How to use the MetaTrader4 platform: Download and installation

MetaTrader 4 (MT4) is a trading platform developed by MetaQuotes in 2005. While most associated with Forex trading, MetaTrader 4 can be used to trade many other markets including indices, cryptocurrencies, and commodities in the form of CFDs. In this video article, we will show you how to download and install MT4 on your PC.


In this video, you will learn:

  • how to register a demo or real account
  • how to create your profile on the Purple Trading website
  • how to download the MT4 platform.

The force of habit

The MT4 platform is extremely popular because of its flexibility, which allows you to apply almost any strategy. It can also be used to automate trading through systems that open and close trades for you. The availability of trading on the MT4 platform when choosing a broker is even key for many traders, hence it is hardly surprising that almost every entity on the market has it.

Of course, despite many advantages, the MT4 platform has some limitations due to its age, lagging behind the newer competitor - cTrader in many respects. However, the loyalty of investors and the number of guides on the web will ensure MT4's first priority on the market for many years to come.


How to start trading with MetaTrader 4?

To start trading with MetaTrader 4 platform, you first need to download the MT4 from Purple Trading and install it on your computer. To open your first position you must register your account with Purple Trading.

If you do not feel up to investing real money immediately, you can open a demo account where you can verify your skills without risking losing your capital.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.60 % of retail investors lose their capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.