MT4 or Metatrader 4 is the most popular forex trading platform today. Therefore, MT4 Download is the top concern of traders. Before downloading and installing MT4 to your computer and trading, traders need to clearly understand what MT4 is as well as information related to this software. Join Learn Forex Trading to learn about MT4 and MT4 Download the article!
What is MT4 Download? Why should you download MetaTrader 4 for trading?
Before learning how to download MT4 software, you need to clearly understand what MT4 is and the outstanding features that Metatrader 4 provides to investors.
What is MT4? What is MT4 Download?
MT4 stands for Metatrader 4, a software that supports investors in online trading in the foreign exchange market. Specifically, trading financial instruments such as currency pairs, stocks, CFDs, indices,…
This MT4 platform was invented and launched by MetaQuotes Software in 2005. To date, MT4 has served customers globally for more than 18 years. This platform is favored by many traders because of its technical indicator system that helps investors accurately identify and analyze market fluctuations.
In particular, MT4 is integrated with all devices such as smartphones, computers, tablets,… Bringing the highest convenience to every trader. MT4 Download means downloading the Metatrader 4 application to these devices to use for trading.
See more: Let MT4 help you solve all your trading difficulties
Why should you download MetaTrader 4 for trading?
Metatrader 4 has great features that a beginner trader should download and use:
- Allows running programs to automatically execute transactions or search for trading signals.
- Indicators are available or customized for placing orders, taking profits, stopping losses, and canceling orders.
- The Depth of Market feature helps traders check market liquidity.
- The Market Prices feature helps you see the most accurate market prices in real-time.
- Process a large volume of transactions at the same time.
- Fully integrated indicators help traders analyze fluctuations most accurately.
- Ability to set up custom indicators.
- Store all data completely and safely.
- Transaction IP is hidden so there is no fear of information being stolen.
Is MT4 Download safe or a scam?
Many traders wonder if trading with MT4 is safe. There is some information that Metatrader 4 is a scam? So what is the truth? Let’s find out below!
Why is MT4 Download safe?
MT4 is an extremely high-quality software developed by the extremely reputable MetaQuotes Software company. Downloading MetaTrader 4 to your device is also extremely safe for many other reasons such as:
- MT4 is just an intermediary bridge for traders to view market quotes and place trading orders. In other words, all orders on this platform are actually executed between you and the broker. MT4 does not interfere with any orders.
- Most of the best brokers in the world use MT4. Specifically: Exness, XM, ICMarkets,…
- Although MT5 was released with many advanced features, MT4 still has increased downloads. This proves that traders appreciate this software.
- Metatrader’s consulting team is methodically built, professional, and enthusiastic. Therefore, newbie traders will not be confused when first entering the market.
Is the rumor that MT4 is a scam true?
When learning about MT4 Download, many traders accidentally read some fraudulent MT4 information. So is this a rumor or true? Most traders, whether new or professional, prefer MT4. There is no official information about the MT4 scam.
Basically, Metatrader 4 is the earliest trading platform and is always at the top of the best trading platforms. Serving millions of investors worldwide, integrating more than 750 brokers and banks. These are the numbers that prove MT4 is truly trustworthy.
On forex review sites, MT4 is always associated with positive reviews such as a smooth-running platform, high customization, optimized automatLearn Forex Trading, etc. Many traders have been with MT4 for many years, even There is no intention to abandon MT4 unless they are no longer interested in the forex market.
However, there are still some bad reviews about the software such as MT4 being overloaded, lagging when many traders are executing orders at the same time, or interrupted when there is a power outage,… Therefore, the MT4 platform development team has also and is working to overcome this limitation to provide a better experience for users.
Currently, the most optimal solution for fast, safe, and uninterrupted trading is to use the MT4 VPS package. VPS Forex operates 24/7 to help you trade anytime, anywhere. At the same time, VPS’s transmission speed is extremely stable and fast, without interruption during power outages.
How to download MT4 to your computer and phone
MT4 is an intermediary platform, connecting traders and brokers. Therefore, before downloading MT4 and using it, you need to open an account on a forex exchange that supports MT4. Below are the fastest and most accurate instructions for downloading MetaTrader 4 to your computer.
How to download MT4 to your computer
You can directly access the home page of the broker where you opened an account to download MT4. Here’s how to download MT4 to your computer:
- Step 1: Go to the Metatrader 4 homepage.
- Step 2: Click “Download”. Scroll down the screen, you will immediately see “MetaTrader 4 for Desktop”. There are 3 options here: “Download MetaTrader 4 for Windows”, “Linux” and “macOS”. You will select the item that matches your computer’s operating system.
- Step 3: Open the downloaded mt4setup.exe file and run the installation program. Click on Run, then Yes, then Next. Wait a few minutes for the system to complete the installation.
- Step 4: After installation is complete, click Finish and you’re done.
See more: Instructions for registering an XTB account
How to download MetaTrader 4 to your phone
To download MT4 to your phone, you can also visit the Metatrader 4 homepage, click Download, and scroll down to the corresponding Metatrader 4 iPhone/iPad/Android section. The home page will automatically switch to the app store.
The fastest way is:
- For iPhone: Click on App Store => Type the name “Metatrader 4” in the “Search” box => Click “Get” corresponding to the standard application icon => Enter the iCloud password to download.
- For Android phones: Click on CH Play => Type the name “Metatrader 4” in the “Search” box => Click “Install” to download the MT4 application.
Conclude
Although nowadays, many new, more modern software have been released. However, there is still no platform that can truly replace MT4’s top position. Depending on each exchange, Metatrader 4 will promote appropriate and effective features. Hopefully, the above general content about Metatrader 4 and MT4 Download from Learn Forex Trading will help you confidently choose and download this platform to your device to trade.
FAQ
Does MT4 Download take long?
Are not. Downloading the application on your phone only takes about 1 minute. For computers, it takes a little longer because you have to run the installation program, but it only takes 2-3 minutes to complete.
What types of assets does MT4 support?
The MT4 platform supports most asset types such as:
- Forex: Currency pairs
- Commodities: Typically gold, silver, crude oil, etc.
- Index: The most popular are S&P 500, NASDAQ, Dow Jones Industrial Average,…
- Securities: are shares of companies on the stock exchange.
- CFDs: Contracts for Difference.
- Binary options: Predict asset prices.
- And some other types of financial instruments.
Does MT4 software have a mobile version?
Have. Metatrader 4 is available in the app stores of smartphones and tablets. This brings convenience in flexible trading and account management anytime, anywhere. MT4 integrates both iOS and Android operating systems.
