Metatrader 4 (MT4) is a trading platform widely used in the forex industry. It comes equipped with numerous features, tools, and instructional resources, making it easy to use for both novice and professional traders. MT4 is available on multiple devices, including iOS, making it convenient to trade on-the-go. In this article, we will be introducing you to Metatrader 4 Iphone/Ipad ios and how you can use it to your advantage.
Setting up MT4 on your iOS device
Setting up MT4 on your iOS device is similar to setting up any other application. Once you download the app from the app store, you can log in using your broker account credentials. If you don’t have a broker account yet, you can create one via the app. After logging in, you can get started with trading by accessing the instrument panels for forex, commodities, CFDs, and more.
MT4 user interface
MT4’s user interface is well-organized and user-friendly. You can view multiple charts simultaneously, customize the chart layout, and add various indicators, technical analysis tools, and trend lines. You can also zoom in and out of the charts to suit your preference.
Placing trades in MT4
MT4 allows users to execute trades with just a few clicks. You can place trades by selecting an instrument and entering the number of units, stop loss, and take-profit levels. The app also provides real-time price quotes, which allows you to execute trades at optimal prices.
Monitoring your positions in MT4
Monitoring your trades is vital to managing your portfolio. MT4 offers various features such as the trade tab that shows your open positions, account history with detailed logs of all your trades. You can set stop-loss and take-profit levels to manage your risk exposure.
Additional tools in MT4
Metatrader also has an economic calendar which informs users of upcoming market events promptly. You can also keep track of your account’s activity via email alerts. In the same vein, you can use push notifications for instant updates on your trades. MT4 also boasts advanced charting capabilities, including custom chart templates and visual representations of trading positions.
Conclusion:
Overall, MT4 is an excellent forex trading platform that is highly recommended for traders of all levels of expertise. The iOS app version is specifically designed for people who prefer trading on-the-go. The app’s interface layout and its numerous features make trading not only accessible but enjoyable. With features such as alerts, visual aids, and an economic calendar, users can keep track of the market in real-time. Don’t hesitate to give Metatrader 4 on iOS a try and watch how it opens up a new world of trading opportunities on-the-go.
