How to open live account in MetaTrader 4
MetaTrader 4 is one of the most useful applications for every experienced trader. The platform offers numerous features for professionals, starting from complex financial and analytical indicators for copying deals and setting notifications. MT4 enables you to use both demo and live accounts. If you’re skilled enough to use real money for trading, it’s time to open live account in MetaTrader 4!
THow to open live account?
- Download MetaTrader 4 executive file and install the application on your PC, tablet or mobile phone. The process of downloading and installation usually lasts a few minutes and is absolutely quick and easy.
Note: If you have already been using MT4, you may skip this step, since the program is already installed on your machine.
- To open the live account at MetaTrader 4 go to your Profile tab and chose Open a new account.
A new window that offers to create new account, called Open account (Demo/Real) will appear on your screen. Open account (Demo/Real). Then fill out the form using some tips.
The most important field is Account type, where you will need to choose Real account.
Other fields should be filled out as follows:
- Account type - Standard or Micro. These types have some differences in the amount of initial deposit, maximum equity, minimum volume of deal and leverage. Choose the one that better suits your needs.
- Leverage: it can vary from 1:1 to 1:400
- Account currency
- Then you will need to provide some personal information, such as your date of birth (only for the first real account) and secret word.
Secret word is a special combination of letters, provided by MetaTrader 4 user that will be used for the client’s identification outside the profile, for example, live chat, e-mail, phone, as well as a few procedures in the user’s Profile. The secret word is provided only when opening the first real account.
- Read and accept all the needed documents, such as Terms and Conditions, Risk Disclosure and Client Agreement.
That’s all! Now you can start using the system and earn real money.