MetaTrader4, also known as MT4, is one of the most popular electronic trading platforms for online retail traders. MetaQuotes Software developed the groundbreaking platform in and it has become the . How to Buy Sell Trade Bitcoin, Ethereum on MT4 or MT5. MetaTrader 4 is a well-known electronic trading platform generally used by retail Forex speculative traders online. It allows traders to analyze quotes, make trades, and develop strategies. In fact, it has .
Btc trading mt4How to Trade Cryptocurrency in MT4 - Beginners Guide
Before investing in Bitcoin or cryptos, it is important to understand the differences between physical cryptos investments and cryptos CFDs. If you wish to purchase and store Bitcoins, the primary step is to create a wallet. This is often just about like opening a bank account for fiat currency. Opening a wallet can be done at crypto firms that offer wallets or crypto exchanges. Most people find it a bit confusing to purchase physical bitcoins and to protect their wallets.
Moreover, this is often not suitable for traders who are use to margin trading like in the FX or CFDs market. Since buying and selling cryptos on crypto exchanges is not easy as with a trading platform in FX. A CFD Contracts for Difference is where a buyer and a seller agree to pay in cash any difference in prices because the value of the cryptocurrency rises or falls, rather than buying the underlying asset itself.
You can make a judgment on which direction the price may go. Trading CFDs also allow the trader to line take profit and stop-loss levels. This is often very useful, given how volatile cryptocurrencies are often. There are other advantages to trading CFDs. Many forex brokers support both desktop and device-compliant versions, plus WebTrader for trading via your browser.
You will need to open an account first with a reliable Forex broker , fund the account, and then start trading with real money. MT4 and MT5 have powerful charting tools to assist you in making trading decisions. In this walk-through we will show you, how to start trading cryptocurrency in MT4. Why MT4? Low spreads Reliable pricing and spreads as low as 0. Referral program Share your referral link and start earning ongoing commission for the lifetime of the account.
Cryptocurrencies 0. Lifelong program Receive affiliate commissions for the lifetime of the account. Daily payments in bitcoin Receive your bitcoin payouts every 24 hours. Affiliate link and commission tracking Follow statistics and payment history in your account.
No upfront deposit or verification requirements Getting started is simple. Share your link and start earning bitcoin. Get Your Referral Link. Download MetaTrader 4. Looking for MetaTrader 5?