Meta trader MT4 is an Electronic trading platform in the forex (foreign exchange) market and other financial markets. MT4 is a flexible trading system that offers advanced tools of technical analysis, Trading Signals, and a Market of trading robots. MT4 mobile application is available for iOS and Android devices, enabling traders to manage their accounts. MetaTrader 4 is a good choice for forex traders who are looking for a powerful and user-friendly platform. Technical analysis tools, such as indicators moving averages, Bollinger Bands, RSI, MACD, and graphical objects lines, shapes, Fibonacci retracements, etc.

MT4 and MT5 in Forex Trading Market

MT5 in Forex Trading Market

MetaTrader 5 (MT5) is a multi-asset trading electronic trading platform used in the Forex market and other financial markets. MetaTrader 5 Software in 2010. MT5 offers several enhancements and additional features, making it an attractive option for traders and brokers alike. Meta Trader 5 is a free mobile application available for online trading platforms on iOS and Android devices. MT4 and MT5 trading market time for all trader’s hours to currency pairs is 24/5, starting at 12:00 a.m. on Monday and closing at 11:59 p.m. on Friday server time (EET/EST).

What is Spread and Pip in Forex Market?

Spread is used as measured in pips, which is the small unit of the price movement of a currency pair. For most currency pairs, one pip is equal to 0.0001. An example of a 2-pip spread for GBP/USD would be 1.3089/1.3091.