Are you new to Forex trading? If so, you may be wondering how to open your first trade in MT4. Trading can seem intimidating at first, but with a little practice you’ll be able to make money like a pro! In this article, we will walk you through the steps of opening a trade in MT4. We’ll also provide some helpful tips for beginners. So read on and learn how to start trading today!
Login to your MT account
To login to your MT account, you will need to enter your account number and password. Once you have entered these, click on the “Login” button.
If you have not yet created an account, you can do so by clicking on the “Create Account” button.
Select the “Classic Accounts” tab and then click on “Continue”
You will be asked to fill in some personal information and then select a password.
– After you have completed the registration process, you will be sent an email with your login details.
– Download and install the MT45 platform on your computer.
– Launch the MT45 platform and enter your login credentials.
– Select the “File” menu and then click on “Login to Trade Account”.
– Enter your account number and password.
– Click on the “Server” dropdown menu and select the server that you want to connect to.
Enter your personal details, including your name, email address, and phone number
You will be taken to the “My Accounts” page. On the left-hand side of the screen, find and click on the “Live Account” tab.
Click on the green button that says “Create account.” A new window will pop up asking for your personal information.
Enter your name, email address, and phone number.
Check the box that says you agree to the terms and conditions.
Click “Create account.” You will be taken to the “My Accounts” page. On the left-hand side of the screen, find and click on the “Live Account” tab.
Scroll down and select the type of account you want to open – for this example, we’ll use a “Standard Account”
Once you have your account type selected, it’s time to choose the financial instrument you want to trade. In the “Instrument” dropdown menu, select the currency pair you want to trade. For this example, we’ll use EUR/USD.
Now that you have your account type and financial instrument selected, it’s time to choose the amount you want to trade. The “Volume” field is where you enter this information. For this example, we’ll trade 0.01 lots, which is equal to $1000 worth of currency.
The “Stop Loss” and “Take Profit” fields are where you can set your desired profit/loss levels for the trade. For this example, we’ll set our stop loss at 100 pips and our take profit at 200 pips.
