If you’ve only used Trading View, it will take some time getting used to, however, it’s really easy to learn and navigate. MT4 seems to be the most commonly used with multiple prop firms, which is why I use and recommend it. One thing I would like to see is an easier way to adjust a the stop loss and take profit. For instance, being able to do it when you’re on the chart screen instead of having to go back into the trade screen, press and hold the desired trade, click modify trade and then enter it manually. The process isn’t bad if you have one or two trades open but when you have multiple (5-10 or more) trades open with different SL’s and TP’s, it gets tedious.
MetaTrader five is a powerful and versatile trading platform that has gained popularity for its advanced features and user-friendly interface. It offers traders a wide range of functionalities, including live market quotes, interactive charts, and an extensive selection of technical indicators. The platform also supports automated trading through its Expert Advisor feature, allowing users to create and implement their own trading strategies.
MetaTrader 4 iPhone/iPad
Software product is a trading platform MetaTrader 4 Windows created by MetaQuotes Software Corporation. It is one of most popular trading platforms and has been around for more than 10 years. Software product is one of the few platforms that is available on Windows and Mac. Software product is a versatile trading platform that offers a wide variety of trading tools.
As of this writing, the app remains available on the Google Play store. Software product has an easy to use and navigate layout with a wide range of features. With the grid layout the different features are all organized and easy to find.
All matters have been resolved and the iOS applications have been reinstated to the store. MetaTrader 4 and MetaTrader 5 Apps have been reinstated and are available for download from the AppStore. During the lengthy process of restoring the Apps back in the AppStore, MetaQuotes has communicated to Apple extended explanations surrounding operational technicalities and provided further insights as requested. Both the MT5 and MT4 apps and the desktop versions of the software are available for download at any time on Google Play.
According to reliable sources, the cancellation of MetaQuotes apps was caused by the strong friction between Western countries and Russia. One among all is that the thing has not been made public, no warning, no post, no official release from both companies (both Apple and MetaQuotes), the MT4 and MT5 apps have simply vanished into thin air. It also has dedicated, branded web and desktop options,
along with a fully open front- and back-end API.
MetaTrader 5 is he powerful and versatile
At the time, Apple spokesperson Adam Dema said the company was investigating MetaTrade and was looking into additional action to protect App Store users if necessary. A few things I wish could be better is the zoom on the charts could give a little more control, I feel like the Mt5 does a better job at this. Also if more indicators can be added to the options list, there are some I use on trading view that I wish were available on it.
- It is a free to use application that provides a simplified, yet powerful, experience for both private and professional traders.
- You can buy or rent Expert Advisors and technical indicators right in
- Software product has an easy to use and navigate layout with a wide range of features.
- One among all is that the thing has not been made public, no warning, no post, no official release from both companies (both Apple and MetaQuotes), the MT4 and MT5 apps have simply vanished into thin air.
- Apple’s ban of MetaTrader comes two weeks after Forbes profiled one California-based scam victim, who lost over $1 million last year.
- It’s highly customisable, enabling brokers
to offer their clients a complete fully branded platform and multi-asset
It has a variety of different types of order (e.g. market order, limit order, stop order, trailing stop order) and charts (e.g. time frame charts, day charts, 1-minute charts, 5-minute charts). The charts are interactive and can be used to analyze market trends. As Forbes previously reported, MetaTrader, which offers licenses for its software, does enable legitimate trade by actual brokerages. It is an agnostic trading platform, one that is used by mainstream foreign exchange traders like Oanda.
MetaTrader 5 Web Trading
MetaTrader five offers multiple asset classes, including forex, stocks, commodities, and cryptocurrencies, providing traders with a diverse range of investment options. Additionally, the platform is secure and reliable, offering fast execution speeds and robust data protection measures. With its intuitive design and comprehensive trading tools, MetaTrader five has become a preferred choice for retail and professional traders alike. MetaTrader 4 has a user-friendly interface and a large selection of trading tools. The app has a built-in news feed and a variety of technical analysis tools that can be used by novice traders.
It is only available in English, and there is no language pack for other languages available. Finance Magnates reports that prospective forex and CFD brokers are finding it hard to be onboarded by white-label services to kick off their new brands. Nonetheless, white-label brokers provide customized versions to their clients. The apps were pulled down on the aforementioned date, the software development company noted. In addition to this, Apple to contribute to the sanctioning maneuver implemented by the Western states, has proceeded to block the sale of all products and the suspension of any financial service, including ApplePay. We would like to remind you that the cancellation will not affect the trading of the apps previously installed on the IOS devices but by doing an update they will automatically be rendered unusable.
Trading & Technical analysis
In a WhatsApp text message sent late Sunday evening, Cy, the victim who has still been unable to recoup any of his losses, said he was pleased that Apple had removed the trading app. He had previously told Forbes that a large part of why he was convinced to download it was that it had positive reviews and could be found on Apple’s App Store. MetaQuotes noted that it was liaising with Apple “in an effort to clarify the situation” and resolve the issue. Moreover, the company said it was considering other various options. As a result, Apple has taken steps to delete both the bogus and original apps.