Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
How to Set Up MetaTrader 4 & 5! Like a Pro
Abstract：MetaTrader 4 and 5 are well-known trading platforms commonly used in the trading community. But Why are these platforms widely popular among traders and investors?
MetaTrader 4 and 5 are well-known trading platforms commonly used in the trading community. MT4 (MetaTrader 4) and MT5 (MetaTrader 5) are two of the most popular trading platforms used by forex and CFD traders around the world. They were developed by a company called MetaQuotes Software.
Features of MT 4 & 5
Why are these two platforms widely popular among traders and investors?
1. User-Friendly
Both MT4 and MT5 have easy-to-use, beginner-friendly platforms, making them ideal for both new and experienced traders.
2. Advanced Charting & Tools
They offer powerful charting tools, multiple timeframes, and hundreds of indicators — perfect for technical analysis.
3. Accessible
MT4 and MT5 run smoothly even on basic internet and older systems, which makes them accessible globally.
4. Security
MetaTrader platforms offer encrypted data and secure login, which builds trust among investors and traders.
5. Multi-Device Access
Available on Windows, macOS, Android, and iOS — so traders can stay connected and trade from anywhere.
Steps to Set up MT 4 & MT5
1. Download MetaTrader 4 or MetaTrader 5.
2. Login to Trade Account
Enter your:
o Account number
o Password
o Server name (provided by your broker)
3. Choose demo or real account what you're using.
4. Use candlestick chart for better visual analysis.
5. Add technical indicators: RSI, MACD, Moving Average, etc.
6. Set timeframes: M1, M5, H1, D1 depending on your trading style.
7. Arrange your charts and windows.
8. Go to: File → Open Data Folder → MQL4 (or MQL5) → Indicators / Experts
9. Enable One-Click Trading
10. Open a demo account and test your setups, indicators, and EAs.
Pro Tip - Use the “News” tab or integrate an economic calendar . Follow market events and news for better decision-making.
Stay Informed
If you're interested in reading more informative articles about forex brokers. We recommend you to download WikiFX App. Stay updated with the latest developments in the forex market—including Scam brokers list, Regulatory warnings, Broker News and in-depth Broker Reviews .You can access all this valuable information directly through the WikiFX App or by visiting the News section on the WikiFX website.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
JP Markets Review: High Spread & Commission, Fake Bonus Lure & Withdrawal Hassles Frustrate Traders
Have you been lured into opening a JP Markets Forex Trading Account with a high bonus offer that never existed? Have you found the spread and commission charges higher on JP Markets Login than what’s advertised on the broker’s website? Wondering why you are not able to withdraw funds from your trading account? Well, all of these hint at a potential forex investment scam. Many traders have expressed their disappointment while sharing the JP Markets Review online. In this article, we have shared certain complaints. Take a look at them.
Original 11h
Angel one 2025 Review & Complaints
Angel One is a well-known name in the forex market. People are familiar with the name , but is this broker really worth your interest? What do real users say about Angel One, and what complaints have they shared? In this Angel One 2025 review, you will explore all these details.
Original 12h
Exclusive Markets Under the Scanner: Traders Report High Swap Charges, Deposit Discrepancies & More
Is your forex trading account experience at Exclusive Markets far from good? Do you witness high swap fees and daily charges? Does the deposit fail to reflect in your Exclusive Markets Login? Don’t receive adequate response from the customer support official on your trading queries? You are not alone! Traders have already alleged that the forex broker is involved in these activities. In this Exclusive Markets WikiFX review article, we shared some traders’ comments. Read on to know about them.
Original 12h
Interactive Brokers Fined for FINRA Market Data Lapses
Interactive Brokers fined $150,000 by FINRA over Vendor Display Rule violations and supervisory gaps; firm adds real-time consolidated data displays.
Original 13h
WikiFX Broker
Latest News
Is Nash Markets Regulated or Risk? Truth About Nash Markets’ License & Withdrawal Issues
WikiFXWebull Widens Crypto Futures with Coinbase Derivatives
WikiFXLatest FCA Daily Alerts and Consumer Warnings for 2025
WikiFXCySEC Blocks Certification Access to Combat Advisor Impersonation
WikiFXAngel one 2025 Review & Complaints
WikiFXExclusive Markets Under the Scanner: Traders Report High Swap Charges, Deposit Discrepancies & More
WikiFXInteractive Brokers Fined for FINRA Market Data Lapses
WikiFXAmillex Broker Affiliate Program: A Complete Guide to Earning with Referrals
WikiFXSaxo Bank Japan Expands European Stock Portfolio with UBS, Ferrari, and Other Major Names
WikiFXIs Amillex Safe or a Scam? Understanding Rules and Security
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate