Best Online Stocks Platform
The best stocks trusted trading platform software is the MT4 Stocks Trading software. This stock platform is one of the most common stock trading software which is used almost by every Stocks trader as well as almost every online broker.
In this learn MT4 platform tutorial we shall explain the MT4 Interface so that beginner traders wanting to begin learning this Stocks Trading charting software, can then start from this lesson.
Best Online Stocks Platform - MetaTrader 4 Workspace - Stocks Trading Trusted Trading Platforms
From the above screen-shot of the this stocks platform MT4 trading software there are several tool bars as well as chart window panel.
You can download this online stock trading platform from your broker's website. Now after you download stocks platform, then you will need to learn one or two things about this stock trading platform:
The first thing is how to setup this stock trading software after you download. For example if you download the MT4 platform, you will need to go to a broker first, register for a stocks practice trading account then after you register for a stocks demo account you will be provided with a link where to download MetaTrader 4 platform.
Now once you download this stock trading software, assuming you do not know much about computers, Open your Web Browser >>> Go to tools at the left top corner of your web browser next to 'file', 'edit', 'view' and click on tools, choose download folder location, (shortcut: once you open your browser click CTRL+J or CTRL+Y), a download popup will pop-up with links to downloaded items. Select the software that you've just downloaded.
Installing MT4
To setup this software after you have downloaded, open the download from where you downloaded, from there an setup wizard appears & all you have to do is to follow the setup instructions. After set up the platform will run automatically just like any other software. Read tutorial How to install MT4 stock platform.
You can open the MT4 platform from the start menu>>> Programs or from desktop shortcut that appears as a desktop icon marked MT4 after installation.
Demo Stocks Account Registering and Login
To open an account in MetaTrader 4 just click on 'file' & then on open an account, to log in to an account just click on 'file' at the top right corner & click login from the drop down menu that pops up.
Once yousign in to the stocks trading software you will get access to charts and other technical analysis tools such as technical indicators that you will then use to place trades within the stocks market while connected to your stock trading broker's servers.
Stocks Platform Menu Bar and Toolbars
Menu Bar on MT4 For Navigating within the Software
Menu bar is used to operate & navigate this stock platform from one single panel. From this panel you can set how to view toolbars, chart, data window and even use the file tab to open a stock account - & also login to your stocks platform account.
Form the menu bar you can click on view tab and choose tool-bars like in the above pictured screenshot, these menu bars can be used to set up stock trading platform stocks charts, indicators, time frames, & others things like drawing stocks trend lines and Fibonacci retracement levels and Fibonacci expansion levels. To learn how to customize this stocks platform software navigate to this MT4 Stocks Platform Tutorial Section.
Now that we have looked at the tool-bar & menu bar, we shall look at the main work-space interface of the MetaTrader 4 platform.
Best Online Stocks Platform
Market Watch window panel - This window panel is used to show a stream of the exchange rates that is obtained from your stocks broker. In this market watch window panel you can right-click anywhere on this panel to select show all stocks financial instruments or hide the ones you are not interested in & save some bandwidth at the same time. No need to have stocks prices for 50 stocks instruments if you are only interested 4 stocks instruments.
Data Window Panel - Used to setup Indicators, Expert Advisors & scripts, you can click any of this menu sub items & expand/collapse the indicators or Expert Advisors used for automated trading.
Charts Panel - This is where the price moves will be plotted.
Charts Tab - Navigation from one stocks instrument to another is easy, just flip through the charts tab as shown above.
Terminal - This window panel is used to display a statement of your trades, profits and loses that you have made in your live stock trading account or demo stock trading account. To enlarge this window panel & view open trades, just hover the mouse on the terminal window toolbar until the cursor changes, click & hold down mouse button key & then move cursor upward.
Connection bars - These are used to explain the connection to the internet, red bars mean no internet connectivity, green bars illustrate there's internet connection.
Exchange Rates Graph - this shows the exchange rates for the stocks instruments that you're trading in order to show if the exchange rate is going upwards or downwards.
Advantages of MT4 Stocks Platform
In the online stocks market there are many stock trading platforms available around the internet. But among the top stock softwares best stock trading platform is MT4 platform, it is the best Stocks Trading software because of the following reasons:
Low Bandwidth Connection Requirement
Not everyone can afford the best internet connection, the T1, the satellite, ADSL or Fiber Optic internet connection: furthermore, these are not freely available to some residential areas & might be limited to office buildings. This is why it's best to select a stock software which requires the minimum bandwidth, MetaTrader 4 platform. Even with the best connection, sometimes the connection may not be available and you may need to use an alternative connection like the dial up or modem. MT4 platform is the least expensive if you are on a modem. To even reduce further the inter-net bandwidth usage navigate to market watch (Short-cut press CTRL+M), Right-Click on any stocks instrument, Select 'Hide all', now the stock trading platform will only stream the stocks price quotes for the pairs you only need and conserve your bandwidth even further. Especially when using a mobile phone or i Pad or a Tablet where you are paying for phone credit this can save your credit. This is one of the reason why the MT4 platform is considered as one of the best stock trading softwares online.
The easier it's to connect the easier it is open and close trades on time.
Provided by all Brokers
Another reason why this Stocks software is considered as one of the best stock platform is because MetaTrader 4 is liked by most traders all brokers provide it. Once as a investor learns the MT4 platform there's no need to re-learn when you switch to another stock broker. You can still use the same MetaTrader 4 of the new stocks broker without the need to learn a new stock software all over again.
Easy Technical Analysis
The other thing that makes this the best stock trading platform is ease with which you can set up the technical analysis technical indicators on the stocks trading charts. Even those using various web traders will do their technical analysis in the MT4 platform and then place their stocks orders on their web trader.
Technical traders can also setup custom technical indicators on this software, making it easier to add more technical analysis tools onto this stock platform. Others also install automated Expert-Advisors on this stocks trading platform so as to trade automatically with these programs known as automated EA Stocks Robots.
Best Charts
The MT4 has the best stock trading platform charts representations available & implements many chart timeframes from which a can choose.
Simplicity
Overall the simplicity of this stocks platform software and the fact that any investor can learn how to use MT4 platform within one hour makes this the best platform for new & experienced stock traders.
According to stock trading platform reviews of the top stock trading platforms MetaTrader 4 is the best stock platform - Stocks Trading Trusted Platforms MT4 Stocks Platforms. Therefore, stocks traders looking for what is the best stock trading software can begin trading with the MT4 Stocks Trading software - Stocks Trading Trusted Platforms - as it is the best stock trading platform software and it is very easy to learn.
