Trading online is easy nowadays, especially if you have a laptop with Windows installed. Highly functional trading platforms have evolved, especially the rightly-renowned MetaTrader 4. But as we move more and more into the era of the smart device, it’s become important that software exists for smart operating systems. MetaTrader 4 for Android is the leading software in the industry.
When choosing Android trading software, look for the following:
Live information feeds
The latest Android software should provide not just live feeds of quotes and market news, but feeds that are specific to your needs. MetaTrader 4 for Android aggregates everything relevant to your trades, providing up to date and easy to use information.
Charts are vital for any good trader. And it’s important that you have them available on the move.
MetaTrader 4 for Android has some of the most powerful charting software of any mobile apps. You can observe the trends and price changes, add indicators, change time frames and access all of the mobile-friendly features.
Take Profit and Stop Loss
All information must be taken in the context of your strategy. Which is why you need software that will let you easily observe your Take Profit and Stop Loss levels. Push notification will inform you of breaking news, allowing you to keep up to date no matter where you are.
All desktop indicators
If you don’t have all the information available, then you can’t make well-informed trades. It is therefore crucial that your Android software provides you with all the indicators that you get from your desktop software. You should never have to make trades with deficient information. MetaTrader 4 for Android is again at the forefront in offering all the indicators you’ll ever need.
Safety and security
You don’t want to put your financial information at risk. It is vital that everything you do is kept totally secure – whether that’s your account details, details of your trades, or even your identity. MetaTrader 4 for Android is constantly improving its security protocols, offering the most advanced encryption that always keeps ahead of hackers.
Ultimately, the software will be judged by how easy it is to execute trades. Whereas previous software only gave you information and analyses, MetaTrader 4 for Android allows you to carry out your trades wherever you are. Furthermore, it’s extremely easy and intuitive.
As with desktop software, MetaTrader 4 for Android is the industry standard. There is really no reason to look for “better” software as you simply won’t find it. Most online trading brokers, including Admiral Markets, offer MetaTrader 4 for Android, making it easy to communicate directly with your broker, no matter where you are.