What is MT4

Mt4 or Metatrader 4 is a software program that acts as a trading platform allowing you to buy and sell currencies on the Forex market.  It connects to an forex trading account you set up with a Forex broker therefore allowing you use of the features of the account you set up.

As well as allowing you to place orders online MT4 shows live real-time information recieved from the broker about the price of the forex currency pairs.  MT4 also has the ability to plot this information on a chart as is commonly preferred and has built in indicators and chart analysis tools.

It is the preferred platform for the majority of Forex traders and its popularity and  built-in easy-to-use programming language MQL4 means that there is a vast amount of support and additional plugins available for it.

The best way to learn about the MT4 platform is to download a demo account here.  It is free and is offered with no strings.

FXST has published a Forex course which starts from basic principles and makes use of the MT4 platform