Can you trade commodities on Metatrader 4?

Although MetaTrader4 was designed for online foreign exchange trading, investors can also trade hard and soft commodities, such as agriculture, energy, and precious metals.

You can trade commodities on MT4 in various ways:

• Direct investments in the commodity.
• Investments through futures contracts.
• Purchase shares in commodity-traded funds.
• Buy shares of stocks that specialize in commodities.

Commodity trading is a lucrative strategy if you pay attention to international headlines, read through reports, and pay attention to weather conditions in key commodity-rich areas.

You cannot trade commodities on MT4, but you can on MT5. Next-generation trading and tools offered by MetaTrader 5 allow traders to trade 500+ markets including commodities, stock, popular cryptocurrencies, FX pairs, and indices all on one platform.

Developed by MetaQuotes, Metatrader 4 is one of the popular trading platforms. For world wide traders, it is known for Forex trading, but you can not trade commodities there. However , Metatrader 5 has the option to do commodity trading. It has better charts, and advanced options from MT4. With vast options, you can trade over 500 markets along with commodities.