Platform

The best trading trusted platform software is the MT4 platform. This trading software is one of the most common software which is used almost by every other trader as well as almost by every online broker.

In this learn MT4 platform guide we shall explain the MetaTrader 4 Interface so that beginner traders wanting to begin learning this charting software, then can start from this lesson.

Best Online Platform - MetaTrader 4 Workspace - Indices Trusted Trading Platforms

From above screenshot of the this trading platform MT4 software there are several tool bars as well as chart window.

You can download this online trading platform from your broker's web site. Now after you download platform, then you'll need to learn one or two things about this trading platform:

First thing is how to setup this trading platform after you download. For example if you download the MT4 platform, you will need to go to a broker first, register for a stock trading practice trading account then after you register for a trading demo stock account you will be provided with a link where to download MetaTrader 4.

Once you download this software, assuming you don't know much about Desktop computers, Open your Web Browser >>> Go to tools at top left corner of your web browser next to "file", "edit", "view" & click on tools, select download file location, (short cut: once you open your browser click CTRL+J or CTRL+Y), a download pop-up will appear with links to downloaded items. Select the software that you have just downloaded.

Installing Meta Trader 4 Platform

To setup this software after you've downloaded, launch the download from where you downloaded, from there an installation pop up wizard pops up and all you've to do is to follow the setup instructions. After setup the trading software will run automatically just like any other software. Read guide How to install MetaTrader 4.

You can open MetaTrader 4 software from the start menu>>> Programs or from the desktop short-cut that appears as a desktop icon marked MT4 after setup.

Demo Account Opening & Login

To open an account in MT4 just click on "file" and then on open an account, to login to an account just click on "file" at the top right corner and click sign in from the drop-down menu that appears.

Once youlogin to the trading platform you'll get access to charts & other technical analysis tools such as indicators that you will then use to place trades within the stock trading market while connected to your online broker's servers.

Platform Menu Bar & Tool Bars

Menu Bar in MetaTrader 4 for Navigating within the Platform

Menu bar is used to operate & navigate this trading software from one panel. From this panel you can set how to view toolbars, chart, data panel and even use the file tab to open a stock account - & also sign in to your platform account.

From the menu bar you can click ++oon the view tab & select toolbars like in the above pictured image, these menu bars can be used to set up platform stock charts, indicators, time frames, & others things like drawing trendlines & Fibo retracement areas & Fibo extension levels. To learn how to customize this trading platform software navigate to this MT4 Software Lesson Section.

Now that we have looked at the tool-bar & menu bar, we shall look at the main work-space inter-face of the MT4 platform.

Best Online Platform - MetaTrader 4 Platform

Market Watch window - This panel is used to show a stream of the exchange rates that is obtained from your broker. In this market watch panel you can right-click anywhere on this panel to choose show all instruments or hide the ones you are not interested in & save some bandwidth at the same time. No need to have prices for 50 trading instruments if you are only interested 4 trading instruments.

Data Window - Used to setup Indicators, Expert Advisors & scripts, you can click on any of this menu sub items & expand/collapse the technical indicators or Expert Advisors used for automated trading.

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

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

Terminal - This window is used to display a statement of your trades, profits & loses that you have made in your live stock trading account or demo stock trading account. To enlarge this panel & view open trades, just hover the mouse on terminal window tool-bar until the cursor pointer changes, click & hold down mouse button and then move cursor pointer upward.

Connection bars - These are used to explain the connection to internet, red bars mean no internet 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 downwards.

Advantages of MT4 Platform

In the online stock market there are many softwares available on the internet. But among the top softwares best platform is MetaTrader 4 platform, it is the best software because of the following reasons:

Low Band-width Internet Connectivity Requirement

Not everyone can afford the best internet connection, the T1, the satellite, ADSL or Fiber internet connection: furthermore, these are not readily available to some residential areas & might be limited to office buildings. This is why it is best to choose a trading software which requires the minimum band-width, MT4 platform. 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. MetaTrader 4 software is the least expensive if you are on a modem. To even reduce further the internet band-width usage go to market watch (Shortcut press CTRL+M), RightClick on any trading instrument, Choose "Hide all", now the trading platform will only stream the stock price quotes for the pairs you only need & conserve your bandwidth even further. Especially when using a mobile phone or i Pad or a Tablet where you're paying for phone credit data this can save your data credit. This is one of the reason why MT4 platform is considered as one of the best softwares online.

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

Provided by all Online Brokers

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

Easy Technical Analysis

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

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

Best Charts

The MT4 has the best platform charts representations available & implements many chart timeframes from which a investor can select.

Simplicity

Overall the simplicity of this trading platform software & the fact that any investor can learn how to use MT4 platform within one hour makes this the best software for new and experienced stock traders.

According to trading software reviews of the top trading platforms MT4 is the best stock software - Indices Trusted Softwares MetaTrader 4 Platforms. Therefore, traders looking for what is the best platform can begin trading with the MT4 platform - Indices Trusted Trading Platforms - as it's the best platform software & it's very easy to learn.