MetaTrader

MetaTrader platform explained by professional forex trading experts, All you need to know about MetaQuotes MT4 and MT5 platforms.

What is MetaTrader platform

MetaTrader platform is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software Corp and released MT 4 in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. The forex trading software consists of both a client and server component. The server component is run by the broker and the client software is provided to the broker’s customers, who use it to see live streaming prices and charts, to place orders, and to manage their accounts.

The client is a Microsoft Windows-based application that became popular mainly due to the ability for end users to write their own trading scripts and robots that could automate trading. In 2010, MetaQuotes released a successor, MT 5. However, uptake was slow and as of April 2013 most brokers still used MT4. While there is no official MT4 version available for Mac OS, some brokers provide their own custom developed MT4 and MT5 variants for Mac OS.

MetaTrader Platform Review Conclusion

You must note download MetaTrader platform is free, Just sign up with your broker’s website and download it free.

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For more info about the MetaQuotes forex platforms visit TopForexBrokers.com forex brokers comparison website.

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