It’s even possible to set up custom audio alert trading signals to inform you when it's time to copy a deal. Thanks to an unlimited number of charts, you can create an interface that fits with your precise trading preferences. Because Expert Advisors are designed by third parties, their quality and cost vary, but used correctly they can have a massive impact on your portfolio.Īnother important aspect of the MT4 platform is its insane level of customizability. These are proprietary programs created in the MQL4 language that can help you to automate trading. Beyond this, you’ll find plenty of niche and interesting features that help MT4 to stand out from the crowd.Įxpert Advisors are one example of that. Like many of the best forex trading apps, MetaTrader 4 allows you to perform trades through instant execution, by request, or according to market triggers. Meanwhile, IG Group, the UK’s largest forex broker, has a MetaTrader 4 live account with minimum spreads of 0.6 plus support for 27 commodity markets. Its MT4 Micro account offers floating trades from 0.4 pips, no commission, and access to 28 currency pairs.
OctaFX is one of the best-established MT4-compatible partners. To give you an idea of how a live MT4 account might look, let’s consider a couple of examples. MetaTrader 4 account characteristics are set by individual brokers (Image credit: MetaQuote)
