MT4 belongs to the software name, which is a foreign exchange trading software provided by Majdak company in Russia, and occupies a very high proportion in the foreign exchange trading market. Similar to the great wisdom in China, it is not a securities company, but provides trading software for securities companies;

So what you are asking: Is the MT4 platform formal or informal? Should it be: Is the trader formal or informal?

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

Supervision (generally recommended for FCA in the UK, NFA in the US and FINMA in Switzerland) is not strict for other Australia/New Zealand/Cyprus, but many domestic distributors of this kind promote the market;

Dealer history, the longer the better, at least 5 years of history is the best (5 years is when many small/new dealers have not survived);

Group background needs careful screening, don't just look at advertisements; Search for relevant information, many overseas people need good English or consult professionals directly;

If we only use MT4 software to identify whether it is normal or not, it doesn't have much effect. MT4 genuine software only needs less than $65,438+00W;

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

Enter the dealer name directly in the server column of MT4 for mobile phone. If not, it may belong to pirated software, and the strength of the corresponding dealers is definitely weak.