Wed. Feb 28th, 2024

As an international broker, InstaForex can boast impressive loyalty and demand among traders, which is easily explained by its transparent and affordable fee policy and exhaustive functionality for quick and easy trading. For the sake of your comfortable start on this platform, we are going to tell you about one of the two terminals available — namely, MT4.

As of today, MetaTrader 4 is a terminal for trading foreign currencies, ETFs, indices, commodities, stocks, and other instruments. It is valued due to its ease of use, intuitiveness, and advanced research functionality.

Speaking about InstaForex MT4 benefits, they include:

·         superfast one-click trading for saving time and effort;

·         sending two orders at once;

·         four pending orders are supported;

·         9 time frames for both short- and long-term monitoring;

·         a huge selection of indicators;

·         customizable charting functionality;

·         automated expert advisors for personalized trading signals;

·         trailing stops;

·         locking positions regardless of market conditions;

·         the most recent news;

·         real-time quotes;

·         in addition to a desktop program, it is available in web and mobile formats;

·         compatibility with Windows, as well as iPhone and Android mobile operating systems;

·         128-bit encryption of data.

Do you want to test all those features in practice? Then, let us explain to you how to utilize this terminal:

1. Decide whether you plan to trade on your PC or mobile device and download the corresponding format — either from the official website of the broker or the app store.

2. Start the app or the program.

3. If you do not have an InstaForex account, create it.

4. Specify whether you need a profile for an individual or a company.

5. Insert your email address.

6. Fill in the personal and contact details.

7.    Make a complicated password and code word.

8.    Choose the account type, basic currency, and leverage needed.

9.    In case you are invited to this brokerage platform by your friend, do not forget to enter the referral code so that he can get his reward.

10. Select the currency pair, view its recent fluctuations, apply technical indicators to find out whether it is a favorable moment to execute a buy/sell operation.

11. Keep in mind that this platform offers numerous features for automated trading like expert advisors, trailing stops, take-profit orders, etc.

12. When you are ready, place your trade.

In general, MetaTrader 4 from InstaForex is a good choice for both novice and seasoned investors as it is totally user-friendly. Follow our instructions to set it up and see that for yourself.

By Manali