Forex Term

MetaTrader

The most widely used retail forex trading platform.

MetaTrader, available as MT4 and the newer MT5, is the most popular trading platform in retail forex. It offers charting, indicators, automated trading through expert advisors, and support across desktop and mobile. Most brokers provide it, so skills learned on one broker transfer to another.

Example

A trader can run the same MT4 chart setup whether they use one broker or switch to another.

Related Terms

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Risk

Forex and CFD trading involves significant risk of loss and is not suitable for all investors. Leverage can work against you. This content is educational and not financial advice — always do your own research.