How to Download and Install MT4?

By stats, about 59% of forex investors do everyday trading. They spend up to six hours each day analyzing the current situation in the market and making deals. Moreover, nearly 41% of traders perform as many as 20 and even more transactions monthly. Such intensiveness requires using reliable as well as convenient trading software. Otherwise, investors risk wasting time along with funds when fulfilling transactions. And this significantly decreases competitiveness. As a result, trading profit reduces too.

Numerous experts recommend applying MetaTrader 4 to avoid the issues above. The specified terminal was launched in 2005. So, it passed the test of time. Furthermore, plenty of traders praise this platform for its comprehensive interface and a great number of helpful functions. Specialists advise performing the MT4 download process on trustworthy brokerage sites (like fbs.com). That’s because unchecked online brokers often propose low-quality software or even terminals that are infected by malware.

MetaTrader 4 Downloading and Installation

MetaQuotes Software Corp. created MT4. The developer is well-known worldwide for its qualitative digital products. The company’s software is popular in China, Singapore, Cyprus, Australia, and many other advanced countries. Moreover, digital products created by MetaQuotes meet all international requirements. Thus, forex dealers may be sure of the legality and reliability of MetaTrader 4.

What to Do First

Initially, traders should find a trustworthy brokerage website. Next, the investors have to download the MetaTrader 4 setup file from that platform. Usually, it doesn’t take much time. Then it’s necessary to perform the following actions:

1. Run the installation procedure. Traders should lunch the downloaded setup file to do this.
2. Follow the installation wizard’s prompts. Here, dealers should also accept the license agreement. Specialists advise reading the treaty attentively before accepting its conditions.
3. Wait till the installation process ends. This commonly takes less than one minute.

After that, investors have to make a new account or log in to existing profiles to start performing transactions.

Features of the Sign-Up Process in MetaTrader 4

MT4 offers novice users demo and real profiles. The first one allows making deals by applying virtual funds. So, the demo account excels in the next advantages:

• possibility of learning the terminal and not becoming bankrupt;
• opportunity to test different trading strategies;
• ability to analyze current trends without the risk of losing real money.

However, experts don’t recommend employing demo accounts for too long a time. Otherwise, investors risk losing a sense of responsibility for the actions performed as a part of the trading process. That may happen because traders can get as much virtual money as they want. On the other hand, when investors make real transactions, the budget is limited.

New Account Creation in MT4

As a part of the specified process, traders should fill out a specific registration form. They should enter the following information in the questionnaire:

• personal data (it must match with the info in ID);
• email as well as a phone number;
• leverage they want to employ for making deals.

Nay, novice users need to come up with a strong password. Also, dealers should go through the verification procedure to get the right to withdraw the money they gained.

Primary Advantages of MetaTrader 4

MT4 stands out for its intuitive interface. Here, all the necessary tools, buttons, and sections are in prominent places. This assists in avoiding wasting time searching for a needed element. The other pros are:

1. Great possibilities to learn the terminal without third-party help. That’s because MetaQuote proposes comprehensive tutorials to its clients. Moreover, the developer offers dealers an online thematic forum.
2. Presence of digital trading advisers. Such robots assist in automating the investing process. So, dealers may save much time when using the advisers.
3. Testing module availability. This tool allows checking any trading strategy before employing it in real-life investing. Of course, the function doesn’t consider all the possible market factors affecting deals. The module allows for detecting inefficient trading tactics, though.
4. Availability of trading history. This assists in analyzing faults that were made within the investing process.

Nay, MetaTrader 4 offers its users to view the recent financial tidings in the news feed that is updated regularly, apply several chart types with various time-frames, and many more. Traders can get additional detail, for example, by visiting the blog on FBS official website.