Full set of trading orders
Analytics and technical indicators

Alerts and financial news

The latest financial news allows you to prepare for unexpected price movements and make the right trading decisions.

Alerts inform you about certain events, so that you can take appropriate measures.

Current financial information
Timely notification
Different market conditions

Download MetaTrader 4 and open a demo account to receive all this for free!

MetaTrader 4 Forex trading platform (2024)

FAQs

Is MetaTrader 4 a good trading platform? ›

When it comes to features, MetaTrader 4 stacks up pretty well against the competition. In fact, it provides most of the industry's standard features. In addition, it boasts unique things like automatic trades through its coding language. If you compare it to say, Robinhood, MetaTrader 4 has far more going for it.

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Is MetaTrader 4 available in USA? ›

Learn more about the benefits of MT4, how to open an account with us, and what features it offers – including a range of free indicators and add-ons. Start trading today. Call 844 IG USA FX or email newaccounts.us@ig.com. We're here 24 hours a day, from 3am Saturday to 5pm Friday (EST).

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How to use MT4 in usa? ›

How to transfer your MT4 account to us

Create a FOREX.com MT4 account.
Log in.
Set up and fund your FOREX.com MT4 account.
Log into your existing MT4 platform with your FOREX.com credentials and all your chart data and analysis will automatically sync.

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How much does MT4 platform cost? ›

MT4 is absolutely free to use. You may download it separately for individual trading or access the software from a broker you are assigned to.

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What is the disadvantage of MT4? ›

MT4 was primarily designed to operate on a Windows operating system. As a result, Mac or Linux users may not experience the same level of performance as Windows users. Even though there are workarounds, this could be a drawback for those who choose to use alternative operating systems.

Can you get real money from MetaTrader 4? ›

Once you register with a specific broker you will be able to trade through their version of MT4 and any profits you will be able to withdraw from the broker's Client Portal, and not the MT4. The MetaTrader 4 platform doesn't come with a built-in feature where you can deposit or withdraw funds.

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Can US traders use MT4? ›

MT4 has been the standard for FX, both with U.S. regulated brokers and offshore brokers. MT5 is more often used for U.S. Futures Trading. MT5 unlike 4 comes in two versions: Netting and Hedging. Whereas an EA hedges or not under MT4, with MT5 the platform itself determines whether hedging takes place.

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How can I legally trade forex in USA? ›

Are Forex Brokers and Forex trading legal in the U.S.? Yes, forex brokers are legal in the U.S., but they must be registered with and regulated by the Commodity Futures Trading Commission (CFTC) and be members of the National Futures Association (NFA).

Is MT4 a Russian app? ›

MT4 was released in Russia in 2005 before MT5 came in 2009 to support more trading instruments. According to a study conducted in September 2019, MetaTrader 4 was still the most popular trading platform in the world at the time.

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Do I need a broker for MetaTrader 4? ›

So, the quick answer is yes, you do need a broker for MT4. If you are not ready to register with a broker and trade with real funds, you can go straight ahead and download the MT4 platform directly from the MetaQuotes website. You can then use the free demo account to practice trading with virtual funds.