MetaTrader 4 iPhone App Review
MetaTrader 4 is one of the most used forex trading apps in the world. It is a one-stop destination for trading Forex, analyzing financial markets and using expert advisors. Apart from offering real time trading from the iPhone, it also boasts real-time zooming and scrolling of charts. It is a free app.
Features
To start with, you got to create a user account, and login using your username/password. If you tap the servers screen and search for a brokerage server name, it returns the desired results. There are about hundreds of brokers and thousands of servers that uses MetaTrader 4 trading platform at present. With the aid of the app, you can control your trading account, trade in financial markets, and use 30 technical indicators for market analysis, as well as get financial news and emails regularly. MetaTrader 4 iPhone app allows you to have multiple live and demo accounts. You can access your accounts in ‘Accounts’ under ‘Settings’ tab. Simply swipe from side to side on an account to delete it. The Quote section features the tradable symbols. For each symbol you will also see the associated Bid and Ask prices. More details can be found under Advanced section. Further, clicking on the currency icon brings up Trade option. Under Trading, you got real-time quotes of financial instruments, full set of trade orders, including pending orders, as well as complete trading history.
Advanced functionalities include high performance charts, customizable chart color scheme, ability to configure properties of graphical objects and indicators, information window that displays orders, trading history, news, and logs, and sound notifications. The mailbox section permits traders to communicate with a broker’s representatives over a secure channel. MetaTrader 4 for iPhone also provides 30 most popular technical indicators, 24 analytical objects including lines, channels, geometric shapes, as well as Gann, Fibonacci and Elliott tools, three types of charts and nine time frames. The app is found to be stable and responsive as well.
Conclusion
MetaTrader 4 iPhone app is a popular Forex trading platform that allows traders to choose from hundreds of brokers and thousands of servers to trade with. Using the app features, users can control their accounts, trade and analyze the Forex market using technical indicators and graphical objects. The mailbox section provides for secure communication with the broker’s representatives. Multiple charts give you a better perspective of the dynamic figures. The UI is easy to use. The app is also stable. Overall, a well round trading app suitable for experienced as well as budding traders out there.
Category: Free iPhone Apps
