Manuals

1. How to download MT4 terminal?

MetaTrader is the most popular front-end application in the currency trading industry. It provides the necessary tools and resources to analyze price dynamics of financial instruments, and make trade transactions. It represents the all-in-one concept and is derived from the most popular trading terminal in the world. It can be installed on various devices, including macOS-run computers through the Wine application.

It can be downloaded from our site. You start with pressing the corresponding button (“Download MT4 Terminal”) and save the installation package on your computer. Then you install the package following the instructions given by the program itself. The terminal will signal about the end of an installation process and MT4 will be started automatically.

2. How to enter a trading account through MT4?

When you enter the installed MT4 terminal for the first time, you should get authorised. You enter the login and password for your trading account (or demo account) and press “Enter”. Remember, if you open a new account, the registration info should be confirmed via email.

If the authorisation is successful, you enter the terminal and can start trading. A special indicator shows whether you are connected to the MT4, or not. You may switch between the existing account if you have several of them.

If you have problems while entering a trading account, please, contact your account manager.

3. How to open and close positions while trading via MT4?

Opening of a position, or entering the market, is the first buying or selling a security traded. Position can be opened either by execution of a market order or by automatic triggering of a pending order.

To open a position using a market order, one has to execute a corresponding command in the main menu. After that, the "Order" window will open to manage trade positions. After all necessary data have been specified, one has to press the "Sell" or "Buy" button. At that, the order for opening of a short or long position, respectively, will be sent to the broker.

Opening a position with a pending order is similar to the above mentioned procedure. You choose the “New Order” section of the main menu and select "Pending Order" in the "Type" field of the context menu.

Buying or selling of a security opens a trade position. Then, in order to gain profit, one has to close it. This trade operation is reversed towards the opening one. Positions can be closed differently in the client terminal: it can be closing of a single position, or a multiple close by several positions.

4. What is one-click trading?

The one-click trading allows you to open or close a trade with just one click. Once a trading account has been entered, clicking on the buy or sell price will send the order straight through for processing. You won't be asked to confirm the order, it will be placed on the market immediately. Remember, that you will not have a chance to cancel the order once you have clicked a buy or sell price, so, please, take care when using one-click trading as there is an increased likelihood of unintentionally submitting an order.​

5. What are the types of Forex orders?

To open a position of any kind in the Forex market, you need to place an order. The five main order types are:

Market orders (instant-execution orders, which means that you are buying or selling a currency instantly at the best available price).

Limit orders (they become active only if certain conditions are met; for instance, you want to buy an asset at a cheaper price, thus the order gets active when the price of the asset goes down).

Stop orders (like limit orders, stop orders become market orders once certain conditions are fulfilled; you’d use stop orders to buy above the market, or sell below the market).

Take profit orders (a take profit order automatically closes your position when the target price is reached).

Stop loss orders (stop loss orders are similar to take profit orders, with the difference that they are used to limit your loss).

6. What is leverage and margin trading?

Two concepts that are important to traders are margin and leverage. Margin is a loan extended by your broker that allows you to leverage the funds and securities in your account. In order to use margin, you must open and be approved for a margin account. The loan is collateralized by the securities and cash in your margin account. The borrowed money doesn't come free, however; it has to be paid back with interest.

Going hand-in-hand with margin is leverage; you use margin to create leverage. Leverage is the increased buying power that is available to margin account holders.  Essentially, leverage allows you to pay less than full price for a trade, giving you the ability to enter larger positions.

7. What currency pairs are the most volatile?

Exotic pairs are often the most volatile. That is, they can move more than 400 points in a single day. An exotic currency pair includes a major currency and the currency of a developing economy (such as Brazil or South Africa). These pairs are usually not traded as often due to high transaction cost as a result of the absence of liquidity in these markets. However, you can use them for CFD trading, which is trading based on contracts between traders and brokers. You can trade these and many other currency pairs using the CFD trading mechanism on our site.