After several significant improvements and three years of hard work, MetaQuotes Software finally released MetaTrader 4. From onwards, a large number of online brokers adopted MT4 as either their main trading platform or at least an alternative.

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Because of its flexible interface, many brokers developed MT4 plugins or add-ons to recreate a unique trading environment, backed by a state-of-the-art software architecture. As it will be seen later on, the success of the MT4 platform depends on a large variety of factors. They include the access to a thrilling market of financial software developers, a fully customizable trading interface and advanced data analysis tools.

MetaTrader Features Guide

As you will be able to see on this screenshot, the MT4 and MT5 platforms are composed of a few basic elements:. By mastering these five building blocks, you will easily be able to start trading on MT4 and MT5. However, these two platforms have a lot more to offer;.

Many traders simply cannot work without MT4 and MT5 because of their advanced data visualisation features. MT4 is the most popular FX trading platform in the world!

Why not use its advantages for Binary Options Trading as well? The Metatrader 4 platform is the most popular platform in the world of Forex Trading. However, it is expensive to adapt and maintain it for Binary Options brokers. Additionally, the MT4 is more appealing to experienced Binary Options traders, who are less likely to lose money. Therefore, since most Binary Brokers are looking for quick profits, they prioritize on inexperienced traders and would rather spend their money on advertisements instead of the platform favored by professionals.

What I really like about trading binary options in MT4 is the fact that I receive all of my signals in this platform already. You can see this in the example below. What I really like about this, is that I can receive the trades and placed the trades in the exact same place. This makes it easier for me to analyze the charts and do basic price action to ensure that the trade signal is worth trading.

All I do is this, when I receive a signal, I right-click on the chart, select trading and then select a new order.

MetaTrader 4: What is it – and how can it benefit traders?

Then, you will see that this pops up a very simple binary options trade window. Here you will see all the important binary options aspects you are used to. Such as, the pair that you are trading, the investment you want to make for that trade, the expiry time, the pain win payout percentage and the trade return. Once you open the trade, it will use the meta-trader 4 prices to determine the outcome of that trade.

I feel like this separation alone is worth giving it a shot.

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Another major benefit of trading binary options in meta-trader 4, is how easy it is for you to paper trade. You can open a new MT4 demo in the matter of minutes, without ever having to fill out any real information. This makes the process fast, and gives you the opportunity to trade without any risk at all.



Trading binary options in this manner, can help you develop new strategies and become a lot more comfortable with taking calculated risk. Another reason why trading binary options in MT4 is effective, is because it allows for results tracking. You can use tools like Myfxbook to keep track of all your trades and even share them with the community.

link mt4 with binary options using mt2trading

There are many benefits to trading binary options on the MetaTrader 4 platform. What do you think about this concept?