Advantages of MetaTrader4 (MT4)

MetaTrader4 (MT4) is currently the most popular platform for retail forex traders. More than 95% of forex brokers offer this platform on their sites. This is one of the most advanced trading platforms with many functions, indicators, etc. Download MT4 for free on Gerchik & Co. FOREX TRADING TERMINAL METATRADER 4, INSTALL MT4, METATRADER 4. Many platforms are now available to the average trader, but almost all traders have tried MT4. Below we will talk about the main advantages of the trading platform.

 Advantages of MetaTrader4 (MT4)

1. It's free

MT4 ranks first among other platforms in many aspects. However, these platforms or software may charge a fee. MT4 is free for traders. It will always be preferable to other products that may be more advanced. After all, you can always top up your account with cash that you have
you are going to spend on platforms and other programs that can come with it.

2. Numerous Features

The number of features was one of the main reasons MetaTrader4 went viral when the platform was first introduced in 2005. Here are some of the key features that have simplified trading and market analysis:

1. setting up multiple graphs with built-in and easy-to-use graphs;
2. navigator window;
3. market observation window;
4. Pepperstone market terminal;
5. indicator window;
6. more than 80 preset indicators;
7. automatic trading.

These functions are now the market standard, but at that time there was little competition, and other platforms lacked the basic functions that MT4 offered. But the company did not stop there, constantly offering new functions. Add-ons include a news section, a signals section, one-click trading, and additional trading tools.

3. Easy to use

When traders enter the market, their main concern should be to beat the market and end up with a profit. It is quite difficult to win every day, and a complex trading platform will only make the situation worse. Therefore, the simplification of the trading platform is crucial. As we mentioned above, MT4 has all the necessary functions and indicators, but at the same time it is simple and you can easily navigate it. You have symbols and rates on the left, charts on the right, and indicators and other functions at the top of the platform. One-click trading and customization made it even easier.

And the last, but not least, popularity itself. It sounds paradoxical, but it makes sense. The more popular the product, the easier it becomes to attract potential customers. If you search for a trading platform on the Internet, MT4 will appear everywhere. Much has been written about this platform, and word of mouth is also a very important aspect of its marketing. Since so many people are already using MT4, it is not difficult for this word to travel outside, inside and inside the trading group.