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.
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.
