Popular trading platforms like MetaTrader 4 and MetaTrader 5 come with default functionality for initial setup and operations. However, you can make it even more versatile and efficient with additional plugins and API integration. It allows you to streamline and automate business processes depending on requirements.

As your business starts to expand, built-in functionality may fall short and forex brokers need APIs to simplify operations and manage potential risks. That’s why we recommend integrating JSON web API into MT4 to manage servers remotely via HTTP-enabled client.

What is JSON Web API?

It is a robust web API, hosted on a cloud platform for the least latency to manage servers from ASP/PHP/JS/Perl and automate tasks using PowerShell. It allows you to make financial analyses using Matlab and Excel.

MT4/MT5 servers can be handled remotely through HTTP-enabled devices. It can connect to the internet, via a website, mobile platform, computer program, or anything else.

How does JSON Web API Work?

MT4 JSON web API gives you the ability to create, request, update, and delete users, orders, and server settings, make deposits and withdrawals, change leverage, symbols’ stop levels, etc. You can use Matlab and Excel to connect to your server and make any kind of data analysis.

Built on a cloud interface, it runs 24/7 from different regions to provide the least data access latency. For more convenience, it comes with an administration portal available via your browser. You can manage new and existing employees’ access, create computer-to-computer accounts, and give permissions respectively.

Entities can change:

• MT4/MT5 server settings

• Symbol groups

• User groups

• Orders – create, update, delete

• Ask for more

Updates you receive in real-time:

• Price stream – aggregate and raw

• Symbol settings

• Accounts’ margin

• Account offline

Technical info:

• JSON payload/detailed errors

• Unlimited number of MT4/MT5 servers, sub-accounts, and application accounts

• 24/7 monitoring by various technologies

• Timely notifications

The emergence of brokers and traders has put the entire world of trading in the hands of MT4/MT5, APIs, and plugins. We recommend the MT4 server manager for robust trading tools, risk management, and proper execution.

You can opt for various modules and ready-to-use solutions to connect to any online payment system and deposit funds to traders’ accounts. You can request a practical demonstration of these products and learn more about best-in-class solutions for MT4/MT5.