Metatrader 4 is it a standalone program? | Forex Factory

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Metatrader 4 is it a standalone program?

  • #1
  • First Post: Jan 17, 2006 10:32am Jan 17, 2006 10:32am
Is Metatrader a standalone program or is it "attached" to a broker so that if you want to use it you have to go thru their brokerage??
Shootist - Have Pip Shooters Will Travel
  • #2
  • Jan 17, 2006 11:11am Jan 17, 2006 11:11am
It is a trading platform that different brokers purchase from its developer then "customize" to their brokerage. It is not a stand-alone program.
  • #3
  • Jan 17, 2006 11:54am Jan 17, 2006 11:54am
Quoting mwspring
It is a trading platform that different brokers purchase from its developer then "customize" to their brokerage. It is not a stand-alone program.
Sorry to disagree, but it can be used as a stand-alone application. Just download the MT4 client from MetaQuotes website and install it using the demo datafeed.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #4
  • Jan 17, 2006 1:14pm Jan 17, 2006 1:14pm
Will it interface with brokers such as oanda and fxcm. I guess what I'm really asking is if I create a program to trade my system will it automatically enter and exit for me (while im at work) thru my current accounts?
Shootist - Have Pip Shooters Will Travel
  • #5
  • Jan 17, 2006 5:03pm Jan 17, 2006 5:03pm
You cannot have FXCM data feed on MT4 platform, the only way automatic trading can be at this time is thru a bridge program with a macro to buy, sell & etc but the data feeds will not be the same.
  • #6
  • Jan 17, 2006 7:10pm Jan 17, 2006 7:10pm
What other brokers are using MT4 as their platform?
Could you please give a list and maybe suggest which brokers is good?
However, I really don't know what makes a broker good.

Please just add to the list:
1) Interbank FX.

Thanks.
  • #7
  • Jan 18, 2006 1:55am Jan 18, 2006 1:55am
Quoting eastmaels
What other brokers are using MT4 as their platform?
Could you please give a list and maybe suggest which brokers is good?
However, I really don't know what makes a broker good.

Please just add to the list:
1) Interbank FX.

Thanks.
2) neuimex.com
3) mdicorps.com
4) fxdd.com
  • #8
  • Jan 18, 2006 2:54am Jan 18, 2006 2:54am
Quoting Th_Wenzel
2) neuimex.com
3) mdicorps.com
4) fxdd.com
Thanks TW..
  • #9
  • Jan 18, 2006 4:19am Jan 18, 2006 4:19am
Just so you know, Oanda now offers their data API's if you want to integrate trading into a third party platform such as MT 4 or another custom trading platform. You can find more info on their site.
Capital Preservation is key to long term wealth accumulation
  • #10
  • Jan 18, 2006 6:27am Jan 18, 2006 6:27am
.:: MT Brokers List ::.


.:: Admiral Investments and Securities Ltd. http://www.forextrade.ru/

.:: Alpari Ltd. http://www.alpari-idc.com/

.:: APEX FX Trading http://www.apexfxtrading.com/

.:: Bull Trend Brokerage http://www.bulltrend-bg.com/

.:: FiboGroup http://www.fibogroup.com/

.:: EuroForex Development LLC. http://www.euroforex.net/

.:: fxTeam http://www.fxteam.ru/

.:: Financial Network Worldwide Ltd. http://www.forexservice.net/

.:: FinMarket Ltd. http://www.finmarket.com.ua/

.:: Forex Global Investment LLC http://www.forexgi.com/

.:: Forex Ltd. http://www.forexua.com/

.:: FX-Pro Ltd. http://www.fx-pro.com/

.:: IC Vector Securities Ltd. http://www.icvector.ru/

.:: Inforex Introducing Broker http://www.inforex.org/

.:: Integral Bank http://www.fxintegral.com.ua/

.:: Interbank FX http://www.interbankfx.com/

.:: Jaguars Investment LLC http://www.jaguarsinvestment.com/

.:: Joy Financial Group http://www.joyfg.com/

.:: KVB Kunlun New Zealand Limited http://www.kvbkunlun.com/

.:: Lefco Bank http://www.lefco.ru/

.:: Livingston Investment Inc. http://www.mytrustbank.com/

.:: Man Financial (S) Pte Ltd http://www.manfinancial.com.sg/

.:: MIG Investments Group LLC http://www.miginvest.com/

.:: Orion Global Financial Services http://www.orionbrokers.com/

.:: Performance Forex GmbH http://www.eforex-asia.com/

.:: Real Trade Ltd. http://www.realtrade.lv/

.:: STS Finance SC http://www.finance.sts.bg/

.:: Teletrade D.J. International Consulting Ltd. http://www.teletrade.ru/

.:: The Commercial Group http://www.cgtim.com/

.:: TradeFXDirect.com, Inc. http://www.tradefxdirect.com/

.:: Ukrsotsbank http://forex.ukrsotsbank.com/

.:: Windsor Brokers Ltd. http://www.windsorbrokers.biz/

.:: X-Trade Sp. z o.o. http://www.x-trade.biz/

.:: FXBest http://www.fxbest.ru/

.:: ManFinancial http://www.manfinancial.com.sg/en/

.:: SNC investment http://www.sncinvestment.com/

.:: FXDirectDealer http://fxdd.com/

.:: Neurex http://www.neurex.de/
  • #11
  • Jan 18, 2006 9:23am Jan 18, 2006 9:23am
Quoting MuddBuddha
Just so you know, Oanda now offers their data API's if you want to integrate trading into a third party platform such as MT 4 or another custom trading platform. You can find more info on their site.
thanks for this info MB..
  • #12
  • Jan 18, 2006 9:27am Jan 18, 2006 9:27am
[quote=LazyPawn].:: MT Brokers List ::.
[quote] thanks LP... that's one long LISSSSSSSSSSSSSSSSSSSSTTTTTTTTTTTT. I think that would be enough broker list to choose frm.. you googled that list?
  • #13
  • Jan 18, 2006 2:49pm Jan 18, 2006 2:49pm
Quoting eastmaels
thanks LP... that's one long LISSSSSSSSSSSSSSSSSSSSTTTTTTTTTTTT. I think that would be enough broker list to choose frm.. you googled that list?
LOL no! I found it on a different forum some time ago, don't even remember where, and it was saved on my hard-disk.
  • #14
  • Jan 18, 2006 4:11pm Jan 18, 2006 4:11pm
Quoting LazyPawn
LOL no! I found it on a different forum some time ago, don't even remember where, and it was saved on my hard-disk.
oh how fooloish of me! Thanks for shring with us LP...
  • #15
  • Jan 19, 2006 4:25pm Jan 19, 2006 4:25pm
I just found this tidbit on the Oanda API page:

Pricing

OANDA will charge a license fee of USD $600 for the Library, after which the customer is entitled to two free months of use. Monthly fees of USD $600 will commence following this two month period, discounted by USD $50 for each USD $1M in trading volume generated on the account. Note that a monthly volume of USD $12M would entitle the customer to free API use.


Ouchy if you're not moving $1M+! I would love to experiment with MT, but the proxy at work doesn't play friendly with it.
Alas.
  • #16
  • Apr 24, 2006 1:52am Apr 24, 2006 1:52am
Quoting diallist
Sorry to disagree, but it can be used as a stand-alone application. Just download the MT4 client from MetaQuotes website and install it using the demo datafeed.

Dial
What demo server do u use? my interbank , alpari servers arent work anymore
  • #17
  • Sep 12, 2007 1:18am Sep 12, 2007 1:18am
This is a bit off subject but ive installed an instance of MT4 from S&C forex to use strictly for backtesting purposes. Ive downloaded some history files from Alpari to achieve 90% modeling quality. Ive been doing some backtests and have noticed that my computer is now taking an excesively long time to open up my S&C MT4 trading platform 5 to 10 minutes sometimes. Does MT4 save backtest info? Or what might be causing this bogging down of my computer. I hope i dont have to keep installing and deleting MT4 everytime it starts to bog down. I know this is way off the subject but I didnt think I should open a new thread for this one question. Ive noticed that the tester folder is about 1.9 gigs in it. Any help is greatly appreciated!!!!

Henyloc
  • #18
  • Last Post: Nov 7, 2007 2:45am Nov 7, 2007 2:45am
hi guys,

i m having problem reinstalling MT4 after download. When it tries to install the liveupdate.exe, it says, cant install file! any idea how to solve it ?

Thanx for helping out

Sam
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