An application for trading on financial markets, MetaTrader 4 was developed and is supported by MetaQuotes Software. Despite its quite deep history (released in 2005), MetaTrader 4 has been one of the most popular and actual software for traders ever since. Its recipe for success can be explained by three words, availability, simplicity, and effectiveness.

1. Your funds are fully secured when you trade with financial brokerage company RoboForex.
2. After installing MetaTrader 4 you may need additional trading tools.
3. Any information contained in this site’s articles is based on the authors’ personal opinion.
4. This page presents the trading terminals available for trading on the financial markets.
5. It offers plenty of settings for trading flexibility and does not require networking needs such as low ping or VPS to join.
6. The burden of responsibility for decision making, which wears out a trader`s nerves, now falls squarely on the trading EA.

The MT4 web platform allows trading from different operating systems with no download of additional software necessary. MetaQuotes MetaTrader (Android) allows you to work on the financial markets and is fully compatible with MetaTrader4 and MetaTrader5 terminals for PC. Also, you have an opportunity to use a web version of MetaTrader 4 platform, which is supported by all available browsers. The MT4 web terminal offers the same features and performance as the desktop version, and is still available in all languages supported by RoboForex websites. Manage your positions freely and easily from any place in the world.

MetaTrader 4 installation

With RoboForex, you have the freedom to choose from a range of trading platforms, various asset classes, multiple account types, and low minimum deposit requirements. In this review, Benzinga describes the numerous benefits that traders can expect from this award-winning financial brokerage company. Therefore, we made additional https://xcritical.pro/ efforts to protect our liabilities to Clients through the Civil Liability Insurance Policy for brokerage companies up to 2,500,000 EUR. This program includes market-leading insurance coverage in case of risks that may lead to financial losses of clients (such as fraud, omissions, negligence, errors, and others).

In the country of your residence you should register an account with RoboMarkets Ltd (read more).

After connecting your trading account to a virtual server, your terminal data synchronization will be required. Upon the completion of this procedure, the copied terminal with all your settings will start operating on a remote VPS server. To open a demo account, go to your PMA Main Menu and proceed to Accounts — Open a new account — Demo account. Choose the MT4 trading platform, account type, leverage, deposit size; invent a password, and click Confirm. To start working in the application, you have to connect your real trading account or create a demo one (a virtual account intended for developing your trading skills). Demo accounts provide an opportunity to learn how to work with the terminal and check how efficient your approach to trading is without risks of losing your own money.

MT4 account types

For your convenience, Benzinga has compiled a chart comparing RoboForex with some of its online financial brokerage competitors shown below. You can find lots of trading robots on the Internet, but getting a profitable one is very difficult, and using every single one is exhausting and may result xcritical courses scam in depleting your deposit. That is why you are advised against buying the first advisor you come across. Many advisors demonstrate excellent results when tested on one currency pair, but perform poorly on others. It is better to use the advisor for those instruments that you have tested on.

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To open a position in MetaTrader 4, go to the main menu or click “New Order” icon on the toolbar. In the newly-opened, choose the trading instrument symbol and specify the position volume. Right here, one can set Stop Loss (for limiting possible losses) and Take Profit (for taking profit) levels. By default, “Type” field offers “Market Execution” and then there are two buttons, “Sell by Market” and “Buy by Market”. RoboForex does not accept U.S. clients, so it is not regulated in the U.S. and it lacks oversight from any U.S. financial markets regulator.