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As mentioned above, a MetaTrader 4 demo account is free to download and use. Here, you’ll be able to test out the platform using virtual funds. However, launching a live account is a bit different.
MetaTrader 4 Administrator - is designed to remotely manage the server settings. MetaTrader 4 Manager - designed to handle trade inquiries and manage customer accounts. MetaTrader 4 Data Center - a specialized proxy server and can be an intermediary between the server and client terminals. It reduces the price quote sending load on the main server.
MT4 ECN Bridge is a technology that allows a user to access the interbank foreign exchange market through the MetaTrader 4 (MT4) electronic trading platform.MT4 was designed to allow trading between a broker and its clients, so it did not provide for passing orders through to wholesale forex market via electronic communication networks (ECNs). [1]
Cent account balance is indicated in cents, which helps beginners get accustomed to seeing sums of many thousands on their accounts. Cent account is a kind of a transitional stage between demo and dollar accounts being a first step into a real trading, an opportunity to decrease the minimum available position size to 0.0001 of a standard lot.
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Plus500 is an Israeli-founded London-based firm that provides online trading services in contracts for difference (CFDs), share dealing, futures trading and options on futures.
FXCM, also known as Forex Capital Markets, is a retail foreign exchange broker for trading on the foreign exchange market.FXCM allows people to speculate on the foreign exchange market and provides trading in contract for difference (CFDs) on major indices and commodities such as gold and crude oil.
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