What is Metatrader?

December 5, 2022

Metatrader is a trading platform developed by the Russian software company MetaQuotes Software Corp. The platform is widely used by retail forex traders and offers a range of features, including advanced charting and technical analysis tools, as well as the ability to automate trading using expert advisors.

Metatrader is available in two versions: Metatrader 4 (MT4) and Metatrader 5 (MT5). Both versions offer similar features, but MT5 includes some additional features, such as more advanced market depth and support for additional instruments, including futures and options.

Metatrader is popular among retail forex traders because it is easy to use and offers a wide range of features. The platform is also supported by a large community of developers, who have created a wide range of custom indicators, expert advisors, and other tools that can be used to enhance the trading experience.

Overall, Metatrader is a widely used trading platform that offers a range of features and tools for retail forex traders. The platform is known for its ease of use and its support for automation using expert advisors.

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