EBC MT4. Built for Gold.

I have tested MT4, MT5, cTrader, and proprietary platforms over 10 years of trading gold. MT4 is still the benchmark for XAUUSD. Why? Three reasons: (1) Every broker offers it — EBC, IC Markets, Wisuno, Pepperstone — you name it. (2) The execution is lightweight, no bloat. (3) The community of custom indicators and EAs for gold is unmatched. MT5 has more timeframes and features, but for pure gold trading, MT4 simplicity is an advantage, not a limitation.

Yes, your MT4 login works across all devices. I set my Fibonacci levels on desktop during the London session prep, then monitor entries on mobile during NY session. One tip: enable "One-Click Trading" on desktop for faster entries. On mobile, use "Quick Deal" mode — every second matters when gold moves $10 in a minute during NFP.

For gold trading specifically, MT4 vs MT5 breaks down to: • MT4: 9 timeframes, 30 indicators, simpler interface. Enough for 99% of gold strategies. • MT5: 21 timeframes, 38 indicators, more order types. Better for multi-asset traders. I use MT4 exclusively because I only need 4 timeframes — 1H, 4H, Daily, Weekly — and one indicator: Fibonacci. Everything else is market structure. MT5 is only necessary if you trade stocks, futures, or need the Economic Calendar built-in.

Gold scalping on MT4 requires a few specific settings: 1. Set your chart to M1 or M5 timeframe 2. Enable "One-Click Trading" (Tools → Options → Trade) 3. Add a 20 EMA and a volume indicator (not many needed) 4. Set your default stop loss in Tools → Options Most importantly: use a broker with tight spreads on gold. EBC offers spreads from 0.0 on XAUUSD during liquid hours — this is critical for scalping where every 0.1 pip matters. I personally do not scalp. I am a swing trader focusing on NY session structure with Fibonacci levels. But if scalping is your style, MT4 handles it well.

Download the indicator file (.ex4 or .mq4), then: 1. Open MT4 2. Go to File → Open Data Folder 3. Navigate to MQL4 → Indicators 4. Paste the file there 5. Restart MT4 or right-click on chart → Indicators List → Attach For gold specifically, I recommend: ATR (volatility), Volume indicator, and a simple moving average for trend context. Everything else is noise. Remember: I traded with 5,000+ indicators in my first year and ended up using only Fibonacci. Tools are not the edge — your process is.

Yes. MT4 uses 128-bit encryption for all data transmission — the same standard banks use. Your login credentials, trade data, and personal information are encrypted. However, security also depends on you: • Never share your investor password (read-only) • Use a strong trader password • Enable server-side protection (brokers offer this) • Avoid downloading MT4 from third-party sites — only from your broker EBC and Wisuno both provide the official MT4 build from MetaQuotes.

MetaQuotes does not offer a native macOS version of MT4. Here are your options: 1. Use WebTrader (best option) — runs in browser, no install needed 2. Use Wine or CrossOver to run the Windows version 3. Use a Windows virtual machine (Parallels, VMware) 4. Trade on mobile — MT4 iOS app is surprisingly capable I trade on a Windows desktop during NY session and use the iOS app for monitoring. The mobile app is good for checking positions but not for detailed analysis.

MT4 requires very little bandwidth — a stable 1 Mbps connection is enough for normal trading. The platform uses minimal data because it only transmits price ticks and order signals. What matters more is stability, not speed. A wired Ethernet connection beats WiFi for reliability. If you trade during NFP or major gold events, consider: • A backup 4G/5G connection • A UPS for power outages • A VPS if running automated strategies I trade from Singapore on a standard fiber connection. Never had an issue even during high-volatility gold moves.

MetaQuotes released build 1420+ with improved performance and security patches. Always use the latest build from your broker. For EBC: download from their official page (linked above). It comes pre-configured with their server. For Wisuno: they offer both MT4 and MT5 builds with FIX API for algorithmic traders. My recommendation: use the official broker build, not the generic MetaQuotes download. The broker version is optimized for their server, meaning fewer disconnections and faster execution.