MetaTrader 4 (MT4) is a versatile trading platform that allows users to trade various financial instruments, depending on the offerings of their broker. While originally designed for forex trading, MT4 also supports other asset classes through Contracts for Difference (CFDs).
1. Forex (Foreign Exchange)
- MT4 is primarily used for currency pair trading, including major, minor, and exotic pairs.
- Examples: EUR/USD, GBP/JPY, USD/CHF, AUD/CAD.
2. Commodities
- Many brokers offer CFDs on commodities, allowing users to trade price movements without owning the underlying asset.
- Examples:
- Metals: Gold (XAU/USD), Silver (XAG/USD).
- Energy: Crude Oil (WTI, Brent), Natural Gas.
3. Indices
- MT4 supports stock index trading via CFDs, enabling traders to speculate on major global indices.
- Examples: S&P 500 (US500), NASDAQ 100 (US100), FTSE 100 (UK100), DAX 40 (GER40).
4. Stocks & Shares
- Some brokers provide CFD trading on individual stocks from global markets.
- Examples: Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Microsoft (MSFT).
5. Cryptocurrencies
- Some MT4 brokers offer crypto CFDs, allowing traders to speculate on cryptocurrency price movements.
- Examples: Bitcoin (BTC/USD), Ethereum (ETH/USD), Ripple (XRP/USD).
6. Bonds & Futures
- A few brokers enable bond trading and futures contracts through CFDs.
- Examples: US Treasury Bonds, German Bunds, S&P 500 Futures.
Key Considerations
- The availability of assets depends on the broker you choose.
- Leverage, spreads, and fees vary across different asset classes.
- Some instruments may require higher margin requirements.
Before trading, always check your broker’s MT4 asset offerings and ensure they align with your trading strategy.
