MetaTrader 4 is a trading platform developed specifically for trading foreign exchange on desktops and mobile devices. The PC version’s interface is quite similar to that of the mobile version, which can also handle basic MT4 platform capabilities including technical analysis, trading operations, and execution modes. The algorithmic trading capabilities are the only thing that makes this platform distinct from those running on Android or PC.
MetaTrader 4 for Android: Some Facts to Know
It is possible to use the MetaTrader 4 Android app on any tablet or smartphone with a screen resolution that supports it. Because the program is tailored to each device, the terminal interfaces may be different for tablets and smartphones.
- To use MetaTrader 4, you must have an Internet connection. Using a Wi-Fi network or a mobile data connection is both viable options for this.
- For both demo and real accounts, the app seamlessly integrates with the trading platform.
- Traders may use their mobile devices to open a demo account just as they do on a PC. Additionally, the terminal may handle an infinite number of accounts.
- For all symbols, the quotations are available in real-time.
All of the quotations accessible on the financial instrument may be received and shown by the application. The quotations may be presented in a comprehensive or reduced format at Market Watch. Symbols are shown in the Market Watch. All of this can be set up very quickly and simply. It is possible for the traders to quickly and simply conceal any symbols they do not need.
All types of trading orders are supported. In addition, they are completely compatible with MetaTrader 4 on desktops, allowing you to execute your trading plan in a flexible way. You may manage your trades from the mobile version, where you can view the same transactions as on the PC. Using the mobile app, you may complete your transaction and immediately view the results on your computer. Take profit and stop-loss orders, sell stop, purchase a stop, sell limit and buy limit pending orders, and Buy and Sell Market orders are all accessible in the MT4 android version.
Everything you’ve done on the mobile app is the same as what you did on the PC terminal version. In terms of trading settings, MetaTrader 4 Android lets you make adjustments on the go. Symbols and time periods are used to filter historical data for the benefit of traders.
MetaTrader 4 Android has 30 different technical indicators. These technical analysis indicators do exactly what they claim to do: they provide superior technical analysis.