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.

TomWillacy
TomWillacy
United Kingdom
2175
Followers
179
Copiers
TomWillacy
TomWillacy...
26.38%
LSThomas
LSThomas
Norway
1197
Followers
126
Copiers
LSThomas
LSThomas
28.99%
ykforex
ykforex
Sri Lanka
2926
Followers
91
Copiers
ykforex
ykforex
93.34%
lucidd
lucidd
Canada
1535
Followers
91
Copiers
lucidd
lucidd
8.78%
MCR1234
MCR1234
United Kingdom
636
Followers
60
Copiers
MCR1234
MCR1234
38.84%
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