The world of forex is fast-paced, thrilling, and incredibly volatile. New market trends can emerge in an instant, turning all of your plans on their heads before you can even process the change.
This means one very important thing – you need a trading platform that can keep up. Most of your choices will fall into one of two categories: MetaTrader 4 and MetaTrader 5.
Although the latter was initially envisaged as an improvement and enhancement of the former, the original has always retained its popularity, and is often preferred to its newer and shinier successor.
However, it’s not quite as simple as choosing one over the other. Even when your decision is made, you have to select a trading platform format, and for MetaTrader 4, your various options are as follows…
MetaTrader 4 Desktop
One of the most popular MetaTrader 4 formats is the desktop version, and this offers a variety of useful features, including various chart times, time frames, pre-installed technical indicators, and a customizable interface. With some of the best and most advanced trading technology around, it lets users monitor the ever changing markets with a finely honed precision, ensuring that every decision made has as great a chance of success as it possibly can.
MetaTrader 4 Web
Another increasingly popular option is the internet-based version of MetaTrader 4, and its fervent following should come as little surprise to those acquainted with the web-obsessed new generation of investors.
Allowing traders to access their account from any browser connected to the web, it offers speed, ease of use, and an array of fantastic features. Optimized to provide real time news and statistics, it’s ideal for those who trade from multiple locations, and can be easily accessed via brokers like FxPro.
MetaTrader 4 Mobile
No modern platform would be complete without a mobile optimized version to complement your range of options, and MetaTrader 4 delivers on this count as it does on every other.
With a mobile format that allows investors to trade on the go, it can be accessed anywhere and at any time, making it ideal for those who enjoy the flexibility of trading whenever an opportunity, and a spare few minutes, arises.
Available in both Android and iOS compatible setups, its quick to access, easy to use, and provides a full range of trading options for those eager to make the most of the most up-to-date news and statistics.
MetaTrader 4 Multi Terminal
Fourthly and finally, an innovative multi trader terminal is also available for those who require access to multiple accounts at once. This clever technology makes logging into more than one account eminently possible, and provides the added advantage of being able to manage them all from a single master account.
Desktop-based, it provides options for numerous trade size allocation methods, making the process of handling all of your affairs at once as simple and cohesive as anyone could ask for.
If you’re considering your MetaTrader 4 options, which version of this popular platform would be best for you?