The web-based MT4 trading platform has recently been added to the list of platforms of forex brokers. After announcing the launch of MT4 WebTrader in early November, several brokers are reportedly following XM's lead. One of the newcomers with quite promising trading conditions, FirewoodFX, does not miss providing the MT4 WebTrader feature.

The MT4 version of WebTrader is the first web trading facility for FirewoodFX. Previously, this broker did not have a variety of trading platforms because it only offered MT4 downloads in PC, Android, and iOS versions. So, the launch of MT4 WebTrader marks a significant development from FirewoodFX to follow the trend of web trading.

MT4 WebTrader Journey

MetaQuotes' steps in developing MT4 WebTrader are quite impressive. The reason is, just earlier this year, the company reported plans to launch WebTrader. For some time, the web-based MT4 platform was still operating in beta, so it could only be used on a demo account. But the release of MT4 WebTrader by several brokers later this year signifies MetaQuotes' success in realizing the use of the platform on live accounts.

Although still unable to beat the download version of MT4, which is still a favorite among traders, more and more brokers are now offering WebTrader as an alternative platform. Trading with a web-based platform can make access easier because you don't need to download and install any application. Just by opening a web page in an internet browser, you can analyze the market and execute trades.

FirewoodFX MT4 WebTrader

The features of MT4 WebTrader provided by FirewoodFX include basic objects for technical analysis, nine timeframes, various types of orders, and transaction history. Although still limited, for the time being, the features provided seem to support basic trading activities and are in accordance with the main working principles of a WebTrader platform: simple, easy to access, and effective.

This platform is available not only for demo accounts but also for live accounts. You have to choose the demo or live server type when you log in for the first time. Besides, the MT4 WebTrader version in this broker is compatible with Windows, Mac, and Linux operating systems.

Not only up to date with the latest trends to present MT4 WebTrader, but FirewoodFX also has promising trading conditions. Unmitigated, this broker, which is still a newcomer, has been able to offer swap-free accounts, leverage up to 1:1000, fixed spreads, trading without restrictions on the use of EA, hedging and scalping techniques, and even fixed rates.