Best Online Trading Platform

The best commodity trusted trading platform software is the MT4 Commodity Trading software. This commodities trading software is one of the most common commodities platform that's used almost by every Commodities trader as well as almost every online broker.

In this learn MT4 trading platform tutorial we shall explain the MT4 Interface so that beginner traders wanting to begin learning this Trade charting software, can then begin from this lesson.

Best Online Commodity Software - MT4 Platform Workspace - Commodity Trading Trusted Trading Platforms

From above screenshot of the this platform MT4 trading software there are several toolbars as well as chart window.

You can download this online commodities trading platform from your broker's web site. Now after you download platform, then you'll need to learn one or two things about this commodities trading platform:

The first thing is how to setup this commodities trading platform after you download. For example if you download the Meta Trader 4 trading platform, you'll need to go to a broker first, register for a commodity practice trading account then after you register for a commodity demo account you'll be provided with a link where to download MetaTrader 4 commodities software.

Now once you download this commodities trading software, assuming you don't know much about Desktop PC computers, Open your Browser >>> Go to tools at the top left corner of your web browser next to 'file', 'edit', 'view' & click on tools, select download file location, (shortcut: once you open your web browser click CTRL+J or CTRL+Y), a down-load popup will popup with links to downloaded items. Select the software that you've just downloaded.

Installing MetaTrader 4

To setup this software after you've downloaded, open the download from where you downloaded, from there an setup wizard pops up and all you have to do is to follow the setup guide instructions. After setup the trading software will run automatically just like any other software. Read tutorial How to install MT4 commodities software.

You can open the MT4 platform from the begin menu>>> Programs or from the desktop shortcut that pops up as a desktop icon marked MetaTrader 4 after setup.

Demo Trading Account Opening and Log-in

To open an account in MT4 just click on 'file' & then on open an account, to login to an account just click on 'file' at the top right corner & click login from the drop-down menu that pops up.

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

Trading Platform Menu Bars & Tool-Bars

Menu Bar on MT4 For Navigating within the Software

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

Form the menu bar you can click on view tab and choose toolbars like in the above pictured screenshot, these menu bars can be used to set up trading platform charts, indicators, time frames, & others things like drawing trendlines & Fibo retracement areas & Fibo extension levels. To learn how to customize this platform software navigate to this MT4 Platform Lesson Section.

Now that we have looked at the toolbar & menu bar, we shall look at the main workspace interface of the MT4 commodities software.

Best Online Trading Platform

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

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

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

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

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

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

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

Advantages of MT4 Trading Platform

In the online market there are many trading platforms available around the internet. But among the top trading platforms best commodities software is the MT4 trading platform, it is the best Trade 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 aren't readily available to some residential areas and may be limited to office buildings. This is why it's best to select a platform which requires the minimum bandwidth, MetaTrader 4 trading platform. Even with the best connection, sometimes the connection may not be available and you may need to use an alternative connection like the modem. MT4 commodities software is the least expensive if you are on a modem. To even reduce further the inter-net band width usage go to market watch (Shortcut press CTRL+M), Right-Click on any commodity instrument, Choose 'Hide all', now the commodities trading platform will only stream the commodities trading price quotes for the pairs you only need & conserve your band-width even further. Especially when using a phone or i Pad or a Tablet where you are paying for phone credit data this can save your credit. This is one of the reason why the Meta Trader 4 trading software is considered as one of the best commodities platforms online.

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

Provided by all Brokers

Another reason why this Commodity Trading software is considered as one of the best commodities trading 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 commodities broker. You can still use the same Meta Trader 4 of the new broker without the need to learn a new commodities trading software all over again.

Easy Analysis

The other thing which makes this the best commodities software is the ease with which you can set up the technical analysis indicators on the commodities charts. Even those using various web traders will do their technical analysis in 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 technical analysis tools onto this commodities software. Others also install automated Expert Advisors on this commodities trading platform so as to trade automatically with these programs known as automated EA Robots.

Best Charts

The Meta Trader 4 has the best commodities trading software charts representations available and implements many chart time frames from which a investor can choose.

Simplicity

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

According to trading software reviews of the top trading platforms MT4 is the best commodities platform - Commodity Trading Trusted Platforms MT4 Commodities Trading Platforms. Therefore, commodity traders looking for what is the best commodities software can begin trading with the MT4 Commodity Trading software - Commodity Trading Trusted Trading Platforms - as it is the best commodities trading platform software & it's very easy to learn.