MetaTrader 4, since its release in 2005, has been the most popular trading platform on the market. The vast majority of forex brokers around the world offer it for FX and CFD trading. Even after all these years, it still holds up as a great forex trading platform. At its core, MetaTrader4 is an electronic trading platform that nearly every forex trader is familiar with. It was developed and is still maintained by MetaQuotes Software Corp. Although some brokers have moved to MT5, even most of those still offer MT4 as an option.
Several things contribute to MetaTrader 4's continuing popularity among forex traders. It has multiple time frames and indicators built in. Custom market indicators and automated trading robots (EAs) can be coded using MetaQuery Language (MQL), which is very similar to the C++ programming language. There are thousands of third party indicators and EAs (Expert Advisors) available for it both for free and from 3rd parties.. Originally, MT4 was only available in a desktop version, but now it is also available in a mobile version and even a web-based version.