MetaTrader 4
Download (MT4)
RevoForex’s MT4 Platform is fully customisable and designed to give you that trading edge.
Why trade with RevoForex's MetaTrader 4?
- CFDs on Forex, Stock Indices, Stocks, Commodities, Bonds and Cryptocurrencies.
- Execute your order with no partial fills, as a result of our huge depth of liquidity.
- EA trading facilities by using our VPS services.
- Advanced Technical Analysis, 50+ Indicators and customisable charting… In 39 languages.
- Trading Signals with an advanced notification system.
What is a Forex Trading Platform?
When you’re about to embark on your trading journey you’ll likely ask yourself ‘what is a forex trading platform? Quite simply, it’s a software interface that your broker will provide to enable you to access the financial markets.
There’s actually a variety of different forex trading platforms and forex apps. They can be online, web-based, a standalone downloadable program or a combination of the three.
In some cases you’ll see that a broker offers you’re their own in-house fx trading platform. However, almost all brokers will give you the option to trade with the MT4, which is a forex trading software program used across the globe.
Standard forex trading platforms will provide you, as a user, access to charting capabilities with live market prices, which you’ll need to trade! Now, it’s important to mention that choosing a trading platform should always come down to your prefences as a trader. Most people use the MT4 because it has been tailored specifically to suit trader needs. But, you may choose your trading software based on the types of analysis you want to conduct, the volume or duration of your trades or even what kind of device you’ll be trading on!
There’s actually a variety of different forex trading platforms and forex apps. They can be online, web-based, a standalone downloadable program or a combination of the three.
In some cases you’ll see that a broker offers you’re their own in-house fx trading platform. However, almost all brokers will give you the option to trade with the MT4, which is a forex trading software program used across the globe.
Standard forex trading platforms will provide you, as a user, access to charting capabilities with live market prices, which you’ll need to trade! Now, it’s important to mention that choosing a trading platform should always come down to your prefences as a trader. Most people use the MT4 because it has been tailored specifically to suit trader needs. But, you may choose your trading software based on the types of analysis you want to conduct, the volume or duration of your trades or even what kind of device you’ll be trading on!
Trading with the MT4:
Benefits and Functionality
MT4 trading comes with a huge range of benefits for retail traders. With extensive functionality available the benefits trickle into almost every aspect of trading.
In this section we’re going to be looking into some of the benefits that you’ll encounter while trading on the MT4:
In this section we’re going to be looking into some of the benefits that you’ll encounter while trading on the MT4:
01
User-Friendly
One of MT4’s main features is its user-friendly interface. With a simple and easy download process it’s easy to begin MT4 trading in just a few clicks. You’re also able to find a wealth of information online as it stands as one of the most popular trading platforms available today.
02
Language Capabilities
A key factor of the success of the platform is that it can be used by anyone in the world. What makes this all possible is the multi-language capabilities available for traders to engage in MT4 trading in their native language.
03
Instruments
Thanks to the dynamic evolution of the platform, different instruments are added by brokers daily. Retail traders now have access to a huge range of CFDs ranging from Forex and Indices to Cryptocurrencies and Stocks on the trading platform. Although it is down to your broker to decide which instruments they’d prefer to offer to their clients, the trading platform is so versatile that adding new instruments is simple and straightforward; meaning you’re likely to have a wide range available.
04
Slippage
One of the classic issues that traders encounter. While trading, you’ll likely encounter or even recall where you’ve decided to exit or enter a trade at a certain price however, the market moves during the time it takes to execute the order itself. So, that’ll result in you not receiving your desired entrance or exit point. Although this can be both negative and positive, the MT 4 can reduce the slippage that you’d encounter using a different trading platform! Thanks to its sensational stability and super-fast execution you actually get reduced slippage when compared to other platforms.
05
One-click trading
This essentially allows you to execute a trade by literally clicking once. It’s super useful for scalpers that needs to execute many trades at speed and day-traders where once again speed is of the essence! Another huge benefit of the Metatrader 4 platform is that you have access to the MQL community where you can source programs to enable one-click or automated trading!
06
Alerts
Super important for keeping on top of your trading, the alerts enabled for use when MT4 trading allow you to simply press CTRL+T and click on the ‘Alerts’ tab. You’ll then be able to activate this feature so you can select the instrument, the sound, the bid and ask price and anything else to help you monitor your trading effectively!
07
Analysis and Tools
One of the most attractive things about the trading on MT4 is its functionality with regards to analysis. There are 30 in-built indicators which we’ll discuss in more depth later, and 24 graphical objects. Coupled with the ability to add your own custom indicators and charting tools, MT4 trading enables you to analyse the markets in a way that suits your trading strategy and style. You’ve also got a range of drawing tools at your fingertips including lines, channels, text and other visual elements. Many traders use these tools to identify key parameters for trading like support & resistance levels, entry, exit, stop-loss and take-profit points. Overall the huge range of tools available for MT4 trading enhances retail traders market analysis substantially. Additionally, traders are able to customize the appearance of the platform to their own taste or load presser templates.
08
Algorithmic Trading
Automation is no problem when MT4 trading! Design and creation, enabled by the MetaQuotes Language 4 (MQL4) allow you to not only program and install your own expert advisors but also to install your own custom indicators. As you’re also able to customize any indicator in MQL4 and then upload it onto the MT4 platform the possibilities are endless. You’re even able to buy and sell expert advisors on the Metatrader Marketplace.
09
Trading on the Go
As the trading landscape has evolved MetaQuotes became acutely aware that desktop options shouldn’t be the only option available to retail traders. With that in mind, the form developed multiple mobile platforms to ensure that you can trade and monitor your account while you’re away from your desktop! The mobile options are fully compatible with most Android and iOS mobile devices which not only give you full control of your account while on the move, but also enables you to keep up to date with evolving news and then adjust your trades accordingly.
10
Multi-Account Management
The platform also boasts tools that benefit more seasoned traders and account managers. Professional traders are able to use the platform for managing multiple accounts at one time. For example, by using the MT4 MAM, professional traders are able to execute a number of trades in different accounts simultaneously. These MAM accounts also have all of the additional account management tools that retails traders benefit from; providing a comprehensive trading solution no matter the level of experience.
11
Communication
Brokers are able to use the platform to communicate directly with their clients, ensuring no messages are lost or important information is missed. All conducted in real-time it removes the need for long email communications which overall streamlines the trading experience.
12
Low Resource Requirement
Hugely beneficial for those using complex programs or development tools, the MT4 platform itself requires very little to function at peak performance levels. It keeps disruption of your PC to a minimum ensuring that there’s no issues when you need to perform tasks at speed.
13
Security
As we move through the digital era, online security has become of utmost importance to traders. Traders need to feel secure when they’re investing and be safe from attacks on their account. MT4 trading ensure this security as the platform encrypts data between the server and the trader with a 129-bit key while also completely hiding the IP of the trader.
Benefits of Trading with MT4 brokers
As an independent platform, the simple fact that the MT4 has been adopted by most Forex brokers indicates how perfectly tailored it is to forex trading. This in itself is a huge benefit to forex traders across the globe as it allows them to make a seamless transfer from broker to broker should they wish to move.
If each individual broker had their own trading platform, it would be a far more daunting task to have to change brokers if you were unhappy with the services afforded to you! However, with the MT4 you can easily move to a different metatrader 4 broker without having to learn to use a whole new platform!
It’s also important to mention that with the adoption of MT4 by most brokers, you’re also able to expect a certain standard of execution. The Metatrader server should always ensure that you’ re execute trades effectively. So, should you be experiencing latency issues or speed problems then it will likely boil down to slow execution on your broker’s part as opposed to being an issue with the platform.
Following on from this reasoning, it should also come as no surprise that the platform has had exceptional investment into its functionality. As mostly all brokers have adopted the platform, it means that functionality improvement by Metatrader have had feedback from multiple places, making it the best possible platform it can be!
If each individual broker had their own trading platform, it would be a far more daunting task to have to change brokers if you were unhappy with the services afforded to you! However, with the MT4 you can easily move to a different metatrader 4 broker without having to learn to use a whole new platform!
It’s also important to mention that with the adoption of MT4 by most brokers, you’re also able to expect a certain standard of execution. The Metatrader server should always ensure that you’ re execute trades effectively. So, should you be experiencing latency issues or speed problems then it will likely boil down to slow execution on your broker’s part as opposed to being an issue with the platform.
Following on from this reasoning, it should also come as no surprise that the platform has had exceptional investment into its functionality. As mostly all brokers have adopted the platform, it means that functionality improvement by Metatrader have had feedback from multiple places, making it the best possible platform it can be!
What you'll need before
Quite simply, you’ll need a device that you’ll be trading on and an internet connection! Aside from these basic criteria, before you can actually start trading on the platform, you’ll also need a trading account. However, well go into more detail about that later in our guide.
Metatrader 4 Download for Windows PCs
1. First of all, simply download the platform. A pop-up will appear asking if you’d like to run this file. As shown below, simply click 'Run'.
Your download will then begin. Once the download is complete you need to launch the installation by double-clicking the program setup.
Your download will then begin. Once the download is complete you need to launch the installation by double-clicking the program setup.
2. A new pop-up will appear with a 'Welcome to RevoForex MT4 Terminal Setup!' message. Click 'next' to be taken to the next screen.
3. You’ll see the download finish and will then be presented with a 'Congratulations! We are waiting for you' screen, as shown below. Simply click finish and your MT4 platform is ready to go.
A shortcut will be created on your computer and the program should automatically launch once you’ve clicked finish. If it doesn’t automatically launch, simply double click on the shortcut created and the MT4 terminal will open. If you experience any issues, simply click here and send us an email. We’re more than happy to help!
Metatrader 4 Download for Mac
The official MetaTrader 4 platform developed by MetaQuotesis available only for Windows and mobile devices. However, RevoForex values your comfort and is always willing to go the extra mile to provide you with the best tools for a hassle-free Forex trading experience. As the use of Apple products has sky-rocketed amongsttraders, we’vebuilt a native MetaTrader 4 Mac application to match your needs.
Whilst most brokers are just offering a plain installation guide, describing a time-consuming setup process of MT4 on Mac, RevoForex gives you the opportunity to kick-start with the world’s most popular currency trading platform. Delivered directly on your Mac, in a matter of seconds.
You’ll need to allow applications downloaded outside of the App Store, in order to successfully install the platform.
Whilst most brokers are just offering a plain installation guide, describing a time-consuming setup process of MT4 on Mac, RevoForex gives you the opportunity to kick-start with the world’s most popular currency trading platform. Delivered directly on your Mac, in a matter of seconds.
You’ll need to allow applications downloaded outside of the App Store, in order to successfully install the platform.
This is how to do it:
1. Before launching the MT4 for Mac, go to System Preferences by typing the respective command in your Spotlight search, located in the top right panel of your screen.
2. When in System Preferences, access Security & Privacy, then choose the 'General tab' and allow apps downloaded from anywhere.
3. Also, make sure to unlock the ability to make changes. You can do this by clicking on the lock in the bottom corner by typing in your username and password.
3. Also, make sure to unlock the ability to make changes. You can do this by clicking on the lock in the bottom corner by typing in your username and password.
4. The next step is to locate MT4 for Mac .dmg installer. Usually, all new downloads are placed in the Downloads folder.
Launch a .dmg installation file, and when the .dmg file is pressed, drag and drop RevoForex MT4 Mac application icon into the Applications folder. This will finalize the installation process.
Now your MetaTrader 4 is ready to be accessed from the Applications folder. You can also quickly access your brand-new trading terminal by using Spotlight and typing in 'RevoForex MT4 Mac'.
Launch a .dmg installation file, and when the .dmg file is pressed, drag and drop RevoForex MT4 Mac application icon into the Applications folder. This will finalize the installation process.
Now your MetaTrader 4 is ready to be accessed from the Applications folder. You can also quickly access your brand-new trading terminal by using Spotlight and typing in 'RevoForex MT4 Mac'.
Software Update
Our MT4 for Mac software update is done automatically. This process runs simultaneously with a regular Windows version update. After each update the terminal shuts down without any notification – simply launch the application again and continue using the updated version.
To see your current version of MetaTrader 4 software, click on the Helptab, located in the top navigation panel, and select the About option, just as you would do in the MT4 for Windows.
To see your current version of MetaTrader 4 software, click on the Helptab, located in the top navigation panel, and select the About option, just as you would do in the MT4 for Windows.
Expert Advisors for Mac
1. To install additional tools like Expert Advisors (EAs), custom indicators and scripts; open the Applications folder, right-click on the app icon and choose Show Package Contents.
2. Now you can see the entire content of the installation file. Double click on 'drive_' to get to the MetaTrader 4 structure, then go to Program Files -> MetaTrader 4 / MQL4 / Expert / Indicators, etc. and copy-paste the indicators in the respective folders.
Once this is complete, restart your MT4 for Mac and discover a new indicator in the respective MT4 EA’s panel.
Once this is complete, restart your MT4 for Mac and discover a new indicator in the respective MT4 EA’s panel.
Uninstalling Software
If you ever wish to remove the software from your computer, this is done rather simply. In fact, the process is no different from removing any other application.
1. Firstly, locate the Applications folder in Finder. This can be done either by using Spotlight or going directly to the Applications folder by clicking on the Finder icon in the Dock.
2. When in the Applications folder, find the RevoForex MT4 Mac application, right-click on it and select the option 'Move To Trash', then make a left click to confirm. After the app has been moved to trash, you can permanently delete it by navigating to the Trash and using the right click to execute the 'Empty Trash' command. Removing the application from the Trash will leave no trace of RevoForex MT4 Mac on your computer.
2. When in the Applications folder, find the RevoForex MT4 Mac application, right-click on it and select the option 'Move To Trash', then make a left click to confirm. After the app has been moved to trash, you can permanently delete it by navigating to the Trash and using the right click to execute the 'Empty Trash' command. Removing the application from the Trash will leave no trace of RevoForex MT4 Mac on your computer.
Known Bugs and Issues
Currently, there are no known issues with the RevoForex trading terminal for Mac. If you do experience any, please let us know by contacting our dedicated Support team, and we will solve it promptly.
Please note that we’ve personally tested the MT4 for Mac application and have not discovered any functionality issues that could make trading on the Mac OS terminal inferior to the Windows version. Nevertheless, trading with emulated applications is done at your own risk. We strongly suggest you first become familiar with the software functionality on a Live Tradeing account, and make sure that the application runs as intended on your computer.
Please note that we’ve personally tested the MT4 for Mac application and have not discovered any functionality issues that could make trading on the Mac OS terminal inferior to the Windows version. Nevertheless, trading with emulated applications is done at your own risk. We strongly suggest you first become familiar with the software functionality on a Live Tradeing account, and make sure that the application runs as intended on your computer.
Metatrader 4 Mobile Apps
The mobile applications that have been developed for the MT4 provide you with some of the most up-to-date functionality available to traders, directly on your mobile device. You can trade with interactive charts, a full set of trading orders, popular analytical tools and pretty much all the functionality available on the desktop version.
By using the MT4 mobile app you can monitor your account, track your trades, open and close new ones all with a single click. There’s even the functionality for you to chat with other traders and set up notifications so you don’t miss an opportunity.
Metatrader 4 for Android
Functionality has always been paramount to Metaquotes when developing their trading apps for mobile use. Their most recent updates were made to ensure that the trading experience has become even more comfortable by creating the ‘financial news line’ with only the must useful information for traders. They’ve also created a new system journal about terminal events including trade operations!
So, you’re able to trade with ease from the comfort of your android device!
So, you’re able to trade with ease from the comfort of your android device!
Metatrader 4 for iPhone (iOS)
Just like the app developed for Android use, metaquotes has created the ability for iPhone users to trade on their MT4 with ease from the devices.
You’ve still got access to all types of trading orders, 50+ tools for technical analysis, chatting with other traders and push or audio notifications on your apple device! They’re aim being to enable continuous trading, wherever you are!
You’ve still got access to all types of trading orders, 50+ tools for technical analysis, chatting with other traders and push or audio notifications on your apple device! They’re aim being to enable continuous trading, wherever you are!