Mobile
Learn How to Use MetaTrader 4 (MT4) on Mobile
This guide will walk you through the process of downloading, installing, and using the MetaTrader 4 (MT4) mobile app. MT4 is a popular platform for Forex trading, and TMGM supports this platform for its clients. Here's how you can get started with MT4 on your mobile device.
STEP 01
Download and Install MT4
1
For Android users: Open the Google Play Store on your device, search for 'MetaTrader 4', and download the app. Make sure you're downloading the official MetaTrader 4 app by MetaQuotes Software Corp.
2
For iOS users: Open the App Store on your device, search for 'MetaTrader 4', and download the app. Make sure you're downloading the official MetaTrader 4 app by MetaQuotes Software Corp.
STEP 02
Open a TMGM Account
Before you can start trading with MT4, you'll need to have an active account with TMGM. If you haven't already done so, visit TMGM's website and follow the instructions to open an account. You'll need to provide some personal information and documentation for identity verification purposes.
STEP 03
Log into Your TMGM Account on MT4
1
Launch the MT4 app on your mobile device.
2
Tap on the 'Settings' icon, then select 'New Account.'
3
Enter 'TradeMax' in the search bar, and select the relevant server for your account (either TradeMaxGlobal-Demo or TradeMax-Live, depending on whether you're using a demo or live account).
4
Enter your login details (these will be the same as your TMGM account login details) and tap 'Sign In'.
STEP 04
Get Familiar with the MT4 Interface
Here are the key features you should familiarize yourself with:
1
Quotes: This tab displays live price quotes for various currency pairs. Tap on a pair to see more options, like opening a new trade.
2
Charts: This tab displays real-time charts for different currency pairs. You can customize these charts according to your preferences.
3
Trade: Here, you can manage your orders, trades, and positions.
4
History: This tab displays the history of your past trades.
5
Settings: This is where you can manage your account settings and preferences.
STEP 05
Place a Trade
1
Navigate to the 'Quotes' tab.
2
Tap on the currency pair you wish to trade.
3
Tap 'New Order.'
4
Enter the details of your trade, such as volume (lot size), stop loss and take profit levels, if desired.
5
Choose the type of order: 'Instant Execution' for immediate trades, or 'Pending Order' to set up a trade that will execute when certain conditions are met.
6
Tap 'Place' to place your trade.
STEP 06
Analyzing the Market
The 'Chart' section provides different tools for analyzing the market. You can customize the appearance of your charts, apply various technical indicators, and use graphical objects for a more comprehensive analysis.
STEP 07
Monitoring Your Trades
The 'Trade' section of MT4 also lets you monitor your open positions. Here, you can see how your trades are performing in real time, and if necessary, adjust your stop loss and take profit levels.
Frequently Asked Questions
Can I set up indicators and technical analysis tools on MetaTrader 4 mobile?
Yes, MetaTrader 4 mobile allows you to set up indicators and use various technical analysis tools. You can access the indicators by tapping on the "Indicators" icon on the trading interface. From there, you can choose from a wide range of pre-installed indicators or install custom indicators.
Is it possible to receive push notifications for trades and price alerts on MetaTrader 4 mobile?
Yes, you can set up push notifications for trades and price alerts on MetaTrader 4 mobile. To do so, go to the settings within the app and navigate to the 'Notifications' or 'Alerts' section. Enable the relevant notifications, and you'll receive alerts on your mobile device when specific events occur.
Can I access my trading history and account statements on MetaTrader 4 mobile?
Yes, you can access your trading history and account statements on MetaTrader 4 mobile. Open the app's menu, go to the 'History' or 'Account History' section, and you'll be able to view your past trades, orders, and account statements.
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