Platform

The best cfd trusted trading platform software is the MetaTrader 4 CFD software. This platform is one of the most common cfd software that's used almost by every trader as well as almost every online broker.

In this learn MT4 trading platform tutorial we shall explain the MetaTrader 4 Interface so that beginner traders wanting to start learning this charting software, can then start from this guide.

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From the above screen-shot of the this platform MT4 software there are several toolbars as well as chart window.

You can download this online cfd trading platform from your broker's website. Now after you download platform, then you will need to learn one or two things about this cfd software:

The first thing is how to setup this cfd software after you download. For example if you download the MetaTrader 4 platform, you will need to navigate to a broker first, register for a cfd demo trading account then after you register for a cfd demo account you'll be provided with a link where to download MT4 cfds software.

Now once you download this cfd software, assuming that you do not know much about PC computers, Open your Browser >>> Go to tools on the top left corner of your webbrowser next to "file", "edit", "view" menus click on tools, choose download folder place, (shortcut: once you open your browser click CTRL+J or CTRL+Y), a down-load popup will popup with links to downloaded items. Choose the software that you've just downloaded.

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To setup this software after you have downloaded, open the download from where you downloaded, from there an setup wizard pops up & all you have to do is to follow the installation instructions. After set up the platform will run automatically just like any other software. Read tutorial How to install MetaTrader 4 cfds software.

You can open the MT4 platform from the begin menu>>> Programs or from the desktop short-cut that pops up as a desktop icon marked MT4 after installation.

Demo Account Signup & Log-in

To open an account on MetaTrader 4 just click on "file" & then on open an account, to log in to an account just click on "file" at the top right corner & click sign in from the drop down menu that pops up.

Once yousign in to the cfd platform you will get access to charts and other technical analysis tools such as indicators that you'll then use to place trades within the cfd market while connected to your broker's servers.

Platform Menu Bars and Tool Bars

Menu Bar on MetaTrader 4 For Navigating within the Software

Menu bar is used to operate and navigate this platform from one single panel. From this panel you can set how to view tool-bars, chart, data window & even use the file tab to open a account - and also login to your platform account.

Form the menu bar you can click on view tab & choose tool-bars like in the above pictured image, these menu bars can be used to set up cfd trading platform cfd charts, indicators, time frames, and others things like drawing trend lines and Fib retracement areas and Fib expansions. To learn how to customize this platform software navigate to this MetaTrader 4 CFD Software Tutorial Section.

Now that we have looked at the tool-bar & menu bar, we shall look at the main work space inter-face of the MT4 cfds software.

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Market Watch window - This window panel is used to show a stream of the exchange rates that is obtained from your trading broker. In this market watch window you can right-click anywhere on this window panel to select show all cfd instruments or hide the ones you are not interested in and save some bandwidth at the same time. No need to have cfd prices for 50 cfd instruments if you are only interested 4 cfd instruments.

Data Window - Used to setup Indicators, EAs and scripts, you can click any of this menu sub items & expand/collapse the indicators or EAs used for automated trading.

Charts Panel - This is where the price moves will be drawn.

Charts Tab - Navigation from one cfd to another is easy, just flip through the charts tab as pictured above.

Terminal - This window panel is used to display a statement of your trades, profits & loses that you have made in your live trading account or demo trading account. To expand this window and view open trades, just hover the mouse on terminal tool bar until the cursor changes, click & hold down mouse button key & then move cursor upwards.

Connection bars - These are used to show connection to the net, red bars mean no net connectivity, green bars show there's internet connectivity.

Exchange Rates Graph - this displays the exchange rates for the cfd instruments that you're trading so as to display if the exchange rate is going upward or downwards.

Why MT4 is Best CFDs Software

In the online cfd market there are many platforms available around the internet. But among the top cfd softwares best trading software is MetaTrader 4 trading software, it is the best CFD software because of the following reasons:

Low Bandwidth Connection Requirement

Not everyone can afford the best internet connection, the T1, the satellite, ADSL or Fiber Optic internet connection: furthermore, these are not readily available to some residential areas & might be limited to office buildings. This is why it is best to select a cfd software which requires the minimum band-width, MT4 trading platform. Even with the best connection, sometimes the connection might not be available & you might need to use an alternative connectivity like the dial up or modem. MT4 cfds software is least expensive if you are on a modem. To even reduce further the inter-net band width usage go to market watch (Short-cut press CTRL+M), Right-Click on any cfd instrument, Select "Hide all", now the cfd trading platform will only stream the price quotes for the pairs you only need and conserve your band-width even further. Especially when using a mobile phone or i Pad or a Tablet where you are paying for phone credit this can save your credit. This is one of the reason why the MetaTrader 4 platform is considered as one of the best platforms online.

The easier it's to connect the easier it's open and close trades on time.

Provided by all Brokers

Another reason why this CFD software is considered as one of the best cfd software is because MT4 is liked by most traders all brokers provide it. Once as an investor learns the MT4 trading platform there's no need to re-learn when you switch to another broker. You can still use the same MT4 of the new broker without the need to learn a new cfd software all over again.

Easy Analysis

The other thing that makes this the best cfd software is ease with which you can set up the analysis technical indicators on the charts. Even those using various web traders will do their technical analysis on MT4 platform and then place their orders on their web trader.

Technical traders can also install custom technical indicators on this software, making it easier to add more analysis tools onto this cfd software. Others also install Automated EAs on this platform so as to trade automatically with these programs known as Automated EA Robots.

Best Charts

The MT4 has the best platform charts representations available and implements many chart timeframes from which a investor can choose.

Simplicity

Overall the simplicity of this platform software & the fact that any investor can learn how to use MetaTrader 4 platform within one hour makes this the best trading software for new & experienced traders.

According to cfd software reviews of the top cfd softwares MT4 is the best platform - CFD Trading Trusted Trading Platforms MetaTrader 4 Platforms. Therefore, cfd traders looking for what is the best trading software can start trading with the MetaTrader 4 CFD Trading software - CFD Trading Trusted Platforms - as it is the best platform software and it is very easy to learn.