Best Trading Software iPad

Platforms for iPad - the Best Trading Platform iPad is the MT4 software. This is Platforms for iPad of the most common software which is used by almost every other trader as well as by almost every online broker.

In this tutorial we shall explain the MetaTrader 4 Interface so that beginners wanting to begin learning this Best Trading Software iPad, can then start from this learn MT4 tutorial.

Best Platform iPad - MetaTrader 4 Workspace

Form the above image of the this software platform there are several toolbars as well as chart window.

You can download this Best Platform iPad from your broker's site. Now after you download it, then you will need to know one or two things about this software:

The first thing is how to install this software after you download. For example if you download the MetaTrader 4, you will need to go to a broker first, register for a practice trading account then after you register for a practice trade account you will be provided with a link where to download the MT4 Platform Software.

Once you download this trading softwareplatform, assuming you do not know much about PC Desktop computers, Open your Browser >>> Go to tools on the top left corner of your web browser next to 'file', 'edit', 'view' menus click on the tools, choose download folder place, (short cut: once you open your web browser click on CTRL+J or CTRL+ Y), a download popup will appear with links to downloaded items. Choose the MetaTrader 4 software that you have just downloaded.

Best Platform iPad

To install this software after you have downloaded, open the download from where it's that you downloaded, from there an installation pop up wizard appears & all you have to do is to follow the setup instructions. After setup the trading platform will run automatically like any other software. Read lesson How to install MT4 software. This platform is easy to install and this is another reason why this platform software is the Best Platform iPad.

You can open the MetaTrader 4 from the begin menu>>> Programs or from the desktop shortcut which pops up as a desktop icon marked MetaTrader 4 after installation.

Practice Demo Account Sign Up & Login

To open a trading account on MT4 just click on the 'file' & then on open an account, to login to an account just click on 'file' at the top right corner and click login from the drop-down menu which pops up.

Once yousign in to the MetaTrader 4 software you'll get access to charts and other trading analysis tools such as indicators that you will then use to place trades within the market while linked to your broker's servers.

Platform Menu Bar and ToolBars

Menu Bar in MT4 for Navigating within the Trading Platform - Best platform

Menu bar is used to operate and navigate this platform from single panel. From this panel you can set how to view toolbars, chart, data window and even use the file tab to open a account - and also sign in to your trading account. This menu bar makes this platform easy to operate and this is also why this is the Best Platform iPad for beginner traders.

From the menu bar you can click on view tab and select chart tool-bars like in the above illustrated screenshot, these menu toolbars can be used to setup trading charts, indicators, time frames, and others things like drawing trend-lines & Fib retracement zones & Fibo expansion levels. To learn how to customize this software platform go to the MetaTrader 4 Course Section.

Now that we have looked at the tool bar and menu bar, we will look at the main workspace interface of the MetaTrader 4 platform.

Best Online Platform - MT4 Best Platform iPad

Market Watch window - This panel is used to show a stream of the exchange rates that's obtained from your broker. In this market-watch panel you can right click anywhere on this panel to select show all gold or hide the ones you are not interested in and save some band-width at the same time. No need to have prices for 50 gold if you are only interested in 4 gold. This make this software easy to use with any inter-net connection another reason why this is the Best Platform iPad.

Data Window - Used to set-up Trading Indicators, Expert Advisors and scripts, you can click any of this menu sub items & expand/collapse the technical indicators or EAs used for automated gold.

XAUUSD Charts Panel - This is where the price moves will be drawn.

Gold Charts Tab - Navigation from one xauusd to another is easy, just flip through the charts tab as shown above.

Terminal Panel Window - This panel is used to display a statement of your trade transactions, profits & loses that you have made in your real account or demo account. To enlarge this panel and view open trade transactions, just hover the mouse on the terminal tool-bar til the cursor changes, click & hold down mouse button and then move cursor upwards.

Connection bars - These are used to show connection to net, red bars mean no internet connectivity, green bars show there is internet connection.

Exchange Rates Graph - this displays the exchange rates for the xauusd that you're trading so that to display if the exchange rate is going upwards or downwards.

Why MT4 is The Best Platform iPad

In the online trading market there are many softwares available around the internet. But among the top platforms the Best Platform iPad is the MetaTrader 4 Platform Software, it is the best trading software because of following reasons:

Low Bandwidth Internet Connection Requirement

Not everyone can afford the best online internet connection, the T1, the satellite, ADSL or Fiber Optic internet connection: furthermore, these aren't freely available to some residential areas & might be limited to office buildings. This is why it's best to choose a platform which requires the minimum bandwidth, the MT4 software. Even with the best internet connection, sometimes the internet connection might not be available and you may need to use an alternative connectivity like the dial up or modem. MT4 is the least expensive if you are on a modem. To even reduce further the inter-net band width usage navigate to market watch (Short-cut press CTRL+M), RightClick on any gold instrument, Choose 'Hide all', now the trading platform will only stream the price quotes for the pairs you only need & conserve your internet band-width even further. Especially when using a mobile phone or i Pad or a Tablet where you're paying for phone credit doing this can save your internet info credit. This is one of reason why the MetaTrader 4 is considered as one of the Best Platform online.

The easier it's to connect the easier it's open & close trade transactions on time.

Provided by all Online Brokers

Another reason why this platform is considered as one of the Best Platform iPad is because MetaTrader 4 is liked by most traders all brokers provide it. Once as a learns the MetaTrader 4 software there's no need to re-learn when you switch to another broker. You can still use the same MT4 of the new online broker without the need to learn a new platform all over again.

Easy Technical Analysis

Other thingthat makes this the Best Trading Software iPad is ease with which you can set up the trading analysis technical indicators on the trading charts. Even those using various web traders will do their trading analysis in the MT4 chart & then place their orders on their webtrader.

Technical analysis traders also can install custom technical indicators on this software, making it easier to add more trading analysis tools onto the software. Others also install EAs on this software so that to trade automatically with these programs known as Expert-Advisor Bots.

Best Charts

The MT4 has the Best Trading Software iPad charts representations available & implements many chart time-frames from which a investor can select.

Simplicity

Overall the simplicity of this software and the fact that any investor can learn how to use MetaTrader 4 within one hour makes this the Best Platform iPad for new and experienced traders.

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