Metatrader 4 was my first introduction to a charting platform that actually worked the way I wanted…and it is free. Ever since I first discovered it, I have been using it exclusively. True, it's not perfect, but no piece of software is.
But there was still something missing. A mobile trading app that would allow me to have the same (or similar) functionality when I am on the go. I guess that could be a good or bad thing, but I think it is something that every trader dreams of.
My first iPhone forex charting software was a big step up from what I had used before, but it was slow and very limited. In addition, they wanted to charge $60 for you to speed up the chart loading and link it to a trading account in which they were the introducing broker. That meant higher spreads and questionable execution. No thanks.
So when I heard that there was a MT5 app that was available for free, I downloaded it and installed it immediately on my iPhone 3G. Here are my first impressions:
How do you check your charts when you are on the road? Leave a comment below…
Is it compatible with other phones? Does it give the same information with the original software in the computer?
Hope it gives more convenient than the original software in the computer. I’m just helping out the beginners that wants to invest into forex trading using metatrader 5. Thank you.
I’m not sure, I just looked for the iPhone app since that is what I have. As I mentioned in the video, it doesn’t give all of the information available in the desktop version. Better charting could really set this app apart from other free apps. The desktop version is so good, but it must be hard to translate it into an app.