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What is a Trading Platform? Trading Platforms are means/software for traders which help them in choosing a deal by providing charts and various detailed information. Presently, there are many trading platforms available and their features and cost might differ from each other but ultimately all provide information to traders to make their trading, a lot easier. The best and the most widely used among these is the Meta Trader 4 Trading Platform. Meta Trader 4 (MT4): - MetaTrader 4 is widely used by the Forex exchange brokers who in turn provide it to their clients. It actually contains two components, client and server. The server component is used by the brokers whereas the client component is used by their clients/Traders. The traders, in their software provided, get to so the live trading currency values along with different charts and also can place their trade orders. MT4 in Fidelis: - Using MT4, the trader analysis the prices and hence make certain trade transactions. Fidelis is an ECN type Broker that work on MetaTrader 4 trading platform. Fidelis MT4 gives you ECN access to market giving you spreads as low as 0.0 pips. Choosing a right quote at the right time is something that is extremely important for a trader as a single second could make a difference of a several pip gain or a several pip loss. Fidelis Advantages:- 1. Provide very narrow spreads as low as 0.0 pips: Fidelis, with the help of ECN, offers lowest spreads possible in the market. Spreads start from 0.0 pips on EUR/USD, Sliver 0.0 pips and for gold its 5 pips. It also offers pricing up to 5 decimal places so that even the smallest movements in the market can be monitored and hence traders can profit form it too. 2. All Traders treated equally: For Fidelis, all traders that come to them are treated in the same manner; let it be an experienced trader or a newly joined one, irrespective of their account size. All orders are directly sent to the inter-banks. 3. Enhanced tools embedded: The enhanced tools help the traders to analyze the market very closely and easily and hence allow them to determine their exit and entry points. 4. Security: While trading, security should be of prime importance and should be kept in mind while choosing any broker. In Fidelis, there is a 128-bit encryption done at the data exchange/trade transactions carried out in the market. It uses a public-key cryptography (RSA) algorithm which ensures a very tight security system preventing unauthorized hacking of the trade transactions. 5. Chart Customization: Fidelis compares different quotes provided by the market makers and bring out the best quotes at the present time to trade upon. For achieving this it uses charts that are available in 9 time-frames. Traders can also customize the chart according to their use. This extensive customization of the charts is simply the best feature you could have. Fidelis MT4 trading platform allows users to trade directly and instantly by analyzing the different charts available. Apart from having all the above mentioned advantages, the user-interface that it has is extremely user friendly. You can also customize Alerts for your currency pairs such that you never miss your chance for maximizing the profit. Moreover, the Pop-Ups help you to see the live Forex prices of the market. In 2010, MetaTrader5 was released in the market. However, its uptake was slow and hence many Forex Brokers still use MetaTrader4 extensively worldwide.
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