What Every Beginner Should Know About MetaTrader 4

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. While testing the ActivTrader platform, I found some intriguing tweaks to order types. I liked that the platform’s Progressive Trailing Stop makes a regular trailing stop even more dynamic with an additional parameter that modifies the original stop distance. There’s even an option to adjust the stop distance if specific price targets are met along the way. I was intrigued by this innovative feature; recreating such orders manually would be complicated (in many cases, this would be impossible without a trading API).

Can I trust ActivTrades?

This transparency in pricing is valuable for traders who want to make informed decisions based on accurate market data. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. ActivTrades is a good choice for beginners due to its easy-to-use ActivTrader platform, well-laid-out website, and decent balance of educational content and research tools. The ActivTrader platform is easy to use, thanks to its minimalist design and layout, making it suitable for beginners who might be intimidated by more complex trading software.

Consequently, any person acting on the information provided does so at their own risk. MetaTrader 4 (MT4) is a versatile PC, Mac, Android, iOS, and web-based platform. Getting up and running with MT4 is relatively easy, whether you’re looking to trade on a computer or mobile device. MT4 has a default demo server that allows complete beginners to explore the platform. If you decide to begin trading, you will need to find a MetaTrader 4 broker.

ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. ActivTrades offers one primary account type (referred to as its “Individual Account”) along with Professional Account and Islamic Account options. Traders can also use a demo account to practice trading without risking their funds. It’s worth noting that there is no account type designed specifically for high-volume traders, and no active trader pricing. All websites and web-based platforms are tested using the latest version of the Google Chrome browser.

An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. Founded in 2014 and acquired in 2021, BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. With over 60 brokers reviewed, our editorial team has published thousands of words of research to help our readers make informed choices. ActivTrades was founded in 2001 and has grown into a recognized broker primarily serving the U.K. While it is not publicly traded, it holds regulatory approval from the Financial Conduct Authority (FCA), a highly regarded U.K.

Does ActivTrades offer an MT4 Demo Account for Free?

The broker provides access to 1000+ trading instruments, including Forex ( Major, minor, exotics), shares, Indices, cryptocurrencies, ETFs, Commodities, Bonds. The broker is regulated by 5 top-tier regulatory authorities, including FCA, SCB, CMVM, BACEN, and FSC. Whether on Android or iOS devices, traders can use the MT4 mobile app to manage their trades, monitor the market, and execute orders from anywhere.

  • For traders who require a more detailed view of market liquidity, MT4 offers Level II pricing, commonly referred to as market depth.
  • Launched in 2019, ActivTrader Trader provides traders with access to the financial markets directly from their mobile devices, such as smartphones and tablets.
  • When you choose an ActivTrades account for either demo or live use, you can develop your skills and trading strategies while benefiting from an experienced and award-winning broker.
  • ActivTrades also provides several tools, such as Analysis, Trading Central, Market Buzz, and Economic Calendar, to improve trading efficiency and support automated strategies.
  • Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.

Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University. ActivTrades delivers a mobile trading app experience that we found to be fairly standard. The app is rated moderately well compared to peers, and includes all the core functionality traders need. MetaTrader 4 is best suited for forex traders, algorithmic traders, and those who value a simple yet powerful trading environment. It is particularly ideal for beginners seeking an easy learning curve and professionals relying on automated systems.

ActivTrades gives you access to tight spreads and fast execution for demo and live accounts, and our award-winning support is on hand throughout. While MT4 offers powerful tools for trading, it is essential to implement effective risk management strategies. Utilize stop-loss orders, set appropriate leverage levels, and stay informed about market conditions to mitigate potential losses.

How do I open an account with ActivTrades?

  • When you trade with Activtrades using MT4, you can expect a high level of protection for your trading funds.
  • An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
  • Traders can also access the default indicators and basic tools on these platforms free of charge.
  • Weekly market outlooks from ActivTrader’s research team, focusing on timely topics.

When you trade with Activtrades using MT4, you can expect a high level of protection for your trading funds. This typically involves segregating client funds from the broker’s operational accounts. In case of financial difficulties, these segregated accounts help ensure that your trading capital remains safe. Additionally, some brokers offer investor compensation schemes to provide an extra layer of protection for your funds. MetaTrader 5 (MT5) is a multi-asset trading platform developed by MetaQuotes and released in 2010. It is the updated version of MT4 and supports trading in forex, stocks, and other financial instruments.

MetaTrader 4 has a smaller selection, as it does not support share trading. ActivTrader covers the most popular asset classes available as CFDs, including popular indices, forex pairs, ETFs, commodities, bonds, and cryptocurrencies, across its platform and account types. ActivTrades earns an average recommendation for its trading platforms and tools. It supports both MetaTrader 4 and 5, as well as its own proprietary platform, offering versatility for most traders.

Regularly updating the platform ensures access to the latest features and security enhancements. Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

What are the Account Types in ActivTrades?

This allows users to practice and familiarize themselves with the features of the platform without risking real money. It’s an excellent way for beginners to learn and for experienced traders to test new strategies. Traders gain access to the broker’s flagship ActivTrader mobile app along with third-party apps MetaTrader (MT4 and MT5) and TradingView. All mobile apps are available for iOS (via Apple’s App Store) and Android (via the Google Play Store). However, MT4 has fewer asset classes than new platforms, and it can take some time to learn how to use all of its features effectively. More experienced traders may wish to consider whether MetaTrader 4 or 5 will be more appropriate in meeting their objectives.

Daily Market Analysis

CFDs are complex financial instruments and carry a high risk of losing money quickly due to leverage. You should carefully consider your investment objectives, experience level, and risk tolerance before deciding to trade any financial instruments.. ActivTrades offers the most popular trading platforms for the convenience of traders and investors. These platforms are equipped with powerful features to enhance trading performance, whether you are a beginner or an experienced professional.

The Islamic Account option at ActivTrades is designed to meet Sharia compliance for religious purposes. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.

Popular Forex Broker Reviews

MetaTrader 4 (MT4) is a platform primarily designed for forex and CFD trading. It’s widely used by traders of all experience levels, from beginners to professionals. With a user-friendly interface, it’s an accessible option for relative newcomers to forex trading while offering the tools and functions required by more experienced traders. MetaTrader 4 (MT4) is a widely recognized trading platform known for its user-friendly interface and robust functionality.

ActivTrades’ implementation of MT4 offers customizable charts, expert advisors (EAs) for automated trading, and real-time market data. Traders can also benefit from secure execution, multiple order types, and seamless integration with various financial instruments. MT4 on Activtrades provides access to customer support professionals who are knowledgeable about the platform and can assist with any trading-related inquiries or issues. Excellent customer service is essential, as traders may need assistance with account management, technical problems, or trading strategies. Access activ trades review to responsive and knowledgeable support can enhance the trading experience. ActivTrades is the UK-based forex and CFD broker that offers online trading services globally.

Risk Warning :

ActivTrades integrates MT4 to provide traders with advanced charting tools, automated trading capabilities, and a wide range of technical indicators. MetaTrader 5 (MT5) is the successor to MT4, offering an even more advanced and feature-rich platform for traders. Developed by MetaQuotes, MT5 provides additional tools and capabilities, making it suitable for more experienced traders.