Is it safe to use MetaTrader 4 to speculate on Forex?

MetaTrader 4 is a software that is supported by almost every platform.

The security issue depends on whether the platform you use is regulated by ** This has nothing to do with this software.

Summary. First, in general, the best way to identify whether the platform is formal and whether the funds are safe is the best way:

1. Look at the supervision of the platform. The three major regulatory places of global foreign exchange are Australian ASIC, British FCA, and US stock FNA. Generally speaking, the most stringent foreign exchange licenses are in the United Kingdom and the United States.

2. Multiple withdrawals to see if they can be received normally. If these two points of review are okay, the platform is secure.

The cooperative dealer is regulated by the UK FCA (license number: 679941), which is the most strictly regulated place in the world. The deposits and withdrawals of customers are directly entered into the supervised accounts of overseas dealers, and the safety of customer funds is guaranteed.

Is MetaTrader 4 legitimate?

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Hello dear, MetaTrader 4 is regular and legitimate.

MetaTrader4 is a trading platform that is a third-party foreign exchange trading software. Don't guess the object, there are also pirated soft spike search pieces on the market.

MetaTrader4, abbreviated as MT4, is an internationally used third-party foreign exchange trading software, which is neither a dealer nor a trading platform. The premise of using MT4 is that the dealer has spent money to buy the right to use MT4. When a broker spends money to buy access to MT4, the broker will have its own server in the MT4 trading software for investors to use.

MT4 is not a trading platform, but an internationally used third-party foreign exchange trading software, and the safety of investors' funds has nothing to do with MT4, but has to do with whether the dealer is subject to the supervision of the regular liquid travel chain. Additional Information:

First, generally speaking, the best way to identify whether the platform is formal and whether the funds are safe: 1. Look at the supervision of the platform. The three major regulatory places of global foreign exchange are Australian ASIC, British FCA, and US stock FNA.

Generally speaking, the most stringent foreign exchange licenses are in the United Kingdom and the United States. 2. Multiple withdrawals to see if they can be received normally. If these two points are okay, the flat chamber table is safe.

The cooperative dealer is regulated by the UK FCA (license number: 679941), which is the most strictly regulated place in the world. The deposit and withdrawal of customers are directly entered into the supervision account of overseas dealers, and the safety of customer funds is guaranteed.

Forex is not, MT4 is software for trading Forex, and it is not, they are all legal abroad. But it's hard to say in China, ** may use these to deceive people.

This software is the use of the so-called teacher to cheat money game, at the beginning of the small profit, and then began to lose money, back to the loss and said.

Answer that you are avoiding in time, and then make a small profit, and finally lose a big one, and then you need to continue to invest and increase your position until finally your money is gone. The most important point of information is that you can see whether the account you are transferring funds from is personal or platform. This can't be faked.

If it's an individual, then it proves that this individual is operating, and there is a possibility that your money will not be returned. Don't be blinded by the blindness and psychology of your own interests, stay away from people who come from a victim. The whole process has small profits on the books, and ordinary transactions generate high fees and no big returns.

Only big losses fall into the trap step by step. Using the mentality of investors to catch up with the capital to trap the funds, the meat in hand generally cannot run away.

The easiest way to enter a trade in MetaTrader 4 is to use"Order"window, and then place an instant order in the market. By clicking on the top of the MT4 platform"window"tab to select the desired currency pair, and then select"New window"。Next, you can click on the MT4 toolbar"New order"Or press F9 to turn on"Order"Window.

The screenshot shown below shows the EUR USD currency pair"Order"Window. From this, you should be able to see how easy it is to buy and sell with MetaTrader 4. If you want to trade with Market Sell, you need to be in the"Volume"box, enter the desired trade size (in lots) and click"Sell or buy"and select"Market Execution"as an instruction type.

Exactly"Market Execution"The settings enable you to place instant orders in MetaTrader 4. Of course, trading at market prices is not the only way to trade in MetaTrader 4. You can also download from:"type"Drop-down menu, by using a limit or stop order** or sell.

This is a method of buying and selling on MetaTrader 4 at a specific desired level (not the current market**), rather than immediately executing at the current **.

2- Open an account

If you are using MT4 for the first time, you will need to fill in your account information. This will connect you with your broker, and you will also identify some important information in this step, such as leverage, account type, and your deposit. On a demo account, you can set the deposit amount to any amount.

Click Next, and MT4 will start connecting to the server, displaying a ping value indicating the strength of the connection.

3- Personalize the interface

You may not know how to use MetaTrader 4 at first, but it's not difficult to get to grips with the screen layout, which can be personalized to your liking. A good practice is to first open the Market screen (CTRL+M), which shows a list of currencies. Right-clicking on any of them will give you the option to upload the chart to the main window.

**Can also be added via the new chart in the file.

Once you have some charts, head to the window to tile vertically, which will bring all of your charts to you. If you have more than one display, you can open as many charts as you want.

For further personalization, there is a dashboard below the main toolbar that displays the chart time periods: M1 (1 minute), M5, M15, M30, H1, H4, D1, W1, and MN. You can use the Alt+1, Alt+2, and Alt+3 key combinations to switch between different chart display options.

4- Trading

Right-clicking on a serial port in the market will bring up the option to create a new order for the selected currency. You can also select the chart window of your choice and click on the new order icon in the top toolbar. MT4 usually has multiple ways to get a job done.

Once the new order window opens, you can enter your buy and sell direction, lot size, stop loss, and take profit levels.

Foreign exchange investment refers to the exchange between different currencies carried out by investors in order to obtain investment returns. Foreign exchange is the abbreviation of "international exchange", which has two meanings: dynamic and static.

The meaning of dynamic refers to a specialized business activity that converts the currency of one country into the currency of another country in order to pay off international creditor's rights and debts. The meaning of static refers to foreign currencies and assets denominated in foreign currencies that can be used for international settlements.

The term "foreign exchange" is commonly referred to in terms of its static meaning. It is characterized by high risk, but controllable risk, flexible operation, large leverage ratio, high returns, etc. Foreign exchange investment methods are divided into:

Fixed foreign currency savings, foreign exchange wealth management products, option deposits (including foreign currency deposits linked to exchange rates), foreign exchange rate investments.

The reasons for the exchange rate trend are very complex, and even Warren Buffett, the stock god, missaw the trend of the dollar in 2012.

In order to grasp the medium- to long-term trend, we must first understand some of the most driving fundamental elements: First, foreign exchange, which seems to be far away from the general public, is closely related to everyone in the world. Foreign exchange trading is also an important form of investment or financial management for many people.

Let's analyze what is foreign exchange with you.

The concept of forex has a double meaning, that is, there is a distinction between dynamic and static.

The static concept of foreign exchange is further divided into the concept of foreign exchange in the narrow sense and the concept of foreign exchange in the broad sense.

Foreign exchange in the narrow sense refers to various means of payment expressed in foreign currencies, which are generally accepted by all countries and can be used for international settlement of claims and debts. It must have three characteristics: payability (assets that must be expressed in foreign currency), accessibility (claims that must be compensated abroad) and fungibility (assets in a foreign currency that can be freely convertible into other means of payment).

Foreign exchange in a broad sense refers to all assets owned by a country that are denominated in foreign currencies. The International Monetary Fund (IMF) defines this as "foreign exchange is a claim that can be used in the event of a balance of payments deficit held by monetary authorities (**banks, monetary management institutions, foreign exchange equalization** and the Ministry of Finance) in the form of bank deposits, treasury bills of the Ministry of Finance, long-term and short-term ****."

China's Regulations on Foreign Exchange Administration, amended and promulgated in 1997, stipulate that "foreign exchange refers to the following means of payment and assets expressed in foreign currencies that can be used for international settlement: a foreign currency, including coinage, banknotes, etc.; 2. Foreign currency payment vouchers.

Including bills, bank deposit certificates, postal savings certificates, etc.; 3. Foreign currencies have value**, including **public bonds, treasury bills, corporate bonds, **, coupons, etc.; 4. Special Drawing Rights (SDRs), European Currency Units; 5. Other foreign exchange assets. ”

The dynamic concept of foreign exchange refers to the flow of currency between countries and the exchange of one country's currency for another country's currency to pay off international claims and debts. It is the abbreviation of International Exchange (ForeignExchange).