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HOW TO USE METATRADER

MetaTrader is a powerful software, covering all aspects of online CFD trading. For most traders, Forex trading simply equals to MetaTrader! Millions of traders worldwide use it for free via brokers such as GKFX. You can access MT platform instantly by opening a trading account with us.
 

INSTALLATION

 

Let’s start by downloading the software. Log into your GKFX account and go to dashboard.

Select ‘Platforms’ on the left-hand side. You have three options here: MT4, MT5 and Webtrader.

Both MetaTrader 4 and MetaTrader 5 are more than capable of handling all your CFD trading needs. But the important thing here is to download the version you selected when you opened an account.

Select and download the software version you need.


FLEXIBILITY

 

You can download PC, Mac or Mobile versions for both MetaTrader 4 and MetaTrader 5. Great thing about MT is that it offers cross-platform support. You can download your platform and login to it from different devices. So, you can actually start a trade on your desktop and later check it on your mobile device outside!
Once you have access to the software, you can login with the credentials sent by GKFX when you opened an account. Hold on to this information as you will need it if you ever login on a new device.

Type your Login ID, your password and select the server mentioned in the e-mail from the dropdown menu. If this is your personal and secure device, let it remember your details for easier access.

Alternatively, you can use our Webtrader and access financial markets securely and directly from your browser without any installation! This is perfect for traders who do not have necessary user privileges to install the software on their computer.

Notice that symbols for trading instruments are listed on the left-hand side with live quotes. On the right panel, you will see a chart, moving in real time. Below them, you can see your trade history and account balance, though it is a clean sheet at the moment.

Welcome to the world of online trading!

For desktop versions, you will notice MetaTrader menus listed on top. Right clicking (or long tapping on mobile) on the chart will open a quick menu with options to tweak the chart as well as placing trade orders. You can change the chart type, the time interval and the list of trading instruments as you see fit. Go ahead and familiarize yourself with the user interface.

Placing an order is the basic act of trading CFDs. If you are using a demo account, simply dive in and place a market order right now! Once you picked a FX pair to trade, right click the chart panel or select File menu and New Order on desktop platforms. For mobile devices, go to Trade tab in the middle and press + sign.
Select your lot size and either go long or go short, by placing a buy or sell order. You will notice that your chart has marked the price you entered the market. On the Trade panel below, your open position will appear with real time price information as well as Floating Profit/Loss.

Watch the chart carefully and try to see the trends going upwards and downwards. Notice resistance and support levels as buyers and sellers constantly push and pull the price. You are one of them now.

Notice that your margin and thus your equity is constantly updating. Whether the market works in your favor or not, you are now part of a large community who are buying and selling currencies, looking to profit as much as they can.
When you are happy with the results, close the position from the Trade panel by right-clicking on desktop or from the middle tab by long-tapping on your mobile device.

Congratulations, you have just finished your first trade!

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. See our full Risk Disclosure and Terms of Business for further details.