What is MetaTrader? PFR adds world recognised platform to its recommended software list for trading

April 21, 2010 - PRLog -- PFR released a statement today saying that its preferred software provider would be Metaquotes who offer the Metatrader MT MT4 and MT5 currency trading platforms.

What is Metatrader?

MetaTrader is an independent trading platform that was developed for trading forex, options, and futures.

MetaTrader is made by the MetaQuotes company and it was created in 2002. MetaTrader was one of the first truly programmable trading platforms that came complete with its own programming language.

MetaTrader is a software platform that is independent of the forex broker. The brokers that support using the metatrader platform do package their own versions, but the back end software is maintained by the MetaQuotes Software Corporation.

The metatrader platform is most well known for it's diverse technical analysis ability and the ability to run Forex Robots and Expert Advisors.

"We generally allow currency traders to use any online forex brokers platform.  Most of our systems run on Metatrader MT4 and MT5 but members have a diverse range of choices for using trading online forex tools.  Most brokers provide a online Forex trading platform in one form or the other to download a platform and we provide trading education in the room and therefore any online broker platform that the members are familiar with will suffice."

"We currently offer a free 2 week trial to the live forex trading room. simply go to http://www.proforexroom.com to register your details and have access to a members area with information such as videos, live trading room education for free for 2 weeks". "this offer is only available for a limited time" PFR said today  in a general release to members.

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Whether your new to currency trading or a seasoned trader, proforexroom is designed to either teach or follow alongside the traders in the room. Proforexroom is a live currency trading room each day during the European fx session in English & Italian.