MetaTrader (MT4) is an online platform where trading actually happens. It is a platform that was developed by MetaQuotes in 2005 where traders and investors from all around the world access the prices of currencies, make orders for their trade and use the tools provided by the platform to do trading. Majority of the forex brokers offer this platform to reach a wider audience. It is most popular for forex trading but it can be used for other types of trading as well such as cryptocurrencies, commodities and indices. MT4 is widely used and the preferred choice of traders and investors because of its user-friendly features, customizable layout and a further advantage of automated trading and algorithms which facilitate traders with their strategies and trading methods.