![]() Double-click the trading instrument in the Market Watch window.Right-click on the trading instrument in the Market Watch window, then click New Order.Right-click on an instrument in the Market Watch.Click on an instrument to add them to Market Watch and click Close.Select from the list of symbol groups displayed.Right-click on the Market Watch window.Note: You cannot manage multiple MT4 accounts at once with MT4 if you wish to do this, we recommend MT4 MultiTerminal which is tailored to meet this need. You can switch between active trading accounts by going to File > Login to Trade Account - use the drop-down menu in the Login entry to choose any previously logged-in trading accounts. You can make switching for next time quicker by ticking Save account information. Sign in with your other trading account’s number, password, and corresponding server then click OK.While logged into your trading account, click File > Login to Trade Account.If successful, you will hear a confirmation chime which means you are now logged into MT4 with your trading account.Your password is the same as set in the PA. Under “ My Accounts”, click the 3-dot icon next to the trading account of choice, and select Account Information for the MT4 Login and Server. This information is in your Exness Personal Area (PA).Enter your trading account’s Login, Password, and Server, then click Login.A window that asks for your Login, Password, and Server will appear. For your first log-in: close the window titled “ Open an account” by clicking Cancel.When the installation is complete, click Finish to open MT4.You can modify where you install MT4 by clicking Settings for your preferences, or simply click Next to agree to the End-User License Agreement and continue.Run the file from your browser or double-click the installation file from where it was downloaded.The orders are trade requests to perform a trade immediately or upon meeting a certain condition. Trading operations in Forex are performed using market or pending orders. For example, trend indicators are most effective during strong price movements. The efficiency, accuracy and reliability of analytical algorithms and tools may vary due to market conditions. Technical analysis tools (various analytical objects and technical indicators) are used to forecast quote movement directions. Before applying to a broker for a live account, you may first want to open a demo account in MetaTrader 4 and trade virtual money to better understand the basic concepts of Forex trading. The broker provides access to the market, while the trading platform allows you to analyze quotes and perform trades. In order to become a trader and start trading in Forex, you should choose a broker and download MetaTrader 4 for free. For example, if you buy EUR/USD today at one price and sell it 6 months later for a higher price, you will earn a profit. Speculation is the core principle of profiting from Forex - buy low, sell high. For example, EUR/USD 1.3000 means that 1 EUR costs 1.3 USD.īesides, there are less popular currency pairs that can also be used for speculative trades. These are the so-called majors - exchange rates of one currency against another. The most popular currency pairs for trading in Forex are EUR/USD, GBP/USD, USD/JPY and USD/CHF. The following currencies are considered the most popular in Forex: USD (United States dollar), JPY (Japanese yen), GBP (Pound sterling), EUR (Euro), CHF (Swiss franc), CAD (Canadian dollar) and AUD (Australian dollar). Forex trading is conducted via global information networks 24 hours a day. Every day, banks, funds and private investors buy and sell different currencies equivalent to trillions of dollars, and this figure is growing. Use all these features for success in your Forex trading!įorex is a global currency trading market surpassing all other financial markets by its trading volume. MetaTrader 4 is a flexible trading system that offers advanced tools of technical analysis, Trading Signals, a Market of trading robots, mobile and algorithmic trading and much more. Having an impressive functionality, the platform is suitable for traders of all skill levels. MetaTrader 4 is the most popular trading platform for trading Forex financial instruments.
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