How To Trade With Metatrader 4 On Your Mobile Device

2329

The Metatrader 4 app is a demo trading app that you can use to trade on your mobile device. It contains all the functionality of the “real” Metatrader 4, but it is only for demonstration purposes.

What is MetaTrader 4?

MetaTrader 4 is a trading platform that allows you to trade forex, CFDs, and precious metals on your mobile device. The MetaTrader 4 app is available for iPhone, iPad, Android, and Windows devices. With MetaTrader 4, you can trade anywhere and anytime!

MetaTrader 4 (MT4) is a widely used electronic trading platform for retail foreign exchange, developed by the Russian software company MetaQuotes Software Corp, which is currently licensing the MT4 software to almost 500 brokers and banks worldwide.

Advertisement

The MT4 platform is a very popular tool among currency traders due to its ease of use, its advanced features, and its ability to allow automated trading through the use of Expert Advisors (EAs). The MT4 mobile app brings all these features to your mobile device, allowing you to trade forex on the go.

Using the MT4 mobile app, you can access your account from anywhere in the world and trade forex on your mobile device. The app is available for both Android and iOS devices and can be downloaded from their respective app stores.

Once you have downloaded and installed the MT4 mobile app on your device, you will need to log in using your account credentials. Once logged in, you will have full access to your account and all the features of the MT4 platform.

How to trade Forex with the MT4 app

If you’re a forex trader, there’s a good chance you’ve used the MT4 platform. And if you’re like most people, you probably use it on your desktop or laptop computer. But did you know that you can also trade forex with the MT4 app on your mobile device?

Here’s how to do it:

  1. Download the MT4 app for your iOS or Android device.
  2. Open the app and log in with your account credentials.
  3. Select the currency pair you want to trade.
  4. Enter the amount you want to trade.
  5. Choose whether to buy or sell.
  6. Review your order and confirm it.
  7. Your order will be executed and you’ll see your position in the market in real-time.

How to use MT4 mobile trading

If you want to start trading on your mobile device, there are a few things you need to know. First of all, you need to have a smartphone or tablet that is compatible with the MT4 mobile trading app. Secondly, you need to have a live account with a broker that offers mobile trading. And lastly, you need to download and install the MT4 mobile trading app on your mobile device.

Once you have all of these things ready, you can start using the MT4 mobile trading app for your trading needs. The first thing you need to do is log in to your broker’s website and go to the ‘trading platform’ page. From here, you will be able to download the MT4 mobile trading app for your particular device. Once the app is installed on your device, you can launch it and log in using your live account credentials.

Once you are logged in, you will be able to access all of the features and functionalities of the MT4 platform on your mobile device. This includes being able to view live quotes, place orders, and track your open positions. You can also use the mobile trading app to manage your account settings and conduct market analysis.

Conclusion

Overall, trading with Metatrader 4 on your mobile device is a great way to stay connected to the market and make trades while on the go. Although there are some limitations, such as not being able to access all of the features of the desktop platform, mobile trading can be very beneficial for busy traders who need to stay active even when away from their computers. With a little practice, you’ll be able to execute trades quickly and efficiently using your mobile device.