For those who are unfamiliar with Forex trading, let me first clear it to you. Forex trading is actually a currency exchange stock market where you buy a currency and sell it as its value increases. But it is a minute-process. There are instantaneous changes going around every moment and it takes just seconds to convert your profit into loss. Therefore, as an investor, it is necessary for you to keep track of all those minute details to gain maximum profit. But it is also not possible to always keep operating on your PC. A probable solution would be availability of the market on a mobile device. Well, the idea has already been executed to the perfection by Metaquotes App developers.
Most of you must be well known with their previous apps like TeamWox Sync, which have been very successful. Those who are well known with the desktop platform of this software, might not need any introduction to the basic functions and the purpose it serves. MetaTrader 4 is a real time trading application that is compatible with iPhone, iPad and iPod and requires iOS 4.0 or later. With Metatrader 4, you are connected to more than 600 servers of brokerage firms to directly trade from within the app. You get real-time quotes and minute updates. You can control your account portfolio, buy and sell currencies on the go from your iPhone.
You don’t even need to be a professional to use the app and understand the basics. The app provides you with a demo account option, which gives you full access to the real time situations with virtual money being handed to you to invest in the market. So, even if you want to try the software to confirm for its adaptability, you can definitely try this free of cost. The app covers most of the aspects that users might be searching for. There are real-time interactive charts, 3-D indicators including most of the popular ones like Average True Range, Bollinger Bands, Commodity Channel Index, etc.
The app is user friendly and it is very easy to navigate between charts and other tabulated data. You also get to see your trading history, to look for your past deals. With real-time quotes, you can keep track of any currency you might be interested in. The time based data gives you perfect results and accurate information. The charts let you know the variation path being traced in the respective currency, but only for the past day, which is very limited as per the needs and requirements.
Overall, the app is very good. It’s already rated 4+ on App store. With its clean and user friendly interface, it might become very popular among its users. Also, MetaTrader 4 is the most used and popular platform of this software as most of the brokers are still using that platform. Due to this universal application, MetaTrader 4 users will find it easier to contact with their Forex brokers. Also, all the data is tabulated in graphs and reports, which will be quite beneficial for the users to analyze while in train or a public area.
Apps400 Rating : * * * *
Download Link : Download the App Here