Once upon a time and not that long ago, the only way to trade on the stock market was to call up your broker and haggle with him to get the best deal you could manage over the phone. If that wasn’t working, then you could visit the firm’s office and deal with him face to face, that is if you could stand the smell of cigarette smoke. It wasn’t pretty, and a lot of shady things tended to go down back in those dark ages of the stock market. Fortunately for us, that all changed with the inception of the internet and as businesses made a mass migration to virtual online platforms so did the stock market and the art of trading.
There are now a great many online trading platforms available to choose from, but today we will focus on what we feel is the best in the field, MetaTrader 4, a user-friendly and flexible way for both new and experienced traders to navigate their way through the complexities of trading with the help of an easy to use interface. The platform is incredibly intuitive, with all relevant resources, tools, charts, indicators, and market news all right at the trader’s fingertips. Best yet, the platform can operate on a wide variety of devices, even older model PCs and laptops, so you don’t need to shop for a new machine just to run it!
The MetaTrader 4 also gives traders the opportunity to do their trades when it’s convenient for them while they are on the go since it’s easy to access the platform from mobile devices as well as desktop computers. Both the Windows and the Mac operating systems are supported for desktop users, and iOS and Android for those who trade using their mobile. Not only that, the system is directly accessible in a web-based format that works in any browser! This kind of flexibility was once unheard of for traders, now they have the ability to perform their trading actions and keep track of changes in the market wherever they are and whenever it pleases them to do so! In addition to this versatility of use, traders using the platform have no limits placed on their actions, they are able to utilize hedging strategies and scalp with no restrictions, giving them total freedom to run their show just the way they want to!
Yet another reason that the MetaTrader 4 has achieved such enormous popularity among traders is that it makes a comprehensive suite of professional tools available to them that allows them to perform highly effective analysis and research during their online trading sessions. The traders using the platform are given access to analytical objects, interactive charts, and built-in technical indicators as well as an included codebase that allows them to develop custom indicators of their own. Plus, MetaTrader 4 features financial news widgets and real-time that keep traders notified about relevant events and breaking news taking place in the world that might have far-reaching effects on market conditions.
If you are a seasoned pro or a brand-new novice trader, this is the platform that can make it all happen for you!