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MetaTrader

MetaTrader is a software product of a Russian company MetaQuotes Software Corporation, developed in 2002 to provide trading operations’ and technical analysis’ conduct in real time mode. MetaTrader is accessible for working with CFDs and futures at Forex.


The only operating system which supports MetaTrader is Windows. One of the key special features of MetaTrader is its independence from a Forex broker, who can offer his own version, though the program part always remains under MetaQuotes Software Corporation control.


MetaTrader is famous for its wide possibilities for technical analysis, advisors’ support and is free of charge for the end users. There are varieties of this program for a simultaneous usage of several accounts (MetaTrader MultiTerminal), and also a mobile version of the trading terminal, supporting Windows Mobile. From the part of the broker the platform consists of a few components: MetaTrader 4 Server, MetaTrader 4 Administrator, MetaTrader 4 Manager, and MetaTrader 4 Data Center.


MetaTrader includes an extensible set of technical instruments of trade management and visualization, as well as supports new trading strategies’ development. Such broad capacities are due to an own expert advisors’, indicators’ and sсripts’ programming system.


The apparent advantage of MetaTrader is its intelligibility for a beginning trader and low system requirements for PCs (though, using many charts a 2 Gb on-line storage is recommended).


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