The MetaTrader 4 is one of the best and most popular trading platforms in the world, and one that’s synonymous with buying, selling and speculating on currencies.
Having set the standard in forex trading since its inception in 2005, the MT4 has become highly popular and widely used amongst a global audience of investors, with this platform offering access to incredible levels of functionality, customisable charts and more than 50 technical indicators and analytical tools.
In this post, we’ll look at the system requirements for the MT4 on desktop and mobile devices, while asking which devices are most compatible with the MetaTrader 4 app?
System Requirements for the MT4
Interestingly, the MetaTrader 4 platform has been designed specifically for Windows, and you’ll need to ensure that your desktop device runs on the XP operating system or higher before downloading the app.
Arguably, RAM is a less important consideration, primarily because the MetaTrader 4 is not a data hungry program and is more than capable of handling simultaneous data requests and activity levels in real-time.
In fact, even the use of numerous terminals would struggle to consume any more than minimal memory when utilising the MetaTrader 4, so you should have no issues at all in this respect.
You can also access the MT4 on the Mac OS platform, so long as you have the special programs installer PlayOnMAC installed on your device.
Although this doesn’t guarantee perfect functionality of all trading and analytical functions on the MT4, it will enhance performance over time and ensure that you get the most of the experience as a desktop trader.
The majority of traders tend to access the MetaTrader 4 app while on the move, with Android established as having a dominant share of the marketplace. To download the MT4 successfully on an Google-powered smartphone or tablet, you’ll need to have the Android 4.0 operating system installed on your device and a minimum of 4.2 MB of free space on your chosen device.
If you own an Apple device, the MT4 devices can be easily downloaded so long as you’ve installed the iOS 7.0 version as a minimum requirement.
The good news is that this platform is compatible with iPhone, iPad and even iPod touch devices, while you’ll need to clear at least 12.5 MB of free space on your device before completing the download!
Which Devices are the Best When Using the MT4?
At present, it’s the iOS and Android platforms that dominate the marketplace, accounting for 98.4%) of all MT4 downloads as recently as 2015.
With this in mind, we’d recommend utilising the app on a viable and compatible smartphone, including the latest offerings from brands such as Samsung, Apple and Huawei.
From Android users, we’d recommend the Huawei P40 Pro as one of the best and most affordable options, with this device’s accessible pricing supported by a high-definition display and advanced 5G connectivity.