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Weltrade, an offshore forex broker, said on Thursday it has included the web-based version of the MetaTrader 4 (MT4) trading platform to its offering. The broker already offers the rest of the MT4 platforms, which are for desktop (Windows, Max, Linux) and mobile (iOS, Android) devices.
MT4 is the world’s most widely-used forex trading platform. It has support for a wide range of forex, contracts for difference (CFDs) and futures instruments. The platform is developed by Russia fintech company MetaQuotes, which is also the creator of the MetaTrader 5 (MT5) platform.
MT4 users can download ready-made or create their own trading robots (Expert Advisors, or EAs), scripts and custom indicators in the MQL programming language. With its outstanding charting package, auto-trading capabilities and signal copying, the platform is user-friendly and even novice traders can easily find their way around it.
The web-based platform was released in September 2015. Unlike the other versions, the WebTrader doesn’t need the installation or download of any additional software, since it is accessed directly from any device and browser. It supports all types of trading operations, one-click trading, and graphical objects and has 30 indicators for technical analysis, several timeframes, and reliable data protection.
It is used by the majority of forex brokers, including those that offer their own platforms. The list of major brokers that supported the MT4 WebTrader include RoboForex, AxiTrader, Exness, OctaFX, Orbex,and Fortex.
Weltrade offers trading in forex, precious metals and contracts for difference (CFDs). It was set up in 2006 as SystemForex and was rebranded in 2012. The broker is based in Belize, where it received a forex broker license in December 2015 from the International Financial Services Commission (IFSC).
It has four representative offices – in Russia, Ukraine, Belarus, and Thailand, as well as 126 regional partners in Europe Asia, Africa, and Latin America. Weltrade has more than 100,000 clients in nearly 20 countries, including Russia, the Commonwealth of Independent States (CIS) (former Soviet countries) and some Asian countries.