As the world progresses towards digitalization, the financial market has also embraced technological advancements that have revolutionized the way we trade. One such game-changing development is Metatrader 4 (MT4), a digital trading platform available for both desktop and mobile use. It has become increasingly popular due to its advanced chart systems, intuitive operating interface, and automated trading algorithms. In this article, we explore all the features of Metatrader 4 Iphone/Ipad ios that make it the best choice for traders on-the-go.
Installation and Set-Up
Metatrader 4 for iOS is available for free download on the App Store. After installing the app, you need to create an account or log in to your existing one and connect to your broker. Metatrader 4 supports multiple account management, allowing traders to monitor several accounts simultaneously. On the platform, you can switch between accounts by tapping on the account number in the application window.
Charting and Analysis
Metatrader 4 offers a comprehensive range of analytical tools to help you in your trading decisions. This application has over 30 technical indicators which are displayed in different chart styles with customizable settings. Also, it has interactive charts that provide real-time prices and historical data on nine different timeframes, including weekly, daily, and hourly. The trading system supports multiple chart windows that enable traders to compare different currencies and create customized market watchlists.
Trading Tools
Metatrader 4 on iOS offers traders a variety of market orders to choose from, including instant execution, and pending orders. The platform also includes a trading history section that illustrates your previous trades’ details, where you can evaluate your trading strategies. Furthermore, MT4 has a news tab that provides up-to-date reports on world economies impacting the market. With this information, traders can make wise trading decisions.
Automated Trading
Metatrader 4 has an inbuilt automated trading system that can execute trades automatically according to preset rules or parameters. This is known as an expert advisor (EA) and has become increasingly popular among traders. On MT4, traders can develop their EAs or purchase them from other third-party providers. Automating your trades allows you to maximize your profits while minimizing losses, ultimately increasing your trading efficiency.
Security and Safety
Metatrader 4 on iOS is highly secure as data is protected by a 128-bit SSL encryption protocol. Additionally, all accounts are verified by a one-time password sent to your registered phone number. This safety feature ensures that only the account owner can access and control their account.
Conclusion:
In conclusion, Metatrader 4 on iOS is the perfect trading platform for traders on-the-go. The app is user-friendly, easy to navigate with features such as charting and analysis, automated trading, and a secure trading environment. These features make trading accessible, efficient and more profitable. The versatility of Metatrader 4 is unrivaled, and it remains a top choice for traders worldwide. We recommend that you try out Metatrader 4 today and explore all it has to offer.
