What is MetaTrader 4 (MT4)?
Updated October 18, 2026
MetaTrader 4 is a popular free trading platform used by many forex brokers.
MT4 has been around for years and is still everywhere. It has charts, indicators and order tools.
It supports expert advisors, so lots of bots are built for it.
It's simple and stable, though newer platforms have more features.
Example
Your broker gives you MT4 login details and you start trading from your phone.
Questions people ask
Is MT4 free?
Yes, brokers give it to clients for free.
Can I run EAs on the MT4 phone app?
No, EAs only run on desktop or a VPS.
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