Whether you’re an experienced trader looking to become a pro or a noob just learning the ropes, using a trading software can help make you a more successful trader. If you’re just getting started, that’s great! You can start with something simple and get your feet wet with it. But once you figure out how things work, you want to be able to move forward and take your trading to the next level. That’s where trading software like MetaTrader 4 comes in. This is the most popular trading software for both advanced and new traders alike. Whether you’re looking to get started with stocks or cryptocurrencies, you can use MT4 to make money trading those stocks and ETFs. And because we only recommend products we believe in (see our Disclaimer page), you can rest assured that when it comes to making money from cryptocurrency investing, MT4 is the way to go.
What is MT4?
Many people are new to the world of trading and find themselves confused and overwhelmed by the various programs and software out there. It’s natural to want to try out as many different trading platforms as possible in an effort to maximize profits, but ultimately, we recommend sticking to what we feel are the top-performing trading platforms. That’s where MT4 comes into the picture. MT4 is the most popular trading software for both advanced and new traders alike.
How to Use MT4 to Make Money Trading Stocks and ETFs
Just as with most investing strategies, you want to use the most efficient method to make money with the least amount of effort. That’s why we recommend using software like MT4. First, you’ll want to familiarize yourself with how to use the software. Once you’re comfortable using it, you can jump right into how to trade. First, find a broker that’s right for you. Some people like to use a brokerage they’ve been using for a while, while other people like to use a new brokerage they’ve just begun using. You can use our brokerage finder to find a broker that best meets your needs. After you find a broker that fits your needs, it’s time to log in and start trading. To log in, all you need to do is click on “Trading” in the top-right corner of the screen, and then select “New Account” from the drop-down menu. You’ll then be taken to a new window where you can fill out a few information forms. Once you’re all set up, click “Next” to begin trading.
How to Trade with MT4
Once you’ve logged in and begun trading, you’ll notice that the software isn’t very user-friendly. That’s because software like MT4 was built with functionality and ease of use in mind. To make things easier, we’ve compiled a list of the top features of MetaTrader 4 that every trader should know. We hope this list helps you quickly get up to speed with how to use the software.
Remote Trading – Remote trading is a feature that lets you trade stocks and ETFs from home or anywhere with an Internet connection. You can even use it on airplanes! It’s like having your own trading room at home.
Leverage – When it comes to making money from investing, you don’t just want to put in the work. You want to make sure that you’re getting value for your money, too. That’s why trading with leverage is such a great option. You can invest in stocks that have a market value of $100 million or more, and still make a profit of $10 million!
Advanced Charts – The charts and graphs that appear on the interface of MT4 are highly advanced. While they show you the current price of shares or ETFs, they also provide you with important information such as the volume of trading, the open and close prices, and technical indicators.