What software is foreign exchange transaction MT4? What is the difference between MT4 and MT5? What should I pay attention to when downloading MT4?

MT4 What is it? ？

MT4 The full name is MetaTrader 4; It is a trading platform specially used for foreign exchange trading released by Russian midak company .MT4 It is characterized by powerful functions, clear charts and simple use ; It can load almost all available financial market technical analysis indicators on the market ; And bring it with you mql Language function ; Investors can even use mql Language to write their own programming and intelligent trading software , Be commonly called EA Quantitative system .

MT4 It is currently the most mainstream and super powerful foreign exchange trading software , Provide various functions superior to stock trading software . Basic include , Hanging list 、 Lock sheet 、 Stop loss and win automatically , And Lao Xu mentioned earlier EA Intelligent trading system . therefore MT4 It has become a necessary trading software for all foreign exchange platforms ; It can be said that , On the market 99% All the regulated formal foreign exchange platforms use MT4 Make a deal ！

MT4 and MT5 What are the differences between ？

First of all 、 Different support markets .MT4 It is specially designed for foreign exchange market transactions , Support foreign exchange gold trading ; and MT5 In addition to the foreign exchange market , It can also be used to trade futures 、 Stocks 、 Bonds and other commodity markets .

second 、 Two way single hedging function .MT4 Two way hedging of orders is supported , such as Buy1 hand ,Sell2 hand , and MT5 Two way single offset is not supported and will be directly consolidated into Sell1 hand .

Third 、 Function upgrade .MT5 In the functional 、 The time period of the interface and graphics is ahead of MT4, But it is this upgrade that seems a little cumbersome , and MT4 The function and technical analysis of are enough for an ordinary trader , How can I kill a chicken with a butcher's knife ！ So that's why MT4 Than MT5 One of the broader reasons ！

Fourth 、 Compatibility is different .MT4 The programming language of is MQL4, Its editing is faster and simpler . and MT5 The programming language of is MQL5, Therefore support MT4 Of EA Smart transactions do not support MT5, Need to rewrite .

To sum up, Lao Xu makes a summary ,MT5 Although than MT4 More powerful but not MT4 Updated version of , They are actually different in many functions and target market positioning , There is a big difference between the two . If you want to trade in the stock and Futures Markets ,MT5 It must be better than MT4 The choice of .

MT4 The reason for its high usage is that it is easier to use and manage , There are also fewer problems . The most important thing is to be able to hedge risks in both directions ！MT4 Some of the platform's flaws don't make a big difference , It runs smoothly , And many traders are already familiar with various functions and charts .

Of course ,MT4 and MT5 Which is better or worse cannot be judged by these points alone , For a large number of traders , Lao Xu still said that , Suitable trading software is the best ！

download MT4 What to pay attention to when ？

MT4 It is divided into PC Computer terminal and Mobile terminal , The mobile terminal is divided into Apple mobile phone ios edition and Android version ;

PC Download on the computer side MT4 Can be directly in The official website of midak company Upload and download , Also in each The official website of the foreign exchange platform Upload and download , There will be a download on the official website of each foreign exchange platform MT4 Link to .

Mobile phone terminal Apple phones go directly through APP store Search for MT4 You can find it . Androdendron's MT4 The installation is a little complicated ; There are many fake apps in the Android application market MT4 Software ; Unprofessional traders and the right to MT4 Unskilled . It's hard to find MT4 Download link for Android version ; If you can't find it, you can directly consult your own foreign exchange account manager , The account manager has download methods .

Most investors also choose to use MT4 As their first choice for foreign exchange transactions . But please pay attention to one point , Use MT4 The platform of trading software is not necessarily a real platform , However, regular and regulated foreign exchange platforms must support the use of MT4！ Many small foreign exchange platforms and fake foreign exchange platforms use pirated MT4 Software , As an ordinary retail investor , It is difficult to find problems with trading software .

Therefore, we must screen regular and compliant foreign exchange platforms for transactions ,MT4 Just trading software , It is a bridge between investors and the market . Choosing a good platform is the key ！

（ The above content is provided by blockchain — Written exclusively by Xu Lai , Reprint to indicate where , The point of view is for reference only ！ More in -- Blockchain Jianghu ）