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What are the benefits of using the MT4 Metatrader plaform?

Thursday, 10th September 2009

MT4 is seemingly the market dominator but if that is the case then why is that? What is it about MT4 that traders love?
 





Lea
MT4 rocks!!!
Traders love it because there are plenty of reasons to love it!
e.g.
1) It is Free
2) It is supported by most brokers and more and more brokers are offering it
3) Easy to navigate ( simplicity of execution is the key ingredient for successful trading)
4) Most often optimized and updated at no cost to a trader
5) choice of standard indicators and charting tools is more than sufficient to have the technical analysis done throughout multiple time frames.
6) MQL community is HUGE and there are plenty of " free of charge " custom scripted indicators ( and believe it or not, some brokers take advantage of it and resell the charts on the monthly subscription basis (! ) without letting you know that You can get it for free!
Viva MT4!
Friday, 11th September 2009

Sources:
Www.fxuniversity.org

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