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As we talk about the FXTM MT4 (MetaTrader 4) trading platform, it is the most premium and best platform in the Forex market. FXTM has a huge reputation with the qualities of being high in clarity, reliability, and transparency.
Talking about FXTM MT4, you can download it on MAC or PC systems with just one click. Plus, it is also compatible to work with Android devices too such as tablets or smartphones. Moreover, the friendly interface of MT4 makes it perfect for both new and professional traders.
FXTM Overview
FXTM has always remained one of the leading and reliable brokers for quick Forex trading. However, the broker has grown at a high pace since 2011 and gives tough competition to the broker companies.
FXTM has fulfilled the expectations and needs of its clients by providing them with a guaranteed and tested platform for trading.
Yes, we are talking about MT4!
MT4 is a true example of ensuring great customer support and high satisfaction over trading services. This trading platform is suitable for investors who wish to invest in smaller deposits and make handsome profits in less time.
Currently, FXTM is not accepting clients from Japan, Canada, Australia, and the USA. This is because they have not set up their organizations in such countries. But soon in the future, some developments will be made to expand the trading services in North America and Asia-Pacific.
Why choose FXTM MT4?
- Excellent customer support service
- Easy to use and friendly interface
- The detailed analysis report is available for the expert advisors
- Low spreads from 0 pips
- More than 60 tools and trading indicators
- One-click trading access
- Low deposit and quick withdrawal
- Available with hedging option
- Supports various trading instruments
How to download FXTM MT4 in 3 simple steps?
- First of all, get yourself registered with FXTM. Fill the registration form and get your account opened in just a few minutes. Then, enter the PIN sent to you on the provided phone or email.
- Download MT4, which is compatible with various desktop or mobile platforms.
- Gain maximum opportunities for online trading through the FXTM MT4 trading platform.
What is the main purpose of using MT4 indicators?
The main purpose of the MT4 indicator is to give the trader a complete insight into the market conditions. It even personalizes their whole trading or forex market experience as a beginner.
MT4 indicators will also allow you to customize your trading style and establish your strategies according to your requirements.
To identify the current market direction, some latest analysis tools are also available in MT4 indicators. You can either pick one tool or choose as many of them to have a worthwhile trading experience.
Installation and using MT4 indicators are quite initiatives. So without delay, do it now!
Different types of indicators available on the FXTM MT4 platform are:
- Orders indicator
- Pip value calculator
- Spread indicator
- Day Bar Info Indicator
- Pivots SR Levels
- Market Data to CSV
Orders indicator helps to monitor the trades and analyze the trading activities. It even displays the trades on a chart or indicates when they are about to close or open. Results are displayed in pips and currency.
Speed indicator displays the value of current spread in pips over the chart for a specific timeframe.
What type of order execution is available on FXTM MT4?
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We all know FXTM MT4 as a flexible trading platform and easy to operate in numerous trading operations. Through various handy instruments, a trader can close deals, perform excellent trading strategies or analyze quotes.
Another best thing about the MT4 platform is its language access, with which a trader can choose the specific language of their country for trading.
In addition, 31 analysis tools are available on the MT4 platform for detecting cycles, building channels, supporting resistance levels, or identifying the price trends of financial instruments.
Three types of order execution types available on the FXTM MT4 platform are:
- Instant execution
- Request execution mode
- Market execution
Charts in MT4 are helpful to offer pre-set templates for simplifying the trading opportunities of traders. Editing styles and colouring options are also included.
Plus, charts can also detect unwanted features or additional information to make the whole trading process readily accessible.
Why should you use MT4 for trading and not MT5?
It has always been a matter of discussion which platform of FXTM is suitable for trading, i.e., MT4 or MT5. Without any argument, we always say MT4. Using FXTM MT4 is excellent for easily trading Forex but for trading commodities or stocks, choose the MT5 platform.
If you study a bit about the MT5 trading platform, you will find it unique and best to work on its own terms.
Another major difference is that MT5 complies with the USA “no hedging” regulation. According to this regulation, brokers must process their trade on the “first-in, first-out” basis. This is how the technique of hedging is precisely followed.
Both MT4 and MT5 trading platforms can be downloaded on mobile, tablets, operating systems, or web-based. In addition, beginners and professionals can use both MT4 and MT5 platforms for their assistance.
Few other major differences are:
- MT5 is based on 38 technical indicators, and there are 30 on MT4
- 44 analysis tools are available on MT5 as compared to 31 on MT4
- MT5 has six different types of pending orders, and MT4 has four types only
The MT4 trading platform is available with helpful tutorial guides and educational videos for beginners to learn trading basics. In addition, a trader can also participate in Forex trading seminars or webinars.
Bottom line
To end with the whole discussion, FXTM MT4 is a single-handedly great trading platform to ensure that each trade has a convenient trading experience. Furthermore, it guarantees that the trader should have professional trading experience, whether a beginner or an advanced one.
A trader can use MT4 on any electronic device and is compatible with all systems. In short, it is a reliable and solid broker for a pleasant trading experience. So create your account on FXTM MT4 right now!
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