Is mt4 platform trading necessarily formal?

MT4 is the name of the software. It is a foreign exchange trading software provided by the Russian company MetaQuotes. It has a very high proportion of use in the foreign exchange trading market; similar to the great wisdom in China, it is not a securities company, but a securities company. The company provides trading software;

So when you ask: Is the MT4 platform formal, it should mean: Is the trader formal?

There are three main points to identify whether the dealer is formal:

Regulation (UK FCA, US NFA, Swiss FINMA is generally recommended) and other Australia/New Zealand/Cyprus are not very strict, but many such traders in China promote the market;

Trader history, The longer the better, at least more than 5 years of history is the best (5 years is a time that many small/new traders have not survived);

The background of the group needs to be carefully screened, and do not just look at advertisements; Searching for relevant information, many overseas, you need to speak good English, or consult professionals directly;

If only MT4 software is used to identify whether it is formal, it will not be of much use. Genuine MT4 software only costs less than 100,000 U.S. dollars;

If the other party uses pirated MT4 software, it can be screened;

Enter the dealer directly in the server column of the mobile version of MT4 If there is no name search, it may belong to pirated software, and the corresponding dealer must be very weak.