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MetaTrader 4 Review Scores

Overall score: 3.5 / 5

Total votes: 186
Ease of use
1 - Worst 5 - Best

MetaTrader 4 Discussion

Sep 11 2021 at 19:46
10 posts
MT4 has got millions of retail traders among its clients. This is a real dinasour of a forex-trading in many senses and it opened the gates to financial markets to many of us, which we are all grateful for, no doubt. I understand why so many people still use it.
Nevertheless, I wish more people tried some alternative solutions, i.e Ctrader. In terms of functionality both platforms offer excellent sets of tools and technically they are close to perfection.
However, there is a point worth mentioning.
I really like the motto of Ctrader, which says the company stands on traders' side. I can see that by how the transparency of orders executions is guaranteed here. If the broker manually edits the order, the trader will be able to know that and there is no way to hide this for any broker that supports Ctrader. That's why I wish MT has a closer look at the problem similarly to its competitor and took some actions to guarantee fair executions and safe environment for retail clients.

wois25 (wois25)
Apr 20 2021 at 09:30
14 posts
Christian Paul (8christianpaul8)
Jan 05 2021 at 05:03
112 posts
@JonasWesstrom why you say? Say that to all of the millions of users. It's simple enough. It executes your trades without any problem. EA trading is also the good. You don't need any other fancy platform to trade. The built-ins are already good enough.

Trading is a marathon, not a sprint.
Jonas Wesstrom (JonasWesstrom)
Oct 31 2020 at 22:20
3 posts
I dont know why anybody would use this. Ctrader is superior in every way.

May 12 2020 at 08:23
6 posts
Meta Trader 4 is the most basic platform supporting all the major indicators. I started trading without any training and MT4 helped me to learn most of the things on my own. I like it for its simplicity in working.

tinito83 (tinito83)
Feb 21 2020 at 22:27
9 posts
MT4 is best platform and I will definitely not change it for MT5

riem3 (riem3)
Jan 03 2020 at 16:11
5 posts
Always my favorite platform will be MT4, I hope MetaQuotes never turns it off😁

Dec 19 2019 at 00:41
2 posts
FXCM and other brokers who offer this platform and find themselves losing in USA courts. They cheat the customer, they hide information and data that is not even visible by the customer. I programmed over a decade in MT4. What a waste of time - due to dishonesty. It is made to make the customer lose. I had my broker call me once on a real trade and told me that the price was in fact something else - they offered me some of money that I lost back - however I always lost. And I am a very experienced programmer.

Arwios28 (Arwios28)
Aug 13 2019 at 10:36
4 posts
My favorite platform and I hope it will always be active:)

Vincent Wong (Roundtable)
Jan 02 2019 at 12:41
1 posts
Honestly, MT4 may not be perfect but we don't much choice. Besides, it is supported by almost any broker and thus convenient for trader who wants to change from one broker to another without having the headache to rewrite the EA again. I personally like the FXCM TSII platform but the as a broker FXCM is no longer popular especially after they are banned by the US Authority to operate in the United States.

Sandile Sithole (bhiza)
Jun 16 2017 at 06:29
4 posts
Simply the best in my books😳

Mar 21 2017 at 07:35
16 posts
MT4 is not easy to use for the beginner but once you get used to it then it is OK. Obviously the ability to write and use EAs is the main draw

Torsten (tormess)
Dec 01 2016 at 11:08
52 posts
I use MT4 only and I am happy with it. Not the easiest one to learn from the very beginning but once you get a good understanding, it becomes natural. No issues with my broker also on MT4. I like the diversity of the tools and indicators built and available for MT4.

Nov 15 2016 at 13:41
45 posts
When it comes to forex trading, MT4 is my favourite choice! A top-notch platform.

Richard Bills (RichardBills)
Nov 01 2016 at 07:32
74 posts
This is the platform that I first used and kind of got a good grip of. It can slow your PC if overloaded with charts and indicators, but otherwise it is quite strong. No wonder why it is among the most popular in the world! 😄 Also it is supported by many brokers which gives you flexibility when testing.

Mario (leopoldo)
Oct 27 2016 at 08:50
41 posts
good platform, overall, no major issues, sometimes load not fast if open many charts. maybe this is normal.

Raj (RPatell)
Oct 25 2016 at 08:53
64 posts
VickyJones posted:
Disnalevel posted:
me, I don't like mt4 platform, its too amateur, I just don't like the platform.

what do you mean with it's too amateur? Which platform is more professional for you?

Good question 😄

Knowledge is king!
Oct 25 2016 at 06:39
45 posts
Disnalevel posted:
me, I don't like mt4 platform, its too amateur, I just don't like the platform.

what do you mean with it's too amateur? Which platform is more professional for you?

Raj (RPatell)
Oct 23 2016 at 06:26
64 posts
I really like that there is plenty of indicators built up as well as extensions that facilitate your trading style. 😄

Knowledge is king!
Cuong Truong (Cryptocurrency)
Aug 25 2016 at 03:25
178 posts
Metatrader 4 is the best trading platform for Forex.

I trade Forex using my Bollinger Trend PRO mt4 indicator.
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