MetaTrader 4

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Why MT4

About MetaQuotes

MetaQuotes Software Corp. is a B2B software development company established in 2000. Since its establishment, the company has achieved outstanding success in developing and delivering a stream of innovative products, services and solutions in the given field. Working with some of the world leading business, it has earned the reputation as a supplier of the most reliable software solutions. Today its most successful product, MetaTrader 4, is the most popular Forex trading platform in the world.

History

The company traces its origins back to 2000 when it released the FX Charts online trading platform. It was a truly revolutionary new product on the specialized Forex broker software market, and compared favorably with expensive and inefficient products of its competitors. Convenience, rich functionality, high operating speed and reasonable price were the key competitive advantages of FX Charts. These are the core values that have served the company since its inception and continue to serve as the guiding principles today.

The success of FX Charts exceeded all expectations, and the company got its first clients pretty soon. But this was only the beginning. After the trading platform quickly became a success, the company started to receive feedback from the clients. On the whole, the platform gained wide appreciation, although there were both complaints and constructive suggestions. And shortly thereafter, the developers embarked on a new project - the MetaQuotes trading platform.

The new platform was written from scratch and differed from its predecessor in its higher functionality and total optimization. MetaQuotes was designed not only for Forex, but also for the CFD (Contract for Difference) market. In addition to this, the new client terminal was supplied with a built-in language for programming trading strategies - the MetaQuotes Language (MQL). MetaQuotes was also very well received on the market and many traders switched to this platform.

Development of MetaTrader began a year later. Once again, the platform was written from scratch. Its functionality and performance were increased, making the entire platform by far more efficient than MetaQuotes. The Futures market was added to the list of traded markets, and the client terminal included a new language (MQL2).

With its built-in modernization resource, MetaTrader continued to develop and improve. The first mobile terminals (MetaTrader 3 CE and MetaTrader for Palm) were released in 2003 and quickly became very popular. The platform eventually became one of the most popular on the market. However, despite the product's commercial success, our developers decided that a better platform could still be created...

The new product was also called MetaTrader, but had the new serial number 4, as it was the company's fourth platform. The creation of this absolutely new, revolutionary platform took 20 months and was finally completed on July 1, 2005. But it was worth waiting for: well before it was released, dozens of brokerage companies announced their intention to switch to the new platform. Several months after the release the company faced increased demand from brokers.

Almost everything in MetaTrader was brand new: from the mobile terminals to the distributed architecture of the whole platform. Once again, the client terminal became the most functional and popular on the market. The new platform also featured the revolutionary MQL4 IDE - trading strategy development environment, a crucial step in the development of automated trading programs.

MetaTrader 4 today:

• the only market leader
• over 300 client base
• extended back-office infrastructure
• the best client terminal
• the best automated trading
• the best mobile trading

The possibilities offered by the MQL4 environment pushed the company to organize the annual Automated Trading Championship in 2006. Although the company was completely new to the event planning business, the competition went exceptionally well. It arouse great interest among traders and brokers and triggered the development of automated trading across the world.

To address the company growth problem, MetaQuotes Software Corp. developed a corporate management system. It had no name and was just called a CRM. The success of this system helped the company continue to grow and maintain its high efficiency. Working with the CRM and seeing its advantages, the company realized that many companies face the same growth and efficient management problems".

Recognizing that a good management system can be an asset to any business, MetaQuotes Software Corp. decided to create the TeamWox system, with "total simplicity" as its guiding principle. Everything about the system is simple: user-friendly interface, easy and quick installation, fixed fair price, etc. These characteristics make TeamWox Groupware compare favorably with its competitors. 

Development of TeamWox Groupware took two years, and the system was released on February 1, 2009. It was well received on the market and started generating profits for the company. The promising first sales results lead us to firmly believe in the successful future that lies ahead for TeamWox Groupware.