I love the fact that you can set Stop Losses and Take Profit Targets, that was a huge plus for me. I’ve actually been trading in Demo for a couple of months now, so that’s a huge plus as well for beginners, letting you get some practice in and find a strategy that works with you. Also it helps familiarize yourself with the charts and how the whole Forex market works. There is a few things that bother me but not enough to switch to another platform. I’ve been struggling to find a broker to use especially as a beginner.
In short, your MetaTrader 4 mobile application for iPhone and iPad functionality is almost identical to the desktop trading platform, allowing you to trade Forex wherever you are. May You Please…add More Timeframe Options, & alert & Push Notification On Iphone/ iPad App Please? On the iPad MT4 can you allow “Objects” & “indicators” to sync on the other charts that are open? There’s a lot of platform that offers those options standard. With all due respect MT4 Mobile is long over due for an update.
I have been using MT5 for over a year now and as of a few days ago, the software stopped working and constantly freezes up when I press the meta editor button and I am no longer able to use it. I have tried everything from deleting the software and re-downloading it, I’ve done a factory reset and I even tried metatrader alternatives in app store for apple switching users to check it wasn’t an issue with my iCloud account (I am using a MacBook). Unfortunately, when speaking to apple, they have now told me that the issue has not got anything to do with my laptop, however, I have been told to get in contact with the app administrators (being yourselves).
Convenience — a strong point of your MetaTrader 4
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The mobile
applications also provide additional features such as convenient chat with other traders and push notifications. MetaTrader five is a powerful and versatile trading platform that has gained popularity for its advanced features and user-friendly interface. It offers traders a wide range of functionalities, including live market quotes, interactive charts, and an extensive selection of technical indicators. The platform also supports automated trading through its Expert Advisor feature, allowing users to create and implement their own trading strategies.
About this app
Details of all open trade positions and pending orders can be found on the Trade window. The History window provides quick access to information about all executed trades. There are many examples in the industry of how multi-million dollar brokerage companies built their business on popular software and didn’t care about having an alternative platform just in case. Until Apple or MetaQuotes clarifies the whole situation as to why these two apps were removed from the app store, such speculation will continue to hover for a long time.
I wish MT5 could recommend one maybe or somehow help with finding one that suits your capabilities.2. If you set a bunch of buys/sells the system seems to freeze up sometimes. I don’t know if that’s normal on the demo side but I could see how it would be a HUGE problem if you had https://www.xcritical.in/ a lot of money down and couldn’t get out or buy in on a trade.3. I’m not sure if they provide all the markets I’ve tried to find some like some futures and stuff like that but no luck. Even some that are provided on the app are just there to look at I guess but it cant be traded.
Excellent new features allowing to add SL and TP on chart including bulk trades being closed. The goal to be able to automatically risk % on account size when trading on mobile on PC it’s easier when you have a position size calculator indicator but not on mobile. I hope this update will help a lot of traders if update is implemented as it would help me and many others. Forex and CFDs are leveraged products that incur a high level of risk and a small adverse market movement may expose the client to lose the entire invested capital. The vast majority of retail client accounts lose money when trading in CFDs.
Comprehensive technical analysis
Another reason could be Apple’s recent tendency to remove apps after receiving a certain number of development complaints. Once ready, click on buy or sell depending on your decision, and your trade or order should be active. Trade Function
One of the most important aspects of the app is the “Trade” function. Clicking on it will display a few key elements including balance, equity, and free margin. Back to the watchlist, the pen symbol on the left side will let you edit the watchlist and rearrange instruments according to your needs. From the edit page, you can also click on the circle to select one or multiple pairs and delete them.
- Explore the latest MetaTrader platform and access advanced trading features and tools.
- While Apple has yet to make an official statement on the matter, a MetaQuotes spokesperson has shed some light on the future use of the apps.
- For more information, see the developer’s privacy policy.
- The developer, MetaQuotes Software Corp., indicated that the app’s privacy practices may include handling of data as described below.
- Many brokers to choose from and I’d recommend to anyone looking for a easy to use but sophisticated piece of technology.
- The built-in chat allows you to
communicate with any registered user of the MQL5.community — the largest community of traders.
A trading robot can control both trading and analytics
freeing you from the routine market analysis. MetaTrader 4 offers the leading trading and analytical technologies, as well as additional services. The iOS app is supported in 13 different languages – English, Arabic, Czech, Spanish, French, German, Italian, Japanese, Polish, Russian, Simplified Chinese, Traditional Chinese and Turkish. No matter where you are in the world, take control of your trading and trade on MT4 for iPhone. Harness the market intelligence you need to build your trading strategies. Harness past market data to forecast price direction and anticipate market moves.
Make sure you have the right size selected and after you buy or sell, you can adjust the stop loss or take profit from the trade screen where your positions are listed. Now that we are familiar with the functionalities of the chart including placing trades, it’s time to place a trade from the watchlist. History
The fourth icon in the bottom menu shows you the history of your account including closed positions, deposits, withdrawals, and transfers. First of all, you need to make sure that your broker, and more specifically, your account, supports Metatrader 5. After downloading the platform, open it, and once inside, click on “Settings” and then “New Account”.
MetaTrader 4 on iPhone
For more information, see the developer’s privacy policy. Download the mobile application for your device for free! If your broker is not listed in the MetaTrader 5 Mobile Trading Platform, please request from them to contact us. The MetaTrader 4 iOS trading system allows you to implement trading
strategies of any complexity. The application offers a full set of
orders and trading functions. For more information, see the developer’s privacy policy.
The base asking price for devices with apps installed is around $5,000. However, iOS users who have previously installed apps on their mobile devices won’t be affected by the removal of MT4 and MT5 from the AppStore. You can also add the price of your stop loss and take profit if you choose to have one or both of them. Go to the watchlist and click on the instrument of choice. This will bring up the order screen where you can place a variety of orders including instant execution and pending buy and sell orders. The default view should already have a few instruments listed and adding more is simple.
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Depending on your internet speed, you should be ready very shortly. Buy any of the hundreds of trading robots or indicators and launch them without leaving the platform. Bring the full trading functionality of the popular platform with you anywhere you go. Access the most powerful trading tools and features directly from your browser. From beginners to experts, all traders need to know a wide range of technical terms. Use the MetaTrader 5 web platform without downloading or installing any application.
For a comprehensive price analysis, you can choose from 30 technical indicators and 24 analytical objects, which include lines, channels, geometric shapes, as well as Gann, Fibonacci and Elliott tools. Indicators and objects are provided with customizable color schemes and can be applied on charts or added in other indicator windows. This is my honest review.Meta trader is the best platform I have ever worked on.
This must be taken into account in relation to any counterparties. The forex sector faces higher dangers than tech suppliers. Changes in the legal field or problems with the technology provider can be fatal.