A large variety of trading platforms are for the choice of forex traders, some are with great function while some others are just ordinary. So choosing a suitable forex platform makes a difference in forex trading. According to survey after survey, there are several commonly used forex trading platforms in the market and I will introduce one of them-MT4 platform.
Published by MetaQuotes Software Corporation, MT4 platform is designed for trading of such financial products as forex, metals, futures etc. It provides comprehensive services including back-office support via internet. MT4 is now widely used in forex trading. After publishing, it becomes a favorite of a large number of forex brokerage companies and banks worldwide in online trading, especially forex online trading. So what is the reason of its popularity? I summarize the most important reasons below for your reference if you are by chance looking for a suitable platform.
Ø First of all, language barrier is not a problem for MT4 users. MT4 platform provides a multi-language environment for traders.
Ø Secondly, MT4 owns powerful functions, for example, traders are able to set price alert, place advanced orders and even set stop losses etc. all the up-to-date functions enable convenience for traders to trade without sitting in front of computer all the time.
Ø More and more people choose to use smart phone due to its portability. MT4 mobile platform will be available on iPhone and iPad, providing full-featured Forex trading, technical analysis (30 technical indicators) and account control available any time and from anywhere in the world.
Ø MT4 platform contains Application Program Interface (MetaTrader 4 API) that makes it possible to extend its functionality and integration with any other systems.
Ø MT4 makes it quite easy for traders to get access to their own accounts; Moreover, traders can check the account transaction record, balance of account anytime.
Ø Traders are able to get indicators, forex analysis and real-time charts etc. for free .
Ø MT4 platform is a highly confidential platform. Traders do not need to worry about concealment of their accounts information.
From the standpoint of forex traders, MT4 is a powerful and helpful platform; it meets the expectation of most forex traders. The number of traders who use it is a good testimony. By the way, several top brokers like IKON Group provides MT4 platform along with omni-directional services for traders.
http://www.ikonfx.com/forexblog/top-5-forex-investment-skills-for-forex-beginners/
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