FxPro MT4 – MetaTrader 4 Platform Explained
FxPro MT4 – MetaTrader 4 Platform Explained
A complete guide to the FxPro MetaTrader 4 platform, including download options, login steps, key features, and how to trade effectively.
What is FxPro MT4?
Since its launch, MT4 has emerged as the favoured platform for countless traders globally. In this in-depth guide we will look at various aspects of FxPro MT4, from its desktop version to its mobile and web platforms, exploring its functionality, tools and benefits.
MT4 for PC
The MT4 PC trading platform provides everything a trader needs to chart assets, place orders and manage positions. Whether you are using a Windows or Mac system, the platform is available as a free download.
Key features:
- Trading currencies, metals, stocks, indices, energy and futures.
- Fully customisable interface to suit your preferences
- Access to over 50 preinstalled technical indicators
- Auto Trading and 24 analytical tools
- Micro-lots available
- One-click trading directly from the charts.
FxPro MT4 download for pc is easy! Try your best trading with the free legendary platform!
MT4 Trading Central Tools
With the integration of Trading Central indicators, MT4 empowers traders to level up their strategies. These exclusive analysis tools provide invaluable insights, helping traders identify new opportunities and make informed decisions.
To utilise the Trading Central service on the MT4 platform, follow these concise steps:
To utilise the Trading Central service on the MT4 platform, follow these concise steps:
- Log into your account and select "Trading Central" from the "Market" tab.
- Browse and select the financial instrument of interest from the left-hand list in the Trading Central dashboard to view detailed analyses and signals.
- Execute trades directly from the signals by clicking the "Trade" button next to the relevant signal and follow the on-screen instructions.
The Trading Central feature on MT4 is an excellent tool for traders who seek advanced market analysis and actionable trading ideas directly through the platform. By using the steps outlined above, you can effectively leverage this service to enhance your trading strategy and achieve better trading results.
MT4 for Mobile
You can now trade on your MT4 FxPro account using the Mobile App. Download the official app for free and securely after registering with FxPro. With MT4 app Mobile, traders can access the platform anytime, anywhere, directly from their mobile phones or tablets.
- Boasting 30 analysis indicators
- 24 analytical tools, and customisable chart layouts
- Fast trade execution
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Android, iOS and web versions available
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Mailbox and Custom push notifications
The mobile platform offers the same powerful features as its desktop counterpart, ensuring a seamless trading experience on the go. Manage positions, monitor the market and perform technical analyses right on the go from any Android or Apple device!
MT4 Webtrader
FxPro MT4 Webtrader gives traders flexible access to their accounts directly from any internet browser, without the need to install software. WebTrader is a brand new web-based platform that is easier to use, faster, more attractive and packed with new features.
Key features:
Key features:
- Trade from any computer, any operating system, any browser
- One-click trading
- Access to full account history
- Available in 37 languages
- 30 indicators and 24 analytical tools
- 3 chart types with 9 timeframes
- Secure data transfer
MT4 Multiterminal - Managing Multiple Accounts
MT4 MultiTerminal is tailored for traders needing to access several MT4 accounts at once. This platform enables the management of funds across multiple accounts from a singular master account, offering three distinct methods of allocation.
- Opening, closing and changing positions
- Simultaneous management of multiple MT4 accounts
- Lot allocation by set volume, total volume, equal parts, equity or free margin ratio
- 1-click trading
Whether trading on a PC, mobile phone or online, MT4 provides a seamless and useful trading experience, making it the platform of choice for traders around the world.
Interface
MT4 offers an intuitive interface designed to enhance trading efficiency. Its features:
- Flexibility that allows you to create a customised trading environment
- Customisable window and chart views
- Different colour schemes and layout options
Get a convenient navigation and unobstructed access to the main trading tools and functions on your PC or smartphone!
The MT4 platform is organised into several sections, each designed to assist with different aspects of trading:
- Chart Windows:Upon opening, MT4 typically displays four chart windows, each representing a different financial instrument. These customisable charts are crucial for visualising price movements and conducting technical analysis.
- Market Watch Window:Located to the left of the charts, this window lists various financial instruments along with their bid and ask prices. It's essential for quick viewing of market prices and selecting instruments for further examination or trading.
- Navigator Window:Positioned below the Market Watch, the Navigator window provides access to your trading accounts, indicators, scripts, and EA. This area allows for efficient management of your trading tools and resources.
- Terminal Window:Found at the bottom of the screen, the Terminal window contains multiple tabs that offer vital trading information and functionalities:
- Trade Tab: Displays all open MT4 orders and trades, including details such as the symbol, entry price, closing price, and current profit or loss.
- Account History Tab: Shows a record of completed trades and past account activities, including deposits and withdrawals, providing a view of your trading history.
Each of these sections is integral to navigating and utilising the platform effectively, helping traders manage their trades, view account activity, and access trading tools seamlessly.
Functions
No matter the device you use for trading on MT4, you will benefit from sophisticated features of the trading platform that are aimed at elevating your trading experience and boosting your market performance, thus potentially increasing your earnings.
Each platform has its own features, but let's highlight the main features of MT4 that distinguish it from other platforms:
- Over 50 built-in indicators for market analysis.
- 24 tools for analytical charting, supporting diverse trading styles.
- Variety in chart types and time-frames, with three chart styles and nine time options.
- Simplified trading with one-click operations directly from the charts.
- Customisable interface and charts to tailor your trading environment, plus the ability to add custom Expert Advisors (EAs) and indicators.
- Includes essential features like Trailing Stop, news feed, broker mailbox, and compatibility with both Windows and Mac.
Features
Use all the features for your best trading:
- MetaEditorAs an integral part of the MT4 terminal, MetaEditor allows you to create, modify and compile custom indicators and EA using the MQL4 coding language. This allows traders to automate their trading strategies and execute them with high accuracy.
- FxPro VPSFor uninterrupted trading, FxPro offers a Virtual Private Server (VPS) solution in cooperation with BeeksFX. With 24/5 uptime and reduced latency, traders can work seamlessly with their EA, ensuring optimal performance at all times.
- Expert Advisors (EAs)The MT4 supports a wide variety of EAs, indicators and scripts. To install an EA you have downloaded or created, click ‘File’ from the toolbar and select ‘Open Data Folder’. Inside the ‘MQL4’ folder, you will find another folder named ‘Experts’. Simply drag and drop your EA into the folder. It should now appear in the ‘Navigator’ window on your platform.
How and where to download?
To download any version of the platform or to begin trading with MT4 web-based, simply register with FxPro. You can access the platform you need absolutely free of charge and with full security. Start your FxPro MT4 download now!
PC
Downloading MT4 for PC on is straightforward; simply follow these steps:
- After registering, navigate to 'Quick Access' then 'Download Centre' in your personal account.
- Locate the 'FxPro MetaTrader 4 Platforms' section and select 'FxPro MT4 Client Terminal'.
- Choose your operating system to begin the automatic download of the file.
- Once downloaded, run the file to initiate the installation of MetaTrader 4.
For MacOs
To install the Metatrader 4 FxPro platform on your Mac, simply follow these steps:
- Download PlayOnMac:Start by downloading the PlayOnMac software.
- Locate the Installation File:Once downloaded, locate the .exe installation file in Finder.
- Open with PlayOnMac:Right-click the installation file and select 'Open with PlayOnMac'. This action will start the installation of MT4 in PlayOnMac.
- Follow On-Screen Instructions:Proceed by following the on-screen instructions to complete the installation.
- Access MT4:Once installed, you will see a shortcut to MT4 in PlayOnMac. Double-click on this shortcut to open the platform.
- Login:Enter your login details to start using the platform.
Mobile
To download MT4 on your mobile, first register with FxPro and log into your personal account from your mobile device. Then follow these steps:
- Navigate to the ‘Quick Access’-‘Download Centre’ section within your personal cabinet (FxPro Direct).
- Locate the ‘FxPro MetaTrader 4 Platforms’ area and select the ‘FxPro MT4 Mobile Platform’ option.
- Choose either iOS or Android as your operating system.
- You will then be directed to the official App Store or Google Play Store, where you can commence the download.
System requirements
Check your device to make sure it meets the minimum requirements:
- PC:Compatible with Microsoft Windows 2008/7/8/10 operating systems. Internet speed of 56 kbps or above. Requires macOS 11.0 or later and a Mac with Apple M1 chip or later.
- Webtrader:Access from any device through your internet browser (it is recommended to have updated browser versions)
- Mobile:Download Size-12 Mb, Android 5.0 and up, iPhone iOS 11.0 or later, iPadOS 12.0 or later, iPod touch 12.0 or later.
How to login
Logging into MT4 is straightforward and allows you to use the same username and password on both your PC and mobile phone. If you have multiple trading accounts, switching between them simply involves repeating the FxPro login to MT4 for each account.
PC:
To log in on your computer, follow the steps below:
To log in on your computer, follow the steps below:
- Open the FxPro MT4:launch terminal by clicking on the icon on your desktop or via the Start menu.
- Go to the account login menu:In the top menu of the terminal, click on the ‘File’ tab and select ‘Login to trading account’.
- Enter your details:In the login window, enter your account number, password and server. This information was sent to your email as soon as you opened an account in your FxPro personal account.
- Complete your login:Click the ‘Login’ button to access your trading account.
Mobile:
To log in on your mobile device, follow the steps below:
To log in on your mobile device, follow the steps below:
- Open the app:Launch the FxPro MetaTrader 4 app on your mobile device.
- Go to Settings:Tap on the settings icon in the bottom right corner.
- Existing account:Select ‘new account’, then ‘log in to existing account’.
- Server and details:Enter the server name, then your account number and password (these can be found in the email from FxPro in your email).
- Complete the login:Click the ‘Login’ button to start trading.
Available account types
To trade on MT4 you can open several types of accounts to choose from, you can read more about them in the table. It should be noted that the minimum deposit of $100 is advisory in nature and traders can deposit a smaller amount to trade on the ‘Standard’ account. You can find out more about it from the client support service after registering on the FxPro platform.
Right after registration you can open a FxPro demo account MT4 and try platform absolutely free! Just click to create a new account in your personal account!
Assets available for trading
You have the opportunity to trade a variety of Contracts for Difference (CFDs), including:
- Forex:Trade on the global currency markets with extensive currency pair options.
- Shares:Trading CFDs on major global company shares.
- Futures:Engage in futures contracts on commodities and other assets.
- Spot Indices:Trade on the performance of top global indices.
- Spot Metals:Invest in precious metals like gold and silver.
- Spot Energies:Trade on energy commodities such as oil and natural gas.
How to trade
To execute a trade on the platform, follow these steps to navigate the ‘Order’ window and set up your trade:
- Accessing the ‘Order’ Window:
- Right-click on the desired instrument in the ‘Market Watch’ window and select ‘New Order’.
- Right-click on the instrument’s chart, select ‘Trading’, and then click ‘New Order’.
- Click the ‘New Order’ button on the toolbar at the top of the screen.
- Setting Order Parameters:
- Symbol: Click the dropdown box in the ‘Order’ window to select your preferred trading instrument from the list.
- Volume: Set the trading volume in lots. For Forex, 1.0 lot represents 100,000 units of currency.
- Stop Loss and Take Profit: Set these levels by using the arrows to adjust or by entering the desired price directly into the boxes.
- Type: Choose ‘Market Execution’ to place a market order, or select ‘Pending Order’ to set a specific price for market entry.
- Placing the Trade:
- On MT4 Instant, select ‘Sell’ or ‘Buy’ to open a position in the desired direction.
- On MT4 Market, use ‘Sell by Market’ or ‘Buy by Market’ to execute the trade.
- Finalising the Trade:
- After placing your trade, click ‘Ok’ to close the ‘Order’ window.
To manage your open trades, select the 'Trade' tab in the 'Terminal' window at the bottom of the screen. For modifications, right-click on the desired trade and choose 'Modify or Delete Order', or double-click it. In the pop-up window, adjust your 'Stop Loss' and 'Take Profit' levels, then confirm by clicking 'Modify'. These levels will then be displayed as horizontal lines on the corresponding chart.
These steps ensure a structured approach to trading on the platform, allowing for precise and effective trade execution.
These steps ensure a structured approach to trading on the platform, allowing for precise and effective trade execution.
Advantages and Disadvantages
Advantages:
- Diverse Trading Instruments:Access to 6 classes of trading assets.
- Financial Analysis:The platform is provided with more than 30 inbuilt trading indicators and various charting tools.
- Automated Trading Capabilities:supports the use of trading robots and EA.
- Mobile Trading:The availability of the app for iOS and Android ensures that traders can manage their accounts and trade from anywhere.
- Customisation and Integration:Traders can enhance their trading experience by using indicators and scripts.
- Reliability and Security:High stability and robust security measures protect traders’ data, giving them peace of mind when trading.
Disadvantages:
- Limitations in Demo Accounts:The demo accounts might not offer the full spectrum of tools and features provided in the live trading environment, which can limit the learning experience for new users.
- Potential Fees:Traders need to be aware of possible fees associated with certain trading conditions and instruments, which might affect the overall profitability of trading.
Traders need to be aware of possible fees associated with certain trading conditions and instruments, which might affect the overall profitability of trading.
FAQ
FxPro is widely regarded as a reliable platform. It's used by traders worldwide and is known for its robust security features and stable performance. It is authorised and regulated by major financial authorities including FCA, CySEC, FSCA and SCB.
To connect your FxPro account to MT4, open the MT4 platform, click on ‘File’ at the top left corner, then select ‘Login to Trading Account’. Enter your FxPro account details, including the server information provided by FxPro when you opened your account.
While both platforms offer robust trading tools and capabilities, MT5 is newer and includes additional features such as more timeframes, enhanced graphical tools, better support for EAs, and the ability to trade stocks and commodities directly. MT4, however, is still widely preferred for its user-friendly interface and sufficient functionalities.
Register on the FxPro website, select your preferred platform (desktop, mobile), download the software, and run the installer. Follow the installation instructions and then launch the application to log in with your credentials.
Open the platform and navigate to the settings or help menu to check for updates. Download any available updates. Restart the platform to apply changes.
Launch the MT4 platform and enter your username and password on the login screen. Select the appropriate server if prompted and click the login button.
You need to uninstall it like any other application. On a Windows PC, go to ‘Control Panel’, select ‘Programs and Features’, find MT4 in the list of installed programs, click on it, and then click ‘Uninstall’. Follow the prompts to complete the process. On a Mac, you would typically drag the MT4 application from the Applications folder to the Trash.