Metatrader is an online forex trading platform, software designed to give private traders access to financial markets and speculation. Metatrader Singapore is one of the best online trading platform used by Singaporean traders and investors.
The Metatrader software was developed by MetaQuotes Software in 2005. It was a quick success as it even reached the fifth version of MetaTrader. Nevertheless, among users MetaTrader 4 remains the most popular version. The software allows trading on the major financial markets in Forex, CFDs (Contracts for Difference), indices, cryptocurrencies and commodities.
In addition, it is also popular because of the possibility to customize the platform according to your trading preferences. So you can also use the platform to make your trading more automated by using algorithms that open and close trades for you based on certain parameters.
Best Metatrader Singapore Brokers
Metatrader 4 features includes ease of use, the variety of tools it offers, both from an informative point of view (charts and other analysis options) and from an operational point of view. In addition, the widespread use of the MetaTrader 4 platform is also thanks to brokers, i.e. the main intermediaries in the financial markets, who give their clients the opportunity to use this platform as an alternative to using their own platform
MetaTrader 4 is still the most popular and best software for people who want to trade quickly and in real time. There are a lot of different products on the Forex market that allow people to do specific trading. As a matter of fact, the program does not use up a lot of space on the computer and it doesn’t need a lot of space or resources to work.
How to use Metatrader 4
Make sure you have an account and choose a broker who will act as an intermediary between the markets and the platform. For example, FP Markets and Vantage Markets are two of the most commonly used brokers, but they aren’t the only ones.
The inside of the platform, then, can be called a simple interface for traders to work with. There are charts, indicators, drop-down menus, and colors that can be chosen by the user to make the interface look the way they want. All the securities that the chosen broker allows the trader to work in the financial market are available.
Advantages of MT4
The Metatrader 4 platform offers plenty of advantages to traders such as:
- Very fast order execution
- Large selection of financial instruments and indicators
- Almost every online broker offers MetaTrader 4 for free
- The MetaTrader 4 is already optimally preset after the download
Whether you are an experienced trader or a beginner , you want to understand and master the world’s most popular trading platform, MetaTrader 5. Our comprehensive guide for MetaTrader 5 covers every detail you need to know to trade successfully. We’ll start with the basics and then work our way up to the more advanced features.
How to use Matatrader 5
Whether you want to start the download on a desktop computer or mobile device, the best MetaTrader 5 brokers will provide you with the version you want: Android, iOS, Mac or Windows. Choose the best MetaTrader Singapore above from brokers to start using MetaTrader 5 today.
Advantages of MT5
Although the MT4 is the most popular trading platform in the world next to the MT5, the MetaTrader 5 offers some advantages:
- New customizable time and measurement units available
- Simpler, more user-friendly and improved interface
- An economic calendar integrated into the platform
- The history of the market (similar to an order book)
- A brief history of automated orders that can be viewed directly on an index chart
MetaTrader 5 also has performance and optimization advantages over version 4:
- Faster, more stable connection to servers
- Faster and more accurate order execution
- Greater platform stability
- Available on PC, Mac OS and iOS, Android and in all supported browsers