You Asked: How to use the FXCM MT4 download?
When MetaQuotes Software created the MT4 platform back in 2005, they probably had no idea that 15 years on millions of traders would have downloaded it, making it the world’s most popular trading platform for the Forex and futures markets.
MT4 is one of a choice of four platforms on offer from FXCM and it can be used with any type of account you open with this broker, including the demo, which is referred to as a ‘Practice Account’ on the website. One thing you do need to be aware of is that FXCM has a few specific T&Cs relating to trading on the MT4 platform, which we advise you to read before using it.
The broker offers its MT4 platform in many formats:
If you are already familiar with using the MT4 platform, you will have no trouble getting to grips with FXCM’s version, which includes quite a few unique built-in features including a technical analysis package with 30 built-in indicators and over 2,000 custom indicators to take your pick from.
Also available are a variety of add-ons for various EA trading strategies, some can even be customised to individual requirements. FXCM allows some types of trading actively discouraged by many brokers, such as scalping or hedging and it also offers a whole range of extras for these purposes, which are MT4-specific and better still, the majority are free of charge.
Contributing to the website since 2012 we are one of many consultancy projects Samuel works on. With 38 years of experience in finance, insurance and foreign exchange his combined knowledge makes him an effective operator.
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