As a beginner trader, you might find it daunting to navigate the world of forex trading. But with the advent of technology, trading has become simple and readily accessible. Metatrader 4 is an electronic trading platform that provides access to the forex market. In this article, we’ll explain how to get started with Metatrader 4 Iphone/Ipad ios– a version of the software specifically developed for mobile devices.
Understanding Metatrader 4 Interface
The Metatrader 4 interface allows you to access real-time forex prices from around the world. From the main menu, you can manage your trades, monitor your account balance, and view charts. The app is user-friendly and straightforward to use, even for beginners. It provides multiple chart types and indicators, including custom indicators. You can also set up notification alerts when specific price levels are reached.
How to Install Metatrader 4 on iPhone
You can install the Metatrader 4 app directly from the App Store on your iPhone. After installation, open the app, and select “New Account” if you’re a new user. The account registration process is straightforward and can be completed in minutes. After opening your account, you need to fund it with the required amount before you can start trading.
Trading with Metatrader 4
Once your account is funded, you can begin trading. The user interface is intuitive, and you can easily access quotes, charts, and trading terminals. To open a trade, simply select the asset you want to trade, then the volume, and finally, the direction. The trading platform offers various order types, including limit, stop, and market orders. You can also monitor your trades in real-time and close them at any time.
Customizing Charts in Metatrader 4 iPhone
The Metatrader 4 app allows you to customize your charts to suit your trading style. You can select from a range of chart types, time frames, and indicators, and add trend lines or Fibonacci levels. You can also adjust the colors and font size of your charts to make them easier to read. Moreover, you can save templates to re-use specific chart settings on multiple charts.
Metatrader 4 iPhone Security Features
Metatrader 4 iPhone comes with high-end security features to ensure that your funds and data are safe. It uses 128-bit SSL encryption to secure your data transmission, and your account password is not stored on our servers. To comply with anti-fraud regulations, Metatrader 4 iPhone also provides two-factor authentication, which requires you to enter a code sent to your mobile phone when you log in.
Conclusion:
Metatrader 4 for iPhone offers a streamlined way to access the forex market on the go. With its user-friendly interface, customization features, and robust security, it’s an excellent choice for beginners and experienced traders alike. We hope that this beginner’s guide has given you a better understanding of how to get started with the Metatrader 4 iPhone app. Happy trading!