The rental and construction of foreign exchange MT4 and MT5 platforms will certainly become a part of financial investment projects

With the continuous optimization and improvement of national policies, the gradual opening of the foreign exchange market has become an important direction of the current foreign exchange reform. Foreign exchange is bound to become a wave of major opportunities for financial investment projects. Whoever can seize the opportunity will surely get dividends from it!

Foreign exchange financial information new media

From the beginning of an FX chart in 2000, the founders of metaquotes software Corp found it hard to think that one of their products could survive in the market for 13 years, had a huge impact on the market, and is still very popular today, so that when launching subsequent products, they had to take restrictive measures against this product.

This legendary product is MetaTrader 4 officially launched by Midas on July 1st, 2005.

Development of foreign exchange MT4 and MT5 platform rental and construction

Time goes back to November 27th, 2000. On this day, a software company named metaquotes software Corp was founded in Kazan, Russia, with a product fxchart. FX chart is an online trading platform with foreign exchange chart function. This foreign exchange software with chart function soon won the recognition of the market and quickly became the first batch of users.

However, less than a month after the launch of FX chart, on December 18, 2000, midak began a new project, metaquotes trading platform. This new platform no longer only focuses on the foreign exchange market, but also joins the transactions in the CFD market. At the same time, the new client also provides a built-in transaction programming language - metaquotes language (MQL). These measures have made many investors and financial institutions turn to this trading platform. (since then, all trading platform products of midak company have been accompanied by a new language, from MQL to mql2 to MQL4 and mql5)

Time is moving forward, and products are also innovating. By 2003, the developers of midak company had rewritten the program and developed the third product MetaTrader. Its function and efficiency were better than the new metaquotes platform of the original system. Besides foreign exchange and CFD markets, futures markets were added, and a new language (mql2) was also added.

In the same year, MetaTrader launched a mobile terminal of palm (MetaTrader 3 CE and MetaTrader for palm), which was very popular, and the platform eventually became a popular trading software in the market.

However, although the product has achieved great commercial success, the company's developers said, "a better platform is still being built".

Finally, on July 1st, 2005, MetaTrader 4 was officially launched. Although this product is also named MetaTrader, with the new serial number 4, almost everything about MetaTrader 4 is new, from the mobile terminal to the distributed architecture of the entire platform, as well as the new language MQL4.

This is a revolutionary product, which was destined to be used by more than 750 traders and banks to serve millions of traders around the world at the moment it was put on the market.

Advantages of MT4 and MT5

What are the advantages of MT4 and MT5? There are three main aspects: strong work performance, high reliability and extensive utilization.

1. Strong work performance

There is no doubt that MT4 and MT5 have been recognized by the market since they were launched on July 1, 2005. In October of that year, a new mobile terminal platform was launched, and it became the mainstream product in the market two months later. All these performances illustrate the strong performance of MT4 and MT5, which we won't describe here.

2. High reliability

Most brokers will also launch their own trading software, and the cost of developing and maintaining a trading software is actually very high, so why do brokers choose to do it themselves?

There are three main reasons. The software developed by itself has its own characteristics. On the one hand, it can have its own unique place. On the other hand, when ordinary traders use a unique product and then use other people's platform products, there will be an inadaptability. Based on this, it will increase the user viscosity of brokers; Third, compared with MT4 and MT5, the self-designed software is easier to adjust and set behind.

Although there are API excuses for the rental and construction of foreign exchange MT4 and MT5 platforms, plug-ins can be added, but compared with the broker's own software, it is more troublesome to make some improper settings, so MT4 and MT5 are more reliable.

3. Wide usage

In 2012, more than 90% of the world's zero trading volume was traded through MT4 and MT5 platforms, but today's proportion will be greater. In fact, millions of users are using MT4 and MT5, which are used by more than 5700 traders and banks. This means that if you want to change brokers, you don't have to adapt to MT4 and MT5 again, because the next broker is also using MT4 and MT5.

Disadvantages of cracked version MT4 and MT5

On the MT4 and MT5 websites of midak software company, you can find more than 750 dealers and banks used by MT4 and MT5, serving millions of traders; On the other hand, there are about 1000 domestic platforms, large and small. Even if a large number of white labels are thrown away, in the whole Chinese foreign exchange market, countless people may be using pirated MT4 and MT5. What are the disadvantages of pirated MT4 and MT5?

1. The market is good and bad, and the drop rate is high.

2. The platform version is too low, it can't be cracked, there are too many guiding vulnerabilities, calculation errors, automatic position closing, automatic order cancellation, automatic order change, margin calculation errors, no overstock, no order, etc.

3. Data sources often change.

MT4, MT5 true and false identification

In fact, there are many ways to determine whether MT4 and MT5 trading platforms are genuine or pirated, which are often mentioned by major websites, but generally based on the PC version of MT4 and MT5. Because the PC version is an independent installation package, many things can be cracked and modified. Piracy is now deeply disguised, and ordinary traders often cannot identify whether it is a pirated system or a genuine system.

Here are two ways to introduce to you. One is to leave a message on the official website, and midak will reply to you by email; There is also a direct search on the MT4 and MT5 mobile terminals, which is relatively simple. There is also a third way to look at the size of the installation package on the Internet. The genuine installation package is relatively small. What midak downloads is about 591k, which is generally around this size.

MT4, MT5 and MT5

From the price rise of MT4 and MT5 service fees on January 1, 2017, to the rumors that midak may stop updating MT4 and MT5 software, to the news that MT4 and MT5 main bids stop selling.

No matter whether these news is true or not, since 2017, the high frequency and strong promotion of MT5 by midak company has been obvious to all, and traders and investors in the market have begun to gradually accept MT5, which shows that this MT4 and MT5 software, which has been in service for 13 years, is moving towards a turning point.

After all, whether MT5 has richer financial products, more transaction time charts, more comprehensive analysis indicators, visibility of market depth, built-in liquidity, faster execution speed of mql5, etc., these better hardware conditions make MT4 and MT5 have no chance of winning in front of MT5.

However, just like Win XP, no one knows how long the user habits brought by the huge user group will last.

MT4 and MT5 are almost doomed, and it is only a matter of time when they will be replaced by MT5 and other trading platforms. However, it is undeniable that in the current and forward 13 years, until the moment of its birth on July 1, 2005, it is a great product, accompanying the growth of countless traders, witnessing the rise and fall of countless brokers, as well as the ups and downs of foreign exchange and CFD markets.

With the continuous optimization and improvement of national policies, gradually opening the foreign exchange market has become an important direction of foreign exchange reform. Foreign exchange is bound to become a wave of great opportunities for financial investment projects. Whoever can seize the opportunity will surely become the beneficiary of dividends!

The foreign exchange financial management market in China is about to usher in the era of blowout development, which is a gospel for investors and financial practitioners! 2019 is the outbreak period of foreign exchange investment, and China's foreign exchange market will enter a 20-year financial blue ocean!

Security of rental and construction of foreign exchange MT4 and MT5 platforms

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