Before we introduce the forex platform which we offer to our traders it is important to explain that the tool often described as forex platform or forex terminal is what is used in retail forex trading as the bridge between the retail trader like yourself to the foreign exchange market through an interface which is provided by trading-point.com.
The Metatrader Client Terminal for PCs is designed for analyzing the current market trends and conducting trade operations on the financial markets. Metatrader 4 is a class-leading software project and it opens up great opportunities for flexible management of trading activities. The Metatrader is world known for its usability its effectiveness and its customization features which allow the user to adapt it to a number of software programs that perform robot trading. The MT4 has built in indicators which allow you to analyze the market while the MQL4 network enables traders to use automated trading strategies. The built-in technical indicators allow you to analyze securities quotes, whilst the MQL4 network enables the development and usage of automated trading strategies.
Metatrader (MT4) Installation
- Download the MT4 – Click Here
- After installation is over or when launching the program for the first time, you will see the login window.
- Use the username and password you have received in your welcome email after opening a demo or real account to login.
MT4 Platform Features
- Complete technical analysis package: 50+ in-built indicators and charting tools
- Ability to create various custom indicators, different time periods (from minutes to months)
- Secure trade sessions: Clients are equipped with a unique username and password
- Online news
- Multi-language program interface
- History database management and real time data import/export facility
- Signals of system and trading actions
- Internal mailing system
- Streaming prices in up to 200 lots (20 million)
- Mobile Trading: MetaTrader 4 Mobile for PDA’s and suitable mobile phones
- Built-in help guides for MetaTrader 4 and MetaQuotes Language 4
- Automated trading – Program your own strategies using the Expert Advisor
- PC with Microsoft Windows 98 SE2 operating system or higher;
- Intel Celeron based processor, with a frequency of 1.7 GHz or higher;
- Screen resolution of 1024×768 pixels or higher;
- 256 Mb of RAM or more;
- 50 Mb of free drive space.
Click on the links below to download the user guides
To be able to open, view and print the account documentation and forms, you need to install Acrobat Reader or another PDF viewer.
Usage of the Metatrader MT4 Platform
Although the Metatrader platforms are used by business entities the major audience which uses the particular platform is private traders which trade currencies and commodities for clearly speculative reasons due to its extremely user friendly characteristics which allow forex trading to be made easy even for rookies or traders that do not have major knowledge of computers or the internet. The software is offered at a number of retail forex brokers and can be downloaded 100% free, it will be often found under the name forex terminal or trading terminal.
The (Metatrader) MT4 terminal offers a built in editor and compiler with full access to the free library of software that comes together with package called the Metatrader 4, these add – on features or plugins as they are also called allow the user to add features to his trading experience based on his needs, his experience or his trading pattern. The Metatrader uses a Metaquotes in house developed scripting language called MQL4 and enables traders to build their own advisors which will release them indicators and forex signals based on the criteria they will set.
Why the Metatrader Forex Platform
As the internet has evolved in becoming the most widespread means of conducting business, communication, entertainment, information and recreation forex has developed hand in hand with a clear diversification from paper trading to the more advanced electronic trading which has therefore evolved the introduction of the forex platform concept.
The Metatrader MT4 forex platform which is the most widespread trading terminal used in forex trading is the leading forex platform of the world and it offers flexible trading regardless if you trade from home, from the office or while on the go.
Trading Point feels the MT4 platform maximizes forex trading services with a platform we feel is the right match to all audiences and all levels of trading due to its multi latitude features and its wide acceptance by developers and online communities which share forex plugins, added on benefits and software program which are fully compatible to the MT4 in difference to other less popular platforms. It is worth noting that only at Yahoo there is a registered 12,000 members which share notes and tools for the Metatrader making the overall functionality of the platform itself move beyond its initial offerings. The Metatrader client terminal operates flawlessly on Microsoft Windows based operating systems including Windows 7, Vista, XP, 2000 and 98; additionally the platform will function normally with Linux operating systems.
Forex Trading Platform(s)
During the introduction of the world wide web several banking institutions introduced in house developed forex platforms out of which some are still available online today and are used as the main feature forex platform at some sites. During their introduction most forex trading platforms lacked one common characteristic which was that of research and development and the lack of being able to keep up with user expectations and the growing audience of retail forex traders.
It is only fair to say that a banking institution or an investment bank cannot keep its finger on the pulse of each and every aspect of trading as no institution can be an expert at all which is why the term outsourcing has emerged in modern business practice and applies for forex trading platforms.
That said we should note that in early 2000 the second more professional and dedicated form of forex trading platforms made their appearance. These trading platforms are the form that have survived today due to specialization which has consequently lead to many institutions to either adopt third party trading software or either merge with software providers to share knowledge and develop forex trading platforms further.
The Metatrader forex trading platform will enable the retail trader like yourself to have full control of your operations with world leading technology in reporting and trading forex. With the Metatrader, forex is made easy, efficient and above all accurate.