MetaTrader 4 (MT4)
The most widely used retail forex trading platform, known for charting and automated Expert Advisors.
Related terms
MetaTrader 5 (MT5)
The successor to MT4, with more timeframes, an economic calendar…
Expert Advisor (EA)
An automated trading program that runs inside MetaTrader and opens…
Balance
Your account value from closed trades, deposits and withdrawals,…
Broker
The firm that gives you access to the market, holds your funds and…
Cent account
An account denominated in cents, so balances and lot values are…
Commission
A fixed fee per lot charged by some account types, usually…