MetaTrader 4 is a Forex trading platform that provides traders with access to foreign exchange. This is a powerful technical tool in trading, with the help of which traders can implement strategies of any complexity. Here are the key things you get with the MetaTrader 4 trading platform:
- in-depth technical analysis;
- reliability and security;
- multiple open windows using custom settings and indicators;
- multilingual interface;
- one-click trading;
- history of completed transactions by various parameters.
Let us show you how to download, install and open a trading account on the MT4 platform for Windows and other popular operating systems in a few easy steps.
MT4 system requirements
Like any software, MetaTrader 4 has a minimum set of requirements that must be met, such as a stable internet connection and mains power. See the list of minimum requirements below:
- Processor: 1 GHz or higher;
- Screen resolution: 800×600 or more;
- OS: Windows 7 or higher;
- RAM: 512 MB or more;
- Storage: Free hard disk space of 50 MB or more.
Be sure to check all this before topping up your balance and allocating time to learn how to use the program.
First, you need to have a valid trading account. If you don’t have an account, open one with a reliable broker you deem the best. Check if the company is regulated, operates in the country of your residence, and has the trading features required at your level of trading proficiency.
Once you have an account, go to the dashboard and select the MetaTrader 4 platform. Then download it.
How to install MetaTrader 4 on Windows
To download the MetaTrader 4 platform, go to your account dashboard, select platforms, select MetaTrader 4, and click the download button in the open window.
Run the program, then carefully read the Metatrader 4 license agreement before installing it (I know it’s a chore, but read it anyway) and accept it. Select the installation path.
After installing the software, launch it.
Then log in to your MT4 trading account using your account number and password, which you will receive via email from your broker.
And voila (you’re done). You now have your MetaTrader 4 trading platform ready to use.
Now let’s learn how to install this program on other devices.
MT4 on MAC
MetaTrader 4 was created for Windows and there is currently no MT4 version for MAC OS. Yet, the MetaTrader 4 website’s official page allows you to easily download the trading terminal to your computer via third-party software. The process is described in detail.
However, the software presented there is not completely stable, and some MT4 functions may not work correctly.
Now there is no need to be connected to a PC to make money in the markets: you can access your trading account and trade on the go.
Check if there is an official MT app in your app store. Apple deletes MT4 and MT5 from time to time, so don’t panic.
After installation, make sure you know what every button in the terminal is responsible for, and let the sky be the only limit you will come across.