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MetaQuotes Unveils Mobile Trading Platform for Android Devices

October 21st, 2011 Comments off

MetaQuotes Software Corp., a professional trading platform developer, announced the launch of its mobile trading platform, MetaTrader 5, for Android (News – Alert)-powered devices. The new platform, called as MetaTrader 5 Android, allows traders using Android devices to trade on financial markets even when away from their desktop computers.

According to MetaQuotes, the MetaTrader 5 Trading Platform is designed to provide brokerage services to traders in Forex, CFD, Futures, and stock markets. As a trader’s working tool intended for online trading in the financial markets, it features flexible trading system, technical analysis of quotes and fundamental analysis, financial news, alerts, automated trading and mobile trading.

Encompassing all necessary components for providing brokerage services in the financial markets, the MetaTrader 5 is a full-cycle trading platform. Released on the retail Forex about a year ago, it is already used by more than 50 brokers and banks around the world, according to MetaQuotes.

Offering the convenience of mobile trading that allows traders to manage their accounts from portable devices like a cell phone, smartphone, and Pocket Digital Assistant (PDA), the MetaTrader 5’s Mobile trading feature helps to keep up with Forex or Stocks trading account when trader does not have access to a desktop computer.

The second application for mobile trading within the MetaTrader 5 trading platform, the MetaTrader 5 Android supports all trading functions. This application receives prices of financial instruments, allows traders to trade and enables traders to view the history of trade operations.

Similar to the mobile trading platform for iPhone, the MetaTrader 5 for Android is absolutely free of charge. Interested users can start working with the application by simply downloading the MetaTrader 5 for Android in the Android Market and run it. Then, the user is required to open an account and select broker to enjoy the benefits of the application.

According to MetaQuotes, the MetaTrader 5 for Android requires a smartphone or a tablet PC powered by Android OS 2.1 or higher. In addition, it also requires a cellular network or Wi-Fi connection for connecting to broker’s server.

Officials with MetaQuotes said in the release that the functionality of the the MetaTrader 5 trading platform will be expanded in the next versions. Some of the intended features to be implemented soon include charts and technical analysis tools.

“We are counting on the development of mobile trading,” said, Renat Fatkhullin, CEO of MetaQuotes Software Corp., in a press release. “We expect a significant growth in the share of mobile trading the next 2-3 years. To spur this process, we distribute our mobile platforms free of charge.”

In recent news, MetaQuotes launched its MQL5 Cloud Network service, which allows users to create their own cloud computing available to programmers and researches.

Source: http://financial.tmcnet.com

Why MetaTrader 4

February 8th, 2009 No comments

Meta Trader 4 is forex trading software which is a highly user friendly platform for investors and traders alike. MetaTrader 4 is software designed by Metaquotes. It’s arguably world’s most renowned forex trading platform.

It provides all the possible functions that may be required of a trading platform and at the same time is extremely intuitive and let’s a user grasp the subject of forex trading completely. Most automated forex systems or the robots thrive on this software today.

Apart from forex, it’s highly recommended for CFDs and futures. Hundreds of brokerage firms across the world trade through this platform and are immensely satisfied with its performance.

Its front-end trading interface bestows acute technical analysis and expert opinions apart from providing charting software and screenshots full of indicators. On these, the trading programs or robots perform their Fibonacci, trend lines and candlesticks. With MetaTrader 4 you can develop your own strategy and do exceedingly well with it.

Traders loved automation but that still required some office hour if only to place trade with the brokers. How where those to manage who were continuously out of office campus? MetaTrader brought trading over mobile operable over palm OS and windows mobile. It helped people trade via PDA throughout the world.

MetaTrader 4 has penchant for those indicators which can be dragged and dropped on the screen. Many such indicators can be downloaded today. For those who are absolute novices with the subject, using MetaTrader 4 will come automatically. The idea is to get the software and start right then. It would not even be necessary to read the instruction manual.

MQL4 is a trading strategy programming language that can be used on a MetaTrader 4 platform for assuming technical indicators.

Even if you have more than an account or if you are managing some one else’s account, you can go ahead with MetaTrader 4 multi terminal. MetaTrader 4 can utilize “expert” feature to design and incorporate robots. So you get a platform as well as a trading system on buying the software. The robots can clinically analyze entry and exit points for a trade to gauge buy and sell positions.

Technical analysis in real time mode was never this easy. MetaTrader 4 has changed how people would like to perceive forex trading this given day.

MetaTrader 4 has truly arrived.

Source: www.MetaTrader.com.au