The best MT4 brokers in the UK are FCA-regulated platforms that give you access to the MetaTrader 4 trading platform, known for its advanced charting tools, automated trading via Expert Advisors (EAs), and low trading costs.
In this guide, you’ll find the top MT4 brokers for UK traders, with comparisons on fees, spreads, regulation, and supported assets to help you choose the most trusted and low-fee option for forex and CFD trading.
Quick answer: Which is the best broker for MetaTrader 4 in the UK?
The best MetaTrader 4 brokers in the UK are Trade Nation, Pepperstone, and IG. Trade Nation stands out for its fixed spreads and FCA regulation, Pepperstone for its ultra-fast execution and low trading costs, and IG for its broad asset range and professional-grade analysis tools. All three are FCA-regulated and support MT4 for forex and CFD trading with competitive fees and reliable platforms.
Best brokers for MT4 ranked
Here’s a quick list of the best MT4 brokers in the UK, ranked based on hands-on testing and platform performance:
- Trade Nation – Overall best
- Pepperstone – Best for all of MetaTrader, cTrader & TradingView
- IG – Best for beginners
- AvaTrade – Best for user-friendly trading
- Tickmill – Best for low spreads & high-speed execution
- XM – Best for diverse trading instruments & customisability
Top picks compared for UK traders
This guide compares the top MetaTrader 4 brokers using four key rating criteria that every UK trader should evaluate before choosing a platform.
| Rank | MT4 Broker | Minimum deposit | S&P 500 index CFD fee | No. of tradeable instruments | Tier-1 licenses (regulation) |
|---|---|---|---|---|---|
| 1 | Trade Nation | £0 | 0.45 points (average spread cost) | 601 | 2 |
| 2 | Pepperstone | £0 | 0.4 points (average spread cost) | 2,342 | 3 |
| 3 | IG | £50 | $2.6 | 19,537 | 8 |
| 4 | AvaTrade | $100 | 0.5 | 1,260 | 4 |
| 5 | Tickmill | $100 | 0.4 | 725 | 2 |
| 6 | XM | £5 | 0.5 | 1,429 | 4 |
| 7 | IC Markets | $200 | 0.2 | 3,583 | 2 |
| 8 | FxPro | $100 | 1.0 | 2,249 | 2 |
| 9 | FP Markets | $50 | 0.5 | 10,000 | 2 |
| 10 | Markets.com | $100 | 1.0 | 2,179 | 3 |
MetaTrader 4 broker reviews
According to industry data, around 42% of UK adults invested or traded in 2024, up from 36% in 20211. This steady rise highlights how important it is for new traders to choose a reliable and FCA-regulated MT4 broker.
This guide identifies the best MetaTrader 4 brokers in the UK, assessed using five key criteria:
- Minimum deposit
- S&P 500 index CFD fee
- Number of tradable instruments
- Tier-1 regulatory licences
- Platform usability and tools
Each broker was also evaluated for platform performance, research tools, educational resources, and overall trading experience.
All platforms listed are regulated by the UK’s Financial Conduct Authority (FCA), ensuring compliance and investor protection.
You can learn more about how Sterling Savvy tests and rates trading platforms here.
This article was reviewed by Tobi Opeyemi Amure, a trading expert and writer at Investopedia, Investing.com, and Trading.biz.
1. Trade Nation – Overall best
Who is Trade Nation best for?
Trade Nation is best for UK traders who value transparent pricing, strong regulation, and ease of use. This FCA-regulated MT4 broker combines low spreads, fixed pricing, and FSCS protection up to £85,000, offering a secure, low-cost trading environment ideal for both beginners and steady, long-term traders.
What assets can you trade on Trade Nation?
Trade Nation offers forex, commodities, indices, shares, and bonds, allowing UK traders to diversify portfolios across major global markets.
What account types does Trade Nation offer?
- Commission-free account: No minimum deposit, variable spreads, ideal for beginners.
- Raw account: 0.0-pip spreads, $3.50 commission per lot, $1,000 minimum deposit, suited for active traders.
Both accounts include Trading Central access and custom MT4 plugins.
How can you fund your account?
You can fund via debit/credit card, bank transfer, or e-wallet. All deposits are fee-free, and funds are held in segregated accounts.
Does Trade Nation offer a demo or education?
Yes. While the MT4 demo is limited to its proprietary platform, Trade Nation provides comprehensive education, analysis tools, and responsive support to help traders improve.
What leverage does Trade Nation offer?
Leverage is up to 1:30 for retail traders and 1:500 for professionals, giving flexibility across trading strategies.
Final verdict
Trade Nation is one of the best MT4 brokers in the UK, offering tight spreads, FCA oversight, and strong education tools. It suits both new and experienced traders seeking a safe, transparent MT4 platform.
Key rating criteria:
| Minimum deposit | S&P 500 index CFD fee | No. of tradeable instruments | Tier-1 licenses (regulation) |
|---|---|---|---|
| £0 | 0.45 points (average spread cost) | 601 | 2 |
Pros:
- Deposits and withdrawals are offered at no additional cost
- Access to superior educational and research resources
- Reliable and responsive customer service
Cons:
- Limited range of available trading products
- Absence of live chat support for immediate assistance
- The desktop trading interface does not feature enhanced security logins
75% of retail investor accounts lose money when trading CFDs with this provider.
2. Pepperstone – Best for all of MetaTrader, cTrader & TradingView
Who is Pepperstone best for?
Pepperstone suits active traders and scalpers who want ultra-fast ECN execution, low spreads, and professional-grade tools. With FCA oversight and execution speeds under 30ms, it’s a top choice for those seeking precision, transparency, and reliable MT4 performance.
How does Pepperstone enhance MT4 for traders?
Pepperstone upgrades MT4 with 65+ technical indicators, advanced charting, and seamless Razor ECN integration. The platform is built for scalping, day trading, and algorithmic strategies, with execution speeds under 30ms.
Is Pepperstone MT4 good for scalping and automation?
Yes. Pepperstone’s low-latency ECN model and institutional liquidity make it ideal for high-speed strategies. EUR/USD spreads start from 0.1 pips, and trades execute rapidly with minimal slippage.
What tools and indicators does Pepperstone MT4 include?
Traders get access to interactive charts, nine timeframes, and 65+ indicators, plus the MQL4 marketplace for custom indicators and Expert Advisors (EAs). All EAs can be backtested and optimised before live trading.
What is Pepperstone’s ECN model?
Pepperstone connects directly to top liquidity providers like Barclays and J.P. Morgan, offering raw spreads from 0.0 pips and transparent commissions. This ensures accurate pricing and fast execution, even in volatile markets.
Final verdict: Is Pepperstone one of the best MT4 brokers in the UK?
Yes. Pepperstone delivers a premium MT4 experience with tight spreads, ultra-fast execution, and full EA support. Its strong FCA regulation and institutional-grade technology make it one of the best MT4 brokers for UK traders in 2025.
Key rating criteria:
| Minimum deposit | S&P 500 index CFD fee | No. of tradeable instruments | Tier-1 licenses (regulation) |
|---|---|---|---|
| £0 | 0.4 points (average spread cost) | 2,342 | 3 |
Pros:
- Quick and entirely online process for setting up an account
- Excellent customer support
- Effortless and cost-free options for funding and payouts
Cons:
- Predominantly offers Contracts for Difference (CFDs)
- The MetaTrader trading platform offers limited advanced features
3. IG – Best for beginners
Who is IG best for?
IG is best for experienced UK traders looking for broad market access and advanced trading tools. Backed by FCA regulation and LSEG technology, IG offers over 17,000 tradable assets, tight spreads, and industry-leading uptime for a professional MT4 experience.
How does IG enhance the MT4 experience?
IG upgrades MetaTrader 4 with direct market access, fast execution, and data-driven tools like Autochartist and PIA First. Backed by LSEG technology, traders benefit from stable connectivity, accurate order matching, and reliable performance across all market conditions.
What markets can you trade with IG on MT4?
IG offers access to over 17,000 markets, including forex, indices, shares, commodities, and ETFs. Advanced order types such as stops and limits help manage risk, while IG’s mobile app provides full MT4 functionality for trading on the go.
What are IG’s spreads and trading conditions?
Spreads are competitive, with EUR/USD averaging 0.7 pips. IG ensures 99.9% uptime and fast execution, even during volatile periods, offering a dependable experience for active traders.
Is IG safe and regulated?
Yes. IG is FCA-regulated and regularly reports its execution data for transparency. Funds are held in segregated Barclays accounts, and security measures include two-factor authentication and encrypted access controls.
Final verdict: Is IG one of the best MT4 brokers in the UK?
Yes. IG combines strong regulation, tight spreads, and over 17,000 instruments with a secure, high-performance MT4 platform, making it one of the top choices for UK traders in 2025.
Key rating criteria:
| Minimum deposit | S&P 500 index CFD fee | No. of tradeable instruments | Tier-1 licenses (regulation) |
|---|---|---|---|
| £50 | $2.6 | 19,537 | 8 |
Read our IG review.
Pros:
- Exceptional online trading platform experience
- Outstanding educational resources for traders
- Diverse and efficient funding and cash-out methods
Cons:
- Elevated fees for stock CFD trading
- Narrow selection of tradable assets
- Delayed response times from customer service
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
4. AvaTrade – Best for user-friendly trading
Who is AvaTrade best for?
AvaTrade is ideal for beginners and intermediate traders seeking a simple, commission-free MT4 setup. It offers zero-commission trading, strong education resources, and copy trading features, all within a secure FCA-regulated environment.
How does AvaTrade enhance the MT4 experience?
AvaTrade’s MT4 includes interactive charts, nine timeframes, and 30+ built-in indicators like MACD, Bollinger Bands, and Moving Averages. Traders can customise layouts with multiple chart views and floating windows for efficient analysis and execution.
Does AvaTrade support automated and algorithmic trading?
Yes. Traders can build, test, and optimise Expert Advisors (EAs) through MQL4, enabling seamless automated or manual trading. This setup suits algorithmic traders seeking precision and speed.
What are AvaTrade’s trading fees?
AvaTrade offers zero-commission forex and CFD trading, with costs built into spreads. This structure benefits beginners managing smaller accounts and active traders aiming to keep more of their profits.
Does AvaTrade offer copy trading on MT4?
Yes. AvaTrade supports copy trading, allowing users to follow and replicate trades from verified signal providers. Traders can set custom risk limits and parameters such as stop-losses or trade caps. Experienced traders can also earn by sharing their own strategies.
Final verdict
AvaTrade delivers a well-rounded MT4 experience with commission-free trading, automation tools, and built-in copy trading. Its strong regulation and versatile features make it one of the best MT4 brokers for UK traders.
Key rating criteria:
| Minimum deposit | S&P 500 index CFD fee | No. of tradeable instruments | Tier-1 licenses (regulation) |
|---|---|---|---|
| $100 | 0.5 | 1,260 | 4 |
Pros:
- Streamlined and swift process for opening accounts
- No charge for deposits and withdrawals
- Excellent resources for market analysis
Cons:
- Limited to trading CFDs, forex, and cryptocurrencies
- Significant charges for account inactivity
- CFD trading costs are moderate
5. Tickmill – Best for low spreads & high-speed execution
Who is Tickmill best for?
Tickmill is best for cost-conscious and algorithmic traders who want institutional-grade ECN execution and low commissions. With spreads from 0.0 pips and FCA regulation, it’s a strong choice for scalpers and high-volume traders seeking speed and transparency.
How does Tickmill enhance MT4 for traders?
Tickmill’s MT4 offers real-time pricing on 60+ forex pairs and CFDs, plus 30+ technical indicators and customisation options for multi-asset analysis. Traders can use one-click trading, visual alerts, and multiple chart layouts to analyse and execute trades efficiently.
Does Tickmill support automated trading and backtesting?
Yes. Tickmill supports MQL4-based automation, allowing users to build, test, and optimise Expert Advisors (EAs) with historical data. These tools suit algorithmic traders seeking precise, automated execution.
What is Tickmill’s ECN commission structure?
Tickmill connects traders directly to Tier-1 liquidity providers via its ECN model, ensuring transparent pricing and no dealing desk. Commissions start at $3.50 (£2.90) per lot round-trip, with up to 25% discounts for high-volume traders. Spreads start from 0.0 pips, making it highly cost-effective for active traders.
How reliable is Tickmill’s platform?
Tickmill’s MT4 is available on desktop and mobile, with a fully customisable layout, one-click access to reports, and smooth order execution. The platform also uses strong encryption and fund protection measures to ensure secure trading.
Final verdict
Tickmill offers one of the most advanced MT4 setups in the UK, combining tight spreads, fast ECN execution, and low commissions. Its automation tools, deep liquidity, and FCA regulation make it a top choice for scalpers and algorithmic traders.
Key rating criteria:
| Minimum deposit | S&P 500 index CFD fee | No. of tradeable instruments | Tier-1 licenses (regulation) |
|---|---|---|---|
| $100 | 0.4 | 725 | 2 |
Pros:
- Competitive fees for forex trading
- Quick and straightforward account setup
- No charges for adding or withdrawing funds
Cons:
- The trading platform’s design and functionalities feel antiquated
- The news feed offers only fundamental features
6. XM – Best for diverse trading instruments & customisability
Who is XM best for?
XM is ideal for beginner traders thanks to its £5 minimum deposit, tight spreads, and strong educational resources. It delivers fast execution, commission-free forex trading, and a user-friendly MT4 experience designed for new traders to learn and grow confidently.
How does XM make MT4 accessible?
XM allows traders to open an account with just £5, with no maintenance fees. Account setup is simple, including remote verification, and traders can access MT4 across desktop and mobile with full functionality.
What account types does XM offer?
XM provides Demo, Standard, and Executive accounts, giving traders options for both risk-free practice and live trading. This flexibility suits beginners and high-volume traders alike.
What education and support does XM provide?
The XM Academy offers MT4 tutorials, eBooks, and live webinars covering topics from basic navigation to advanced strategy optimisation. Traders can also access one-on-one coaching and educational videos for ongoing learning.
What are XM’s spreads and trading conditions?
XM offers tight spreads by aggregating liquidity from 10+ major banks and ECNs, ensuring low-cost, commission-free forex trading. Traders benefit from fast STP execution and optional VPS hosting for reliable connectivity and algorithmic trading.
Final verdict
XM combines low-cost entry, tight spreads, and strong education, making it one of the best MT4 brokers in the UK for 2025. It’s an excellent choice for traders seeking affordable access to professional-grade tools and learning resources.
Key rating criteria:
| Minimum deposit | S&P 500 index CFD fee | No. of tradeable instruments | Tier-1 licenses (regulation) |
|---|---|---|---|
| £5 | 0.5 | 1,429 | 4 |
Pros:
- Competitive fees for stock CFDs and withdrawals
- Simplified and rapid process for account registration
- Comprehensive educational resources available
Cons:
- A narrow range of trading instruments
- Moderate charges for forex and stock index CFDs
- Lack of protection for clients outside the EU
What is MetaTrader 4 (MT4)?
MetaTrader 4 (MT4) is a leading trading platform developed by MetaQuotes Software in 2005, designed for forex, CFD, and commodity trading. It combines charting, order execution, technical analysis, and automation tools within one interface, allowing for both manual and algorithmic trading.
How did MT4 become so popular?
MT4 replaced MetaTrader 3 with faster execution, a stable framework, and the MQL4 scripting language for building trading robots and indicators. Its low resource use, reliability, and global broker support made it the retail trading standard between 2007 and 2015.
What are the main features of MT4?
- Real-time quotes and interactive charts
- Advanced order types (market, limit, stop, trailing stop)
- MQL4 automation for custom strategies and Expert Advisors (EAs)
- Nine timeframes and one-click trading
- Secure data encryption and multi-device access
These tools enable traders to analyse, execute, and automate trades efficiently.
How secure is MetaTrader 4?
MT4 uses 128-bit encryption and RSA authentication to protect user data. Most brokers enhance this with:
- SSL/TLS encryption for all transactions
- Segregated client funds in Tier-1 banks
- Two-factor authentication (2FA)
- DDoS protection and regular security audits
What are the pros and cons of MT4?
Pros:
- Reliable, stable platform
- Strong community and broker support
- Full EA and automation compatibility
- Low system requirements
Cons:
- Outdated visuals
- Limited market depth and non-forex support
- Requires plugins for advanced analytics
MT4 vs MT5 – What is the difference?
| Feature | MetaTrader 4 | MetaTrader 5 |
|---|---|---|
| Release Year | 2005 | 2010 |
| Programming Language | MQL4 | MQL5 |
| Order Types | 4 | 6 |
| Market Depth | Limited | Full |
| Instruments Supported | Primarily Forex | Multi-asset (stocks, futures, CFDs) |
| Hedging Support | Yes | Optional |
| Backtesting | Single-thread | Multi-thread |
| Interface | Classic | Modern |
MT5 improves multi-asset access and computational speed, yet MT4 remains dominant due to its simplicity and vast library of legacy tools.
How to choose the best MT4 broker in the UK?
Choosing the right MT4 broker depends on your trading style, goals, and experience level.
Here are the key factors to compare before opening an account:
1. Regulation and safety
Always choose an FCA-regulated broker for investor protection, segregated client funds, and compliance with UK financial standards.
2. Spreads and trading costs
Compare spreads and commission fees carefully. Tight spreads are crucial for scalpers and frequent traders, as they reduce overall trading costs.
3. Execution speed and reliability
Look for brokers with low-latency servers (<50ms) and 99.9% uptime to avoid slippage and order delays—especially important for algorithmic or high-frequency trading.
4. Range of instruments
If you plan to trade more than forex, check whether the broker offers CFDs on indices, commodities, shares, and crypto.
5. Account types and minimum deposits
Select an account type that suits your budget and experience. Many FCA brokers offer commission-free beginner accounts and ECN accounts for professionals.
6. Education and support
Choose brokers with strong educational content, webinars, and responsive customer support, available via live chat, phone, or email.
7. Platform tools and automation
Ensure full MT4 compatibility with Expert Advisors (EAs), charting tools, and VPS hosting for uninterrupted automated trading.
8. Deposits and withdrawals
Opt for brokers with fast, fee-free processing via cards, bank transfer, or e-wallets like PayPal or Skrill.
9. Mobile trading
If you trade on the go, confirm the broker’s mobile MT4 app offers real-time quotes, full charting tools, and secure login.
10. Transparency and reputation
Check user reviews, fee disclosures, and public execution reports. A trusted broker will clearly display costs, leverage limits, and risk warnings.
How does MetaTrader 4 (MT4) work?
MT4 connects your trading terminal to a broker’s server through secure STP or ECN networks, allowing real-time price data, chart analysis, and instant order execution. Traders can analyse markets, open positions, and monitor performance directly from one platform.
How to install and set up MT4?
- Set preferences like leverage, base currency, and one-click trading.
- Download MT4 from your broker or MetaQuotes.
- Install on Windows, macOS, or mobile.
- Log in using broker credentials.
How to open and manage trades?
Open trades via Market Watch or directly on charts. Add stop-loss and take-profit orders for risk control. Use the Terminal panel to track live profits, margin, and exposure.
How to use MT4 indicators and tools?
MT4 includes 30+ built-in indicators and thousands of custom MQL4 tools such as RSI, MACD, Bollinger Bands, and Fibonacci retracements. Charts can be customised across multiple timeframes for detailed market analysis.
How to automate trading with Expert Advisors (EAs)?
Traders can create or import EAs to execute strategies automatically. Each EA can be backtested using historical data and run continuously via VPS hosting for 24/7 trading.
How to customise MT4?
You can adjust chart templates, colours, hotkeys, and layouts, or add indicators, scripts, and EAs through the MetaEditor. Save different workspace profiles for multiple strategies.
What are the costs of using MT4?
The platform is free, but brokers charge trading-related fees:
- Spreads: from 0.0 to 1.5 pips, depending on account type.
- Commissions: $3–$7 per lot on ECN accounts.
- Swap fees: applied to overnight positions.
- Inactivity or service fees: for dormant accounts or premium tools.
What tools does MT4 offer?
- Technical: 30+ indicators, 24 drawing tools, multi-timeframe charts.
- Fundamental: live news feeds and broker-linked economic calendars.
- Automation: EAs, backtesting tools, and optimisation features.
- Risk management: stop-loss, take-profit, margin tracking, and alerts.
FAQs
Is MetaTrader 4 allowed in the UK?
Yes, MetaTrader 4 (MT4) is allowed and widely used in the UK. It is offered by various brokers who are regulated by the Financial Conduct Authority (FCA), ensuring compliance with UK financial regulations.
How do I get MetaTrader 4 UK?
To get MetaTrader 4 in the UK, choose a broker that offers MT4 and is regulated by the Financial Conduct Authority (FCA). Register for an account with the selected broker, and once the account is set up, download the MT4 platform from the broker’s website or directly from the MetaQuotes website.
Why do traders prefer MT4?
Traders prefer MT4 for its user-friendly interface, robust charting tools, and extensive support for custom indicators and automated trading through Expert Advisors (EAs). The platform is also favoured for its reliability, wide adoption among brokers, and a large community that offers numerous resources for trading strategies and tools.
Can I use MT4 without a broker?
No, you cannot use MT4 without a broker. MT4 is a trading platform that requires an account with a broker to access and trade in the financial markets. You need to choose a broker that offers MT4, set up an account with them, and then use their version of the MT4 platform for trading.
Can I trade forex on a demo account before investing real money?
Yes. MT4 offers a free demo account that mirrors live market conditions without financial risk. Traders can practice order placement, chart analysis, and indicator usage with virtual funds. Demo accounts are ideal for testing strategies or Expert Advisors (EAs) before applying them in live markets. Most brokers allow unlimited demo use, though some may expire after 30 days of inactivity.
How do I start with algorithmic trading in forex?
MT4 enables algorithmic trading through Expert Advisors (EAs) coded in the MQL4 language.
To begin:
– Install or develop an EA using MetaEditor.
– Test its logic in the Strategy Tester with historical data.
– Adjust inputs and optimise parameters.
– Enable auto-trading in the platform’s toolbar.
– Consider using a VPS for 24/7 uptime.
– Proper testing and risk control are essential before deploying live.
Does MetaTrader support copy trading, and how can I access it?
Yes. MT4 supports copy trading via integrated signal services and third-party platforms. Within MT4, navigate to the “Signals” tab in the Terminal window to view verified signal providers. Choose one, review performance metrics, and subscribe to automatically mirror their trades. Brokers may also partner with external platforms such as ZuluTrade or Myfxbook AutoTrade for broader copy-trading options.
How to withdraw money from MetaTrader 4?
Withdrawals are processed through your broker’s client portal, not directly in MT4. Log in to your account on the broker’s website, select the withdrawal option, choose a payment method (bank transfer, card, or e-wallet), and confirm the amount. Processing times vary by method and broker policy.
How to use MetaTrader 4 on Android?
Download the MetaTrader 4 app from Google Play. Log in with your broker credentials. The mobile version supports placing trades, modifying orders, viewing charts, and accessing indicators. Charts can be viewed in candlestick or line format, with timeframes ranging from one minute to one month.
How to open a real forex account on MetaTrader 4?
Create an account through a broker offering MT4. Complete verification (KYC) and fund your account. The broker then provides login credentials. Enter them into the MT4 terminal under File → Login to Trade Account. Live trading begins once connected to the broker’s live server.
How to add money to MetaTrader 4?
Funding is executed through the broker’s client area, not inside MT4. Select “Deposit Funds,” choose your preferred payment method, and complete the transaction. The balance will reflect automatically in MT4 once the broker processes the deposit.
How to add more charts in MetaTrader 4?
Go to File → New Chart, then select a currency pair or instrument. Each chart can be customised with its own timeframe, indicators, and layout. Multiple charts can be tiled or arranged using Window → Tile Vertically/Horizontally for multi-asset monitoring.
How to close all trades at once in MT4?
MT4 does not include a native “close all” function. However, traders can install a script or EA designed for mass trade closure. Alternatively, manually right-click each open trade in the Terminal window and select “Close Order.” Scripts such as “Close All” are available in the MQL4 community for automation.
How to change leverage on MT4?
Leverage is set by the broker, not inside the platform. Log in to your broker’s client portal, request a leverage change (for example, from 1:50 to 1:200), and confirm. Restart MT4 for the new settings to take effect. Changes are subject to regulatory limits and risk assessments.
What does “off quotes” mean in MT4?
“Off quotes” indicates the requested price is unavailable, typically due to poor internet connection, market volatility, or server delays. It can also occur if the broker temporarily suspends pricing during illiquid periods. Reconnecting to the server or widening the maximum deviation in the order window may resolve the issue.
How to close all positions in MT4?
Use the Terminal → Trade tab, right-click an open position, and select “Close.” For efficiency, install a “Close All” script to automatically exit all trades at current market prices. Confirm trade closures by checking the Account History tab.
How to manage multiple MT4 accounts?
Traders can operate multiple accounts by installing separate instances of the MT4 terminal, each linked to a unique broker login. Alternatively, multi-account management (MAM or PAMM) software allows professionals to execute trades across multiple accounts simultaneously. VPS solutions can maintain simultaneous logins efficiently.
How to trade multiple MT4 accounts?
Use trade-copier software that duplicates trades from a master account to multiple slave accounts. These applications sync order types, lot sizes, and stop levels. Ideal for fund managers or users diversifying strategies across brokers. Ensure latency between terminals is minimal for consistent execution.
How to copy trade in MT4?
Activate the Signals tab under Terminal, browse available providers, and click “Subscribe.” The system will replicate the provider’s orders in your account. Ensure sufficient margin and capital to handle mirrored trades. Subscription costs and performance fees vary per provider.
How to add indicators to MT4?
Custom indicators are installed by copying the .mq4 or .ex4 file into the MQL4 → Indicators folder inside MT4’s data directory. Restart the terminal and find them under Navigator → Indicators. Drag the indicator onto a chart to apply it. Indicators can also be downloaded directly from the MetaTrader Market or created in MetaEditor.
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