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    Thread: Benefits of meta trader 4 terminal in forex market?

    1. #1
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      Default Benefits of meta trader 4 terminal in forex market?

      we most of the trader use meta trader 4 terminal. what is the benefits of this meta trader? why not we use others platform for trading ? can u please explain us.


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      Metatrader4 Platform :
      is the easiest platform which can be used either by beginners or professionals for a purpose of Forex trading because this platform has all what all traders needs for executing their trading and beside that it is very simple and not complex like other platforms, also it is free and doesn't impose any charges on its users like other platforms and it contains too much tools help us in the trading which are :
      - 30 technical indicators and 9 time frames can be used during the trading .
      - 4 types of pending orders which are sell limit, buy limit, sell stop and buy stop .
      - Navigator window and market watch window .
      - Multiple types of charts such as candlestick chart, bar chart and line chart .
      - MQL4 System which is considered the easiest programming language among other programming languages .
      - Automatic trading and all test tools for any expert advisor (EA) .


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      The benefit of the Meta trader 4 platform is that it is easy to use for traders that are beginners in the forex Market and it is also easy for navigation by both old traders too. The platform of the metatrader 4 is also a free platform that does not include charges when it is used by traders to open trades in the market. The tools that is also used in the metatrader 4 is also helpful and very useful for traders to make easy execution of trades. The metatrader 4 platform has an appropriate time frame for different types of traders, the platform also have economic calendars that are very used to traders that trades high impact news and those that wishes to avoid them in trading.


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      MetaTrader 4 is arguably the best and most popular automated trading platform that is used by forex traders. It is licensed to brokerage firms, who then make the program available to their customers. The software can be downloaded and deployed for free from their website. Metatrader 4 has a lot of benefits which are;
      - Ease of use: The software is made in such a that makes it simple and user friendly, this makes it easy for traders to efficiently use the app.
      - Efficient Tools: The software also comes with top notch customize charting tools that are embedded and gives direct approach to bring in in-depth data.
      - Speed: The software comes with effective speed that allows the application to run smoothly.
      - Ease of Access: The software can be used to transact a wide range of products. And lastly it is very flexible.


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