Metatrader 4 is a trading software developed for currency brokers and financial traders who want to invest in the forex market. It is definitely the best software you can use to make money by exchanging currencies. I would say that its abbreviated name is MT4. Moreover it is more widely known by this short name. When you download the original installation file you can connect it to any online forex platform of your chosen broker company. However you can also consider its different versions. The best part is that it can be installed completely free of charge on devices running Windows Mac iOS and Android operating systems.
Metatrader 5 on the other hand is an upgraded version of the interface of the previous program. Here it is much easier to use as the buttons are designed to be larger. It provides a much more secure platform connection especially since it is used on computers with 64-bit operating systems. Version 5 also has more features than version 4. The most important feature is faster online connection to multiple trading platforms at the same time. Here we have provided a link for you to download the latest installation file from the official website. Click on the PC download option to use the program on your desktop computer or visit an APK or iOS download link to install it on your smartphone.
You can see the MT4 preferences of the top 100 brokers who have traded forex from various countries around the world in the link below.
Downloads
Free Download MT4 |
metatrader 4 |
MT4 Free Download |
File: :mt4setup |
License: Free |
O.S: Windows 7/8/10/11/XP/Vista |
Language: English (and all languages) |
Version: 2022 (5.0.0.3035) |
File size: 1.26 MB |
PC |
Software Developer: MQL4 |
Release Date: 09.12.2022 |
Author ratio: 95.7 |
Free Download MT5 |
metatrader 5 |
MT5 Free Download |
File: :mt5setup |
License: Free |
O.S: Windows 7/8/10/11/XP/Vista |
Language: English (and all languages) |
Version: 2022 (5.0.0.3440) |
File size: 3.24 MB |
PC |
Software Developer: MQL5 |
Release Date: 09.17.2022 |
Author ratio: 99.7 |
What is the difference between software 4 and 5? Which version should I choose?
Some traders like to use new software. Since Metatrader 5 is the latest version brokers prefer to use it the most. The main software difference between version 4 and 5 is the change in the programming language. MT5 uses the MQL5 database while MT4 uses the MQL4 database so switching from one version to another is not preferable in terms of transferring saved data.
On the other hand users who use version 4 and add new tools to it cannot integrate the software with version 5. Therefore they continue to use the old version. This is why this program is still the most widely used forex software in the world. The other is preferred by users who are new to the system or new to trading.
Hotforex
Hotforex offers a version of Metatrader 4 for forex trading through its own server. Users who want to make a deposit should download the latest version of their program from the official website. This is because they allow you to download three different versions for Windows Mac and Linux operating systems. In addition they make it easy for their members from any country who want to use the program by offering a multi-language feature.
It provides a news feed so that you can be instantly informed of developments on its platform. It allows you to make better analyzes by showing charts of all currency types separately. For those who are familiar with the use of this software the platform has a familiar interface. This way you will not need additional training to use it. The installation file developed for Mac and Windows operating systems is identical. You can install it on two different operating systems with a single file.
XM Forex
It makes its trades using its own broker. Members must therefore use the Metatrader 4 software developed by them. XM provides an interface that allows you to download MT4 which helps you keep a close eye on the market. You can open a forex account through this platform and use this software on your computers or mobile phones. You are given two options: one is version 4 and the other is version 5. However Metatrader 4 is quite popular among forex market users. That is why XM offers 4 different download options.
You can also open micro lot accounts and track forex lots. More than 700 features have been added to the program’s interface to allow you to use a wide range of trading tools. Charts are available to see stock indices and CFD movements in real time.
Pros
- Easily connects to trading platforms.
- Displays all chart analysis in real time.
Cons
- It’s the same software we know. (Interface unchanged)
- There is nothing negative about the highly effective MT4 and MT5 apps.
Author’s evaluation:
An application with great performance that allows me to easily use traders’ windows developed for their platforms. I recommend downloading and using it.