Awards

Apr 13 2010

MetaTrader 4

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Product Overview

Trading forex successfully requires tools that give a trader an edge.  Interbank fx gives you Meta Trader 4 (MT4), an online trading platform for professional and retail traders that provides those necessary tools in a fast, efficient, reliable, and straightforward platform.

 

There are reasons MT4 is, arguably, the most popular forex trading platform.  True, it offers attractive “bells and whistles,” but these features are more than lipstick and rouge.  The beauty of MT4 is its functionality, and the so-called bells and whistles are integral to its superior functionality.  The software provides multiple technical analysis tools, a variety of easy-to-manipulate charts and time-periods, customizable indicators, and automated trading combined with alerts for pre-determining trading conditions.  One of the more interesting and helpful tools is the open-source, programmable, “Expert Advisor” section, which keeps traders abreast of  market conditions specific to the “expert” indicator chosen.  The support provided for multiple languages in MT4 almost seems like overkill.

 

The drag, drop, and manipulate ability of MT4 is most impressive for charting.  Double clicking opens a chart, and dragging your currency pair onto the chart updates it, while tapping the plus or minus key on your keyboard zooms in or zooms out.  Press the end key and the chart immediately moves to the latest candles.  Press the home key and the chart jumps to oldest candles.  Pressing and holding the home key will update the chart with the most current available data. These are but a few examples of manipulating charts about in MT4.  

 

The above examples, and more “Tips and Tricks,” are found in the extensive tutorials section of the Interbank fx website.  Provided as well in the Education section are an overview of forex trading, multiple forex trading strategies, and excellent primers on utilizing fundamental and technical analysis for forex trading. 

Additional Features

  • Superior functionality
  • Programmable Expert Advisor
  • Customizable charting
  • Excellent tutorials
  • Fast order execution
  • Multiple language support

Requirements: 

Windows 2000 / XP / Vista
2 .0 GHz or faster CPU
512 MB RAM (1GB recommended)
Screen resolution 1024x768 or higher
Modem/connection speed 36.6 Kbps or faster
Internet Explorer version 7.0 / Mozilla FireFox 2.0 or later
Interbank FX Trader 4 is not compatible with Apple operating systems

Conclusion

Innovation is the key to advancing technologies, and advancing technology in today’s forex market is the lifeblood of successful trading.  Interbank fx and MT4 are at the top of the innovative game, which means that you, the forex trader, get the sharpest edge available, and it just does not get any more advantageous than this.



Tags: star-awards | review | brokerage | forex
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