Does Activtrades Use MT4: The Answer You Need

Published :
Written by

Forex traders always look for reliable and trusted trading platforms. There are many online forex trading platforms, including MT4, MT5, cTrader, and others. These platforms provide access to forex markets. Most forex brokers use MT4 as their default trading platform. So, if you are considering using ActivTrades as your broker, you may be wondering if it works with MT4.

ActivTrades is one of the popular forex brokers, offering forex, CFD, and Crypto CFD trading. In this article, we will discuss the compatibility of ActivTrades with MT4. We will also explore alternative trading platforms, pros and cons, MT4 account creation, and more

Does ActivTrades Support MT4?

Yes, ActivTrades supports MT4 as its trading platform. MT4 is one of the most popular trading platforms in the world. It is known for its user-friendly interface, advanced charting tools, and automated trading capabilities. Traders can access the MT4 platform on ActivTrades through various devices, including desktop computers, web browsers, and mobile devices

What Trading Platforms are Available on Activtrades

MetaTrader 4 (MT4): MT4 is a widely used and popular trading platform known for its user-friendly interface and extensive features. It provides tools for technical analysis, charting, and automated trading using Expert Advisors (EAs). Traders can access a wide range of financial instruments, including forex, commodities, indices, and more.

MetaTrader 5 (MT5):

Released in 2010, MT5 is a multi-asset trading platform developed by Metaquotes, the same company that developed MT4 in 2005. MT5 is the upgraded version of MT4. It offers more timeframes on charts, with 21 compared to MT4’s 9. MT5 also offers a built-in economic calendar and partial order fill policy. Additionally, MT5 allows depth of the market (DOB). The programmatic language of MT5 is MQL5. However, it is not as popular or user-friendly as MT4 yet

TradingView:

Founded in 2011 by Konstantin Ivanov (CTO), Denis Globa (CEO) and Stan Bokov (COO), TradingView is a cloud-based charting and social networking platform for traders and investors. It offers a wide range of tools and features for analyzing financial markets, including stocks, forex, cryptocurrencies, and more. Users can access real-time data, advanced charting tools, and technical indicators to conduct in-depth market analysis. TradingView allows users to create custom watchlists, set up alerts, and share trading ideas with the community through its social networking features. Additionally, it supports the development and sharing of custom indicators and trading strategies. TradingView is known for its intuitive interface, extensive charting capabilities, and active community of traders and investors 

ActivTrader:

ActivTrader Trader is a mobile trading platform developed by ActivTrader which is  a prominent online forex and CFD broker. Launched in 2019, ActivTrader Trader provides traders with access to the financial markets directly from their mobile devices, such as smartphones and tablets. The platform offers a user-friendly interface, real-time quotes, charting tools, technical indicators, and order execution functionalities. ActivTrader Trader is designed to meet the needs of both beginner and experienced traders which  allow them to trade a wide range of instruments, including forex, stocks, cryptocurrencies, and more. Additionally, ActivTrader Trader provides access to educational resources and market analysis to help traders make better  trading decisions.

Features of ActivTrades MT4

Rock-solid security:

MT4 on Activtrades prioritizes the security of your trading account and personal information. This includes features like data encryption to protect sensitive information during transmission and secure login procedures that help safeguard your account from unauthorized access. Security is crucial for traders, as they deal with financial transactions and personal data.

Extensive funds protection:

When you trade with Activtrades using MT4, you can expect a high level of protection for your trading funds. This typically involves segregating client funds from the broker’s operational accounts. In case of financial difficulties, these segregated accounts help ensure that your trading capital remains safe. Additionally, some brokers offer investor compensation schemes to provide an extra layer of protection for your funds.

Excellent customer service:

MT4 on Activtrades provides access to customer support professionals who are knowledgeable about the platform and can assist with any trading-related inquiries or issues. Excellent customer service is essential, as traders may need assistance with account management, technical problems, or trading strategies. Access to responsive and knowledgeable support can enhance the trading experience.

Raw Pricing Connectivity:

Activtrades’ MT4 platform likely offers raw market pricing. This means that you have direct access to the actual prices in the underlying financial markets, without significant markups or interference. This transparency in pricing is valuable for traders who want to make informed decisions based on accurate market data.

Fast Order Execution:

MT4 is renowned for its fast order execution, which is critical for traders who seek to capitalize on short-term price movements. Quick order execution minimizes slippage, the difference between the expected price and the actual price at which a trade is executed. Reduced slippage can significantly impact the profitability of a trader’s strategy.

No Restrictions on Trading:

MT4 on Activtrades is typically designed to accommodate a wide range of trading strategies. Whether you are a scalper, day trader, swing trader, or long-term investor, you can execute your preferred strategies without facing significant restrictions. This flexibility allows traders to adapt to various market conditions and pursue their trading objectives.

Level II Pricing – Market Depth:

For traders who require a more detailed view of market liquidity, MT4 offers Level II pricing, commonly referred to as market depth. This feature provides information on the order book, showing not just the best bid and ask prices but also the volume of orders at various price levels. Having access to this information can help traders make more informed decisions by understanding the supply and demand dynamics in the market.

How to create an MT4 Trading Account on ActivTrades

Creating an account on ActivTrades is easy and simple. Here are the steps : 

Step 1: Account Setup:

  • Create an Account: If you haven’t already, sign up for an account on ActivTrades. Follow the registration process and provide the necessary information.
  • Account Verification: Complete the account verification process by submitting the required documents, ensuring compliance with regulatory standards.

Step: 2 Download and Install MT4:

  • Access ActivTrades Website: Login to your ActivTrades account through the official website.
  • Visit to MT4 Section: Locate the section related to MetaTrader 4 on the ActivTrades website.
  • Download MT4 Platform: Download the MT4 platform from the provided link.
  • Install MT4: Follow the installation instructions to install the platform on your computer.

Step 3: Login to Your MT4 Account:

  • Launch MT4: Open the installed MT4 platform on your computer.
  • Login Credentials: Enter your ActivTrades account credentials (username and password) provided during the account registration process.
  • Server Selection: Choose the appropriate ActivTrades server from the list.

Step 4: Explore the MT4 Interface:

  • Market Watch: View available instruments and their real-time prices in the Market Watch window.
  • Charts: Open charts for different financial instruments. Customize chart settings, and timeframes, and add technical indicators.
  • Order Execution: Execute trades using the ‘New Order’ window. Specify trade parameters, such as volume, stop-loss, and take-profit levels.

Step 5: Use of Trading Tools:

  • Technical Analysis: Leverage the advanced charting tools for technical analysis. Add indicators, trendlines, and other analysis tools to enhance your decision-making.
  • Expert Advisors (EAs): Explore and use Expert Advisors for automated trading. Install EAs or create your own to automate trading strategies.

Step 6: Monitor and Manage Trades:

  • Trade Management: Monitor open positions, view account history, and manage trades using the ‘Trade’ and ‘Account History’ tabs.
  • Modify Orders: Adjust stop-loss and take-profit levels or modify existing orders directly from the platform.

Step 7. Mobile Trading (Optional):

  • Download Mobile App: If desired, download the MT4 mobile app on your smartphone or tablet.
  • Login to Your Account: Use your ActivTrades account credentials to log in to the mobile app.
  • Trade on the Go: Manage your trades, monitor the market, and execute orders from your mobile device.

Step 8: Customer Support and Resources:

  • ActivTrades Support: Reach out to ActivTrades customer support for any platform-related queries or assistance.
  • Educational Resources: Explore educational materials and resources provided by ActivTrades to enhance your trading knowledge.

The Pros and Cons of Using MT4

Pros
  • Free to Use 
  • User-Friendly Interface 
  • Real-time access to market prices
  • Widely Used for Traders 
  • Customizable Indicators 
  • Backtesting Capabilities 
  • Large Community and Support 
  • Allows Automated Trading 
  • Multiple Servers 
  • Low System Requirements 
  • Multi-Language Availability 
  • Support Mobile, PC, and other Devices 
  • Support Multi assets including Forex, CFD, Crypto CFD, Indices, and Commodities.
Cons
  • Limited Number of assets 
  • Lack of Build-In News Feed 
  • No Economic Calendar:
  • No Depth of Market
  • Older Architecture
  • Lack of Advanced order type  ( 4 Pending order while MT5 has 6 ) 
  • Mono-threaded platform with 32-bit operating system
  • Limited Timeframe on charts (9 Timeframe while MT5 has 21 time frame)

Frequently Asked Questions (FAQs)

What is ActivTrades?

Founded in 2010.  ActivTrades is a regulated forex broker. It allows restriction-free trading facilities to traders worldwide. ActivTrades offers Forex, Shares, Indices, Cryptocurrencies, ETFs, Commodities, Bonds trading with up to 1:400 leverage. It claims itself as a true ECN forex broker.  

What is MT4?

Metatraders 4 (MT4)  is a widely used electronic trading platform for forex and other financial instruments. It offers a user-friendly interface, advanced charting tools, and support for automated trading through Expert Advisors (EAs). Traders can execute trades, conduct technical analysis, and implement automated strategies on the MT4 platform.

Does ActivTrades offer an MT4 Demo Account for Free?

Yes, ActivTrades provides a free MT4 Demo Account. This allows users to practice and familiarize themselves with the features of the platform without risking real money. It’s an excellent way for beginners to learn and for experienced traders to test new strategies.

What is the timezone of ActivTrades MT4?

The server time for ActiveTrades is GMT+2 or GMT+3 depending on the time of year. During the winter months, the server time is GMT+2, while during the summer months, it is GMT+3. 

Can I Use EA with ActivTrades MT4?

Yes, traders on ActivTrades can use Expert Advisors (EAs) with the MT4 platform. EAs enable automated trading by executing predefined trading strategies, making it convenient for traders who wish to implement algorithmic approaches.

What is the Minimum Amount I Can Deposit for ActivTrades?

The minimum deposit for ActivTrades is as low as $10. This low entry requirement makes it accessible for traders with low levels of capital.

Is ActivTrades MT4 Available for MAC Users?

Yes, ActivTrades MT4 is available for MAC users. Traders using MAC computers can easily download and install the MT4 platform to access the full suite of trading features.

Is ActivTrades MT4 Available on Android Devices?

Yes, ActivTrades MT4 is available on Android devices. Traders can download the mobile app from the Google Play Store and enjoy the convenience of trading on the go.

Does ActivTrades Offer Mobile Trading on MT4 Platforms?

Yes, ActivTrades offers mobile trading on MT4 platforms. Whether on Android or iOS devices, traders can use the MT4 mobile app to manage their trades, monitor the market, and execute orders from anywhere.

What Instruments Can I Trade on ActivTrades MT4?

On ActivTrades MT4, traders have access to a diverse range of instruments, including Forex, Shares, Indices, Cryptocurrencies, ETFs, Commodities, Bonds. This allows for a comprehensive trading experience across various financial markets.

Does ActivTrades Use MT5 Trading Platform?

Yes, ActivTrades uses the MT5 platform. MT5 is the upgraded version of MT4. Both MT4 and MT5 are developed by Metaquotes

Where is the Headquarters of ActivTrades Located?

The headquarters of ActivTrades is located in London, E1W 1YN, United Kingdom.

What are the Account Types in ActivTrades?

ActivTrades offers 4 types of accounts: Professional, Individual, Demo ,Standard Account

Final Thoughts:

ActivTrades uses MT4 as its trading platform. It also uses other platforms like MT5, ActivTrader and more.

MT4 is one of the most popular and widely used trading platforms in the forex work. It is known for its user-friendly interface and advanced tools. It facilitates online trading in various financial markets, offering features like chart analysis, automated trading through Expert Advisors, and accessibility across multiple devices

Disclaimer : Trading forex and CFDs comes with the risk of losing your trading capital. 

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

DisclosureAt Brokersway we're committed to delivering unbiased information. our opinions are our own and are not influenced by the payment we receive from our advertising partners. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money.

Leave a Comment