Frequently Asked Questions
Find answers to common questions about our services
How to use MetaTrader 4 (Android)
Install MT4:
Download and access MT4:
- Acquire the MT4 application directly from the Trading Pro website
- Launch MT4 and opt for "Manage Accounts" from the primary menu.
- Utilize the + icon and opt for "Login to an existing account."
- Input "TradingProInternational" and choose the suitable trading server for your specific trading account.
- Provide your trading account number and password, then proceed to sign in.
- Your trading account is successfully incorporated into the Accounts tab.
Switching between accounts:
- Launch MT4 and choose "Manage Accounts" from the primary menu.
- Click on the desired trading account in the Accounts tab, input the trading account credentials if requested, and then proceed to Sign In.
- The selected trading account is now operational within MT4.
Adding or removing trading instruments:
Access the default list of instruments by tapping on the Quotes icon located at the bottom-left of the screen.
To add:
- Tap the + icon situated in the top-right corner.
- Choose a group of symbols.
- Select the instrument(s) you wish to add.
- Navigate back to the Quotes tab using the Back button.
To remove:
- Tap the pencil icon at the top right, followed by the bin icon.
- Tick the boxes next to the symbol(s) you want to delete.
- Confirm the removal by tapping the bin icon again.
- Once completed, return to the Quotes tab by pressing the Back button.
Initiating orders:
- Navigate to the Quotes section.
- Select the trading instrument of your choice, and then choose the option for a New Order.
- Configure the order parameters, including Stop Loss, Take Profit, Deviation, etc.
- To execute a market order immediately, choose either Buy by Market or Sell by Market.
- Confirm the order by tapping on Place. You will subsequently receive a notification confirming the successful opening of the order.
Creating pending orders:
- Find the New Order feature.
- Click on the displayed execution type and opt for a pending order.
- Specify the following parameters: a. Order Volume b. Price for the pending order (additional price setup required for Buy Stop Limit and Sell Stop Limit) c. Optional Stop Loss d. Optional Take Profit
Note: Within the New Order window, select the instrument for placing a pending order by utilizing the dropdown menu located on the icon at the top-right corner, which displays all the instruments added to your Quotes tab.
Closing or adjusting orders:
- Click on the Trade icon.
- Select an order to view its details (Price, Stop Loss, Take Profit, order ID, etc.).
- Long-press the order, then choose between closing the order or modifying it. a. Opt for Close Order to finalize the closure. b. Adjust any settings as needed, and then tap Modify.
- A notification will be received, confirming the completion of the chosen action.
Opening instrument charts:
- Navigate to Quotes.
- Tap on the instruments, then choose the option to Open chart.
Switching chart types:
- Access Menu, then proceed to Settings.
- Click on Line type.
- Select from three real-time chart types: Bar chart, Candlestick, and Line chart.
Adjusting timeframe:
- Tap on the chart.
- Pick a timeframe from the pop-up menu, with support for nine timeframes: M1, M5, M15, M30, H1, H4, D1, W1, and MN
Incorporating indicators:
- While viewing a graph, select the ƒ icon located in the top menu.
- Choose ƒ+ adjacent to the Main Chart.
- Pick an indicator from the available options.
- Adjust your preferences for the chosen indicator.
- Complete the process by tapping Done.
Accessing the Journal:
- Navigate to the Journal via the top-left menu.
- Opt for specific dates and tap the letter icon to forward it via email to your designated email address.
Notifications:
- Access Messages and tap the MQID button.
- Copy or save the ID.
- Log in to MT4 on your desktop device.
- Navigate to the Tools menu and select Options.
- Choose the Notifications tab and enable Push Notifications.
- Input the MQID when prompted and conduct a Test.
- A push notification should be received in the Messages area on MT4 on your Android device.
Custom Notifications:
- Sign in to MT4 on your desktop.
- Open the Alerts tab within the Terminal window.
- Right-click anywhere and opt for Create.
- Enable and select Notification from the Action dropdown menu.
- Customize the notification as desired, then perform a Test.
- The custom push notification should appear in the Messages area on MT4 on your Android device.
- Click OK to finalize the setup of the custom notification.
How to use MetaTrader 4 (Windows)
Install MT4 by following these steps:
- Download the installation file for MT4.
- Execute the file from your browser or double-click on the downloaded installation file.
- Customize the installation location using Settings according to your preferences, or proceed by clicking Next to accept the End-User License Agreement.
- Once the installation is finished, click Finish to open MT4.
- During your initial log-in, close the "Open an account" window by selecting Cancel. Subsequently, a window will prompt you for your Login, Password, and Server information.
To log in to MT4, follow these steps:
- Click on File, then select "Login to Trade Account."
- Enter the Login, Password, and Server details for your trading account, then click the Login button.
- You can locate this information on the page that appears when you complete the process of opening a new account, or check your registered email address.
Upon successful login, a confirmation chime will sound, indicating that you are now logged into MT4 with your trading account.
To switch accounts, follow these steps:
- While currently logged into your trading account, go to File and select "Login to Trade Account."
- Sign in with the credentials of your other trading account, including the account number, password, and the relevant server; then click OK.
- To expedite future switches, you can opt for a quicker process by checking the box to "Save account information."
Adding and removing instruments can be done as follows:
To add instruments:
- Right-click on the Market Watch window.
- Choose "Symbols."
- From the displayed list of symbol groups, make a selection.
- Click on an instrument to add it to the Market Watch, and then click Close.
To remove instruments:
- Right-click on the instrument in the Market Watch.
- Click on "Hide."
Opening orders
Initiating orders can be done in four different ways:
- Click on "New Order" in the toolbar.
- Use the keyboard shortcut by pressing F9.
- Right-click on the trading instrument in the Market Watch window and select "New Order."
- Double-click on the trading instrument in the Market Watch window
These procedures initiate the opening of the New Order window.
- In the New Order window, choose your preferred symbol, transaction size, Stop Loss (SL), and Take Profit (TP) levels.
- The execution type, automatically determined by the chosen instrument and trading account type, is located under "Type."
- To execute the order, select either "Sell By Market" or "Buy By Market."
Cosing orders
To close an order, you have several options:
- Double-click on the specific order you wish to close in the Trade tab (located in the Terminal area), then click the yellow "Close By Market" button.
- Right-click on the order in the Trade tab, choose "Close Order," and confirm. If One-Click Trading is enabled, the order closes upon selecting "Close Order."
- Click on the 'X' located on the right side of the order in the Trade tab. This action swiftly closes the order when One-Click Trading is active.
Feel free to employ any of these methods to close your orders.
Pending orders
Pending orders in MT4 offer four types to choose from (Buy Limit, Sell Limit, Buy Stop, and Sell Stop), with the option to automatically close these orders using Stop Loss and Take Profit settings.
Follow these steps to create a pending order:
- Open the New Order window (F9).
- Choose the Symbol, set the order Volume, and select Pending Order from the Type dropdown menu.
- The Pending Order settings will be visible. Pick your preferred pending order type from the Type dropdown, and then specify the desired Price and Expiry date.
- Optionally, set Stop Loss (SL) and Take Profit (TP) levels as usual.
- Click Place to establish your pending order.
Modify or delete orders
To adjust or remove orders, follow these steps:
- Right-click on the specific order in the Trade tab (found in the Terminal area).
- Select Modify or Delete Order.
- For modification: adjust the applicable fields such as Price, Stop Loss, Take Profit, and Expiry. Confirm the changes by clicking Modify.
- For deletion: choose the Delete option.
How do I trade with MetaTrader 4?
Trading with MetaTrader 4 involves several steps. Here's a general guide:
Login:
- Log in to your MetaTrader 4 account using your login credentials.
Navigate to Market Watch:
- Look for the Market Watch window, usually located on the left side of the platform.
Add Trading Instruments:
- Right-click within the Market Watch window and select "Symbols" to add trading instruments. This step allows you to see available assets.
Open a New Order:
- There are various ways to open a new order:
- Click on "New Order" in the toolbar.
- Press F9 on your keyboard.
- Right-click on a trading instrument in the Market Watch and select "New Order."
- Double-click on a trading instrument in the Market Watch.
Configure Order Details:
- In the New Order window, select the symbol, set the transaction size, and configure Stop Loss (SL) and Take Profit (TP) levels if needed.
Place the Order:
- Click "Sell by Market" if you anticipate a price decrease or "Buy by Market" if you expect an increase. The order is executed at the current market price.
Monitor the Trade:
- Keep an eye on your open trades in the Terminal window. Track changes in the market and manage your trades accordingly.
Close the Order:
- When you decide to close an order:
- Double-click on the trade in the Terminal window and click the yellow "Close By Market" button.
- Right-click on the order and choose "Close Order."
Pending Orders:
- To place pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop), follow similar steps but choose "Pending Order" in the Type dropdown menu and set desired parameters
Modify or Delete Orders:
- To adjust or remove orders, right-click on the order in the Trade tab and choose "Modify" or "Delete Order."
Remember that trading involves risk, and it's essential to have a good understanding of the market, risk management, and the features of MetaTrader 4. Always practice responsible trading.
MetaTrader 4 (MT4) is accessible on Windows desktops as well as Android and iOS mobile devices. You can find a guide that illustrates how to utilize MT4 on your chosen device through article below:
Note: Prior to installing MT4, it is essential to locate your trading account login and server information within your client portal or registered email address.
What trading platforms are accessible?
Trading Pro is one of the leading online trading platforms, offering a wide range of trading options to its clients. The platform offers three different trading platforms to choose from: MetaTrader 4, MetaTrader 5, and cTrader.
MetaTrader 4 is one of the most popular trading platforms available. It is a powerful platform that offers a variety of features and tools that can help traders make informed decisions. It also offers a wide range of charting tools, advanced order types, and automated trading systems.
MT4 Trading Guide:
Trading with MT4: To engage in trading with MT4, begin by downloading the platform from the Trading Pro homepage.
Versatile Trading Accounts: All account types provide MT4-based trading accounts, emphasizing the platform's versatility and accessibility for various trading needs.
MetaTrader 5 is the latest version of the MetaTrader platform. It offers many advanced features, including a new market depth window, advanced charting tools, and a variety of order types. It also offers a wide range of automated trading systems and algorithms.
MT5 Trading Guides:
Trading with MT5: Discover the essentials of trading with MT5 by downloading the platform directly from the Trading Pro homepage.
Account Compatibility: Presently, MT5-based trading accounts are exclusively available for the ScalpX account type.