How to Download MetaTrader 4 on PC
When it comes to online trading, MetaTrader 4 remains one of the most popular choices for traders around the world. Ready to find out why? Keep reading to discover how to download MetaTrader 4 for PC.
The information in this article is provided for educational purposes only and does not constitute financial advice. Consult a financial advisor before making investment decisions.
How to Download MetaTrader 4 on PC
In order to download MetaTrader 4 for PC, you must be running at least Windows 7. In the following sections, we will guide you through how to download MT4 for Windows in 4 steps.
1. Register with Admiral Markets
In order to download MetaTrader 4 for Windows, you’ll firstly need to register with Admiral Markets. Once you’ve done this, or if you already have an account, log in to the Dashboard.
2. Download the MT4 Installer
Once inside the Dashboard, select ‘MetaTrader’ from the menu on the left-hand side of the screen. Here, you will find the download packages for both MetaTrader 4 and MetaTrader 5, as well as links to the MetaTrader WebTrader.
Select MetaTrader 4 at the top of the screen and then click ‘MetaTrader 4 for Windows’ to download the installation file.
3. Open the Installation File
Once downloaded, open the installation file and follow the instructions. You will need to read and agree to the software license agreement before being able to proceed.
After the installation process has completed, you’ll receive a confirmation message that the platform has been downloaded successfully.
4. Downloaded!
Following the successful download, MetaTrader 4 should open automatically. If it does not, then you can open the platform by locating the icon on your computer desktop.
How to Use MT4 on PC
Now the MT4 download process is complete, you can get started!
In order to use MT4 on PC, you will need to create either a live or demo trading account. If you don’t already have an account, check out our other article which explains the process: ‘How to Open a MetaTrader 4 Account’.
Remember, trading involves risks. Use a demo account to practise before transitioning to the live markets.
How to Login to MetaTrader 4 on PC
The first time that MetaTrader 4 opens, a dialogue box will be displayed prompting you to select a trading server to log in to an account. Select the relevant server and click ‘Next’ to enter your account details.
Placing Your First Trade
You can now start exploring the different features of MT4, viewing live price charts and placing trades.
Ensure you understand the risks of trading before placing a trade.
In order to open a price chart and place a trade, you will need to select the instrument you wish to trade from the ‘Market Watch’ window on the left of the screen. If Market Watch is not displayed, press Control + M to open it.
Once you have identified your desired instrument, right click it and select ‘Chart Window’ to open a price chart.
To open a position, right click anywhere on the chart, select ‘Trading’ and click ‘New Order’ and you will be presented with the screen shown below. Here, you can choose the type of order, enter the volume of the trade you wish to make and set a stop loss and take profit.
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Frequently Asked Questions
Is MetaTrader 4 available for Windows?
Yes, MetaTrader 4 is available on both Windows and Mac Operating Systems.
Can I download MT4 without a broker?
Whilst you may be able to download MT4 without a broker, you cannot trade on the platform without a broker.
What are the requirements for MetaTrader 4 PC?
You must have at least Windows 7 as well as sufficient space on your computer in order to download MetaTrader 4.
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