MetaTrader is a widely used electronic trading platform designed for retail traders to access global financial markets. It is mainly associated with forex trading but also supports stocks, commodities, indices, and cryptocurrencies, depending on the broker.

MetaTrader is developed by MetaQuotes and comes in two main versions: MetaTrader 4 and MetaTrader 5. MT4 is focused primarily on forex and contracts for difference, while MT5 offers a broader range of markets, more order types, and advanced analytical tools.

The platform works by connecting traders to their broker’s servers. Once logged in, users can view live price quotes, analyse charts, place trades, and manage open positions in real time. MetaTrader supports multiple order types, including market, pending, stop-loss, and take-profit orders, allowing traders to control risk effectively.

One of MetaTrader’s strongest features is automation. Traders can use Expert Advisors, which are custom scripts that automatically execute trades based on predefined rules. These strategies can also be backtested using historical data to evaluate performance before live use.

MetaTrader also includes technical indicators, drawing tools, and customizable charts, making it suitable for both beginners and experienced traders. Overall, MetaTrader acts as a complete trading environment, combining execution, analysis, and automation in one reliable platform.