MetaTrader 4 (MT4)

The older MetaQuotes platform that many brokers still offer for forex and CFDs. Install it and log in, learn the Order window, then see how it compares with MT5.

⚠️ Risk warning: CFDs and leveraged forex are complex instruments with a high risk of losing money rapidly. Most retail accounts lose money. This content is education only, not investment advice or a recommendation.

1. 1
   How to install MetaTrader 4 and log in to your account

   Install MT4 on a Windows PC, Mac or phone, log in with your login, password and server, open a demo account and fix "Invalid account" and "No connection".

2. 2
   How to place, modify and close orders in MT4

   Open market and pending orders in MetaTrader 4, set stop loss and take profit, add a trailing stop, modify or delete orders, close positions and fix "Invalid S/L or T/P".

3. 3
   MT4 vs MT5: what is different and which one to use

   MetaTrader 4 and MetaTrader 5 compared from the official MetaQuotes table: timeframes, pending orders, indicators, hedging and netting, the strategy tester and whether accounts transfer.