FxPro MetaTrader 4
MetaTrader 4 (MT4) is the world's most popular and longest-running retail trading platform, and FxPro provides a highly optimized version of it. While FxPro also offers the newer MT5, cTrader, and their proprietary platform, MT4 remains the classic, industry-standard choice, particularly for Forex traders.
Key Features of FxPro MetaTrader 4
FxPro's MT4 platform is designed to combine the platform's trusted functionality with FxPro's No Dealing Desk (NDD) execution model, which ensures fast and transparent trade execution.
1. Focus and Interface
The Forex Standard: MT4 was built specifically for Forex trading and is therefore exceptionally user-friendly for currency traders. Its interface is simple, intuitive, and highly reliable.
Widespread Compatibility: It is the most widely supported platform globally, meaning there's a huge community, vast resources, and a massive library of custom tools available.
2. Analytical Tools
Charting: The platform includes 9 timeframes (from M1 to Monthly) and 3 chart types.
Indicators: You get access to over 50 pre-installed technical indicators and dozens of analytical objects to perform technical analysis.
Customization: Charts are fully customizable, allowing traders to adapt their workspace for precision monitoring.
3. Automated Trading (EAs)
Expert Advisors (EAs): MT4 is famous for its Expert Advisor (EA) support for automated trading. It uses the MQL4 programming language, which is well-established for coding basic to complex trading robots.
Strategy Testing: The platform includes a robust Strategy Tester for backtesting and optimizing your EAs using historical data.
VPS Support: FxPro supports the use of a Virtual Private Server (VPS), which allows your EAs to run 24/5 without interruption, even when your personal computer is off.
4. Account and Execution Flexibility
Hedging Mode: MT4 allows traders to use the hedging position system, meaning you can hold simultaneous buy and sell positions on the same instrument.
Execution Models: FxPro MT4 accounts often offer a choice between Instant Execution (where you can specify both volume and price, potentially facing requotes if the price changes) and Market Execution (where the order is filled instantly at the best available price).
Account Types: MT4 is compatible with FxPro's various account types, including the Standard (spreads only) and the Raw+ (zero spreads plus commission) accounts, depending on your regulatory jurisdiction.
MT4 download
1. For Desktop (Windows & Mac)
The desktop version is the most stable for charting, analysis, and running automated trading strategies (Expert Advisors).
Visit the FxPro Website: Go to the official FxPro website and navigate to their Trading Platforms section or the Download Centre.
Locate MT4: Find the option for FxPro MetaTrader 4.
Download: Click the download link for your operating system (Windows or Mac). FxPro provides native download files for both.
Install and Log In: Run the installer file and follow the on-screen steps. Once installed, open the platform, select 'File' > 'Login to Trade Account', and enter your specific MT4 account number, password, and the correct FxPro server name.
2. For Mobile (iOS & Android)
You can manage your trades and monitor the market using the official MetaTrader 4 mobile app.
Go to Your App Store: Open the Apple App Store (iOS) or the Google Play Store (Android).
Search: Search for the official MetaTrader 4 app (published by MetaQuotes Software Corp.).
Connect to FxPro: After installing, open the app, tap the option to "Log in to an existing account," and type FxPro to select the correct live or demo server.
Log In: Enter your MT4 account credentials.
3. WebTrader (No Download Needed)
If you prefer to trade directly from any web browser without installing software, you can use the MT4 WebTrader.
Access: Log into your FxPro Direct client area on the FxPro website.
Launch: Locate your MT4 trading account and click the option to "Launch WebTrader" next to it.