How to register Metatrader 4? This is a question that many beginners want to know and this is where you will find the answer.
Metatrader 4 is a platform aimed at forex traders. on this occasion will discuss a complete tutorial on how to register Metatrader 4 for beginners. Forex trading itself is a foreign currency exchange transaction, which in Indonesian is also known as foreign exchange or foreign exchange.
Forex trading is now increasingly in demand. This is because selling foreign currencies is considered to offer high benefits and in a short time. But keep in mind that forex trading also has a high risk. But with the help of Metatrader 4, it is possible for traders to reduce the risk of loss and reap big profits. This is a full explanation of how to register a metatrader.
What is Metatrader?
Simply put, Metatrader is an application for forex trading. CVD investment also uses metatrader 4.
Metatrader 4 was first released in 2005 which is specially designed for forex, futures and CFD trading. Metatrader 4 is made by a company called MetaQuotes Corp.
The goal of metatrader itself is to support forex trading with medium to high investment value.
This application, also known as the MT application, can actually be a learning tool for novice traders. Metatrader 4 is supported by advanced facilities and tools for stock market analysis.
Advantages of the Metatrader 4 platform
Before discussing how to register for Metatrader 4 , you must first know the advantages of the Metatrader 4 trading platform.
Metatrader 4 can be used and accessed on various platforms. Such as cellphones (android/iOs) and laptops or computers. Especially on Windows, Mac, Android and iOS operating systems. Facilitates various types of trading products such as Forex, CFD, Futures and Indices and Commodities. The Metatrader app is available in many languages.
Pijya internal email system so forex traders can instantly get information about forex news, messages from forex brokers, etc. Easy to export data, both softcopy and print data.
Supports various execution technologies, both Market Execution and Instant Execution. It has been equipped with encryption which is updated regularly so that it is proven to have a good security system.
Please note that this MetaTrader application is not an application created by a broker, but made by a specialized forex trading tool development company, MetaQuotes Corp.
So if you want to change brokers, just change to a broker that also uses the MT application so that traders don't have to adjust from scratch with other forex trading applications. Then how to register Metatrader 4 for beginners?
How to Register Metatrader 4 For Easy Forex Trading For Beginners
For forex trading, prospective traders must first have an account, both a real account and a demo account.
How to register Metatrader 4 , traders must first register with the chosen forex broker. The data needed to register a real account include: Email address. Scan ID card for data verification. Don't forget to add your bank account. Bank account for deposit and withdraw funds.
Traders can then directly install the Metatrader 4 Hp trading application (Android/iOs) or on the desktop, after having an account.
Please open the official website at https://www.metatrader4.com/ Then traders must login first.
Account number and password to login can be seen in the email on account registration. AYou will see a green connection status if successful login.
Then, you can continue to use Metatrader 4 to start trading forex transactions.
Metatrader 4 features
In order to more easily understand how to use Metatrader 4, traders must first understand the features found on the Metatrader 4 platform.
1. Can be used for Demo Account
The advantage of using Metatrader 4 is that it can be used on demo accounts and real accounts . The features on the real and demo accounts are the same, except for the type of money, the demo account money uses virtual money and the real account uses real money.
2. Have Different Types of Orders
There are 3 types of order types, namely market order types, pending order types, and other order types. Types of market orders are divided into 2, namely buy and sell which can be executed immediately. There are 4 types of pending orders, namely buy stop, buy limit, sell stop and sell limit. Also can be executed directly. Other types of orders include Take Profit and Stop Loss for automatic transactions, as well as Trailing Stops which are useful for maximizing profits.
3. Graphics and Indicator Facilities
There are complete facilities for charts and indicators, including interactive charts with 9 time frames that can help traders analyze the details of stock price movements in the market. Then the technical indicators include moving averages, Ichimoku, Bollinger, Fractal etc.
So, that was the information on how to register for Metatrader 4 for beginners . At a glance, we also discussed what Metatrader 4 is, its advantages, and how to use it. The use of Metatrader 4 itself is for trading, including forex trading. With this one tool or tools, it allows traders to study, analyze a stock market movement. This is because Metatrader 4 is supported by quite complete trading features.
