The MetaTrader 4 platform, usually just referred to as MT4, is a highly popular trading platform among forex brokers in Australia and elsewhere. Although the platform was originally released all the way back in 2005, it remains incredibly popular among independent forex & CFD traders, largely thanks to the huge selection of trading strategies and custom technical indicators it contains.
MetaTrader 4 also comes with several advanced features not normally found in trading platforms designed for the Australian retail market. Among these features is the ability to perform accurate backtests of trading strategies. Additionally, users who wish to do so can also use the platform to program their own trading strategies with the unique programming language known as MetaQuotes Language 4 (MQL4).