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