Meta Trader 4 – Online Forex Trading Platform
Meta Trader 4 is an online trading complex designed to provide broker services to customers at forex, futures and CFD markets. This is a whole-cycle complex, which means that the trader will not need any other software to organize his/her broker services when using Meta Trader 4. The platform includes all necessary components for brokerage services via internet including the back office and dealing desk. Currently, over 250 brokerage companies and banks worldwide have chosen this solution to meet their high standards of business performance.
The different functions and options of this system, allow great flexibility in trading. The MetaQuotes Language 4 allows users to incorporate their own strategies through the Expert Advisors, enabling the markets to be monitored automatically so not requiring constant supervision. The standard list of technical indicators may be expanded with the opportunity to add custom indicators as needed, and real time demos are accessible through more than 35 brokerages free of charge.
Meta Trader 4 attempts to supply the sufficient information and tools in order to make the Forex traders’ decisions more appropriate and easy. The program has a simple and user friendly interface that allows traders to monitor their transactions and their account as well as performing technical analysis and develop Forex trading strategies of their own. In addition, the platform provides continuous real-time information and sophisticated technical analysis tools.
The cost of Meta Trader 4 is substantially lower than the alternative cost of creating a similar product, and is therefore a viable financial proposition to most financial institutions. Installation of the system into the full operational mode will take no more than one day, therefore saving a considerable amount of time for end users.
MetaTrader 4 is a premier business solution for broker companies, banks, financial companies, and dealing centers. In addition to the points discussed above, the main advantages of the system are:
1. Coverage of financial markets
- The trading platform MetaTrader 4 covers all brokerage and trading activities at Forex, Futures and CFD markets.
2. Multicurrency basis:
- The system is designed on a multicurrency basis. It means that any currency can serve as a general currency used in the operation of the whole complex in any country and with any national currency.
3. Economy and productivity:
- Implemented data transfer and processing protocols are notable for their economy. It makes it possible to support several thousands of traders through a single server with the following configuration: Pentium 4 2 GHz, 512 DDR RAM, 80 GB HDD. New protocols reduce both the demands on datalink and their operational cost.
- In the case of damage to the historical data, the complex has backup and restoration systems. Also, the implemented synchronization allows to restore damaged historical databases within several minutes with the help of another MetaTrader 4 server.
- To provide safety, all the information exchanged between parts of the complex is encrypted by 128-bit keys. Such solution guarantees safekeeping of information transferred and leaves no chance for a third person to use it. A built-in DDoS-attacks guard system raises the stability of operation of the server and the system as a whole.
A new scheme of system working operation was created especially for DDoS-attacks resistance. With its help, you can hide the real IP-address of the server behind a number of access points (Data Centers). Data Centers also have a built-in DoS-attacks protection system; they can recognize and block such attacks. During distributed attacks at the system, only Data Centers are attacked; MetaTrader 4 Server continues its operation in regular mode. Thus, Data Centers increase the system’s stability to DoS and DDoS attacks.
The implemented mechanisms of rights sharing make it possible to organize the security system with more effectiveness and to reduce the probability of ill-intentioned actions of company staff.
6. Multilingual support:
- MetaTrader 4 supports different languages, and a MultiLanguage Pack program is included into distributive packages. It provides translation of all program interfaces into any language. With the help of MultiLanguage Pack you can easily create any language and integrate it into the program. This feature of the system will bring MetaTrader 4 nearer to end-users in any country of the world.
7. Application Program Interfaces:
- MetaTrader 4 Server API makes it possible to customize the work of platform to meet your requirements. API can solve a wide range of problems:
– creating additional analyzers for finding a trend of monthly increase of traders;
– creating applications of integration into other systems;
– extending the functionality of the server;
– implementing its own system work control mechanisms;
– and do much more.
8. Integration with web-services:
- To provide traders with services of higher quality, the system supports the integration with web services (www, wap). This feature allows real-time publishing of quotations and charts on your site, dynamic tables containing contest results and much more.
9. Flexibility of the system:
- The platform possesses a wide range of customizable functions. You can set all parameters, from trade session time to detailed properties of financial instruments of each user groups.
- Subadministration mechanisms allow leading many Introducing Brokers on one server quite easily. For processing all accounts and orders of the clients of your IBs, you will need one server only.
Overall, the newly released Meta Trader 4 platform is equipped to address a full range of account management needs and serves as a user-friendly front-end trading interface for dealings in the Forex, CFD, and futures markets.