Detailed explanation of MT4 software true and false identification

On the MT4 official website of Midak Software Company, you can find more than 750 traders and banks using MT4, serving millions of traders. On the other hand, there are currently about 1,000 large and small platforms in China, even if you throw away a large number of white labels, all over Chinaforeign exchange marketThere are countless people who are using those pirated MT4, so what are the advantages and disadvantages of MT4? How can we determine whether a software is pirated? Today's topic is to talk about the authenticity of MT4.

[Advantages of MT4]

What are the advantages of MT4? There are three main aspects: strong performance, high reliability, and wide usage.

1. Strong work performance

Powerful performance, there is no doubt that MT4 has been continuously recognized by the market since its launch on July 1, 2005. In October of that year, it launched the latest mobile end point platform, which became the mainstream product in the market two months later. All of this shows the powerful performance of MT4 itself. We will not describe it here.

2. Extremely high credibility

MostbrokerThe cost of developing and maintaining a trading software is actually very high, so why do brokers choose to do it themselves?

The main reasons are three. The software developed by itself has its own characteristics. On the one hand, it can have its own unique place. On the other hand, when ordinary traders use a unique product and then use other people's platform products, there will be a discomfort. Based on this, it will enhance the user stickiness of the broker. Third, compared with MT4, the software designed by itself makes it easier to make some adjustments and set up behind the scenes.

Although MT4 has an API excuse and can add plug-ins, it is more troublesome to make some improper settings compared to the broker's own software, which makes MT4 more reliable.

3. Wide usage

In 2012, more than 90% of the world's retail trading volume was traded through the MT4 platform, and today this proportion will be even greater. In fact, millions of users use MT4, and more than 700 brokers and banks use it. This means that if you want to switch brokers, you don't have to adapt to using MT4 again, because the next broker is also using MT4.

The disadvantages of pirated MT4

1. The market is good and bad, and the drop rate is high.

2. The platform version is too low, the crack is not good, there are too many loopholes in the guide system, the calculation is wrong, there will be automatic position squaring, automatic order elimination, automatic order change, wrong margin calculation, no explosion, no order, etc.

3. Data sources change from time to time.

[MT4 true and false identification]

Regarding whether the MT4 trading platform is genuine or pirated, there are actually many methods, and major websites often talk about it. However, it is generally based on the PC version of MT4, because the PC version is an independent installation package, many things can be cracked and modified. Piracy is now deeply disguised, and ordinary traders often cannot identify whether it is a pirated system or a genuine system.

Here are two methods to introduce to you. One is to leave a message on the official website, and Midak will reply to you by email; the other is to search directly on the MT4 mobile terminal, so as to compare. There is also a third method on the Internet to see the size of the installation package. The genuine installation package is relatively small. Midak downloads about 591K, usually around this size.

1. Leave a message on the official website to inquire

Just leave a message here, check whether your company is using genuine authorization, and Medak will reply to you.

2. Mobile phone authentication

You can search for the company name when selecting the server in the MT4 mobile version. If it is not an MT4 certified platform, it cannot be searched.

[Conclusion]

Of course, using genuine software does not mean that the dealer is regular, but there is one thing that genuine software is quite expensive to buy, and professional technicians need to be hired to maintain it, and the investment cost is relatively large. Generally, even if the black platform with genuine software is not very blatant to eat the customer's principal, it will not run away immediately.