Searching high and low for the best forex trading app? MetaTrader 4 (MT4) could be the solution you’ve been waiting for. With thousands of add-on market indicators and trading robots to install, this platform is widely used by professional and amateur forex traders alike. In this MetaTrader 4 review, we’ll explain why MT4 is a great way to trade on forex, futures, CFD, and plenty of other markets. While the MetaTrader 4 software can be used in demo mode for free, live accounts require you to go through a licensed third-party broker.

Like many of the best forex trading apps, MetaTrader 4 allows you to perform trades through instant execution, by request, or according to market triggers. Beyond this, you’ll find plenty of niche and interesting features that help MT4 to stand out from the crowd. Expert Advisors are one example of that. These are proprietary programs created in the MQL4 language that can help you to automate trading. Because Expert Advisors are designed by third parties, their quality and cost vary, but used correctly they can have a massive impact on your portfolio. Another important aspect of the MT4 platform is its insane level of customizability. Thanks to an unlimited number of charts, you can create an interface that fits with your precise trading preferences. It’s even possible to set up custom audio alert trading signals to inform you when it's time to copy a deal. Experienced traders are drawn to the MT4 platform by its advanced analytics toolset. When you initially install the program, you’ll be able to forecast price dynamics with 30 built-in indicators. After you’re set up, you can install almost 3,000 additional free and paid indicators.