OANDA MT4
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  • Regulation : FCA, CFTC, NFA, ASIC, IIROC
  • Country : United States

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Info

Website : oanda.com
Established : 1996
Country : United States

Advantages

  • Extensive Educational Material
  • Highly Regulated
  • Accepts U.S. Clients

Disadvantages

  • Only One type of Account

OANDA MT4

OANDA MetaTrader 4 Platform

In addition to the OANDA fxTrade platform, traders at OANDA can also use the MetaTrader4 trading perform which offers competitive spreads without any commission.

The MetaTrader 4 platform is totally flexible and offers multiple servers. Traders can view five daily candles per week on the GMT+2 servers. Trading thru MetaTrader 4 can be done in 17 languages.

OANDA's MetaTrader 4 Platform
OANDA's MetaTrader 4 Platform

OANDA’s MetaTrader4 platform offers fast execution; advanced charting where traders identify potential trading opportunities with advanced chart-pattern recognition and automated alerts; and test strategies where traders can set up different sub-accounts for each strategy for increased targeted analysis.

Automated traders can also use the Autochartist program which offers customizable MT4 and automated OANDA Technical Analysis indicators.

OANDA's MetaTrader 4 Automated Trading
OANDA's MetaTrader 4 Automated Trading

Expert Advisors (EAs) are the programs that are used for automated analytical and trading processes. Developed in MetaQuotes Language 4 (MQL 4 trading processes, these programs perform immediate technical analysis of price data, and manage trading activities on the basis of pre-programmed trading strategies.

The OANDA MetaTrader4 platform can be used in the demo account.

Mobile

In addition to its desktop computer software, OANDA also offers a mobile application which can be downloaded for free for use on iPhone, iPad, and Android devices.

Review info: OANDA
Review Date:
Rating : 4.5
Reviewed By :