Have you been on the fence about using applications that might help you build a career in financial market trading? Well, MT4 in Australia might be able to give you the push you need and help you make the best decision of your life. This platform is built for traders to get their hands on chances of reviewing indices, forex, shares, and other vital information by using CFDs.
But that’s not all. MetaTrader4 also allows you to buy and sell shares and ETFs anytime you want through their share trading platform. The forex trading market in Australia is ranked highly in its active performance, with an average trading volume of more than $5 trillion/day.
Why Use MetaTrader4?
Using MT4 might be of the highest benefit for your trading endeavours. Here is why.
1. Customer Service
You get 24/7 support care from MT4 executives worldwide for any issues you might face in your dealings with the platform.
2. High Leverage Trading Supported
You can choose to trade with high leverage volume as the accounts in MT4 goes up to a leverage of 1:30 at a time.
3. Major Currencies Supported
All the major currencies in the world are supported on the platform, so you can easily choose to trade with your local currency. You can trade in any of the following: USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, or CAD.
MetaTrader4 is available on mobile phones, the web, and desktops.
5. Flexibility in Funding
The funding and withdrawal process of MT4 is pretty easy with many options like a credit card, debit card, wire transfer, broker to broker transfer, to name a few.
6. Flexibility in Lot Size
MT4 in IC Markets offers you no restrictions on the lot size of your trades. You can even place trades with minuscule lot sizes of 0.01 without any problems.
7. No Trading Restrictions
For high-frequency trading done globally, MT4 is your perfect mate as it doesn’t have any restrictions on trading. So, as traders, you can easily place your order between spreads.
8. Quick Execution
With an MT4 platform, you get the lowest latency, enabling your orders to be executed faster than ever before.
IC Markets, based out of Australia, is the highest forex broker in the world, with a record of $18.9 billion in average daily trading volume.
How to Use MT4
Now that you have gathered all the required information about MT4 in Australia, this might be the time to guide you through the steps to use the platform efficiently.
- After choosing the platform on which you will use your MT4, you have to download and log in with your credentials. Most websites provide demo trials and webinars to guide you through it more productively.
- You have to go to the order window to choose and place your desired trade order on the app.
- After that, your order would be instantly processed without any compilations. If any issue occurs, you can contact customer service for help.
- You can always monitor your open positions or any pending orders on the platform quite easily.
If you are thinking of the most popular trading platform in the world, MetaTrader4 is the answer, with online trading made easier through one interface. With high-end technology and more analytical tools than you would know what to do with, MT4 is the safest and most reliable online trading partner that can be the perfect company for your trading journey.