MetaTrader 4 is old (2005) by software standards but remains popular amongst most Malaysians for trading Forex. The platform was well-engineered to withstand the tests of time, so much so that it still remains the gold standard in many aspects. 
Brokers’ Support For MT4 Malaysia Many brokers licensed to operate in Malaysia offering Forex trading do provide access to the MT4 platform. This means that a trader is often free to choose any broker that they prefer without necessarily having to learn a new software to place trades. Good Charting Options Although the software’s charting package may appear dated to some, MT4 offers nine timeframes, more than two dozen pre-installed technical indicators, and the flexibility to load custom indicators. This allows traders to construct trading strategies using custom indicators developed on MT4’s own MQL4 programming language. Expert Advisors The MT4’s trading robots, or Expert Advisors (EAs) programmed in MQL4 allow automated trading of currency pairs based on predefined parameters and pre-tested strategies. Many traders across Malaysia trade the Forex market using EAs during their 9-to-5 jobs. MT4 Mobile It's mobile platform mirroring much of the desktop version’s functionality allows for seamless and quick checking of trades, placing of new orders or adjusting take profit/stop loss limits when away from more a computer. While the charting features are restricted on smaller screens, it is more than enough for managing one's positions on the move. One Click Trading MT4 offers an expedited one-click trading option which reduces the time spent clicking through order windows on other platforms when placing trades – a significant factor during periods of high market volatility. Secure Platform It encrypts trading data transmissions to and from the broker’s server to protect its traders’ financial data, ensuring a relatively safe and secure trading environment. Is MT5 Replacing MT4? Some newer traders consider the newer MT5 platform over MT4. While MT5 does support additional financial instruments and offers improved backtesting tools, it’s not entirely replacing MT4 among professional Forex traders as the latter is specifically optimised for FX. Demo Accounts MT4 Demo Accounts remain one of the simplest way to test out your brokers’ service including their trading speeds and spreads, as well as the overall functionality of the software without risking your hard-earned capital.
Brokers’ Support For MT4 Malaysia Many brokers licensed to operate in Malaysia offering Forex trading do provide access to the MT4 platform. This means that a trader is often free to choose any broker that they prefer without necessarily having to learn a new software to place trades. Good Charting Options Although the software’s charting package may appear dated to some, MT4 offers nine timeframes, more than two dozen pre-installed technical indicators, and the flexibility to load custom indicators. This allows traders to construct trading strategies using custom indicators developed on MT4’s own MQL4 programming language. Expert Advisors The MT4’s trading robots, or Expert Advisors (EAs) programmed in MQL4 allow automated trading of currency pairs based on predefined parameters and pre-tested strategies. Many traders across Malaysia trade the Forex market using EAs during their 9-to-5 jobs. MT4 Mobile It's mobile platform mirroring much of the desktop version’s functionality allows for seamless and quick checking of trades, placing of new orders or adjusting take profit/stop loss limits when away from more a computer. While the charting features are restricted on smaller screens, it is more than enough for managing one's positions on the move. One Click Trading MT4 offers an expedited one-click trading option which reduces the time spent clicking through order windows on other platforms when placing trades – a significant factor during periods of high market volatility. Secure Platform It encrypts trading data transmissions to and from the broker’s server to protect its traders’ financial data, ensuring a relatively safe and secure trading environment. Is MT5 Replacing MT4? Some newer traders consider the newer MT5 platform over MT4. While MT5 does support additional financial instruments and offers improved backtesting tools, it’s not entirely replacing MT4 among professional Forex traders as the latter is specifically optimised for FX. Demo Accounts MT4 Demo Accounts remain one of the simplest way to test out your brokers’ service including their trading speeds and spreads, as well as the overall functionality of the software without risking your hard-earned capital.