MetaTrader is a free Forex trading software developed by MetaQuotes and released in 2005. It’s considered to be one of the best trading platforms for Forex, with even the more modern offerings failing to dethrone it.

MetaTrader 4 allows you to make money on Forex with a consistent and useful interface. Monitor, maintain and manage Forex trading accounts. It supports indicators, expert advisers and other tools for the real-time market analysis. You can create your own instruments and share them with other traders.
Who uses MetaTrader 4
  • Forex traders, to monitor the market and manage their orders;
  • Forex brokers, to process the orders from the traders and exchange mail with them;
  • Market analysts, to calculate statistics and evaluate the data from the indicators;
  • PAMM account managers, to place and control their orders on different accounts;
  • PAMM account holders, to check on their accounts and communicate with the managers.
  • Overall, MetaTrader 4 is a universal tool that suits everyone who is interested in Forex. It may require some additional tweaks, however, it is highly customizable and accessible.

Benefits of MetaTrader 4 
  • Manage your account. Open, close, and modify orders on the market. Use both Instant and Market execution. Made decisions on the fly with One-Click Trading.
  • Analyze data at 9 timeframes. Enjoy the constant flow of data each minute or spot the global tendencies on the monthly graph.
  • Print your own graphs. Make the data easy-to-read with custom colour schemes, graph types, indicators and marks.
  • Automate your trading. Purchase pre-made expert advisors on the Market or build your own with the MQL4 scripting language.
  • Measure the Market Depth. Always know the latest market tendencies with an array of technical analysis tools.
  • Get the latest news. Receive real-time financial data as well as the crucial alerts with free internal mail customized to your preferences.
  • Receive trading signals. Follow the best traders online and learn their craft by replicating their orders.
  • Integrate all your tools. Add your own data sources, plugins and feeds to create a single powerful trading solution.