Thread: MetaTrader 4 UK- the major FX platform

The MetaTrader 4 (usually known as the MT4) is the most common choice of traders around the world. As Forex trading becomes more popular, software companies launch new trading platforms to compete with MT4. But so far it is still the leading FX trading platform worldwide.
The MetaTrader4 is a full cycle trading platform that includes back-office elements as well as front-end terminals. Therefore, with the MetaTrader4, a broker does not need any additional software to run the brokerage business. The MT4 is totally user-friendly for traders and offers a wide range of powerful tools such as financial instruments, databases, data feeders, and many others.
The following advantages proves its popularity and increasing success.

API –Application Program Interface, this allows the software to extend its functionality and integration with other systems. It also grants access to ready plug-ins designed to ease smooth operation of the platform.
ML4 language- this is the programing language of the MT4 which is immensely popular as it allows the creation of new scripts, and integration of EAs, enabling full automated trading.
The platform has the benefit of a strong security system on the online operations as the MT4 employs 128 bit encoding.
A full set of technical analysis tools and graphics are available.
The platform offers multi-lingual and multi-currency support.




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Not only in the Uk, I personally think that Meta Trader 4 is one of the mostly used trading platforms today where foreign currency exchange traders are receiving the unique chances to engage in trading without being directly involved. And from my personal preference MT4 is best designed for making trading easier in the decentralized market like forex. And using MT4 platform it is easy to use hedging and scalping.

In Forex business margin level is very important. On the amount of what we can be access in usable margin and actually used margin it is mainly based. In the ratio of equity to margin it is define. From my broker Forex4you I get leverage 1:1000 and low margin level. For my profitable trading my broker is also giving me proper risk management besides profitable margin and high volume of leverage.