How to Trade BTCUSD on MT4 Software
MT4 platform is the software you install on your computer. For this learn bitcoin trading course we shall refer to the MT4 or MetaTrader 4, because it is the easiest bitcoin platform to learn with and the most widely used.
MT4 also requires very little internet band width, that way even if you don't have a super fast internet connectivity you can use MT4 without any problem. You will need to register first with a crypto broker before you can download the MT4 software.
How to Trade BTCUSD on MT4 Software
How to Trade Bitcoin on MT4 Software - Learn to Trade Online Bitcoin Market with MetaTrader 4 Bitcoin Platform
- Practice Account - How to Trade Bitcoin on MetaTrader 4
MetaTrader 4 practice cryptocurrency account is a free practice account provided for beginners online cryptocurrency traders, otherwise known as a demo cryptocurrency trading account that you practice with, the cash on a practice account is virtual, not real money. No one uses real money to begin with, all beginners use the demo cryptocurrency trading account to practice with before investing real money to trade with. The MT4 cryptocurrency trading demo practice account is meant to provide free Bitcoin Trading training practice while they learn how to trade the online bitcoin market.
You will need to sign up with an online crypto broker before you can get this free practice account. After you signup you will then get sign in details for your MetaTrader 4 practice account. You will then use these cryptocurrency account sign in credentials to sign in to your bitcoin trading MT4 demo cryptocurrency account and begin practicing with.
How to Trade BTCUSD on MT4 Software
After you have gotten the MT4 cryptocurrency account details you will then install the MetaTrader 4 software on your PC computer. If you have never installed any software before go to the folder where you downloaded the bitcoin trading MT4 platform (don't know where that is, just Press both Ctrl & J i.e. CTRL+J or (CTRL+Y) Keys on your keyboard, and your MT4 download will appear), double-click the download trading software platform file and then click next, next until you finish installing.
After you have installed MT4 software you will then open the software from the start menu of your PC computer. After you have opened the MT4 platform you will see the trading interface you will be working with which may seem complicated at first but it is not. The MT4 software tutorials will be covered under the learn tutorial lessons section where you will get a detailed explanation of how to use this MT4 platform in just one hours time.
At 'top left corner' of MetaTrader 4 software click on the 'File' Menu, a drop down menu appears, scroll to where you see 'Login' and click it. You will then be prompted to enter the 'username' and 'password' which you got when you registered on your broker's website.' You are now logged in to your cryptocurrency MT4 platform and you're ready to begin cryptocurrency trading.
After this you will see your bitcoin account balance displayed just below the crypto charts and you as a trader can use now start using the MT4 to place demo trade transactions on the btcusd trading market.
