Many traders commonly use their desktop computer or laptop and the internet to connect to have the access to real time market updates and analysis. However, once you leave your office, some traders still want to get more pips anywhere and anytime.
Meta Trader 4 (MT4) is famous software offered by Foreign Exchange (Forex) brokers to online retail forex speculative traders. As windows trading terminal, it helps traders to get up-do-date market information such as live streaming prices, charts, order placement and account management.
The MT4 was released in 2005 by Meta Quotes Software and continues to be used by brokers and traders all over the world although Meta Trader 5 was released five years later.
Your Smartphone and tablet
Today, smart phones are getting smarter with the advent of helpful applications that are used in day-to-day transactions.
One of the most famous devices is the Apple’s iPhone and iPad. Through iTunes store, an apple user can easily take advantage of iTrader, a MT4 application for iPhone and iPad for free.
For Android users, your phone and tablet are also capable of MT4 which is called the Android Trader available in Droid App store for free.
Here, you can see quotes and graphs of financial asset prices in real-time. You can also open and close trading orders such with such options as BuyStop, SellStop, BuyLimit, SellLimit, StopLoss, and Take Profit. There is also the ability to send and receive messages on the internal MT4 news and messaging system, view economic calendars, build and maintain records of completed trade deals and alike.
In addition, MT4 is available for Windows Pocket PC users as well. There are two versions for this, One for PDAs running under Windows Pocket PC 2002 or higher with a resolution of a least 640×480 and the other for smartphones with the Windows Mobile 2003 operating system or higher. You can install each version directly from the mobile device or from a PC using ActiveSync.
Whether you’re using iOS or Android in your phone or tablet, you can now access your trading accounts wherever and whenever you go.