In order to make your learning process with worldtradex more engaging, we suggest to train on MetaTrader 4 Demo Account to win real money. Register for worldtradex’s long standing Forex Demo Contest, which has a $1,000 prize fund and lasts for a month. To participate in this contest, simply register for a new Demo account. There are prizes of $500, $300, and $100 for the first, second, and third positions, respectively.

MetaTrader 5 Is a Flexible Trading System You Will Love

The global currency market is divided into four major trading sessions. They slightly overlap, allowing you to trade most major and minor Forex pairs almost 24/5, with just a brief recess. The indicators can be viewed on the ‘Calendar’ tab of the Toolbox window. To add indicators tothe charts, simply click on ‘Add All Events’ in the calendar menu. MT5 has 44 analytical objects, including Gann, Fibonacci retracements, Elliott Tools, Geometric Shapes, and more. Apply objects on charts manually, set calculation parameters, and customize the appearance of graphical objects according to your taste.

Learn about the current trends for different pairs from the worldtradex experts and open orders on the same screen to save time and effort. Opening a MetaTrader 4 Demo Account is the best way for a new trader to check out the platform, get familiar with the tools and learn trading techniques. The account works like a live account, except that it allows you to trade with virtual money rather than real money. Once you feel confident with trading, you can migrate to MetaTrader 5 to get access to even more features. MetaTrader 5 scalping allows you to turn many small profit opportunities into a big one.

• Compare the platforms’ features to find the one that is right  for you.
• For example, by choosing one of nine different timeframes (including one minute, five minutes, one hour, daily, weekly, monthly, and more).
• To make any meaningful profit with this strategy, you need to place multiple intraday trades.
• Apply objects on charts manually, set calculation parameters, and customize the appearance of graphical objects according to your taste.
• MT4 opens with four charts by default, each representing a unique currency pair.

You have no real account to deposit

That is where robots come in, providing accuracy in Forex and index trading. MetaTrader 5 is available as a web platform that’s compatible with Windows, Linux, and Mac OS. MT5 can also be accessed from a smartphone or tablet, whether it has an iOS or Android operating system. Trade anytime and anywhere, and have access to trading information 24 hours a day, even while you’re traveling or on vacation. It is super easy to download and install the terminal on any compatible device.

In-Built Strategy Tester

Each currency trading platform has specific features that define your experience. If you are still deciding which one to choose, try worldtradexTrader, a trader-oriented platform designed to help you earn. The best time to trade specific Forex pairs depends on the active session. To maximise your profits, learn about trading sessions and adjust your orders accordingly. Forex robots are ideal helpers when you need to evolve your scalping techniques and stop making manual decisions. Once you open numerous short-term orders, the most important thing is to close the orders with proper timing.

MT4 opens with four charts by default, each representing a unique currency pair. The Symbols tab shows a list of currency pairs with their bid and ask prices, while the Tick Charts tab shows the real-time price activity of chosen currency pairs. Below this is the Navigator window, where traders can view their account(s), indicators, and Expert Advisors.

With MT5, MetaQuotes Software has increased the number of technical analysis tools available, along with more charting and timeframe options. Developed using programming language MQL5, MetaTrader 5 allows Black Box Programming, which makes it a viable choice for developers and users of trading robots. They analyse quotes from financial instruments allowing traders to execute the most profitable trades. Thousands of these indicators can be downloaded for free on the MQL5 code base. Our market analysis service offers the latest currency rates, including EURUSD and GBPUSD, intelligent technical analysis tools, and daily market insights from our experts. Enjoy smooth and convenient trading with user-friendly interface on a fast and stable platform.

It’s easy to add cryptocurrencies to your list of instruments on the MT4 platform. On desktop, simply right-click on the list of symbols and select the Show All option. On mobile, press the + button on the first tab from the left and select all cryptocurrencies you would like to add to your instruments list. These flexible software utilities can automatically execute trades and assimilate all the information available on the platform to conduct market analysis and Forex trading.

Majors are the best Forex pairs for novices, especially EURUSD, GBPUSD, and USDJPY. For example, by choosing one of nine different timeframes (including one minute, five minutes, one hour, daily, weekly, monthly, and more). You can also add graphical objects to the charts, such as shapes (rectangle, triangle, ellipse), arrows, and text. Open an worldtradex trading account and make a deposit—you need just $25 to start. If you are still unsure where to start, check out our introductory video course. The idea of making the trading space more comfortable was the start.

MetaTrader 5 Web platform

It is flexible enough to implement both simple and highly complex trading strategies. The platform supports trading in Forex, indices, and cryptocurrencies. When you trade on currency pairs, you open and close Buy and Sell orders based on the price movement of the https://worldtradex.club/ currency pair to make a profit. With the worldtradex trading app, you can trade on currency pairs right on the go.

Only https://worldtradex.site/ the traders themselves could give us a better insight into their preferences. Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability. Bitcoin, Ethereum, and Litecoin are available on the MetaTrader 4 platform. All traders must go through a period of trial and error to become pros. We aim to make that period more accessible for you with our free Forex trading lessons.