Germany is home to many forex brokers that have chosen the MetaTrader 4 (MT4) as one of their trading platforms. And that is perhaps not surprising, given that this is one of the most widely used trading platforms in the world. For various reasons, the platform remains popular among traders despite being developed all the way back in 2005.
Forex trading is popular in Germany, and many German traders originally learned their skills on the MetaTrader 4 platform. As a result, many of these traders are hesitant to migrate to other platforms. Even MT4’s successor, MT5, has struggled to compete since many of the trading algorithms developed for MT4 are not yet available on its successor.