MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. MetaQuotes Software Corporation was Founded in 2000. The software is licensed to foreign exchange brokers who provide the software to their clients. The client is a Microsoft Windows-based application. This became popular mainly due to the ability for end users to write their own trading scripts and robots that could automate trading.
Getting in to Forex trading can be a fun filled decision but you need to find the best forex broker to make trading an exciting one. Choosing a forex broker can be a stressful task as there are many brokers out there who claim to be the best one. Be it a HFT broker or an ECN broker, make sure to choose the ones that have good reputation in the industry. Before you choose a particular broker involved in forex trading, it is essential for you to learn about some basics.