A foreign exchange app that features advanced functions and real-time quotes
A foreign exchange app that features advanced functions and real-time quotes
Vote: (3 votes)
Program license: Free
Developer: MetaQuotes Software Corp.
Version: 400.1394
Works under: Android
Vote:
Program license
(3 votes)
Free
Developer
Version
MetaQuotes Software Corp.
400.1394
Works under:
Android
Pros
- Customizable user interface with improved background colorations
- Offers a training mode for beginners
- Allows users to monitor prices and charts and order trades
Cons
- Lacks the ability to make annotations on charts
- Does not allow for partial trade withdrawals
- Some users have reported occasional glitches and freezes
MetaTrader 4 is an advanced trading and analytical platform for Android users, providing a multitude of features for forex trading.
Interface and Customization
MetaTrader 4 offers an impressive user interface that is customizable and user-friendly. The recent update has seen improvements in background colorations, creating a more visually appealing and comfortable experience for users. The platform allows users to monitor prices and charts and order trades. However, users have expressed the need for further customization options, particularly regarding making annotations on charts. A textual option would greatly enhance the user's ability to note crucial information directly on the chart.
Trading Features
The platform provides various trading options, including the ability to trade in different lot sizes. However, the current setup does not allow for partial trade withdrawals. Users have expressed the need to withdraw a portion of their trade, such as 0.7 out of a 0.1 lot size, instead of having to close the entire lot. This feature, if implemented, could offer greater flexibility and control over trading activities.
Performance and Stability
MetaTrader 4 offers a stable platform for users to conduct their trading activities. However, some users have reported occasional glitches and freezes, which need to be addressed for a smoother experience. Despite these minor issues, the platform has generally been praised for its performance, with users gaining significant profits in their trading.
Learning and Training
MetaTrader 4 provides a training mode for beginners, allowing them to learn about forex trading through trial and error. This feature is highly appreciated by users, as it helps them understand different charts, momentum, and quick reverses without the risk of losing real money.
Pros
- Customizable user interface with improved background colorations
- Offers a training mode for beginners
- Allows users to monitor prices and charts and order trades
Cons
- Lacks the ability to make annotations on charts
- Does not allow for partial trade withdrawals
- Some users have reported occasional glitches and freezes
