If you are planning to participate in a prop trading challenge to try and qualify for a funded account, then you will want to use a trading platform that you feel comfortable with. If that is MetaTrader 4 (MT4), then you will be pleased to know that there are many prop firms with the MT4 platform for you to choose from.
MetaTrader 4 is one of the most popular trading platforms that is used by millions of CFD traders all over the globe. The MT4 platform is well known for its user-friendly interface that makes it easy to navigate whilst it can be fully customised according to your own preferences. It has a short learning curve which makes it a top choice for beginners, whilst it has enough powerful features and functionality to meet the needs of even the most demanding of traders.
You can use MT4 for manual and automated trading with expert advisors. The platform is packed with an abundance of trading tools for conducting in-depth market analysis across all of your favourite financial instruments and asset classes, including forex, stocks, indices, commodities and cryptos. You can also find thousands of free and paid add-ons to further enhance the possibilities of the already robust platform.
MT4 is available for desktop, web and mobile. The web platform runs directly in most modern web browsers which means you do not need to download or install any software. The MT4 mobile app is great for those of you who need to access your funded account and trade whilst on the go. However, the MT4 desktop platform is the most powerful and is needed if you plan to run automated trading systems. Whatever your experience level or trading style, MT4 has got you covered.
If you are a fan of the MetaTrader 4 platform, then you will be pleased to hear that there are plenty of prop firms with MT4. Therefore, you don’t need to base your decision solely on the prop firms that have MT4, but other important factors such as the profit share, scaling plan, trading rules and conditions. Make sure you consider the trading challenges that are available and if you feel that the profit targets and other objectives are achievable. Read prop firm reviews and ask for proof of payouts to ensure you are dealing with a reputable company that can be trusted.