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Is it a scam to have foreign exchange MetaTrader4?
MetaTrader4, or MT4 for short, is not a scam, but an international third-party foreign exchange trading software, neither a trader nor a trading platform. The premise of using MT4 is that the trader has paid the right to use MT4. When a trader buys the right to use MT4, he will have his own server in MT4 trading software for investors to use.

Therefore, MT4 is not a trading platform, but an international third-party foreign exchange trading software. The safety of investors' funds has nothing to do with MT4, but with whether the traders are formally regulated.

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Precautions:

1, a secure foreign exchange mt4 platform usually has a friendly, professional and patient customer service team. If the customer service of a platform is slow to respond, arrogant, or evasive and inconsistent in answering questions, it will expose security risks from the side.

2. On the regular foreign exchange trading platform, the leverage is around 1: 100. Due to leverage, 1 00000 USD should have been invested to cover the transaction of1lot, and only 1000 USD was needed as the margin for the transaction.

3. Because foreign exchange speculation can enlarge the amount of capital control, the usual ratio is 100: 1. It means that $ 1000 can control $ 100000. Then this function of capital amplification is like a double-edged sword, and high returns are accompanied by great risks.

4. Prudent investors usually control the maximum loss at a time within 10%, so the profit will be more stable and long-term. So the goal should be a good investor, not a speculator.

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