AvaTrade MT4 – MetaTrader 4
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With regards to AvaTrade MT4, this trading platform has indeed proven to be one of the most popular trading platforms for having a reliable trading experience on one interface. It is equipped with powerful analytical technologies and has leading tools to help your valued trading experience.
MT stands for MetaTrader, and we all know that this platform offers a variety of assets to complete a successful trading experience. Traders can conduct technical and charting analysis activities, monitor the current market, and automate the trades through Expert advisors.
It is the fastest and most flexible trading platform. It introduces some convenient trading signals from the top and experienced providers. In addition, expert advisors are also available for algorithmic trading. It is compatible with web, PC and mobile platforms.
Major reasons to use AvaTrade MetaTrader 4
A few of the major reasons to use the AvaTrade MetaTrader 4 platform are:
1. Powerful Platform
All the new traders can open their accounts and start trading on the most powerful and popular trading platform. This platform allows them to trade on financial assets online and without any hassle.
AvaTrade MT4 is fully optimised to start trading in various market conditions. It is yet functional on both slow and fast internet connections.
2. Analytic Capabilities
MT4 is available with some advanced features through which traders can perform successful and comprehensive price analyses on specific financial assets.
Few analytical tools available in AvaTrade MT4 are flexibility, multiple timeframes, built-in indicators, interactive charts and graphical objects. With all these tools, a trader can identify the optimal prices to exit or enter the trades.
3. Professional Advisors
Furthermore, MT4 supports automated trading with which traders can build, use, buy, modify, sell or rent EAs. These EAs are expert advisors.
In short, MQL4 is the home to hundreds of modules, codebases and freelance developers to reach the top of automated trading.
AvaTrade MT4 should be your first choice because it is equally important for an experienced or a beginner trader. It has powerful functionality with an intuitive interface and design.
You can easily access the tools and information related to inductors, prices or charts.
5. Available with hedging
Access to hedging is also available on AvaTrade MT4. Hedging will help the traders to protect themselves from a few market uncertainties, including extreme volatility.
6. Guardian Angel
AvaTrade MT4 has a powerful add-on of risk assessment known as Guardian Angel. It’s a free tool to deliver instant feedback on trading actions and improving trading skills. A trader will be able to make a better trading decision with the help of Guardian Angel.
How can you open an MT4 trading account with AvaTrade?
It is extremely easy and an initiative to get an MT4 live or demo account with AvaTrade. First, you have to register yourself for the account opening and move towards the main page of MetaTrader 4. Then, download the platform MT4 for your device.
Once the MT4 trading platform has been launched on your device, you can log in through real or demo account credentials. Details about the login are sent to your provided email.
Once the account is created, you can access all the powerful features of the AvaTrade MT4 platform.
Main features of AvaTrade MetaTrader 4 trading platform
Few important features of the AvaTrade MetaTrader 4 trading platform are discussed below:
● One-click trading
A single click is required for closing or opening trade positions in a market.
● EA functionality
A trader can deploy automated trading strategies with efficiency and great ease.
● Nine timeframes
AvaTrade MT4 is available with nine timeframes such as H1, M1, M15, M5, H4, M30, daily, weekly and monthly. With the shorter timeframe charts, traders can improve their trading activities by inspecting optimal prices. On the other hand, longer timeframe charts will display a bigger picture.
● 3 charts
MT4 has 3 charts which are bar, line and candlestick. These three charts make it possible for traders to do direct trading through asset price charts.
● 30 built-in indicators
With the help of various mathematical indicators, a trader can perform extensive technical analysis to investigate asset prices.
● 4 types of pending order
By using pending orders, a trader can trade flexibility through numerous asset classes or market conditions. These pending orders include buy stop, sell stop, sell limit and buy limit.
What is the minimum deposit amount to open an MT4 trading platform?
To open an account with the MT4 platform, a trader has to deposit a minimum of $100. Both demo and live trading account services are available with AvaTrade MT4.
Is it possible to use the MT4 platform on the smartphone?
MT4 acts as a cross-platform application, which is available in different downloaded versions. This included desktop version, web trader access through an internet browser or installing it for your mobile device.
Mobile MT4 version is available for both Android and iOS operating systems. You have the power to create an account on any device according to your convenience.
How is the latest MT5 version better than the MT4 version?
MT4 and MT5 are both the official versions that are created and distributed through MetaQuotes Software. The MT5 platform is excellent for order management and stock trading. But the MT5 version is superior for experiencing Forex trading.
Once you start exploring both of these platforms, you will notice a significant difference between the two. Both of them provide basic trading functions and powerful features to have a successful trading experience.
If you want to make your trading experience a valuable one, then without wasting a single second, download and install the AvaTrade MT4 platform right now. Implement complex trading strategies and examine the trading charts as a beginner with MT4.
We hope you might have seen how important it is to use MT4 services for a successful trading experience with our guide above. So visit AvaTrade’s official site right now and create your account with the MT4 platform.
Jason Morgan is an experienced forex analyst and writer with a deep understanding of the financial markets. With over 13+ years of industry experience, he has honed his skills in analyzing and forecasting currency movements, providing valuable insights to traders and investors.
Forex Content Writer | Market Analyst