MT4 Web Trading

MetaTrader 4 (MT4) is by far one of the most popular currency trading platforms among global forex traders. Developed by MetaQuotes in 2005, MT4 offers an extensive range of advanced trading tools to traders of all skills levels. This platform for trading forex has universal appeal for the way it has optimised the forex trading experience.

A leading trading platform

The MT4 trading platform has almost everything a trader needs to trade forex. This powerful system provides access to advanced trading and analytical technologies, allowing for the execution of different complex strategies. This includes:

• interactive charts and technical indicators to analyse quotes of financial instruments
• strong analytics functions (advanced MT4 technical analysis tools)
• trading signals and copy trading
• algorithmic trading
• MetaTrader market (widest selection of trading applications, purchase or rental of 1700+ Expert Advisors (trading robots) or 2100+ technical indicators, etc)
• trading via the web or mobile applications

In this article, we’ll be taking a closer look  MT4 Web Trading in particular and the advantages it offers.

What is MT4 Web Trading?

MetaTrader 4 web trading allows for forex trading directly from any browser and operating system. This includes Windows, Mac or Linux. A trader does not require additional software to access their account, and trading can begin almost instantly. The web version of MT4 retains key trading features, is secure to use, and is demonstrably reliable.  All that is needed is a stable internet connection.

MT4 web trading features

MT4 web trading offers many benefits to forex traders everywhere.

Web compatibility and security

As noted, the MT4 web trader allows for trading directly via any browser and is compatible with all operating systems. The MetaTrader 4 web platform also offers reliable data protection.

Historical data

Through the MT4 web platform, a trader is able to access the history of all trading operations. This covers a range of trade orders like market orders, pending orders, stop loss and take profit.

Market orders

A market order is essentially a commitment to buy or sell a financial instrument at the best available price. The order typically results in a trade position opening. 

Pending orders

A pending order is an order for the execution of a trade at a predetermined price at a later date.

Stop loss orders

This is an order for a trade position to be closed. It is used to reduce the risk of losses if the market price moves unfavourably. In a long position, a sell-stop order is executed. In a short position, a buy-stop order is implemented. A stop loss order remains in place unless cancelled.

Take profit orders

A take-profit order closes an open order. It does this once a certain profit has been made (when a price reaches a certain level).

One click trading

With one click trading, a trader can execute a trade at the click of a button directly on a chart. To do this, the trader must activate the one-click feature on the MT4 platform.

30 indicators for technical analysis

The MT4 trading platform is renowned for its advanced analytics capabilities. Probably one of its strongest features, زوج عملة باستخدام offers 30 indicators for technical analysis. Indicators are critical tools for making trading decisions. Signals from technical indicators typically influence how and when to open or close trades. Popular MT4 indicators include moving average, Bollinger bands, accelerator/decelerator oscillator, moving average, on-balance volume, etc.

Graphical objects

A useful tool for technical analysis, graphical objects are objects that are imposed manually into the chart. These consist of:

• Line studies. These are lines and geometrical shapes imposed into price or indicator charts, e.g., trendlines, support/resistance lines, etc.
• Shapes. Rectangles, ellipses and triangles to mark areas in the price chart.
• Text. Enables comments in a chart.

All types of trading operations

The web version of MetaTrader 4 supports different types of trading operations. The system accommodates trading strategies of any complexity, and three trade execution modes to suit each trading situation. Trade orders can also be set in several ways, with comprehensive information about all orders and open positions easily accessible. This level of flexibility and control over trades and accounts makes MT4 highly appealing to traders everywhere.

Real-time quotes in Market Watch

Through MT4 web trading, traders can access real-time quotes through the platform’s Market Watch tool. The capabilities of this tool are very useful. Traders are able to use it to place trades very quickly and can view a chart of any instrument easily. Other great features include depth of market, chart switching bar, navigator, and much more.

Nine timeframes

MT4’s 9 timeframes feature means each symbol can be displayed in 9 timeframes. This ranges from one minute, daily, weekly or monthly frames. This tool gives traders the ability to view quote dynamics in depth. They can also combine technical indicators and graphical objects on different periods of one symbol. This level of automation removes human influence so traders can better assess market conditions, and make more informed trading decisions.

Downloading the MT4 web platform

IronFX is a leading broker with whom to trade. Download the MT4 web trading platform for free through the award-winning forex broker’s website as follows:

1. Download and install the MT4 platform.
2. Log in with an existing account. If you don’t have an existing account, open a new one.
3. Select IronFX as your forex broker.
4. Enter your real or demo account login credentials (username and password provided in your welcome email).
5. بدء التداول.

Become a better trader with IronFX

Register with IronFX to start trading on the  MetaTrader 4 trading platform. Benefit from a wide range of tradable instruments across asset classes. This includes shares, indices, forex, futures, metals and commodities. Access 80+ currency pairs (major, minor & exotic) and multiple different accounts to suit a range of trading styles. Traders can also take advantage of flexible leverage, low spreads, mobile trading, and other exclusive trading tools.

Disclaimer:

This information is not considered investment advice or an investment recommendation, but instead a marketing communication. IronFX is not responsible for any data or information provided by third parties referenced or hyperlinked, in this communication.