The forex market has been expanding worldwide, and with the advancements in technology, trading has become much easier to access. Among the trading platforms that have gained popularity over the years, Metatrader 4 webtrader is a user-friendly option that allows traders to access the market with ease. In this blog, we will provide a step-by-step guide on how to use the metatrader 4 webtrader platform.
Getting Started with Metatrader 4 webtrader
To get started, open your web browser and type in webtrader.robomarkets.com. Once the page loads, click on Start Trading, and you will be redirected to a page where you can create an account or log in if you have one. Once you have successfully logged in, you will be directed to the dashboard where you can view your account and available trading options.
Customizing the Platform
Metatrader 4 webtrader offers a customizable platform where traders can set their favorite assets, indicators, and account settings. To customize the platform, hover over the menu icon on the top left corner of the platform and select Settings. From here, you can edit your account settings, change the platform language, and add indicators that will assist you with your trade decisions.
Placing Trades
To place a trade, select the asset you wish to trade by clicking on the asset tab on the left-hand side. Once the asset is selected, click on New Order, and a trading window will appear. Specify the volume and the direction of your trade. If you are unsure about the direction of the market, Metatrader 4 webtrader offers built-in technical indicators that can assist you in making informed decisions. Once you have filled in all the necessary details, click on Sell or Buy, depending on your trade direction.
Managing Trades
Managing trades is an essential part of trading. Metatrader 4 webtrader offers a user-friendly interface that makes it easy to manage trades. To manage trades, click on the Trade tab on the left side of the platform. Here, you will be able to view your open trades, modify or close the trades that are not in the desired direction.
Advanced Trading Features
Metatrader 4 webtrader offers advanced trading features that can enhance your trading experience. These features include the economic calendar, which displays the upcoming events that may affect the current market trends. The platform also offers a newsfeed that provides continuous updates on market trends, political developments, and financial news.
Short:
In summary, Metatrader 4 webtrader is a user-friendly platform that enables traders to access the markets with ease. The above guide covers the basics of Metatrader 4 webtrader and provides a step-by-step approach to help traders get started with the platform. With its customizable interface, built-in technical indicators, and advanced trading features, Metatrader 4 webtrader offers an all-in-one platform for all trading needs. Happy trading!