Is MetaTrader 4 Perfect For New Traders?

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Trading platforms that are not complicated to use are likely to be sought out by novice traders. After all, even seasoned investors will prefer a more straightforward trading interface.

The MetaQuotes Software firm established the MetaTrader 4 trading platform in 2005. Since its inception, the trading platform has become a household name. Even if there is a new and improved version that was released, MetaTrader 4 is still one of the most popular platforms currently available in the market. So, what’s the point of using the MT4 platform for beginning traders?

MetaTrader 4 is Customizable

Beginners want a trading platform that is both slick and professional because they are not yet accustomed to the ins and outs of trading. This is where the MT4 excels above the rest of the trading platforms on the market. In addition, the MT4 trading platform is incredibly customizable.

Execution by Market, Execution on Request, and Instant are all ways of trade execution in MT4. There is a lot of freedom here for novice traders. As an additional option, traders can choose from a variety of order requests, including taking Profit and Pending Market.


There are currently many trading platforms vying for supremacy in the industry. However, in-browsers are not independent of one other in terms of how they are used. Security problems could occur as a result of it. In addition, there is a strong probability that the service will not function properly. MT4, on the other hand, is a completely separate trading platform that functions without faults or bugs.


MT4 is undeniably trustworthy and reliable, based on its long history of operation. It has been in business for 13 years and has amassed a large following of repeat customers. You’ll know you’re in good hands if all you have to do is say that. Many satisfied traders and software users have written positive evaluations about it on the platform, so it’s a good idea to do some study. You can be sure of one thing: the trading tools you use are reliable and world-class.

Mobile Option

Beginners in the financial markets are still getting used to the lifestyle that revolves around trading. However, with the help of MT4, trading on the move is now a reality. You may use the trading platform on both iOS and Android devices. This is excellent news for traders who are also employed full-time by a corporation.

Free of Charge

Amidst all of MetaTrader 4’s features, the most intriguing one is that it is completely free of charge. You don’t have to pay for a trading platform in order to increase your profits. Investment returns are nearly guaranteed in this case.

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About the Author: Peter Beaumont

Peter Beaumont is a senior reporter on Daily Mid Time Global Development desk. He has reported extensively from conflict zones including Africa, the Balkans and the Middle East and is the author of The Secret Life of War: Journeys Through Modern Conflict. Email: