When you finally make a decision about which foreign exchange broker to use for your trading, the next step is usually downloading their licensed trading platform. They are always available for you to use freely. There are several trading platforms out there and each of them has their own positive and negative aspects. It all depends on your trading needs, goals, and overall style of trading.
There are trading platforms which are downloadable for your personal computer while some are web-based and they do not require installing any sort of software on your device. MetaTrader 4 (or MT4) is one of the most frequently used trading platforms by brokerage firms. It is created for Windows but there are some brokers who offer a modified version for MAC as well. Continue Reading →