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For download Metatrader, installing and starting MT4 refer to our Metatrader 4 download  section  | More
Watch video below to learn MT4 very basics | Click For an Up to Date MT4 Tutorial
MT4 Trading Videos: 1. Aggressive trader   2. Quick Forex Money  3. Scalping as the Dow Jones open
4. Trailing Stop in MT4  5. Quick Mind Change  6. The Power of Hedging  7. Boo-Trailing Stop
8. 10 pips on the third dip  9. Bad Hedging Mistake  10. 10 pips in 5 minutes scalping
11. 5 pips up and another 5 down  12. Protection from big loss liquidation  13. FXCM 100 million Demo
MT4 First Start tutorial
After you start MT4 for the first time, 4 charts will appear. Simply close all 4 charts and do the following 3 simple steps
1- In the event you do not see your currency pair in the market watch list, right click anywhere on the list and select SHOW ALL 2- To make your currency appear on the chart, Right click on your desired pair and click CHART WINDOW 3- After your chart appears select proper zoom and time frame. To make a new order right click anywhere on the chart and select TRADING > New Order
New order Window shown below
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In the symbol drop down menu, you will see your symbol preselected, but make sure you do not touch your mouse wheel because it selects other symbols. In the Volume drop down menu select the desired lot size: 1.00 = 100 000 of the selected currency 0.01= 1000, or you can input any desirable lot size by hand. The SELL and BUY buttons are clearly visible under their corresponding bid and ask prices YOU click on SELL button if you want to profit when the price goes down, and click on the BUY button if you want to profit when the price goes up.  | More
Any order you make will appear on the above trading terminal window, to close an order double click on it on the above window and the CLOSE order window shown below will appear and you need to click the YELLOW BUTTON to close your order, and once an order is closed you will end the open position and take its loss or profit. The Summary Line in bold: Balance means account balance including recent profits, but floating profit/loss not included, Equity means same balance but after floating profit/loss included, Margin means the amount of your deposit laid out for your open positions, FREE MARGIN is the amount of protection against the market and the amount of your Equity that is not used yet, and also not been consumed by your losing positions, When you run our of FREE Margin, one or more of your larger positions will be liquidated resulting on severe loss ! To avoid margin calls do not use more 10% of your purchasing power and you should be able to withstand normal market conditions, If market is very volatile use only 5% of your Free margin. Before you run out of Free Margin you have the options to close trades with least losses to Free Margin, After you run out of FREE margin most losing trades will be closed in order to Free margin in the account. | More
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The profit column in the Terminal window will track all your orders profit and losses and will show you the total, negative numbers mean loss while positive numbers mean profit. However this is floating and nothing is permanent until you close orders.
However if you double click on an order under S/L or T/P columns above, you can create or modify stop loss or take profit limits on your orders you can select the proper points as presets to be copied to the fields by simply clicking on the  Copy AS buttons
In the order window, if you select Pending order as Type instead of instant execution the window look as shown below:
Your orders from the above window will not be executed immediately, but only when the market price meets your condition.
The above simple process of ordering and closing orders, assigning a profit limit or a stop loss to an order, or placing a market order that executes automatically when your price is available are the most important aspects of MT4 usage. The trading platform is feature rich and you can even assign robots to trade automatically while you sleep. Be sure to test robots on demo accounts for a long time before allow live account trading.

There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.

More over, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. To manage exposure, employ risk-reducing strategies such as 'stop-loss' or 'limit' orders.

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