Automated trading strategies
The MT4 trading platform gives you tools to create automated trading programs known as expert advisors (EAs). You can either build your own EAs to suit specific trading requirements or buy them from third parties. EAs let you:
Proprietary MT4 plug-in
Our suite of technical analysis packages can be used as a plug-in to your MT4 trading platform. This lets you:
Trade smarter with Metatrader 4 and OANDA
With the powerful MT4 trading platform, you can stay ahead and access important information on the go.
Metatrader 4 charts
View open orders and positions directly on your Metatrader 4 app charts.
Frequent updates
Indicator data refresh frequency: 5 minutes (premium) and 20 minutes (standard).
Valuable insights
Access net and cumulative order information and trade using retail pricing sentiment.
Use Expert Advisors
Build and use automated analytical and trading programs to save time.
Trade smarter with our how-to videos
Learn the basics about trading on MT4 and explore the premium upgrades.
Ready to start trading?
Open an account in minutes.
Already have a live trading account? It's easy to fund your account using one of the following payment methods.
Frequently asked questions
MetaTrader 4 (MT4) is a digital trading platform that lets online traders trade forex, analyze the markets, and leverage automated trading tools.
With a MetaTrader 4 download, you can access real-time pricing and trading, robust technical and fundamental analysis tools, multiple order types and execution modes, automated trading, and proven platform stability and security.
Yes. MT4 is a globally recognized, secure platform developed by MetaQuotes.
- Log in: Open MT4 and connect your OANDA account to it.
- Select pair: Pick a currency pair (e.g., EUR/USD) from the Market Watch panel to open a live chart.
- Execute: Click New Order, select your lot size, set optional Stop Loss or Take Profit levels, and click Buy or Sell.
MetaTrader 4 is a software to use in conjunction with your trading - it does not guarantee profits.
Trading FX on margin is high risk and not suitable for everyone. Losses can exceed investments.
Yes, you need a trading account managed by a brokerage.
You can’t, but you can trade crypto through our partnership with Paxos on our other platforms.
| Operating System / Device | OANDA US Compatibility |
|---|---|
| Windows | Native Desktop Application (full capability, EAs, custom indicators). |
| Mac (macOS) | Supported via WebTrader or Windows emulation software (Parallels/Wine). |
| iPhone / iPad (iOS) | Mobile App (available on Apple App Store). |
| Android | Mobile App (available on Google Play Store). |
Find out how to open and trade on MT4 with OANDA here.
You can’t deposit funds directly within the MT4 terminal, but can use your funds from your OANDA account.
A VPS (Virtual Private Server) is a cloud-based Virtual Desktop dedicated to hosting and running your MetaTrader 4 platform 24 hours a day, 7 days a week, without needing your personal computer or home internet to stay on.
Trusted by traders all over the world
OANDA has over 25 years of experience, with smart traders loving our leading tools, powerful forex trading platforms, and transparent pricing. This is combined with MetaTrader 4 which offers real-time price tracking instruments, automated trading systems, stability and accessibility, and a user-friendly interface. Access to both platforms allows you to take advantage of the best tools of each to enhance your trades.
Discover more about the power of OANDA and MetaTrader 4 with the OANDA MT4 user guide.
Three ways to trade, plus MetaTrader 4 and TradingView
Our range of platforms include OANDA web, mobile and tablet, as well as TradingView and MetaTrader 4.
Powerful partner tools and APIs
Identify potential trading opportunities using our powerful analysis tools and partner APIs.
Powerful partner tools and APIs
Identify potential crypto, forex and trading opportunities using our powerful analysis tools and partner APIs.