How to Install and Use MT4 for Windows

The MetaTrader 4 (MT4 for windows) platform was conceived in 2005 by MetaQuotes Software Corporation to help traders manage what is arguably the largest and most active financial market in the world, the forex market. The platform quickly gained a considerable user base worldwide and by 2021, was said to have amassed approximately 8 million global traders.

Popular MT4 features

There are many reasons that MetaTrader 4 is so widely used. The platform largely appeals to traders due to its powerful trading tools and features. It is also renowned for its ability to manage the volatility of the forex market and mitigate risk effectively. The MT4 platform offers robust analysis tools, algorithmic (automated) trading, trading robots (EAs), trading signals, technical indicators, and more. It caters to millions of traders with a wide range of needs and accommodates most trading strategies.

A closer look at MT4

MetaTrader 4 has become the go-to trading platform for traders everywhere. Let’s take a deeper dive into why that is.

User experience

MetaTrader 4 offers an intuitive user experience to both new and professional traders. Navigation has been made easy to simplify access to an extensive range of trading tools. The platform is also customisable to the requirements of an individual trader. Its client terminal further enhances usability by accommodating the language needs of traders almost everywhere. MT4 can also be accessed from a broad scope of devices and operating systems, expanding trading opportunities.

MT4 analytics capabilities

MT4 has powerful analytics functionalities that include:

• 30 built-in technical indicators,
• More than 2000 free custom indicators
• 700 paid indicators
• 24 analytical objects (e.g., channels, shapes, lines, arrows, etc). Objects can be manually applied to charts as well as indicator windows.

A trader can also use the MT4 platform to identify market trends and speculate on price movements (up or down).

Timeframes and charts

MetaTrader 4 offers an unlimited number of charts with advanced capabilities to help traders optimise their trades. Charts can be tailored to the needs of the trader, to which a variety of indicators and graphical objects can be added. Every symbol on the MT4 platform can also be displayed in 9 timeframes allowing for a more accurate assessment of the market and better-informed trading decisions.

Algorithmic trading

С algorithmic or automated trading, a trader can use MetaTrader 4 to build, test and use trading robots (using MQL scripting language) and technical indicators. The trading robots are used to execute and manage trades (removing the human factor) using trading signals. While trading robots are considered advantageous for their speed and accuracy, and by reducing psychological influence on forex trading, they do come with risk. Constantly monitoring how your trading robots are performing is key to avoiding losing a lot of money.

Flexible trading system

The MetaTrader 4 platform offers a flexible and convenient way to trade, regardless of the complexity of one’s trading strategies. This is made possible by different types of order types and execution that include:

• 3 execution modes
• 2 market orders
• 4 pending orders
• 2 stop orders
• Trailing stop

Backtesting

With MetaTrader 4, brokers can backtest trading strategies, to evaluate different trading models using historical market data. Through the insights acquired on how these strategies perform, the trader is able to better modify their own trades in real life.

Financial news and alerts

With MT4, traders have access to the latest financial news while alerts can inform you about certain events so you can prepare and make the right trading decisions.

MetaTrader for Windows

The MetaTrader 4 platform is supported by Windows. This means you can trade a variety of financial instruments directly from your desktop.

Trading with IronFX

IronFX is an award-winning global broker. Its MT4 trading platform gives traders access to extensive tools to maximise trading profits. Through IronFX, traders have access to 500+ tradable instruments across 6 asset classes (futures, forex, shares, indices, commodities and metals). The broker also offers several account types to suit different types of traders and an impressive variety of forex resources.

Downloading MT4 on Windows

The MetaTrader 4 trading platform can be downloaded onto your desktop or laptop via the IronFX website or the Client Portal.

Website

• Visit the IronFX website and select Платформы.
• On the drop-down list, select MT4.
• Scroll down the page and click on Скачать MT4 to download and install the Metatrader 4 platform.
• You will also find an MT4 Windows guide at the bottom of the webpage explaining how to download, install and use MT4.

Client Portal

You can also download MT4 on your computer via your Client Portal.

• Click on Trading Platform on the left of your dashboard
• Select the Windows version.

Logging in to MT4 for Window

Once the MT4 trading platform has been downloaded and installed, follow the process hereunder:

• Log in with an existing account or open a new account.

• Go through the list of brokers and select IronFX.
• Enter your real or demo account login credentials (username and password provided in your IronFX welcome email).
• Start trading.

MetaTrader 4 Advanced for Windows

IronFX also provides MetaTrader 4 Advanced, giving you access to the industry’s most current trading features.  This includes automated strategies and built-in functionality to use trading robots. This platform offers front-end terminals and back-office reporting functions, as well as the fundamental tools required for market analysis and to develop of trading strategies.

Become a strategic trader with IronFX

Choosing a forex broker requires research. It may even be useful to open a demo trading account to get a feel for the platform and service a particular broker offers. IronFX in particular is renowned among brokers internationally. With more than 1.5 million clients, the broker has gained popularity for its expertise, support and forex know-how.

IronFX offers traders a wide range of trading tools and financial instruments to increase and enhance their торговля на рынке Форекс opportunities. Informative educational resources, including podcasts, webinars, videos, blogs and more, combined with daily expert market updates will help you to become a more strategic trader. This is in addition to multilingual 24/5 customer support, flexible leverage, tight spreads and quick executions.  

Disclaimer:

This information is not considered investment advice or an investment recommendation, but instead a marketing communication. IronFX is not responsible for any data or information provided by third parties referenced or hyperlinked, in this communication.