MT4 or Meta Trader 4, is an online electronic trading terminal utilized by online foreign exchange retail traders to place trades and analyze the financial markets. It opens traders to technical analysis and advanced trading systems.
The MT4 was developed by Metaquotes Software, EFX capital, and released in 2005. It is specially designed for trading Forex and Futures. The Meta Trader 4 trading platform provides great benefits that cannot be overemphasized.
Before MT4, trading was complex for smaller investors because big financial institutions and banks are also active in the forex markets. However, with the advent of MT4 and trading brokers, individuals now have a say in the forex market.
Retail traders can directly use the Meta Trader 4 trading terminal to place orders and execute trades without stress. The MT4 equips the trader with market execution tools, and other analysis tools like Fibonacci, lines, arrows, and shapes.
MT4 is for Everyone
MT4 is a popular trading platform that accommodates retail traders from different countries and allows them to trade the forex markets in a simplified manner without discrimination. If, for example, a trader is from Sebarang Penai in Malaysia and is not physically present in the United States, they could trade the United States Dollar with a few taps on the MT4 app just from where they are seated.
After downloading the MT4 app, you have free access to trade the financial markets effortlessly from the comfort of your home; emphasis on free as Metaquotes Software has made all features on the Meta Trader 4 trading platform accessible freely to everyone.
Operating systems supporting MT4
Let’s look at the top 4 operating systems and their compatibility with the MT4.
Windows
Windows, also called Microsoft Windows, is a computer operating system designed by Microsoft Corporation to run laptop and desktop computers. About 90 percent of personal computers use the Windows operating system. So, if you are a PC user and want to download the MT4 on your system, you should follow these guidelines. It is easy to install MetaTrader 4 on your Microsoft Windows. First, download the MT4 using any browser, like Chrome or Mozilla Firefox, by searching the name Meta Trader 4. Then run the downloaded .exe file and follow the guidelines stated by the installation wizard.
Mac OS
Mac OS was developed by Apple and designed for use by laptop and desktop computers. Mac OS is a Unix-like operating system assembled under the model of both open and closed source software development and distribution. It serves as the main operating system for Mac computers like the popular MacBook Pro. However, Mac OS experienced an upgrade by introducing the new Catalina OS development. This operating system made many applications incompatible with the Mac OS. And so, Mac users couldn’t use MT4 directly for a while. But that’s in the past. Now, you can download and use MT4 directly on Mac OS. However, you can also access MT4 through other third-party apps. An example is the parallels desktop. With this application, you can download MT4 and then run the .exe file.
Android
Android is the main operating system for mobile devices, either phones or tablets. It is based on the modified version of open-source software like the Linux kernel. For the smooth running of the MT4 app, you should update your mobile device to Android OS 4.0 or higher. There are simple steps to install the MT4 app on your mobile device. Firstly, visit the Google Play Store, then search for Meta Trader 4. Afterward, select the first Meta Trader 4 app that pops up after the search, and then install the application on your device. After this, run the app, register, and use it freely.
Linux
Linux is an operating system created like the Unix system. It is assembled under the model of open-source software development and distribution. The Linux system is largely used on smartphones, servers, and computers. Moreover, the Meta Trader trading platform was designed to fit different operating systems, and Linux is no exception. Before the MT4 can be configured for Linux systems, there is a need for the availability of the latest versions of Ubuntu and Wine. With Wine, you can download the MT4 and run the latest application of the Meta Trader 4 system (MT4) on your Linux OS. You can trade, analyze and earn profits as you optimize the MT4 on the Linux OS.
The compatibility of the MetaTrader app with almost all operating systems is a great and unique feature. It’s not uncommon to find out that certain apps won’t work on certain operating systems. The MT4 can be used by everyone on various operating systems like those mentioned above. The Windows, Mac OS, Linux, Android, and IOS are all in sync with the Meta Trader 4 trading system. Therefore, there are no limitations, PC users and Mobile device users of the different OS can utilize this great trading platform and leverage it for great use.
Conclusion
The Meta Trader 4 trading platform (MT4) allows traders to trade the financial markets with comfort and ease. The suitability of this great platform with different operating systems is outstanding. Many other platforms only find compatibility with a few operating systems (OS) and become irrelevant to other systems. MT4 is suitable for all operating systems ranging from mobile devices to personal computers. You should give it a try today!