What are the Major Advantages of MetaTrader4?
MT4 is a trading platform that allows you to trade in CFDs, forex, stocks, commodities, and indices. It provides multi-device operability, advanced analytical abilities, and automated trading functions. Some of the major advantages are discussed in our help for assignment on MetaTrader 4 as follows:
- Real-time access for liquidity and market prices: It allows traders to access forex quotes and execute trades. Traders can view other details including contract size, spread, margin percentage, and margin currency. The depth of market feature can tell traders regarding real-time market activities.
- Fundamental and technical analysis tools for all levels: With a huge number of charting abilities and technical indicators, it provides extensive tools regarding price analysis. A trader can see unlimited charts and every currency pair may be displayed in 9 timeframes from a minute to monthly basis.
- Multiple trading orders: There are different kinds of execution modes and trading orders, enabling traders to create and implement this strategy. It allows four kinds of pending orders and 2 market orders.
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