MetaTrader 4 MT4 Trading Platform

Q: What does MQL4 stand for?

You may regularly see references to MQL4 . MQL stands for MetaQuotes Language. The number corresponds to the platform, i.e. MQL4 is for MetaTrader 4.

MetaTrader 4 is the world’s most popular forex trading platform. Understand its key features and customise your trading experience — even automate your trading with algorithms triggered by parameters you set

What is MetaTrader 4?

MetaTrader4, commonly known as MT4, is the most popular trading platform for retail financial traders.

MT4 has moulded the retail trading space with a constantly growing user community for over a decade. With an interface developed to handle the full spectrum of clients, it’s the perfect tool for both the beginner and the professional trader.

MetaTrader 4 Features

How does it work?

MT4 is used for online forex trading in the foreign exchange, contract for differences (CFDs – see also what are CFDs) and futures market. Like other online (or electronic) trading platforms, the downloadable platform is used to analyse prices, place trading orders, and manage trades of various financial instruments through a network of brokerage companies that facilitate online transactions between buyers and sellers. Financial instruments include currencies, equities, bonds, futures, and options, and trades occur instantly.

Professional investors and first-timers can use the platform and access charts, live price streaming and news feeds, technical analysis tools, and customisable automated trading settings.

MetaTrader 4 Downloads

Download the MT4 platform, and get access to your live or demo trading account from your desktop or mobile device.

MetaTrader 4 Web

Start trading from any browser and any operating system without the need to install any software.

If installation is not supported on your desktop operating system or mobile, MT4 Web Trader is the perfect solution for you. Maintaining reliable data protection and real-times quotes equal to the application forms of MT4.

MT4 Web Trader still allows you to performance comprehensive market analysis using a broad range of technical indicators, graphical objects, market depth as well as 3 chart types and 9 time fames.

Compatibility with Windows, Mac and Linus operating systems.

How to Install

You can get MetaTrader 4 running in four easy steps. If you need assistance, our
expert advisors are available to offer advice and technical support.

Ready to start trading?

Frequently Asked Questions

How to open live account in Metatrader 4?

To open a real, active MT4 trading account, simply follow the link to open a LIVE account.

Once you’ve opened an account, you’ll need to download the MT4 trading platform on your device. After the software has been installed, you’ll then be able to log in with your credentials.

How to open demo account in Metatrader 4?

To open a demo MT4 trading account, simply follow the link to open a DEMO account.

Once the account opening process has finished, you’ll be able to sign in to Hantec MT4 and see how the trading system works with a demo account.

What does MQL4 stand for?

You may regularly see references to MQL4. MQL stands for MetaQuotes Language. The number corresponds to the platform, i.e. MQL4 is for MetaTrader 4.

MT4 on Mobile

MetaTrader 4 was designed for the 21st century. By having the platform available on Android and Apple and compatible with iOS, investors can manage their accounts, monitor markets, and trade quickly and easily virtually anywhere globally, 24 hours a day, seven days a week. Of course, MT4 is also available for download through Hantec on PC and Mac.

Can MT4 run on Mac?

MT4 was natively developed for Windows. However, you can run the application on Mac OS with a few extra steps. Click here to find out.

Additional Information

How do I download an indicator to MT4?

Locate and copy the MT4 custom indicator file on your computer, open the data folder, open the MQL4 file and locate the Navigator panel.

On the navigation, find Custom Indicators. Double click once you have found the indicator, and the properties window will appear.

How to Uninstall MT4

Open your computers control panel (Start>Control Panel>Apps)
Find MetaTrader 4
Click Uninstall
Follow on screen instructions to remove application

Minimum System Requirements

OS: Windows 7 SP1 Minimum
CPU: Intel Celeron / Pentium Gold Series (AMD A6+)
RAM: 256MB – 512MB Minimum (Recommended 1gb)
DISK: At least 100mb Disk Space
GRAPHICS: 256MB Dedicated Graphics Memory

For optimal performance, it is advisable to have a machine that exceeds minimum requirements.

Automated Trading & MQL

While the mobile compatibility of the MT4 platform has made trading more convenient and fast-paced, the introduction of automated tools and trading made it especially attractive for and popular amongst individual online traders.

Through MQL4 – the cutting-edge programming language of MT4 – traders can set up Expert Advisors (EAs) and a series of trading rules (custom indicators and scripts) specifying their entry, exit and money management criteria.

Through these trading rules, traders can eliminate emotion from trading and instead carry out trades mechanically. These ‘settings’ can essentially trade for you, factoring in historical market data and analytics for the best possible outcome at speeds simply not possible through manual trading. Not only does this equate to less time watching the market, but also more effective trading strategies and seamless trade execution.