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MetaTrader Mobile – The Essential Trading App for Forex Traders

MetaTrader Mobile is the official, free companion app that puts the power of the MetaTrader 4 and MetaTrader 5 platforms in your pocket. Designed for active Forex traders who need to monitor markets and manage positions outside the office, this app delivers core trading functionality with reliability on both iOS and Android devices. Stay connected to global currency markets and never miss a trading opportunity.

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What is MetaTrader Mobile?

MetaTrader Mobile is the official mobile application developed by MetaQuotes Software for its flagship MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. It serves as a streamlined, on-the-go extension of your desktop trading terminal, allowing you to connect to your broker, manage live trading accounts, execute market and pending orders, and perform basic to intermediate chart analysis directly from your smartphone or tablet. It is the standard mobile solution for millions of Forex and CFD traders worldwide.

Key Features of MetaTrader Mobile

Full Trading Account Management

Access your entire MT4 or MT5 trading account from your mobile device. View your balance, equity, margin, and free margin in real-time. Monitor all your open positions and pending orders, and manage them with full control, including modifying take-profit and stop-loss levels or closing trades with a single tap.

Real-Time Trade Execution

Execute market orders instantly or set up pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) directly from the mobile interface. The app provides real-time streaming quotes for all symbols offered by your broker, ensuring you can enter and exit the Forex market at your desired price, no matter where you are.

Interactive Charting Package

Conduct technical analysis with a suite of interactive charts. View multiple timeframes, apply over 30 built-in technical indicators (like Moving Averages, RSI, MACD, and Bollinger Bands), and draw trend lines and graphical objects directly on the chart to analyze price action and identify potential trading setups while away from your desk.

Secure & Synchronized Platform

Enjoy a secure and reliable connection to your broker's servers. Your mobile trading activity is fully synchronized with your desktop and web platform terminals, meaning any trade you place on your phone will instantly appear on your other devices, providing a seamless and unified trading experience across all platforms.

Who Should Use MetaTrader Mobile?

MetaTrader Mobile is indispensable for any active trader using the MT4 or MT5 ecosystem. It is perfect for: Retail Forex traders who travel or have day jobs and need to monitor positions; Swing traders who want to check charts and manage stops without being tethered to a computer; Beginner traders learning to analyze charts and execute trades on a more accessible interface; and Professional traders who require constant market access for risk management and opportunistic entries, ensuring they are never disconnected from the markets.

MetaTrader Mobile Pricing and Free Tier

The MetaTrader Mobile application is completely free to download and use. There are no subscription fees or in-app purchases required for core trading functionality. The app is freely available on the Apple App Store for iOS devices and Google Play Store for Android devices. To use it, you simply need a live or demo trading account with a broker that supports the MetaTrader 4 or MetaTrader 5 platforms.

Common Use Cases

Key Benefits

Pros & Cons

Pros

  • Official and reliable app directly from the MetaTrader platform developer
  • Seamless synchronization with MT4/MT5 desktop and web platforms
  • Completely free with no hidden costs for trading functionality
  • Widely supported by hundreds of Forex and CFD brokers globally

Cons

  • Charting and analysis features are more limited compared to the full desktop MT4/MT5 platforms
  • Advanced Expert Advisors (EAs) and custom scripts cannot run on the mobile version

Frequently Asked Questions

Is MetaTrader Mobile free to use?

Yes, the MetaTrader Mobile app is completely free to download from the App Store or Google Play. There are no fees to use its trading, account management, or charting features. You only need a funded or demo account with a MetaTrader-supported broker.

Is MetaTrader Mobile good for Forex trading?

Absolutely. MetaTrader Mobile is considered an industry-standard tool for mobile Forex trading. It provides the essential functions—real-time quotes, trade execution, position management, and technical analysis—that Forex traders need to operate effectively away from their primary workstation, making it an excellent and reliable mobile solution.

Can I use indicators on MetaTrader Mobile charts?

Yes, MetaTrader Mobile includes a selection of over 30 popular built-in technical indicators, such as Moving Averages, RSI, Stochastic, and MACD. You can apply multiple indicators to charts across various timeframes to perform technical analysis on currency pairs directly from your phone.

Does MetaTrader Mobile work with both MT4 and MT5?

Yes, the single MetaTrader Mobile app supports connecting to both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) accounts. During the login process, you simply select your platform (MT4 or MT5) and enter your broker's server details along with your account credentials.

Conclusion

For any trader committed to the MetaTrader ecosystem, the MetaTrader Mobile app is a non-negotiable tool. It successfully translates the core power of the world's most popular trading platforms into a reliable, secure, and free mobile package. While it doesn't replace the advanced capabilities of the desktop version for deep analysis, it excels at its primary purpose: keeping you connected to your trades and the markets at all times. For managing risk, seizing opportunities, and maintaining peace of mind while on the move, MetaTrader Mobile remains the definitive mobile trading solution for Forex traders.