MT4 stands for MetaTrader 4, which is a popular trading platform used by forex traders worldwide. It was developed by MetaQuotes Software and was first released in 2005. MT4 offers advanced charting capabilities, technical analysis tools, and automated trading options. It is also known for its customizable interface and the ability to use Expert Advisors (EAs), which are programs that can automatically execute trades based on pre-set rules.
MT4 has become a standard platform in the forex industry due to its user-friendly interface and powerful features. It is compatible with multiple operating systems and devices, including desktop computers, smartphones, and tablets. Traders can also access a wide range of trading instruments through MT4, including forex, stocks, commodities, and cryptocurrencies.
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