MetaTrader 4 - Desktop Trading Terminal

MetaTrader 4 is one of the most respected and user friendly Forex and CFD trading platforms available in the market today. With very few limitations, it remains as one of the most innovative and powerful trading platforms and is still favored by the vast majority of professional currency traders. After years of development its suite of analytic tools and algorithmic trading capabilities provide the user with a powerful platform from which to access the markets. Get started trading with MetaTrader 4 today!

MT4. Optimized.

'High Performance is achieved through fine details... not Broad Strokes.'

Fine Tuning The MetaTrader 4 Environment

Mt.Cook’s MT4 configuration can effectively process large volumes of trades to the real market via the MetaTrader GUI in under 20 milliseconds providing our clients with a significant operational advantage.

Furthermore, the bridge technologies used with both our multi-bank DMA feed and our aggregated ECN feed are highly efficient, and our MT4 servers share a home with some of the world’s top forex institutions, running within a fully dedicated computing environment and hosted in one of the most recognized and sound IT hub data centers on the planet (Equinix).

Without such optimization, these functions are often spread across multiple, disparate platforms, bridges and applications, creating operational complexity, and significant compatibility/integration issues. System performance suffers in such setups along with stability and speed which could ultimately impact the user’s bottom line.

To experienced traders, it is a known fact that not all MetaTrader configurations are created equal. We are heavy into optimization and frequent improvements, however minor they may seem, as they end up making a significant difference. Rest assured that Mt.Cook’s MetaTrader platform is finely tuned and highly efficient.

Key Benefits

EA/Algo Trading

Automate your trading and let an Expert-Advisor analyze markets and trade for you.

Multi-Device

Trade the markets from via MT4 from your desktop, your smartphone, or tablet.

MetaTrader Market

Buy or rent trading algos and technical indicators to raise your trading to a new level.

Trading Signals

Subscribe to a signal to copy trades of a community of traders.

Trader's Community

Read trading news and articles, chat with other traders and find out more about FX.

Advanced Orders

Flexible order management, trade execution, pending orders, and 1-click trading.

MetaTrader 4 Downloads

Mt.Cook runs two separate versions of MT4: Our ECN MT4 (most common) and our DMA MT4. Both platforms are available to download below.

MT4 ECN DESKTOP

Download ECN-MT4 for Windows Desktop

OPERATING SYSTEM REQUIREMENTS
- Windows Vista, Windows 7, Windows 8/8.1 or Windows 10 with 8MB ram

Install ECN-MT4 for Mac OS

Note: MT4 is not natively compatible or supported for the Mac OS operating system. Mac OS users can install the MT4 program however, using ``Wine`` - a free software that allows users of Unix-based systems to run an application developed for Microsoft Window.

Install ECN-MT4 for Linux

Note: MT4 is not natively supported or compatible with the Linux operating system. Linux users can install the MT4 program however, using ``Wine`` on the latest Linux version of Ubuntu.

MT4 ECN MOBILE APPs

Download MT4 app for iPhone / Ipad

SYSTEM REQUIREMENTS
- The MT4 iOS app is available only on the App Store for iPhone and iPad.

Download MT4 app for Android

SYSTEM REQUIREMENTS
- The MT4 Android app is available on the Google Play App Store and can be installed on compatible Android Smartphones and Tablets.

MT4 DMA DESKTOP

Download DMA-MT4 for Windows Desktop

OPERATING SYSTEM REQUIREMENTS
- Windows Vista, Windows 7, Windows 8/8.1 or Windows 10 with 8MB ram

Install DMA-MT4 for Mac OS

Note: MT4 is not natively compatible or supported for the Mac OS operating system. Mac OS users can install the MT4 program however, using ``Wine`` - a free software that allows users of Unix-based systems to run an application developed for Microsoft Window.

Install DMA-MT4 for Linux

Note: MT4 is not natively supported or compatible with the Linux operating system. Linux users can install the MT4 program however, using ``Wine`` on the latest Linux version of Ubuntu.

MT4 DMA MOBILE APPs

Download MT4 app for iPhone / Ipad

SYSTEM REQUIREMENTS
- The MT4 iOS app is available only on the App Store for iPhone and iPad.

Download MT4 app for Android

SYSTEM REQUIREMENTS
- The MT4 Android app is available on the Google Play App Store and can be installed on compatible Android Smartphones and Tablets.

Top MT4 Questions

Top questions we get about our MT4 Platforms

1. Which platform should I download and use? The ECN MT4 or DMA MT4?

This depends on which account you applied for, and which feed you wish to trade on. Our accounts team will provide you with the proper terminal to download for your account when your account is approved.

As a general rule of thumb, most clients trade on the ECN. You can download the ECN MT4 Platform here. DMA clients can download the DMA terminal here.

* Note: when connecting to your MT4 account via a mobile or table app, you need to connect to the corresponding server (ECN or DMA). The ECN server to search for is named: AtlanticPearl-Live 1 and the DMA server to search for is called MTCOOK-Live 5.

2. What server should I connect to?

ECN Clients should connect to the following servers:

  • Live Accounts: AtlanticPearl-Live 1
  • Demo Accounts: AtlanticPearl-Demo

DMA clients should connect to the following servers:

  • Live Accounts: MTCOOK-Live 5
  • Demo Accounts: MTCOOK-Demo

3. How come I cannot see the instruments I would like to trade?

To ensure you are seeing all the tradeable symbols associated with your account type, you may need to load all market symbols in to your trading terminal, as Metatrader does not always load them all by default.

You can do this by selecting ANY trading symbol in the market watch window, then right click it, and select “Show All”. This will load all the symbols for you, as shown below..

4. Which symbols sets/extensions should I trade on?

For ECN clients, the symbols you will trade on will not have any extension (example: EURUSD and XAUUSD etc etc…).

DMA clients will have either a “.” or an “x” extension depending on what liquidity source you are accessing (example: EURUSD. or EURUSDx etc etc…).

DEMO clients will not have any extensions on the symbol sets (example: EURUSD).

*NOTE: As per the FAQ above, to ensure you are seeing all the tradable symbols associated with your account, it is important that you load all market symbols in to your terminal, as Metatrader does not always load them all by default. You can do this by selecting any symbol in the market watch window, then right click, and select “Show All”. This will load all the symbols for you, as shown below..

5. Which languages are supported by MetaTrader?

Arabic, Bulgarian, Chinese (simplified, PRC), Chinese (Traditional, Taiwan), Croatian, Czech, Danish, Dutch, English, Estonian, Farsi/Persian, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Latvian, Lithuanian, Malay, Mongolian, Polish, Portuguese, Romanian, Russian, Serbian, Slovak, Spanish, Swedish, Tajik, Thai, Turkish, Ukrainian, Uzbek, Vietnamese.

6. How can I get detailed help in learning how to use and understand the MetaTrader 4 platform?

The best way to learn how to use all the features with MetaTrader 4, is to read the MetaTrader 4 Client Terminal User Guide – designed by Metaquotes themselves (the makers of MetaTrader 4). You can view and go through all steps of the user guide here: https://www.metatrader4.com/en/trading-platform/help.

If you are just learning how to use the platform, it is often a good idea to practice trade on a demo account first prior to trading live so you can familiarize yourself with some of the features.

Most people find the program very user friendly after using it for only a short while. When using the program, you can access the help docs at any time by pressing the “F1” key, or using the Help menu tab within the trading terminal.

7. How do I log in to MT4 from my smartphone or my tablet?

1.) You first need to download and install the mobile app. You can download the iOS app for iPhones and iPads here and for Android smartphones and tablets here.

2.) Once installed you must “Login to an Existing Account”, and search for the broker’s server to connect to.

ECN Clients should search for, and connect to the following servers:

  • Live Accounts: AtlanticPearl-Live 1
  • Demo Accounts: AtlanticPearl-Demo

DMA clients should search for, and connect to the following servers:

  • Live Accounts: MTCOOK-Live 5
  • Demo Accounts: MTCOOK-Demo

3.) After selecting your server, you will be prompted to enter your login (account number) and password. After entering these, click “Sign In” and this should connect you to your trading account.

8. How can I find the detailed specifications for the instruments I want to trade?

You can view the specifications for the asset classes you wish to trade on the following pages…

9. What is the GMT Time Zone / Offset for your MT4 Server(s)?

ECN MT4 Server (AtlanticPearl-Live 1) in NYC:
Server time switches between GMT +2 when Daylight Saving Time is not in use from October to March and GMT +3 for the remainder of the year when it is in use.

DMA MT4 server (MTCOOK-Live) in London:
Server time switches between GMT +2 when Daylight Saving Time is not in use from October to March and GMT +3 for the remainder of the year when it is in use.

* NOTE: If your EA or algo is sensitive to, or dependent upon calculating trade server GMT offset time, it is always best to double check the server times at each daylight savings time (DST) change-over in both the fall and spring, just to be sure, as we are subject to changes based on the datacentres where we lease our servers and rack space from and thus, Mt.Cook does not assume any liability in changes to our standard GMT Offset schedule, nor can we gaurantee it will always remain the same. You can track GMT time here: https://greenwichmeantime.com/ and the difference between this time and our server time will be your GMT offset (i.e. if GMT time is 03:00am and our server time reads as 06:00am, this means that our server GMT offset time is GMT +3).

10. Are there any restrictions on the type of trading I wish to do?

There are no restrictions to the type of trading you can do, however please note that highly sensitive or predatory strategies may not, or will not, work well in the live market. Extremely sensitive strategies such as tick scalping, hyper scalping, arbitrages, news-spike trading, or strategies deployed within spreads, are at greater risk of experiencing higher slippages or under performance, due to their sensitive nature, and the way real market participants process and book orders through MT4. Extremely sensitive and non-predatory strategies are best deployed via FIX API.

Ready to put your money to work?

Apply for a MetaTrader 4 account today! Approval is quick and easy, and takes less than 4 minutes. Tap in to one of the worlds best trading platforms and gain access the global financial markets.