MT4 Forex Software Platforms
MT4 Forex Platform Tutorial - MT4 Software Guide
To learn about the forex trading platform provided by a broker a beginner will require a learn forex platform tutorial like this one that will explain the basics of how to use the trading platform software provided by their broker.
The most popular forex trading software is MT4 platform (MetaTrader 4). MT4 platform is easy to use, charts are well presented and the forex trading software has multiple technical analysis tools for a trader to choose from. This is why the MT4 Platform is the best Forex platform - Platforms versions include MetaTrader 4 for Windows PC, Mac Book PC, Android, iPhone and iPad.
The Forex trading platform also known as a Forex trading software. The platform displays charts on the computer screen: the charts show the current buy & sell prices of the various currency pairs. The Forex platform helps you keep track of your funds & how the currency pair which you bought or sold is doing.
The forex platform example below shows the Trading Interface of the Forex Platforms for Windows PC used to draw charts, stream forex currency quotes and place trade orders with your selected online Forex broker.
Trading Softwares for Windows - MetaTrader 4 Online Forex Platform
MetaTrader 4 Forex Software Platform - What is a Platform?
The easiest Forex platform to use in trading is the MetaTrader 4 platform, also known as MT4 platform. MT4 Platform can be downloaded from any online Forex broker.
If you are new to Forex trading platforms all you need to remember is that all computer software use same coding rules, programming rules are followed by all programmers, one of the rules used is familiarity.
So in all software take for example your browser, there is file, edit, view, history, tools and help at the top left side of your browser.
If you compare this with your Forex trading platform if you are using MetaTrader 4 platform commonly referred to as MT4 platform there is file, view, insert, charts, tools and help.
MetaTrader 4 Forex Platform Navigation Menu
MetaTrader 4 Platform - MetaTrader 4 Navigation Menu
Under file menu on MetaTrader 4 you can open charts for the currency pair you want to trade, you can open a account, or login to a forex account and so on.
- Use the 'New Chart' button key to open a forex chart
- Use the "Open an Account" button key to open a trading account
- Use the 'Login' button to login to an account
How to Open a Forex Account on MetaTrader 4 Platform
Under view menu you can open the MT4 navigator to view your trading account number details plus indicators. To use the indicators just double click them and click okay. The indicators will automatically be placed on the price chart.
Still under view you can click 'terminal' to view open trades.
To open a trade right click inside the chart, click trading select new order the you can choose to "buy" or "sell" order for that currency pair.
If anything else gets complicated just click on the help button & look for it in 'Help Topics'.
Forex MT4 platform can be downloaded from various broker web sites.
The MetaTrader 4 platform is easy to learn, as a beginner can learn this platform within minutes, this is why the MT4 platform is considered as one of the best trading platforms if not the best platform to demo practice and train with.
MT4 platform tutorials can be found on the section: MT4 Platform Tutorial Guide
