The only platform offered by SquaredDirect is the MT4 platform.
With SquaredDirect MT4, you are assured of the following benefits:
- Multi-timeframe charts and various analysis tools.
- Opportunity to use custom software such as EAs and indicators.
- Trading signals from the MT Signal Trading Service.
The SquaredDirect MT4 offers desktop, mobile, and web-based versions. The desktop version of SquaredDirect’s MT4 can be used on computers with Windows, Linux and Mac operating systems. This is an improvement on many versions of the MT4 which are only compatible with Windows computers.
The mobile versions of the SquaredDirect MT4 are available on the iOS and Google Play stores. These are generic brands of the MT4 and only require the SquaredDirect login details.
Then, of course, there is the web-based version of the platform, which can be accessed from anywhere with a URL and login details. It is also optimized for mobile display, enabling traders with smartphones and tablet devices to use the browser-based version of the SquaredDirect MT4.
SquaredDirect’s MT4 platform is easy to use and this makes it suitable for beginners and indeed, all levels of traders.
Privacy & Security
“The structure of this forex brokerage, application of the time-tested anti-money laundering rules and high-grade cyber-security measures intended to make it harder to have trading funds stolen”
User verification is an integral part of the process of securing user data and account funds. The verification process entails the following:
- Submitting a copy of your international passport/drivers’ license/national ID card.
- Submitting a proof of address.
- Submitting a selfie of the account holder holding these documents.
Unlike what obtains in unregulated exchanges which are found in the cryptocurrency market, account verification in forex is a must and must be done before a trader can even operate the account.
Once the account is verified and functional, you can trade with the desktop, browser-based platform or mobile app.
The MT4 has traditionally been known to make the act of trading very easy. There are keyboard shortcuts to many of the functions on the platform. For instance, you can press the F8 button to change chart characteristics, if you do not want to use the long route of clicking Charts -> Properties. F4 opens the MQL coding interface. A lot of other shortcuts exist.
The browser-based platform is a lighter version of the desktop client.
Mobile Trading Platforms
“There is the mobile app for iOS and Google Play devices, as well as the web trader which is optimized for mobile”
The SquaredDirect brokerage also offers a mobile trading platform. There is a mobile app for iOS and Google Play devices, as well as the web trader which is optimized for mobile. Typically, the mobile app is a stripped down version of the platform which features candlestick and bar charts. These charts also allow for easy placement of indicators or use of EAs. So from a technical point of view, the mobile platform is an improvement on previous versions, since it not only allows trade entries to be made but also technical analysis. However, there have been few complaints of bugs that affect the ability to log in and stay logged in, as well as usage of those functions.
The full range of assets can be found on the mobile apps. Also, several functions that are found on the desktop version are retained in the mobile apps. These include charts, the ability to monitor trades and pricing, order history, all 9-time frames, and about 30 technical indicators. You can also use the demo account on the mobile apps, although you need to create a demo account on the main site.
“SquaredDirect MT4 offers the use of EAs, custom indicators, and connectivity to the MQL Marketplace”
SquaredDirect MT4 offers the use of EAs, custom indicators, and connectivity to the MQL Marketplace. Some of the trading tools/features of the SquaredDirect MT4 are:
Indicators, divided into a trend, momentum, Bill Williams, Volume and Custom Indicators.