In 2005, the MetaQuotes Software released the MetaTrader 4 trading platform which is an electronic trading platform that includes all the required features and analytical tools for trading. Although the MT4 is most commonly associated with trading forex, many retail forex traders and investors worldwide use the platform to trade other markets as well including CFDs, indices, commodities, futures and more.
MetaTrader 4 is actually considered the industry-standard among traders and is extremely popular for being highly customisable to every individual’s trading needs and style. The platform also supports automation of your trading via specific algorithms which trade on your behalf based on set parameters.
There are multiple MetaTrader 4 dowload options, which is a great asset. The platform is compatible with all devices such as iOS, macOS, Android, and Windows. Traders can manage positions and orders and keep track of price movements through the MetaTrader 4 for PC from their desktop. Advanced charting, indicators, Expert Advisors (EAs) and comprehensive activity reporting can also be accessed and used.
Besides the MT4 Mac and other devices, the MT4 platform is also accessible through any web browser. Below is a useful guide on what WebTrader is and how you can use it.
MT4 WebTrader platform: Definition
The MetaTrader 4 WebTrader platform is a modern HTML5 web application that enables forex trading from any web browser or operating system without the need to download any additional software. Traders can access their account and get into online trading in just a few easy steps as long as they are connected to the internet. The web version is very similar to the desktop version and has the same advantages, only that the former is directly available on your browser. This makes the transition from desktop to web very straightforward. As a result, the platform is highly reliable and in line with the whole MetaTrader 4 system.
Not to mention that the application and MT4 download is secure to use as all data transmitted is safely encrypted.
MT4 WebTrader makes trading as easy as ever. In just a few clicks, you can launch the MetaTrader 4 free download from any operating system. This is specifically handy for those traders that don’t want to waste time or effort. The platform offers an intuitive and easy-to-use interface, giving traders the ability to execute any trading operation, analyse currency quotes, open and close positions and test their strategies without extra hassle. As earlier discussed, one simply needs to have a good internet connection, then everything else follows. Traders will be able to trade from anywhere around the globe.
What does the MT4 WebTrader include?
Read below for some MT4 WebTrader Features:
- No additional software required
- Easy-to-use, intuitive interface
- Direct access to the markets from any web browser (100% web-based)
- Trade anywhere, anytime (remote access to MT4)
- Advanced data protection – data transmission is securely encrypted
- Ability to trade in one click
- Fully aligned with all downloadable versions of the MetaTrader 4
- Ability to monitor financial products’ price movement
- 30 indicators to use for technical analysis
- 9 different timeframes to choose from (1 minute to 1 month)
- Access to all types of trading operations
- Real-time quotes in Market Watch
- Keep track of history of trading actions
- 3 types of price charts (bars, candles, lines)
- Registration on MQL5 community is not a prerequisite
- Extra plug-ins and add-ons are not required
- Operations run fast
- Graphical objects available (horizontal and vertical lines, trend lines, channels, Fibonacci levels)
- Availability of real and demo accounts
Steps to using the MT4 WebTrader trading platform
To start using the MT4 WebTrader platform you will need to register with an online broker and create an MT4 trading account. Choosing the most appropriate broker to start your trading journey with is sometimes intimidating. So, go for a broker that you can trust that provides good customer care, a wide suite of tradable instruments and tools as well as different account types for all trading styles.
Access and use the WebTrader platform in just a few easy steps:
- Visit the terminal.
- Either log in with an existing account or sign up.
- Fill out your data with the credentials you used to sign up with the broker.
- If you already have an account fill in your real or demo account credentials.
- Pick a trading server and choose OK.
- Your MT4 WebTrader trading platform will open in a new window.
You will be able to trade directly on any webpage with great ease. Once you complete the above steps, you will gain immediate access to trading the markets anywhere, anytime.
Why choose the MT4 WebTrader?
The MT4 trading platform and MT4 Webtrader are both great platforms for both experienced and beginner traders. They are easily customisable and have an intuitive interface with simple functionalities. Therefore, new traders can easily adjust it to their trading style and expertise. As already mentioned, the MT4 offers distinct features that help traders get into online trading with great ease.
Because of being fully sychronised with all downloadable versions of the MT4, WebTrader is a functional and practical platform. In fact, it is considered an innovative platform in the online trading industry.
Besides these, it is reliable and safe to use making it the most widely chosen platform worldwide. For years now, various traders have been using it and testing, making it a solid choice and a safe platform for traders. Trading via the MT4 WebTrader trading platform with a solid broker enables traders to test their skills and risk management techniques as well as implement additional strategies.