cTrader platform provides access to trading on the currency exchange markets using the NDD (No Dealing Desk) technology for professional traders and for newbies as well. It allows users to trade with the international banks directly, avoiding any intermediaries in the live trading atmosphere.
Easily adjustable proxy servers allow quick connection from any location, overcoming any barriers. The platform supports 14 languages.
About MetaTrader (MT4)
MetaTrader 4, commonly nicknamed MT4, is a widely used electronic trading platform for retail foreign exchange, developed by the Russian software company MetaQuotes Software Corp, which is currently licensing the MT4 software to almost 500 brokers and banks worldwide. Released in 2005, the MT4 trading software became extremely popular with retail forex traders especially for its easy to use features and the ability to even facilitate automated trading by allowing users to write their own trading scripts and trading robots (commonly known as expert advisors). For most online traders and investors, whether they are trading forex or CFDs (Contracts for Difference on various financial instruments), MetaTrader 4, is undoubtedly a household name today.
MT4 and Automated Trading
Automated trading is well known to online investors as a helpful tool to automatically process trade orders with extremely fast reaction time and according to a series of pre-determined trading rules (such as entries and exits) set up by traders by using the MQL programming language of MetaTrader 4. Also known by the name of system trading, automated trading has another great advantage: as it carries out trades mechanically and based on the settings of traders, it excludes the emotional factor from trading, which may very often affect investment decisions negatively. Thus it has the ability to handle trading on investors’ behalf, along with all the analytical processes involved in the trading process.
Automated Trading and MQL
Automated trading is undoubtedly one of the most popular features of MetaTrader 4. It is remarkable data in itself that since 2014, over 75% of the United States stock share trades, including NASDAQ and the New York Stock Exchange, have been carried out through automated trading system orders. The fact that today automated trading on the MT4 software is also available for retail traders and investors is a huge plus, allowing trading not only on stocks but also on foreign exchange (forex), futures and options. The MT4 platform uses MQL4, a proprietary scripting language for implementing trading strategies, which helps traders to develop their own expert advisors (i.e. trading robots), custom indicators and scripts, as well as to test and optimize their EAs with the MT4 strategy tester.