MetaTrader 4 is available as a standard platform that is offered when opening an account at an overseas Forex company and doing the trade. Although it is commonly called MT4, since it is used by many Forex companies, even if you open an account with another Forex company, there is also the merit that transactions can be done smoothly because the trading tools are the same. By introducing the EA or indicator you want to use into the MetaTrader 4, it is possible to trade in accordance with trader's wishes.
The spread of personal computers and the internet are one of the reasons why Forex trading are actively conducted. Traders became able to trade in real time while watching the charts, which gained popularity as a form of new investment. Because the environment where Forex can be done with a personal computer is limited at home, traders with less time at home were unable to make trade as they thought adequately. However, since it became possible to do Forex on a terminal that smartphones became popular and portable, it became easy for traders to trade Forex. Since MetaTrader 4 also has an application that can be installed and used on a smartphone, it is possible to do Forex trading using an application from smartphones.
Since the MetaTrader 4 application was developed to allow Forex trading on smartphones, the operation on smartphones is excellent. However, some traders focusing on MT4-based transactions on personal computers have difficulty using the MetaTrader 4 application. First, we recommend downloading and actually using it.
Is it easy to install MetaTrader 4 application?
If the MetaTrader 4 application is an Android terminal's smartphone, it can be installed from Google Play, in case of iPhone, from App Store. Applications with different usage methods are not disclosed on each terminal, and the usage of the application is common. There is no introduction cost as it is released free of charge.
After installing, items to select a server will come up, so connect to the server of the Forex company to trade using MT 4. After that, you enter basic trader information and registration is complete. After opening the account successfully, the screen of the chart is displayed, but the software to be installed on the personal computer and specifications hardly change. Even though it is a small terminal, performance is not inferior.
Although it seems easy to see when it sees the flow so far, since support is insufficient when it is overseas application or when using overseas Forex company, there are cases where you do not know how to set it. In the case of GEMFOREX, since the flow of downloading the MT4 application from the Android and iPhone's terminal to the setting is released on the web page, it is safe to set it while watching this. If you do not know, you can consult with the support center.
The MetaTrader 4 application already has an indicator installed
When installing the MetaTrader 4 application and opening the trading screen, the technical indicator has already been implemented. The MetaTrader 4 application has merit that you can customize the indicator yourself, but it is safe because the necessary tools for trading are implemented from the beginning so that even novices can also do Forex.
If you've traded with another Forex company so far, you can also use the indicator and technical close to the chart used at that time. If you are doing Forex for the first time, it's a good idea to use the default indicator and customize it to make it easy to see if you get used to it.
As a point to be aware of, the point of view of the chart is different between the PC version and the smartphone version. For traders who are accustomed to personal computers, even the same MT4 tool may feel like a different tool. Although you can get used to it little by little by using transactions many times, it may take some time to get used to it.
The MetaTrader 4 application can easily display and order trading currency
When launching the MetaTrader 4 application and proceeding to the trading screen, the rate of the major trading currencies is displayed by default. It is also possible to display a pair of minor transaction currencies easily, and it is possible to erase the display of the currency pair which is supposed not to trade in the future.
The trading method can also be selected by default, so you can easily set limit orders and orders with stop limit. MetaTrader 4 is a platform for Forex trading originally made overseas, but since it is compatible with Japanese, it is possible for Japanese to trade without hesitation.
MetaTrader 4 application is an application you can use!
The MetaTrader 4 application is excellent in availability, and there is a charm that Forex trading can be traded in environments other than home anyway. However, depending on the situation of the smartphone, it may be impossible to trade smoothly, so if you are considering smartphone as the main of Forex trading, it is safe to change the capacity to smartphones with high specifications.
The result of Forex changes considerably also by the trading tool. Among various trading tools, MT 4 is used by many traders. Because you can conduct interbank trading, you do not need to worry about becoming a transaction that is disadvantageous for traders, and you can expand the range of transactions by making good use of the application. In particular, it can be said that it is an indispensable tool for traders mainly focusing on scalping and day trading.