Think of the "platform" as the
roads and freeway system that connects all traders to the finanical markets
including forex. At the base level, everyone must be connected to the Internet.
On top of that layer of connection, all programs and systems must be able to
talk to each other.
All data must be stored some where, and all
users must connect to that some where - which is where the "platform"
comes in. So, there are many data-centers around the World, and they all update
each other so that there are many copies of the same information in many
places.
When anything ever happens - either a trade
or a piece of news - all the servers are updated super-fast, and all of us are
connected to this information by means of the platform.
Every vendor of a forex trading robot or
expert advisor has chosen to make his pruct "talk to" the World via a
platform. By a very large margin, MetaTrader 4 is the platform of choice used
by almost every company I have found so far.
It overcomes language issues, computer
operating system issues, and works across all Internation jurisdictions. Therefore,
MetaTrader 4 is the best and most widely used solution for brokers, the banks
and financial companies, dealing centers and of course the vendors of
robots/advisors. The main advantages of the system are:
- Coverage of financial markets
The trading platform MetaTrader 4 covers all International
brokerage and trading activities at Forex, Futures and CFD markets. It is what
is used for all reporting and news services.
- Multi-currency basis
The system is designed on a multi-currency
basis. It means that any currency can serve as a general currency used in the
operation of the whole complex in any country and with any national currency.
- Economy and productivity
the data transfer and processing protocols
used by MetaTrader4 are notable for their economy. This means that low powered
server such as a Pentium 4 2 GHz, 512 DDR RAM, 80 GB HDD can handle several
thousand traders at the same time. Its new protocols reduce both the demands on
datalink and the cost.
- Reliability
Everything at the server end is backed up in several places. And these backups
are synchronized. So if there ever was damage to the history it allows
everything to be restored. Historical databases can be restored within several
minutes, with the help of another MetaTrader 4 server.
- Safety
To provide safety, all the information exchanged between parts of the complex
is encrypted by 128-bit keys. Such solution guarantees safekeeping of information
transferred and leaves no chance for a third person to use it. A built-in DDoS
attacks guard-system raises the stability of operation of the server and the
system as a whole.
DDoS is where a person may use thousands of
infected computers to attack the MetaTrader4 server. DDoS-attacks resistance is
therefore very important. What they do is hide the IP address of the server,
and filter the incoming attacks. Data Centers also have a built-in DDoS-attacks
protection systems. So the DDoS protection is at many levels.
- Multi-lingual support
MetaTrader 4 supports different languages,
and a Multi-Language Pack program is included into distributive packages. It
provides translation of all program interfaces into any language. With the help
of Multi-Language Pack you can easily create any language and integrate it into
the program.
by: Phil Jarvie
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