MT4/ MT5 Providers

What is MetaTrader 4: its history

  • Market execution. It is used in the case when the market price is used, not a price that is shown on the trading service;
  • Instant execution. This type of trades are executed according to the price, available on the platform;
  • Exchange execution. Trading orders are completed according to the current depth of the market;
  • Request execution. A market order can be completed in 2 steps. A trader needs to request a quote. Then a system gives the trader a short period to make a decision if he or she wants to proceed to the second stage or not. It is the slowest type of execution, but it gives certainty in the price that a trader will have.
  • Client Terminal
  • MetaTrader 4 Manager
  • Mobile applications

Why should I try MetaTrader 4?

MetaTrader is a popular trading service

It is easy to use

MetaTrader 4 “speaks” your language, not only English

Ability to manage it on the go

Demo accounts

Advanced charting options

Expert advisors

Built-in communication tool

Low resources are needed

It is highly secured

Ability to customize it

Choosing an MT4 provider

Data security

Great customer support

FAQ is more than a user support

Check out reviews

How to open a MetaTrader 4 account?

System requirements

Setting it up

Pros and Cons of MetaTrader

Advantages

  • It is easy to use
  • Trading tools are free
  • Supported by a wide range of third party services
  • Widely accepted by a wide range of brokers around the globe
  • Great variety of options
  • Ability to implement Expert Advisors (EA)
  • A big number of guidelines and a strong community to get assistance.

Disadvantages

  • Timeframes, available in the charts, cannot be customized
  • MQL4 language has bugs
  • This language can be applicable for related programs only
  • It cannot be implemented in high-frequency trading operations

Comparing MetaTrader 4 and MetaTrader 5 (MT4 and MT5)

Analysis of MT4 and MT5

Automated trading

Trading orders

MetaTrader 4 vs MetaTrader 5: what should I choose?

Choosing the best MT4 provider on Finarm.com

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Finarm is a comprehensive financial platform that is accessed by thousands of crypto and Forex brokers all over the world