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MetaTrader 4 (MT4)

Free

Industry‑standard platform for forex, stocks, and futures trading.

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4.6 Editor Rating
Vetted Score
4.6 / 5.0

Scored 4.6/5 due to its robust charting, extensive automation capabilities, and widespread broker support, though limited native mobile features affect the rating.

Key Features
Advanced Charting Tools

Provides over 30 technical indicators, customizable timeframes, and drawing tools for in‑depth market analysis.

Automated Trading with Expert Advisors

Allows users to develop, test, and deploy algorithmic trading strategies using the MQL4 language.

Real‑Time Market Data

Delivers live price quotes, depth of market, and news feeds directly from supported brokers.

Frequently Asked Questions

Yes, the MT4 client is free to download; however, brokers may charge spreads, commissions, or fees for data feeds.

MT4 is available for Windows, macOS (via a native app or web), as well as iOS and Android mobile devices.

Yes, you can create and run Expert Advisors (EAs) using the MQL4 programming language for fully automated trading.
Specifications
Pricing Model Free to download and use; brokers may apply spreads, commissions, or subscription fees for premium data.
Supported Platforms
WindowsmacOSiOSAndroid