Why eToro doesn’t offer the MT4 platform

What is MT4?

Meta Trader 4 is a financial trading platform that is commonly used by foreign exchange brokers to provide traders with access to the online trading marketplace from their computers.

While the MT4 platform is anything if not comprehensive in the array of tools it offers to its users, here at eToro we see it as a representative of the old traditional financial trading industry as opposed to eToro’s disruptive socially oriented approach to the global markets.

Our alternative

eToro’s objective in founding the world’s first and largest social investment network is to simplify the way investors access the markets and open them up to ordinary people who just want to take control of their capital and pursue their financial goals.

We do so by eliminating the need for over-complex charts and indicators and presenting a social trading alternative – the eToro OpenBook. We replace price charts with trader performance charts, indicators with portfolio statistics, and trading signals with our Social Alerts mobile app, as part of our focus on crowd generated data as opposed to the traditional algorithm generated data.

Having said that, our WebTrader platform still provides all the manual trading tools that investors require for opening manual positions as well as Copy Trading positions. The online WebTrader platform comes complete with a charting suite (which includes a wide array of technical indicators), movable stops, orders, price alerts, economic news and calendar, and much more.
Our Mobile Trader app for Andorid and iOS, brings the WebTrader and all its core functions to the mobile environment, enabling you to trade on the go and manage your portfolio – anywhere, any time.

Most Followed Traders

See who the most copied traders are in the eToro social investment network. Filter by 3, 6 and 12 months and join the social trading revolution.

voador
voador
Portugal
3593
Followers
200
Copiers
voador
voador
7.00%
Markthandel
Markthandel
Germany
3776
Followers
200
Copiers
Markthandel
Markthande...
9.31%
ThePrestige
ThePrestige
Egypt
24938
Followers
156
Copiers
ThePrestige
ThePrestig...
4.26%
EduardoMelo
EduardoMelo
Chile
Followers
122
Copiers
EduardoMelo
EduardoMel...
24.82%
AlexanderMueller
AlexanderMueller
Germany
1139
Followers
76
Copiers
AlexanderMueller
AlexanderM...
13.48%
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