These plugins allow you to customize the MT4 platform according to your specific trading needs. Switching between various accounts in MT5 has been made smoother and faster. This seamless transition makes it easy to apply different trading strategies across multiple accounts.

• In addition to the free indicators provided by worldtradex, users also have access to the top 12 MT4 plugins.
• If you don’t want to close a counter position for a particular account, uncheck the box with this account.
• To activate an EA on a specific price chart, first enable the “Auto Trading” function on the toolbar.
• It is worth noting that when you select a specific instrument, only those accounts that have open positions for this instrument will be automatically displayed.
• One of its notable features is its easy installation and user-friendly design.
• Each MetaTrader 4 indicator and plugin has a distinct purpose, working together to create a cohesive toolkit that helps you execute optimal trading strategies.

Differences between the MT4 Demo Account and a Live MT4 Account

Pending orders for all or some of https://worldtradex.site/ the managed accounts can be placed in this tab. All open positions and pending orders are displayed in the “Orders” tab. All trading operations data is displayed as a table with fields. The MetaTrader 4 platform is thought out right down to the smallest detail. It seems like the developers didn’t miss a thing and managed to create a masterpiece that makes the lives of thousands of traders so much easier.

To delete a pending order, use the corresponding tab “Delete order”. In this tab, you can delete all or some orders for all or some of the managed accounts. + 5 types of trade volume distribution among accounts when placing a new order. The platform allows trading with several accounts at the same time without switching them. Once it’s installed, log in using your account number and the password provided by your broker in a registration email.

In this tab, one can close a position by a counter position for all or selected accounts. Each connected account with open counter positions is displayed in a table line. If you don’t want to close a counter position for a particular account, uncheck the box with this account. To close a position, select it from the account’s popup positions list, then check a counter position in the list of opposite positions and press “Close”. A trading platform is a software that allows traders to place trades in the international financial markets and monitor their accounts with financial intermediaries.

To get started, you need to connect MultiTerminal to the server – go to “Tools-Options” and select one of the available servers from the list in the “Server” tab. You can not only make notes on the chart but also place elements and figures, making the market picture more comprehendible. Each MetaTrader 4 indicator and plugin has a distinct purpose, working together to create a cohesive toolkit that helps you execute optimal trading strategies. MetaTrader 5 introduces enhancements for both automated and market orders. It supports the execution of 2 market orders, 6 pending orders, and 2 stop orders. Furthermore, the MetaTrader 5 platform comes with an integrated economic calendar.

Salient Attributes of the MT4 Demo Account

Several counter positions can be closed using the “Multiple Close By” tab. Counter positions for all or some of the managed accounts can be closed using this tab. Every connected account that has open counter positions and every open position are displayed in table lines. If there is no need to close positions for an account, this account line must be unchecked in the table.

The worldtradex MT4 demo account provides access to a wide range of markets and allows you to try out trading strategies risk-free. Additionally, this account offers the same selection of free plugins and indicators as a live account. Multiple close of several counter positions allows simultaneous closing of more than two counter positions for one instrument.

A Brief Guide to Silver Trading: Strategies, Tips, and Market Analysis

Select the trading instrument for which you want to close the position and click the corresponding “Close” button. It is worth noting that when you select a specific instrument, only those accounts that have open positions for this instrument will be automatically displayed. When you download worldtradex MT4, you’ll receive a collection of free indicators. They allow you to identify market trends and reversal points, as well as track historical highs and lows of a selected instrument. These indicators enhance your trading experience by offering valuable insights into your trading activities. The trading software provides access to a number of expert advisors that can be useful for novice traders who make their first steps in auto trading.

What is an MT4 demo account and how to use it?

worldtradex is a global online broker, offering its services since 2007. Our mission is to provide clients and partners around the world with the opportunity to become successful in the financial markets. Forex trading platforms are designed with user-friendliness in mind. Aiding in risk mitigation are mechanisms like stop-loss and take-profit orders, designed to optimize the sought-after profit margins.

• It seems like the developers didn’t miss a thing and managed to create a masterpiece that makes the lives of thousands of traders so much easier.
• Both platforms continue to serve different purposes and cater to different user preferences.
• To close counter positions for a particular instrument, press “Multiple Close By” button.
• To get started, you need to connect MultiTerminal to the server – go to “Tools-Options” and select one of the available servers from the list in the “Server” tab.
• The interface is similar to that of the MetaTrader 4 Client Terminal.
• Once it’s installed, log in using your account number and the password provided by your broker in a registration email.

Trading platforms MetaTrader 4 and MetaTrader 5

The interests of worldtradex’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim. MetaTrader 4 MultiTerminal is a new component of MetaTrader 4 Online Trading Platform, designed specifically for simultaneous management of multiple accounts. It’s an effective tool both for professional asset managers and for independent traders working with several accounts simultaneously. Thanks to the notification system, the trader does not need to wait for the price to reach the desired level, the platform will notify him at once. There are several ways to open a trade in MetaTrader 4, you can place an order even directly from the chart with 1 click. This video will provide you with step-by-step instructions on how to download, install the MetaTrader trading platform and connect it to your trading account.

MetaTrader 4 is rightfully considered the best trading platform among amateurs and professionals.

The new platform has addressed the limitations of MT4 and introduced various new features and interfaces. One noticeable change is its interface, which includes expanded menus. Some users find these menus more user-friendly and intuitive, while others consider them to be overly extensive. One of its notable features is its easy installation and user-friendly design. The platform was developed using the MQL programming language, which is popular among experts and runs smoothly even on computers with limited resources.

Decision-making, especially related to opening or closing positions, becomes more complex when real money is at risk. The worldtradex MetaTrader 4 demo account replicates the real MT4 platform, including four trading windows and a choice of over 80 markets. The new terminal successfully combines great functionality, which allows effective handling of multiple accounts, with exceptional usability. The interface is similar to that of the MetaTrader 4 Client Terminal. It is very user-friendly, any traders already using the MetaTrader 4 Client Terminal can easily familiarize themselves with this new program within a few minutes. In addition to the free indicators provided by worldtradex, users also have access to the top 12 MT4 plugins.