Being able to use MT4 on your Android device was a real breakthrough for many online traders as the use of mobile platforms has changed the way people invest. You no longer need to use a fixed terminal to make an investment, now you can control the markets from your smartphone or tablet and make timely investments from anywhere in the world and at any time.
Metatrader 4 allows you to easily trade from almost any Android device. This excellent software is designed not only to handle orders but also to perform basic technical analysis. Let’s see what the MT4 mobile platform for Android has in store for you.
This platform has become the most popular in the world for trading in the Forex market. Hundreds of brokerage companies and thousands of servers are now available for trading and with these, you can do trading transactions and analyze the market to invest in Forex with the help of technical indicators and charts.
With MetaTrader 4 on your Android smartphone, you can do much more than trade. This simple application allows you to:
- See live forex prices
- View Graphs
- Add indicators
- Access your history of operations
- Read the market news
- Receive messages from your broker
- Customize the platform
How to install Metatrader 4 on Android
The Android operating system became revolutionary for smart devices in the same way as MetaTrader 4 for online trading technology. Now, the two are combined with MetaTrader 4 for Android, a program that allows you to access your MT4 accounts from any Android device. Start trading on your mobile phone now with MetaTrader 4 for Android.
When you launch the application, you will be asked for the following options via an interactive menu: Connect to an existing account with a forex broker and open a demo account. Both options will automatically appear in the mobile application so if you are trying to connect to your broker, simply click the “Connect to an existing account” option and then search for your broker’s name. The credentials will be the same as those used by the Metatrader platform in your computer, which, in this case, does not vary as it allows simultaneous execution from different devices and thus improving user experience.
To install Mt4 on Android, simply open Google Play Store and type Metatrader. Once you select the official MetaQuotes app, Metatrader 4, click install. Once installed, you can click the open button and then enter the data as indicated above. If you want to use the dedicated Metatrader platform of a particular broker, you can search using the name of the broker in the Play Store.
How Metatrader 4 works on Android
Quotes will allow you to quickly see the current market situation so you don’t have to Google them to see the prices of your open positions. This is very useful for those traders who want to know the Forex prices at all times. MT4 for Android has the most powerful graphics of all mobile forex trading applications. Not only can you observe trends and price changes, but you can also add indicators, change timeframes and access all features in a mobile and user-friendly environment.
Adding indicators is now easier than ever. Just tap the icon and you’ll get a full list of available indicators, which are categorized just like on the desktop platform. With MT4 on your mobile device, you don’t have to continue to open additional applications that allow you to access economic news. Receive these notifications by clicking on “notification” and getting last-minute news. Being in touch with your broker is also easy with this option.
Another great feature of the MT4 application is that it allows you to use all types of orders. Generally, a trader expects to only possess market orders on his mobile platform. However, MT4 allows you to execute buy/sell stop, limit and other types of orders.
Metatrader 4 English Download for Android
The Mt4 platform for Android in English is easily downloadable from the Play Store and can be found by writing words such as Mt4 or Metatrader. From there we can choose the app created by MetaQuotes directly.
An Android User’s Guide to the Metatrader 4
It’s quite easy to use MT4 on your Android phone. What you need to do is to download the platform, enter your existing trading account details and discover the benefits of being able to trade on Forex from anywhere. For first time traders, we recommend exploring the platform’s features with a demo account. It is recommended to do so because the platform has many features and it would be “painful” to perform a trade without wanting a real account. For more information and to get a practical guide for Mt4 on Android, you can download the free guide at www.giocareinborsa.com.
Metatrader 4 Demos
The attraction to easy money is tremendously powerful. That is the reason why hundreds or thousands of “new traders” come to these markets every month. However, the dangers of entering the real mode without proper training will lead to losing money on the account or even getting a negative balance.
We need to understand what the market is like and then tune into it. I recommend starting with a demo account and here are the main reasons:
- The main reason: do not lose money while we learn how this business works.
- It develops a trading system that includes strategy, a more effective time frame based on the trader’s profile, the financial instruments that best suit the operation, etc..
- Develops discipline and consistency needed to be a quality trader
- Eliminates limiting beliefs
- Develops technical, fundamental and psychological learning to be a trader
Metatrader 4 Free English Downloads
You can download Metatrader 4 in English for free in the Play Store without having to open any type of account. Once downloaded, you can then open a demo account with any of the hundreds of brokers who provide the ability to use the Mt4.
Metatrader 4 for Mac
The versatility of Metatrader is absolutely worthy of mention as it can be used on almost any type of device and on multiple operating systems. And of course that it includes the Mac, which, in fact, explained in ‘another article how to install and prepare the Mt4 on an Apple device, which is not a smartphone or tablet.” For mobile devices there is obviously the iOS version.
MT4 for Windows 10
The developers from MetaQuotes and Metatrader are constantly updated especially for the most common operating systems such as Windows, Android and IoS are very careful and provide products that are always adequate and up to date. Also for Windows 10, the platform is being updated to provide the best experience to its users.
Despite powerful investments on software that try to compete with the MT4, this program is still the platform of choice for millions of users and its presence is virtually mandatory in any self-respecting broker.