The MT4 software is a product launched by the Russian MetaQuotes in 2001. Today, MT4 has become a market-watching software that integrates market analysis and trading orders. MT4 occupies an important position in the foreign exchange retail business trading sector, and almost 90% of foreign exchange brokers have chosen MT4 trading software.
However, with the development of the industry, more and more pirated MT4s are flooding it. The following is an inventory of how to effectively distinguish the authenticity of MT4.
Method 1: query on MetaQuotes official website
Enter the official website of MetaQuotes to check whether the platform MT4 is genuine. Generally speaking, this method is the most accurate. As long as it is a formal foreign exchange broker, the use of MT4 trading software must be registered with MetaQuotes. If your forex broker has not registered, it is likely to be a fake platform.
Method 2. View the digital signature of MT4 software
① Find the MT4 installation package of the platform (if you don’t know where the installation package is, you can click the MT4 software of the platform --- right click --- find the folder location);
② After finding the installation package file, right-click on the "terminal" application--properties;
③ Check the software's digital signature, validity period, issuer and other valid information. If it is pirated software, there is no digital signature information.
Method 3, MT4 interface query
①. After entering the MT4 trading software, select ---Help ---About in the menu bar to view the latest version information of MT4. MetaQuotes will update the trading software irregularly every year. If the update time of the MT4 trading software you use stays in the past and is far from the current time, then the software is likely to be pirated software.
It is worth noting that MT4 does not require us to manually update. When we click on MT4 one day, the software crashes, which means MT4 is automatically updated. Generally, after a few seconds, the system will reopen the software.
Method 4. Query MT4 server
Genuine MT4, especially well-known foreign exchange brokers, will set up their own servers around the world to ensure the normal and stable operation of the trading software. After entering MT4, you can find and select the server in the lower right corner of the software. If the platform provider you operate has only a small number of servers, then you need to be vigilant.
Method 5. Use MT4 to search and enter other platforms
What you need to understand is that MT4 trading software is just a carrier (just like our computer operating system, no matter you use Lenovo or Dell computer, you can use windows operating system), as long as it is a regular platform provider and genuine MT4 , can use MT4 to search and log in to each other. In other words, if you trade on platform A, you can log in with MT4 downloaded from the website of platform B. The pirated MT4 trading software cannot use this function.
①Open MT4 --- menu bar file --- open a new demo account --- add a new trader, can search each other and log in, then the MT4 can be considered genuine.
The above is roughly the way to distinguish the authenticity of MT4 on the computer side.
Generally speaking, when we download MT4 trading software on the computer, we first determine the platform provider. Downloading MT4 from the official website of the platform provider (regular) is a safe way. Generally, the MT4 file is not too large.
Mobile terminal
False software on mobile phones (take Apple as an example) is not common at present, but there are a few points to pay attention to.
①When downloading the mobile version of MT4, you only need to download it in the application store or App store, and you can also scan the QR code of the regular platform provider to jump to the download interface.
②When searching, just select "MT4". You must be vigilant. MT4 on a fake platform or an exclusive link of a certain platform have potential security risks.
③Look for the regular MT4 icon.
④The mobile version of MT4 does not have a platform, and all regular platform operators use it uniformly. Just search for the name of the platform provider on the mobile MT4 to find the platform.
On the whole, if you choose a regular broker, there will be basically no pirated MT4, so the key point is still to choose a regular platform provider. Of course, using the above methods can almost avoid the vast majority of pirated MT4 software on the market. If you have doubts about MT4, you may wish to use several methods to prove it.
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