* Trading is risky. Your capital is at risk
Why trade on MetaTrader 4?
Free to download and the industry favourite of FX and CFDs traders worldwide.
Complete with MQL4, Expert Advisors, VPS trading and more.
Available on PC, Mac, mobile and tablet, to trade when and where you like.
What is MetaTrader 4?
MetaTrader 4 is a platform that can be used with an FXTM trading account to do technical analysis and action trades.
Key features of MetaTrader 4
Get access to Forex, Metal, Stocks and more
Easy-to-read, interactive charts with 30+ technical indicators for analysis.
MQL4 programming for creating automated strategies and custom indicators
VPS (virtual private server) for streamlined Forex trading
Multi Account Management (MAM) for block trading across accounts
Download MetaTrader 4
What's the difference between MT4 and MT5?
Order execution types | 3 | 4 | |
Partial order filling policies | -- | ||
Order fill policy | Fill or kill | Fill or kill immediate or cancel return | |
Pending order types | 5 | 6 | |
Netting | -- | ||
Hedging | |||
Market depth | -- | ||
Technical indicators | 30 | 38 | |
Graphical objects | 37 | 44 | |
Timeframes | 9 | 21 | |
Economic Calendar | -- | ||
Email System | -- | Yes, with attachments | |
Strategy Tester | Yes, single thread | Yes, Multi-threaded + Multi Currency + Real tick | |
Embedded MQL5 community chat | -- |
Getting started on MT4
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Frequently asked questions
MetaTrader 4 (MT4) is a free, stand-alone forex trading platform used globally by millions of traders. With MT4, you can monitor the markets in real-time, perform technical analysis with 30+ indicators, and execute trades securely.
Both MT4 and MT5 are efficient, innovative trading platforms with many features designed to boost your trading. MT4 is often a popular choice with new and beginner traders but it all depends on your personal preferences. MT5 does include additional tools such as the Economic Calendar and embedded community chat - but not every trader wants these. You can always try both platforms and see which one works for you.
If you're new to trading, MT4 is a good starting point. It has a clear, simple interface and the graphics are easy to interpret. You can also create Expert Advisors (also known as Trading Robots) to help you develop your trading strategies and identify the latest market trends.
'Add-ons' are extra functions that you can use to customise your platform depending on your own specific trading needs. You can learn more about these on our Trading Tools Overview page.
MT4 indicators are technical analysis tools that can help you to interpret price movements and speculate on how the markets might move next. There are over 30 to choose from!
Every trader is different, but it's true that MT4 is the 'comfort zone' of many. As we've mentioned already, it does come with a whole load of tools and lots of opportunity to customise the platform as you wish - which is why some traders don't feel the need to upgrade to the newer MT5.
No, afraid not. You need a trading account that you have opened with a broker, which you then connect to through the MetaTrader platform. Trading on MT4 with an online broker like FXTM does mean you'll have access to other benefits including customer support, rapid execution and educational resources to help you on your way.
No, it is completely free to download. You will need to fund your trading account though to start making trades.