What is Forex Account? - Forex Account Meaning
A forex account is an account used to trade currencies online. A trader needs to open a forex account and then login to this forex trading account in order to place trades on the online forex market - Forex Account Meaning.
How can I Log in to a Forex Account?
To log in to your Forex trading account follow the procedure described below:
Sign in to a MT4 Forex Account - MT4 Forex Platform Tutorial
Before placing any forex trading on the MT4 platform, you'll be required to login to your forex account and get authenticated before gaining access. Authentication is checking to see if the forex login details you provide for Username and Password are the correct details.
To begin trading on MT4, just click on 'File', then tap and click 'Login' button from the file drop down menu as shown below.
Login to MetaTrader 4 Online Forex Platform
As a trader once you click this login button, then a popup will appear prompting you to type your Username and Password as shown & illustrated below:
MetaTrader 4 Forex Platform Login - How can I Login to a Forex Account
Once you in put your User Name and Password you will then have to choose the server: because this is a demo trading account, for this instance you'll then choose 'Demo', if it was a real forex account/live forex trading account then you would have to select 'Real' Server on this option by clicking the dropdown arrow on right side of the above text box.
Then check the box 'Save Account Information'
Then Click 'Sign in'
Once you click login your forex login details will be authenticated and you will then have access to your MT4 forex trading account and when logged in to your forex trading account you can begin to trade & place new orders in market on the MT4 platform. If you do not have forex login details you can get these details by registering a practice trading account with a forex broker. To login to a real forex trading account you will need to open a real trading account first with your forex trading broker.
Once you login you can then check your account balance and set up your currency trades. To know that you have logged in to the correct forex account you can check the details as shown below: (You will need to open Navigator Window: Short Cut Keys, Press Both CTRL+N on your keyboard)
If you have many forex trading accounts on the same MT4 software platform, these accounts will all be listed on this option, you can double click on the account icon to select the forex account you want to login to from this navigator window.
