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MetaTrader 4

Average Customer Rating: (based on 24 reviews)

(4.1 stars vs. 4.5 category average)

Your Rating: (write review)

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Recommendations by Profile:

Casual Trader
9 of 10 		90%
Intermediate Trader
4 of 5 		80%
Expert Trader
7 of 9 		78%
All Traders 20 of 24 83%

Recommendations by Usage Length:

A month or less
1 of 3 		33%
1 - 3 months
2 of 3 		67%
3 - 6 months
3 of 3 		100%
6+ months
14 of 15 		93%
All Traders 20 of 24 83%

Characteristics:

Pros:
Easy to use, Many indicators, Easy to edit auto trade programs, Web-based, Customizable layout, Ability to customize indicators, Large user base
Cons:
No automated backtesting

Description:

This charting program is specifically made for anyone trading the Forex, CFD, and Futures markets. Used by over 100 brokerage companies and banks, this is one of the most widely used charting packages around. Some of its appeal is its ability to customize and program systems, which then allows users to create indicators, system backtests, as well as automated trading robots.

Single Review: (view all 24 reviews)

SpaceAge
SpaceAge

Intermediate Trader

Best free trading platform for serious trading

4/5/2010

0 of 1 customers found this helpful (0%)

Pros:
Easy to use, Many indicators, Easy to edit auto trade programs, Customizable layout, Ability to customize indicators, Large user base
Cons:
No automated backtesting
Bottom Line:
Yes, I would recommend this to a friend
Quote:
MT4 is the most widely used trading platform, & also has the largest user base, which makes it very easy to find resources & solutions - which usually are free. Most if not all indicators & EAs these days are designed for this platform. Quite robust & reliable.
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