What is MetaTrader 4?
MetaTrader 4 is a very popular trading platform used by retail forex traders around the globe. The first version of it was released in 2005 by MetaQuotes. MetaTrader 4 gets its popularity from the fact that it is highly customisable to a trader’s individual trading preferences.
Why trade with MetaTrader 4 on OANDA?
Boost your trades with our custom-built bridge, which combines OANDA’s pricing and execution with Metatrader 4’s charting and analysis. This means you get the best of the OANDA and MT4 trading platform, including our combined decades of experience, trustworthy reputations, exceptional research and trading tools, and automated systems.
Trade smarter with Metatrader 4 and OANDA
With the powerful MetaTrader 4 trading platform, you can stay ahead and access important information on the go whilst you trade in Singapore.
Metatrader 4 charts
View open orders and positions directly on your Metatrader 4 app charts.
Frequent updates
Indicator data refresh frequency: 5 minutes (premium) and 20 minutes (standard).
Valuable insights
Access net and cumulative order information and trade using retail pricing sentiment.
Use expert advisors
Build and use automated analytical and trading programs to save time.
Depth of market with mini terminal
With depth of market, the smaller the size of your trade, the tighter the spread we can offer you. Access depth of market pricing using the OANDA MT4 premium upgrade with the mini terminal.
Automated trading strategies
The MT4 platform supports expert advisors (EAs) - automated trading tools developed by third parties. They’re a great tool for experienced and beginner traders alike. Using our expert advisors, you can:
Over 50 default indicators
On MetaTrader 4, traders have access to over 50 indicators, including well-established tools such as Bollinger Bands, MACD, and Moving Averages.
MT4 lets traders combine multiple indicators for chart analysis, increasing confidence in buy and sell signals. It also offers a comprehensive suite of drawing tools essential for chart analysis, which can be leveraged to enhance the analytical process when placing a trade.
Trade from charts
Use MetaTrader 4's advanced charting package to access:
Rapid order placement directly on charts
MetaTrader 4 allows "one-click trading" directly from the charts and offers rapid stop and limit order placements, as well as modification.
MT4 premium upgrade
Access a range of enhancements including additional indicators and EAs such as mini charts, OCO orders, tick-chart and keyboard trading, chart-ladder order entry and alert trading.
Strengthen your forex CFDs trading experience with premium upgrades for MT4:
Key differences between MT4 and MT5
| Feature | MT4 (32-Bit) | MT5 (64-Bit) |
|---|---|---|
| System operation processing | Heavier | Lighter |
| Programming language | MQL4 | MQL5 |
| Number of usable EAs | Many (a large number of EAs are available for MT4) | Fewer (many EAs designed for MT4 do not operate on MT5) |
| Backtesting time | Longer | Shorter |
| Chart timeframes | 9 types | 21 types |
Other platforms
OANDA mobile
Our mobile app was voted Best Trading Tools winner (Online Personal Wealth Awards 2020)
OANDA web
Our powerful platform combines an intuitive interface, a suite of technical analysis tools, a sophisticated charting package and more.
TradingView
Join the largest financial community on the web, with over 50 million active investors and thousands of trading ideas and custom indicators.
Effortless account opening in minutes.
Go from application to trading in 3 easy steps: