Gold MT4 Setup
How Do I Read Gold in MT4?
MT4 is the software you install on your Desktop computer. MT4 platform is the easiest xauusd trading xauusd software to learn with and the most widely used.
Meta Trader 4 software also requires little internet band width, that way even if you don't have a fast internet connection you can still use the MT4 platform without having any problem. You will need to sign up first with a broker before you can download MT4 platform - the MT4 platform is provided by brokers.
Gold MT4 Setup
Gold MT4 Download for PC - Gold MT4 Download on PC - Gold MT4 Setup
- Demo XAUUSD Account - How Do I Trade Gold on MT4?
MT4 demo xauusd account is a free practice account provided for beginner traders by online brokers, otherwise referred to as a demo trading account that you practice and learn gold with, the funds are virtual, not real money. No beginner uses real money to begin with, all gold new traders use the Practice account to practice with before investing and depositing real money to trade with. The MT4 demo account is meant to provide free xauusd trading training practice to new traders while they learn how to trade the online market.
You'll need to sign up and sign up with a broker before you can get this free trading practice trading account. After you register for a Practice account you will then get MetaTrader 4 account login credentials for your MT4 demo account. You'll then use these MT4 account login credentials to login to your MT4 Practice account & begin practicing xauusd with it.
Setting Up Meta Trader 4 Software
After you have received MT4 account sign in details you'll then install the MetaTrader 4 platform on your computer. If you have not installed any software before, go to the web browser folder where you downloaded the MetaTrader 4 platform (don't know where that is, just Press both Ctrl & J - CTRL+J or (CTRL+Y) - Keys on your keyboard, and your MetaTrader 4 platform download will appear), double click the MT4 trading download file and click next, next until you finish the MT4 platform setup.
After installing the MetaTrader 4 software you'll then open the MetaTrader 4 from the start menu of your computer. After you open the MT4 platform you will then get the MT4 workspace that you will be working with which might seem complicated at first but it is not. The MetaTrader 4 tutorials will be covered under the learn MetaTrader 4 lessons section where you'll get a tutorial of how to use this Meta Trader 4 software.
At the 'top left corner' of the MetaTrader 4 software software click the 'File' Menu, a dropdown menu pops up, scroll to where there is 'Log In ' and choose it. You'll then enter your MetaTrader 4 login 'username' and 'password' that you got when you registered and signed up on your broker's web site.' You will then be logged into your MetaTrader 4 & you can then start xauusd.
After this you'll see your account balance highlighted just below the charts in MetaTrader 4 platform workspace and you can now start using the MT4 platform to open practice trade transactions in the market using this MetaTrader 4 platform.
Gold MT4 Setup - How to Analyze XAUUSD on MT4?
