Put the question to any number of traders in Malaysia as to what platform they cut their teeth on and you will likely hear MetaTrader 4 more than once. Newer options have come and gone, yet MT4 has held its own for years. additional info There is a reason for that. 
For most, it is just practical. I can tell you from experience, the first time I fired up MetaTrader 4 I was put off a little by it. The charts were all over the place, there were odd abbreviations and buttons I couldn’t make head nor tail of. It was like sitting in the cockpit of some small plane. Give it a few days and it begins to make sense. Most people find that to be the case. Why do Malaysian users gravitate towards it? Because it puts charting, market analysis and trade execution in one spot. You don’t need to be hopping between applications to get your work done. What Is MT4 For? In simple terms, it is a way to get to the financial markets via your broker. Whether you are trading forex, CFDs, commodities or indices depends on what your broker has to offer. Don’t let it confuse you, but the broker is the one giving you access, not the platform. Once you have an account set up, MT4 lets you put in trades, check prices as they happen and see what the market is up to. Some might say the interface is dated compared to the latest apps, but you soon come to value the simplicity. A flashy design does not put more money in your pocket. Don’t Underestimate the Charts An experienced trader will tell you he spends more time with his charts than actually placing orders. With MT4 you can look at price action from every angle using different timeframes. What seems like a quiet market on a daily view can be anything but on a five-minute chart. It is easy to get carried away trying to call every move, but that is a recipe for frustration. The better approach, as many here have learned, is to use the tools to find where the risk and the opportunity align. There is also the matter of customization. Some like a clean screen with nothing to distract them. Others will load up so many indicators you would think they are decorating for Christmas. And then there are the Expert Advisors for automated trading. But don’t let the automation fool you into thinking you don’t have to learn anything. Software can follow instructions, it has no judgment of its own. Before you put any real money on the line, you should probably open a demo account. It is the sensible thing to do. You can familiarise yourself with the order types and settings and if you make a mistake it is a lesson, not a loss. More to the point, it shows you how it feels when the market is moving against you and you have skin in the game. MT4 is popular because it is familiar and functional. You don’t need to be a technician on day one. Sure, there is a learning curve, but eventually the maze becomes a workspace and you are in control.
For most, it is just practical. I can tell you from experience, the first time I fired up MetaTrader 4 I was put off a little by it. The charts were all over the place, there were odd abbreviations and buttons I couldn’t make head nor tail of. It was like sitting in the cockpit of some small plane. Give it a few days and it begins to make sense. Most people find that to be the case. Why do Malaysian users gravitate towards it? Because it puts charting, market analysis and trade execution in one spot. You don’t need to be hopping between applications to get your work done. What Is MT4 For? In simple terms, it is a way to get to the financial markets via your broker. Whether you are trading forex, CFDs, commodities or indices depends on what your broker has to offer. Don’t let it confuse you, but the broker is the one giving you access, not the platform. Once you have an account set up, MT4 lets you put in trades, check prices as they happen and see what the market is up to. Some might say the interface is dated compared to the latest apps, but you soon come to value the simplicity. A flashy design does not put more money in your pocket. Don’t Underestimate the Charts An experienced trader will tell you he spends more time with his charts than actually placing orders. With MT4 you can look at price action from every angle using different timeframes. What seems like a quiet market on a daily view can be anything but on a five-minute chart. It is easy to get carried away trying to call every move, but that is a recipe for frustration. The better approach, as many here have learned, is to use the tools to find where the risk and the opportunity align. There is also the matter of customization. Some like a clean screen with nothing to distract them. Others will load up so many indicators you would think they are decorating for Christmas. And then there are the Expert Advisors for automated trading. But don’t let the automation fool you into thinking you don’t have to learn anything. Software can follow instructions, it has no judgment of its own. Before you put any real money on the line, you should probably open a demo account. It is the sensible thing to do. You can familiarise yourself with the order types and settings and if you make a mistake it is a lesson, not a loss. More to the point, it shows you how it feels when the market is moving against you and you have skin in the game. MT4 is popular because it is familiar and functional. You don’t need to be a technician on day one. Sure, there is a learning curve, but eventually the maze becomes a workspace and you are in control.