A forex industry expert and an active fintech and crypto researcher, Steven advises xcritical companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). For example, RoboForex advertises a $30 deposit bonus for clients who deposit at least $10. That said, it’s important to note that any subsequent losses are subtracted from your own balance first – not from the bonus amount.

An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom xcritical reviews outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.

We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Your minimum deposit requirement at RoboForex will depend on your chosen account type and deposit method. The minimum deposit required for the Pro, ProCent, Prime, and ECN accounts is $10 (or, €10).

RoboForex MT4 MultiTerminal allows you to work with a lot of accounts on the same trading server. MetaTrader 4 MultiTerminal – is a tool that can help you to manage your trading operations from Members Area more efficiently. MT4 MultiTerminal makes trader’s work much easier because it provides an opportunity to trade on several trading accounts of the same type.

1. Read our full explanation and accounting of our research and testing process to learn more about how we test.
2. As a result, even in case of failures and malfunctions on your local PC, your EAs will continue operating steadily on this virtual recourse.
3. Your minimum deposit requirement at RoboForex will depend on your chosen account type and deposit method.
4. Upon the completion of this procedure, the copied terminal with all your settings will start operating on a remote VPS server.
5. MetaTrader 4 is a third-party trading platform that connects to a broker for forex trading.

An account with the tightest spreads available at RoboMarkets. Install MT4 on your desktop PC, and you will have a comprehensive tool for technical analysis. Trade currencies, stocks, or indices – the MetaTrader 4 platform has everything you need for a professional market research. Also, you have an opportunity to use a web version of MetaTrader 4 platform, which is supported by all available browsers.

Additional ways to install MetaTrader 4

However, RoboForex requires a minimum deposit of $100/€100 for its proprietary R StocksTrader platform. Another way to open a new order is using “One click trading” function. To do this, right-click on the chart and choose “One click trading” (Alt+T).

Clicking the red button (Sell by Market) opens a short position at the specified price, while clicking the blue one (Buy by Market) does the opposite – opens a long position. To place a pending order, one has to choose “Pending Order” from “Type” drawdown list. MetaTrader 4 can be easily installed both on a desktop computer and mobile devices, such as tablets and smartphones. The easiest way to do it is to login to your Members Area at Roboforex.com, download MetaTrader 4 setup file for free, and install it on your mobile device of PC.

Algorithmic trading

Choose and download the trading platform, which answers your purposes best. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

Distinctive features of RoboForex MetaTrader 4 MultiTerminal:

He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

Get the latest Ford Motor Company stock forecast for 2024. It combines the highest order execution speed with competitive trading conditions. The MT4 web platform allows trading from different operating systems with no download of additional software necessary. This convenient mobile application for smartphones and tablets allows you to manage your accounts and positions from anywhere in the world. The choice of experienced traders, which combines the highest order execution speed and competitive trading conditions. Scammers will often impersonate legitimate brokers via a strategy called “cloning.” It’s important to know the difference between a bogus website and your broker’s domain – learn more about how to avoid forex scams.

The MT4 web terminal offers the same features and performance as the desktop version, and is still available in all languages supported by RoboForex websites. Manage your positions freely and easily from any place in the world. As has been already mentioned above, Wine is not a completely stable software.

How to open an order in MetaTrader 4

In the newly-opened, choose the trading instrument symbol and specify the position volume. Right here, one can set Stop Loss (for limiting possible losses) and Take Profit (for taking profit) levels. By default, “Type” field offers “Market Execution” and then there are two buttons, “Sell by Market” and “Buy by Market”. To open a demo account, go to your PMA Main Menu and proceed to Accounts — Open a new account — Demo account.

MetaTrader is not only a desktop platform, but also a convenient browser web terminal, which can match the classic version in performance and functionality. Manage your positions and trading accounts directly from a browser from any location with an internet connection. An account type for testing strategies and EAs, as well as smooth transitioning from xcritical reviews a demo account to real trading.

For a small fee, you will get access to a network server and copy your MetaTrader with all customized EAs 4 there. As a result, even in case of failures and malfunctions on your local PC, your EAs will continue operating steadily on this virtual recourse. Therefore, we made additional efforts to protect our liabilities to Clients through the Civil Liability Insurance Policy for brokerage companies up to 2,500,000 EUR. This program includes market-leading insurance coverage in case of risks that may lead to financial losses of clients (such as fraud, omissions, negligence, errors, and others). There is a very high degree of risk involved in trading securities.

Choose the MT4 trading platform, account type, leverage, deposit size; invent a password, and click Confirm. MetaTrader 4 is a trading terminal that has become a classic among retail investors of the currency market. It includes all the instruments necessary for trading, and a wide range of analytical opportunities. Thanks to a user-friendly interface, MT4 is one of the most frequently downloadable trading platforms. This page presents the trading terminals available for trading on the financial markets. Each of the platforms, depending on your preferences, can be installed on your PC or smartphone.