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To have an everlasting trading experience on RoboForex, making your way into RoboForex MT4 is a golden opportunity for all the new traders. So let’s dive into the discussion below and see what else this trading platform has in for you.
RoboForex is a well-known broker that offers CFDs and spot currency pairs for traders around the globe. The broker is regulated, owns repute, and goodwill by taking care of its clients.
RoboForex Overview
RoboForex MT4 terminal is a multi-lingual and free platform that supports more than 40 languages to start trading with. In addition, it is extremely user-friendly in its interface for performing automated and manual trading.
By creating an account on RoboForex MT4, a trader can trade on stocks, commodities, indices, metals, and so many more. A few more distinctive features of the RoboForex MT4 platform are:
- 128 real accounts with 10 demo accounts to start trading with
- Open trade positions on various accounts at a single click
- Distribute the order volume in 5 ways between various accounts for placing new orders
- Internal reports system for overall trading transactions.
Why choose the RoboForex MT4 trading platform?
- RoboForex MT4 brings for you complete freedom of one-click trading. You can open and close trading positions with just one click.
- Algorithmic trading allows traders to create their town trading robots within the MQL4 programming language.
- Select indicators and expert advisors directly from the platform.
- Through terminal signals and news, a trader can keep full track of various financial market events.
Step by step guide on how to download the RoboForex MT4 platform
To download the RoboForex MT4 platform, follow the below-mentioned steps one by one:
- By visiting RoboForex’s official site, you have to click on the MT4 option, after which an installation package will appear in front of you.
- Once the downloading is finished, you have to start the installation package. Locate the installation package on your PC and click the option “roboforex4setup”.
- After it, click “next” and read the entire “End-User License Agreement.”
- In just a few seconds, the installation process will start and take a few minutes to end. Once it ends, click the “finish” option.
- As you will click the finish option, the MT4 platform window will open in front of you.
In the main window of RoboForex MT4, a listing of available servers will appear in front of you. Those all servers will represent the server for logging into MT4. In addition, each trading has its own server.
If you are using a demo account, you need a login server that functions for the demo account. In the same way, for the MT4 platforms, the MT4 account server should be selected.
Once you select the server, you will receive all its login details on your provided email address.
A quick guide on different account types of RoboForex MT4
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RoboForex MT4 trading platform is available with different types of account types, namely:
- ECN
- ProCent
- Pro
- Prime
Let’s differentiate these account types from one another below in detail:
1. ECN account
EN account is highly recommended for professionals who are into some great trading conditions with tighter spreads.
The initial deposit on the ECN account is 10 USD / 10 EUR / 100 CNY with the execution type of “Market Execution.” Spread is floating from 0 points. Bonuses are available in the form of promotions.
2. ProCent account
Second, we have a ProCent account in which a trader can start to trade micro-lots which is excellent for beginners. With this account type, traders can test some great trading conditions through minimum investments.
The initial deposit on the ProCent account is 10 USD / 10 EUR / 100 CNY with the execution type of “Market Execution.” Spread is floating from 1.3 points. Bonuses are also available.
3. Pro
Pro is one of the most leading account types in RoboForex, which is a favourite among both beginner and advanced traders.
The initial deposit on the ProCent account is 10 USD / 10 EUR / 100 CNY with the execution type of “Market Execution.” Spread is floating from 1.3 points. Discount promotions are also available.
4. Prime
“Prime” account type is highly recommended for advanced traders. It even includes a few of those features which you might find in ECN accounts.
The initial deposit on the ProCent account is 10 USD with the execution type of “Market Execution.” Spread is floating from 1.3 points. Bonuses are also available.
What is the main purpose of VPS in RoboForex MT4?
The main purpose of the MT4 terminal is to connect the virtual trading server, VPS, for a stable and convenient trading operation. Expert Advisors can perform their functions in RoboForex MT4 if the PC is running with the terminal and has an active internet connection.
It is quite easy to install VPS. First, you must find the required account number in the “navigator window” and right-click on it. Next, choose the option “Register a Virtual Server.” A new window will appear in which you will register yourself and select a fee.
Connect your trading account with the virtual server for which terminal data synchronisation is required. Once the procedure is completed, a copied terminal with all settings will operate on your remote VPS server.
Does RoboForex MT4 offer a demo account?
RoboForex MT4 platform is available with both demo and live trading accounts for the traders. With the demo account, traders can experience some vast trading skills and enhance their trading abilities to be professional.
A demo account has a validity of 30 days, so make sure you are active on your account to avoid it getting expired. Once you are ready to move into professional trading, you can freely open a live trading account on MT4.
Bottom line
The RoboForex MT4 trading platform is the safest and most efficient approach for a trader to learn trading professionally. The MT4 platform is available with both live trading and demo accounts to improve your trading skills.
Visit the official site of the RoboForex broker platform and get more in-depth details about what the MT4 platform is. So download it now and start your trading journey!
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