The program’s huge popularity also has led Metaquotes Software to constantly release new versions. Updating MT4 is generally considered to be important, especially due to security reasons. For over fourteen years, retail forex traders in significant areas ranging from continental Europe to the Southeast Asia region have an undying loyalty to the MT4 platform.ĭespite all its glory, MT4 is infamous for its complex updating procedure. And despite the fact that Metaquotes Software released a successor in 2010 (MT5), MT4 has retained its popularity with speculative market traders ever since. The platform’s easy-to-use interface and great design that features many useful features such as charts, graphs, as well as deep financial analysis have made it immensely popular for both retail and professional investors alike. For over a decade, MetaTrader 4, known in short as MT4, has acted as one of the premier electronic trading platforms.
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