Platform

The best trusted platform software is the MetaTrader 4 platform. This stock index software is one of the most common stock platform that's used almost by every other trader as well as almost every online broker.

In this learn MT4 platform tutorial we shall explain the MT4 Interface so that beginner traders wanting to start learning this charting software, can then start from the tutorial.

Best Online Stock Software - Meta Trader 4 Workspace - Stock Indices Trusted Platforms

From the above screenshot of the this stock platform MT4 software there are several toolbars as well as chart windows.

You can download this online platform from your broker's website. Now after you download stock platform, then you will need to learn one or 2 things about this stock index software:

The first thing is how to setup this stock index software after you download. For example if you download the MetaTrader 4 software, you'll need to go to a broker first, register for a practice account then after you register for a demo account you'll be provided with a link where to download MetaTrader 4 software.

Now once you download this platform, assuming you don't know much about Desktop computers, Open your Browser >>> Go to tools on top left corner of your browser next to the 'file', 'edit', 'view' menus click on tools, select download folder place, (shortcut: once you open your browser click CTRL+J or CTRL+Y), a download pop up will pop-up with links to downloaded items. Select the software that you've just downloaded.

Installing MT4

To setup this software after you have downloaded, open the download from where you downloaded, from there an installation pop up wizard pops up and all you have to do is to follow the setup instructions. After set up the platform will run automatically just like any other software. Read tutorial How to install MetaTrader 4 software.

You can open the MT4 platform from the start menu>>> Programs or from desktop shortcut that appears as a desk-top icon marked MetaTrader 4 after installation.

Demo Account Signup & Log-in

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

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

Stock Software Menu Bar and Tool-Bars

Menu Bar in MT4 for Navigating within the Software

Menu bar is used to operate and navigate this platform from one single panel. From this panel you can set how to view tool bars, chart, data window and even use the file tab to open a stock trading account - and also sign-in to your platform account.

Form the menu bar you can click on the view tab & choose toolbars like in the above pictured image, these menu bars can be used to set up stock trading platform stock charts, indicators, time frames, and others things like drawing stock trend lines and Fibonacci retracement zones and Fibonacci expansions. To learn how to customize this stock platform software navigate to this MT4 Stock Software Tutorial Section.

Now that we have looked at the tool bar and menu bar, we shall look at the main work space inter-face of the MetaTrader 4 platform.

Best Online Stock Software - Meta Trader 4 Stock Software

Market Watch window - This window panel is used to show a stream of the exchange rates that's obtained from your stock broker. In this market watch window you can right-click anywhere on this panel to select show all stock indices instruments or hide the ones you're not interested in & save some bandwidth at the same time. No need to have prices for 50 stock indices instruments if you are only interested 4 stock indices instruments.

Data Window - Used to setup Indicators, Expert-Advisors and scripts, you can click on any of this menu sub items and expand/collapse the indicators or Expert-Advisors used for automated trading.

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

Charts Tab - Navigation from one stock indices instrument to another is easy, just flip through the charts tab as revealed above.

Terminal - This window panel is used to display a statement of your trades, profits & loses that you have made in your live account or demo stock account. To enlarge this window and view the open trades, just hover the mouse on terminal toolbar until the cursor pointer changes, click & hold down the mouse button key & then move cursor pointer upwards.

Connection bars - These are used to show the connection to the internet, red bars means no internet connection, green bars explain there's internet connection.

Exchange Rates Graph - this portrays the exchange rates for the instruments that you are trading so as to display if the exchange rate is going upward or downwards.

Why MT4 is Best Software

In the online stock market there are many platforms available around the internet. But among the top stock index softwares best stock index software is the MT4 platform, it is the best Stock software because of the following reasons:

Low Bandwidth Connection Requirement

Not everyone can afford the best internet connection, the T1, the satellite, ADSL or Fiber internet connection: furthermore, these are not freely available to some residential areas & may be limited to office buildings. This is why it is best to select a stock platform which requires the minimum band width, MT4 platform. Even with the best connection, sometimes the connection might not be available and you might need to use an alternative connection like the dial up or modem. MetaTrader 4 platform is the least expensive if you're on a modem. To even reduce further the internet band width usage navigate to market watch (Shortcut press CTRL+M), Right Click on any stock indices instrument, Select 'Hide all', now the platform will only stream the price quotes for the pairs you only need and conserve your band width even further. Especially when using a phone or i Pad or a Tablet where you are paying for phone credit this can save your credit. This is one of the reason why the MetaTrader 4 platform is considered as one of the best stock platforms online.

The easier it is to connect the easier it is open & close trades on time.

Provided by all Brokers

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

Easy Analysis

The other thing that makes this the best stock index software is the ease with which you can set up the analysis indicators on the charts. Even those using various web traders will do their analysis in the MetaTrader 4 platform and then place their orders on their web trader.

Technical traders can also setup custom indicators on this software, making it easier to add more analysis tools onto this stock index software. Others also install automated Expert Advisors on this stock index software so as to trade automatically with these programs known as automated EA Robots.

Best Charts

The MT4 has the best stock platform charts representations available & implements many chart time frames from which a can choose.

Simplicity

Overall the simplicity of this stock platform software & the fact that any investor can learn how to use MetaTrader 4 platform within one hour makes this the best software for new and experienced stock traders.

According to stock index software reviews of the top stock index softwares Meta Trader 4 is the best stock platform - Stock Indices Trusted Platforms MetaTrader 4 Platforms. Therefore, stock traders looking for what is the best stock index software can start trading with the MetaTrader 4 platform - Stock Indices Trusted Platforms - as it is the best stock platform software and it's very easy to learn.