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Many people like trading foreign currencies on the foreign exchange forex market because it requires the least amount of capital to start day trading. Forex trades 24 hours a day during the week and offers a lot of profit potential due to the leverage provided by forex brokers. Forex trading can be extremely volatile, and an inexperienced trader can lose substantial sums. The following scenario shows the potential, using a risk-controlled forex day trading strategy. Every successful forex day trader manages their risk; it is one of, if not the most, crucial elements of ongoing profitability.

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Please contact the Company for further details. Trading on financial markets carries risks. The value of the investments can both increase and decrease and the investors may lose all their investment capital. In case of a leveraged product, the loss may be more than the initial capital invested. Detailed information on risks associated with trading on financial markets can be found in General Terms and Conditions for the Provision of Investment Services. Investment risks related to cryptocurrencies can be found in the following disclosure.

Private person Institutional. Apply Demo. About Instruments Deposit Withdrawal Platforms. MetaTrader 5. Windows Web trader Android iOS. Trading accounts available for MetaTrader5. MT5 Global Read more ». MetaTrader 4. Spot metals and futures trading on Forex Built-in programming language MQL4 It is possible to trade from smartphones, tablets and laptops Financial news from leading providers and technical analysis from Trading Central Trading advisors are available Read more.

Trading accounts available for MetaTrader4. Forex ECN Read more ». MetaTrader Advantages MetaTrader was created for efficient trading. Version Features Two recent versions of the platform have different features. MetaTrader — Your Chance to Become a Professional Trader It does not matter whether you are an experienced trader or just a beginner who wants to start making money trading online. Risk warning: Trading on financial markets carries risks.

It offers instruments to follow price fluctuations, identify trend patterns through charts and graphs, and also deploy automated trading techniques to manage trades. This electronic trading platform is used by new and experienced traders alike. It offers excellent trading and analytical tools, and is flexible enough to implement simple as well as highly complex trading strategies.

The platform supports trading in Forex, CFDs and cryptocurrencies. At OctaFX, we provide our clients with the MT4 platform to enable them to carry out their trading activities efficiently and with complete peace of mind. We also offer educational material, as well as MT4 Demo accounts, so they can practice risk-free trading. The client terminal and platform servers exchange data through encrypted servers, and the platform uses RSA digital signatures.

Your IP address also remains protected. MT4 can also be accessed from a smartphone or tablet, whether it has an iOS or Android operating system. It is super-easy to download and install the terminal on any compatible device. An order is an instruction to perform a trade. There are three trade execution modes on the MT4 platform:.

MetaTrader 4 offers advanced charting capabilities to determine entry and exit points with technical analysis, which uses historical price and volume data to help make predictions. MT4 opens with four charts by default, each representing a unique currency pair. The Market Watch window with two tabs is on the left of the charts.

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. The appearance of the charts can be customised. Each currency pair on the chart can be seen in nine different timeframes including one minute, five minutes, one hour, daily, weekly, monthly.

Graphical objects can be included in the charts, such as shapes rectangle, triangle, ellipse , arrows, and text. The most popular, showing open, high, low and closing prices, including high and low prices for each period. Bullish and bearish candlestick charts are usually displayed in two different colours. The MT4 platform offers 30 inbuilt technical analysis indicators to make calculations based on price movements. These indicators allow predicting or confirming trends, patterns, and support and resistance levels.

They are categorised into types, such as Trends, Oscillators, Volumes, and Custom. Once selected, the indicator appears on the chart. A trader can choose from a range of available indicators, download a custom indicator, or create their own. The MT4 platform allows automated trading. A trader can develop his own set of rules for trade entries and exits with the help of automated trading robots Expert Advisors , which help avoid instinctual blunders while trading.

Trades are also automatically executed with faster reaction times, leading to lower chances of slippage costs. Expert Advisor EA can help traders make more informed decisions. They can be programmed into the platform to automatically execute trades on a live platform. These flexible software utilities can assimilate all the information available on the platform to conduct market analysis and Forex trading.

OctaFX offers automated trading using Expert Advisor to place buy or sell orders with specific market conditions, typically based on price movements and technical indicators. Automated trading helps traders to enter and exit positions much faster than with manual trading. This strategy, called scalping, makes it possible to take profit opportunities even when there are only very small price changes.

To make any meaningful difference, it requires traders to place multiple trades during the day, so even though the price changes are small, they add up over the course of the day. Often smaller profit opportunities are easier to catch than the larger ones. This is also a good risk management strategy, since it does not involve taking on big risks in the hope of huge profits. Market volatility presents several attractive profit-making opportunities when you use Forex robots that provide greater accuracy in Forex and CFD trading.

For this, the EA is programmed to monitor fluctuations in various currencies and automatically enter and exit market orders with trading logic used in the trading system. The EA is programmed to trade only when the predetermined trading indicators are reached. OctaFX offers Forex robots for scalping, based on advanced algorithms and trading strategies. 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 it allows you to trade with virtual money rather than real money. Experienced traders often use MetaTrader 4 Demo accounts to test new trading strategies before application in real trading. The contest lasts for a month. To participate in this contest, register for a new Demo account. All possible trading strategies and EAs can be used in this contest. OctaFX offers an easy entry into the crypto world.

Bitcoin, Ethereum, and Litecoin are available on the MetaTrader 4 platform. Leverage : Trade with leverage up to , which gives you the flexibility of buying ten times more cryptocurrency. Simply right-click on the list of symbols.

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Forex Trading Signals Software Free Download ( Forex Trading for Beginners 2020 )

Trade The Markets with Fast Direct Execution and Support in 30+ Languages at XM. Download our desktop platform. Download our most advanced trading platform, designed for active trading. Don't already have an account? Open one now. MetaTrader 4 is a free-of-charge Forex trading platform. It offers wide technical Download MetaTrader 5 and trade on the Stock and Forex markets.