MetaTrader 4, also known as MT4 that was released in 2005. It is an electronic trading platform widely used by global traders to trade in the foreign exchange market. The platform was developed by the MetaQuotes Software.
Recently they announced oil trading on MT4:
We are excited to report that you would now be able to exchange crude oil CFDs on the MetaTrader 4 platform. The entirety of our customers can exploit this profoundly unpredictable item, both on MetaTrader 4 and MetaTrader 5.
To begin exchanging oil, go to your MetaTrader 4, pick Vitality and afterward pick the benefit you might want to exchange—XTIUSD (West Texas Transitional/US Dollar) or XBRUSD (Brent Unrefined/US Dollar).
On the off chance that you exchange with a 1:500 leverage, your oil influence will be 1:50. On the off chance that you chose to exchange with a 1:200 leverage, your oil influence will be 1:20.