MetaTrader 4 Help & FAQ

Find answers about MetaTrader 4 installation, broker-server login, order types, charts, Expert Advisors, trading instruments and account-related responsibilities.

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MetaTrader 4 desktop trading interface
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Popular MetaTrader 4 Questions

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1 What is the difference between MetaTrader 4 demo and live accounts? Both can connect to MetaTrader 4, but the funds, account conditions and trading risk are different.

Demo accounts use virtual funds for platform practice, while live accounts use real funds and create actual profit or loss. Demo accounts can be created through supported broker servers or provided by a broker; live accounts are opened by the broker. See demo accounts and live accounts.

2 Who provides a MetaTrader 4 trading account? MetaTrader 4 provides the trading software; broker servers provide the accounts used to connect to markets.

MetaTrader 4 is the trading platform. Demo accounts are created through supported broker servers or provided by brokers, while live accounts are opened and managed by brokers. Account types, permissions and trading conditions are broker-specific.

3 Why can I not log in to MetaTrader 4? Most login problems involve the broker server, account login, password or account status.

Check the broker server, account login and password first. If the terminal can reach the internet but the account still does not connect, ask the broker to confirm the account status or server details. Demo-account setup is covered on the demo account page.

4 Why does MetaTrader 4 require a broker server? The trading server connects the account to broker-provided quotes, instruments and execution settings.

MetaTrader 4 uses a trading server to connect an account to the broker environment. Different servers can provide different symbols, quotes, account types and execution conditions, so the correct server is part of the login process.

5 Why can MetaTrader 4 quotes differ between accounts? Quotes come from the connected broker server, so prices and spreads can differ between brokers and account types.

Quotes inside MetaTrader 4 are supplied by the connected broker server. Different brokers, servers and account types can use different pricing, spreads and symbol settings, so two accounts do not have to show identical prices.

6 Can MetaTrader 4 run Expert Advisors? The desktop terminal includes the MQL4 environment for Expert Advisors, custom indicators and scripts.

The desktop terminal can run Expert Advisors and includes the Strategy Tester for historical testing and optimization. Automated trading programs should still be checked for logic, parameters and risk before use.

MetaTrader 4 Help Topics

How is a MetaTrader 4 demo account created?

MetaTrader 4 can create demo accounts through supported broker servers, and brokers may also provide demo login credentials. The server, virtual balance, leverage and available symbols depend on the broker environment. See open a demo account.

Where is KYC completed for a MetaTrader 4 live account?

MetaTrader 4 does not perform identity verification. KYC requirements, document checks and live-account approval are handled by the broker under its account-opening rules.

Who defines MetaTrader 4 account types?

Standard, ECN and other account labels are defined by brokers. Spreads, commissions, leverage, minimum deposits and available instruments can vary by account type.

How do I place an order in MetaTrader 4?

After connecting an account, choose a symbol from Market Watch or a chart, then submit a market or pending order and add Stop Loss or Take Profit if needed. Tradable symbols depend on the broker server.

Which order types does MetaTrader 4 support?

MetaTrader 4 supports 2 market orders and 4 pending order types: Buy Limit, Sell Limit, Buy Stop and Sell Stop. Stop Loss, Take Profit and Trailing Stop are also available; execution settings depend on the broker server.

How do I set Stop Loss and Take Profit in MetaTrader 4?

Set Stop Loss and Take Profit when creating an order or when modifying an open position. Changes are sent to the broker server for confirmation and remain subject to market and execution conditions.

Where can I check trading hours in MetaTrader 4?

Trading hours depend on the instrument, market and broker server. Check the symbol specification in your account for the applicable session times and contract details.

How do I download and install MetaTrader 4?

Open the download page and choose the desktop, mobile or WebTrader option that fits your device and workflow. Compatibility requirements can change with current software and app versions.

What if I cannot log in to MetaTrader 4 after installing?

Check the broker server, account login and password. If the terminal is online but the account still will not connect, the broker should confirm the account status, password or server information.

How do I use MetaTrader 4 charts and technical indicators?

The desktop terminal provides 9 timeframes, 30 built-in technical indicators and analytical objects, and it can load custom indicators. See the trading platform page for the platform structure.

Can I deposit money directly through MetaTrader 4?

MetaTrader 4 is trading software and does not hold client funds. Deposit methods, minimum amounts, account currencies and processing times are handled by the broker.

Can I withdraw money directly through MetaTrader 4?

Withdrawals are not processed by the MetaTrader 4 software. Requests, verification, fees and processing times are handled under the broker account rules.

Which deposit and withdrawal methods are supported?

Payment methods are determined by the broker and region, not by MetaTrader 4. Bank transfers, cards, e-wallets or other options can vary between providers.

Who sets spreads, commissions and funding fees?

Spreads, commissions, overnight charges and deposit or withdrawal fees are set by the broker and account type. MetaTrader 4 displays account and trading data but does not define these charges.

What if MetaTrader 4 cannot connect to the broker server?

Check the network connection and confirm the selected server name. If the terminal opens normally but the trading server remains unavailable, ask the broker to verify server status and account access.

What if an Expert Advisor will not run in MetaTrader 4?

On desktop, confirm automated trading is enabled, the EA is installed correctly, and it is attached to the intended chart. Check the program settings and terminal logs. Mobile and WebTrader do not provide the same local MQL4 runtime as the desktop terminal.

Which devices and terminals can run MetaTrader 4?

MetaTrader 4 is available through desktop, iOS, Android and WebTrader. Operating-system requirements can change, so use the current download or app listing for compatibility details.

What do common MetaTrader 4 trading terms mean?

Spread is the difference between bid and ask; lot size represents trade volume; leverage magnifies both gains and losses; EA means Expert Advisor. Symbol availability and contract specifications come from the broker server. See trading instruments for market and instrument information.

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Choose the MetaTrader 4 version for your device, then connect a broker account to use charts, order management, technical analysis and Expert Advisors.

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