Best Trading Platform Online

The Best Trading Platform Online is the MT4 platform. This is one of most common software which's used by almost every other online trader as well as almost every online broker.

In this guide we shall explain the MetaTrader 4 Interface so that beginner traders wanting to begin learning this Best Trading Platform Online, can then start from this lesson.

Best Platform Online - MT4 Workspace

Form the above screen-shot of the this software there are several tool-bars as well as chart window.

You can download this Best Trading Platform Online from your online broker's site. Now after you download it, then you'll need to learn one or two things about this software platform:

The first thing is how to setup this software platform after you download. For example if you download the MT4, you'll need to go to a online broker first, register for a demo trade account then after you sign up for a practice trading account you'll be provided with a link where to download MT4 Software.

Now once you download this software, assuming you do not know much about Desktop computers, Open your Web Browser >>> Navigate to tools at the top-left corner of your browser just next to 'file', 'edit', 'view' and click on tools, select download folder place, (shortcut: once you as a indices trader launch your browser press in CTRL + J or CTRL+ Y), a download pop-up will popup with links to downloaded items. Choose MT4 platform that you have just downloaded.

Installing MT4 Software

To set-up this platform after you've downloaded, open the download from where you downloaded, from there an installation pop-pup wizard pops up & all you have to do is to follow the set-up instructions. After setup the trading software will run automatically just like any other software. Read tutorial How to install Meta Trader 4 software. This platform is easy to setup and this is another reason why this software is the Best Trading Platform Online.

You can open MT4 from the begin menu>>> Programs or from desktop short cut that appears as a desktop icon marked MT4 after setup.

Demo Stock Account Opening & Sign in

To open an account in MetaTrader 4 just click on 'file' and then on open an account, to sign in to a trading account just click on 'file' at the top right corner & click sign in from the drop-down menu that pops.

Once yousign in to the MT4 software you'll get access to charts & other trading analysis tools such as indicators that you will then use to place trades within the market while connected to your broker's servers.

Indices Software Menu Bar and Tool Bars

Menu Bar on Meta Trader 4 for Navigating within the Software - Best platform software

Menu bar is used to operate & navigate this software from single panel. From this panel you can set how to view tool-bars, chart, data window & even use the file tab to open a stocks account - & also sign in to your account. This menu bar makes this platform easy to operate & this is also why this is Best Trading Platform Online for beginner traders.

From menu bar you can click on the view tab and select chart tool-bars like in the above pictured screen-shot, these menu tool bars can be used to set up charts, indicators, time frames, & others things like drawing trendlines & Fibo retracement areas & Fibo expansion levels. To learn how to customize this software go to this MetaTrader 4 Indices Course Section.

Now that we have looked at the tool-bar & menu bar, we shall look at the main work-space inter-face of the MetaTrader 4 software.

Best Online Platform - MT4 Best Trading Platform Online

MarketWatch window - This panel window is used to show a stream of the exchange rates that is obtained from your trading broker. In this market watch panel you can right-click anywhere on this panel to choose show all trading financial instruments or hide the ones you are not interested in and save some band-width at the same time. No need to have prices for 50 instruments if you are only interested in 4 financial instruments. This make this platform easy to use with any internet connectivity another reason why this is the Best Trading Platform Online.

Data Window Interface - Used to set-up Stock Trading Indicators, Expert Advisors & scripts, you can click any of this menu sub items and expand/collapse the technical indicators or EAs used for automated trading.

Charts Panel - This is where the price moves will be drawn.

Charts Tab - Navigation from one instrument to another is easy, just flip through the charts tab as illustrated above.

Terminal Window - This panel window is used to illustrate a statement of your trade transactions, profits & loses that you have made in your real account or demo account. To enlarge this panel and view open trades, just hover the mouse on terminal window toolbar til the cursor pointer changes, click and hold down mouse button & then move cursor pointer upwards.

Connection bars - These are used to show the connection to net, red bars mean no net connection, green bars show there internet connectivity.

Exchange Rates Graph - this shows the exchange rates for indices that you are trading so that to display if the exchange rate is going upwards or downward.

Advantages of MT4

In the online market there are many trading platforms available on the internet. But among the top softwares the Best Trading Platform Online is the MetaTrader 4 Indices Platform, it's the best trading platform because of following reasons:

Low Band-width Connection Requirement

Not everyone can afford to pay for the best internet connection, the T1, the satellite, ADSL or Fiber internet connection: furthermore, these are not readily available to some residential areas & may be limited to office buildings. This is why it's best to choose a platform that requires the minimum bandwidth, MT4 stock trading software. Even with the best internet connection, sometimes the internet connection may not be available & you may need to use an alternative connection like the dial up or modem. MT4 is the least expensive if you are on a modem. To even reduce further the internet band-width usage go to market watch (Short-cut Key press CTRL+M), Right Click on any financial instrument, Choose 'Hide all', now the software will only stream live price quotes for pairs you only need & save your internet band-width even further. Especially when using a phone or iPad or a Tablet where you are paying for information plan credit this can save your internet credit. This is one of reason why the MT4 is considered as one of the best trading softwares online.

The easier it is to connect the easier it's open and close trades on time.

Provided by all Online Brokers

Another reason why this software is considered as one of Best Trading Platform Online is because MetaTrader 4 is liked by most traders all brokers provide it. Once as a stock index trader learns the MT4 platform there is no need to re-learn when you switch to another stock trading broker. You can still use same MT4 platform of the new online broker without need to learn a new software all over again.

Easy Technical Analysis

The other thing which makes this the best platform software is the ease with which you can set up the trading analysis technical indicators on the trading charts. Even those using various web traders will do their trading analysis in MetaTrader 4 stock chart & then place their stock orders on their web-trader.

Technical analysis traders also can set-up custom trading indicators on this software platform, making it easier to add more technical analysis tools on to this platform. Others also install Expert Advisors on this software platform so that to trade automatically with these programs known as automated Expert Advisor Bots.

Best Charts

The MT4 has the Best Trading Platform Online charts representations available & implements many chart time-frames from which a can choose.

Simplicity

Overall the simplicity of this software and the fact that any investor can learn how to use MetaTrader 4 within one hour makes this the Best Trading Platform Online for new and experienced stock traders.

Learn More Lessons and Topics:

• How to Add Bollinger Bands Indices Technical Indicator on Trading Chart in MT4 Platform
• How Can I Trade EU 50 in MT4 Platform?
• Placing Arrows on Stock Indices Charts in MT4 Trading Platform
• Where Can You Find Trade Fibo Extension Technical Indicator MT4 Platform?
• EU 50 Pip Calculator for EU 50 Indices
• How Can I Analyze When a Indices Trend is Ending?
• How to Add Relative Vigor Index, RVI Indicator on Stock Indices Chart