Trade Bitcoin Trading

How Do I Trade BTCUSD on MT4 Platform

MetaTrader 4 software is the trading platform you install on your Desktop computer. For this learn bitcoin course we shall refer to the MT4 or MetaTrader 4, because it's the easiest bitcoin platform to learn with and the most widely used.

MT4 also requires little internet band width, that way even if you do not have a super fast internet connection you can use MetaTrader 4 without any problem. You will need to register first with a broker before you can download the MetaTrader 4 platform.

How Do I Trade BTCUSD on MetaTrader 4 Software

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  • Practice Demo Trading Account - How to Trade Bitcoin on MetaTrader 4

MetaTrader 4 practice account is a free practice account provided new traders online traders, otherwise known as a demo trading account which you practice trading with, the cash on a practice trade account is virtual, not real money. No one uses real money to begin with, all beginner traders use the demo account to practice with before investing real money to trade with. The MT4 practice account is meant to provide free Bitcoin training practice as they learn how to trade the bitcoin market.

You will need to register with an online broker before you can obtain this free demo practice account. After you signup you will then get log in details for your Meta Trader 4 practice account. You'll then use these account sign-in details to sign in to your bitcoin MT4 demo account and begin practicing with.

How Do I Trade BTCUSD on MT4 Platform

After you have gotten the MT4 trading account details you will then install the MT4 software on your Desktop computer. If you have never installed any software before go to the folder where you downloaded the bitcoin MT4 platform (do not know where that is, just Press both Ctrl and J i.e. CTRL+J or (CTRL+Y) Keys on your key board, and your MetaTrader 4 download will appear), double-click the download software platform file and then click next, next until you finish installation.

After you have installed MetaTrader 4 platform you will then open the platform from the start menu of your PC computer. After you have opened the MetaTrader 4 you will see the trading inter-face you will be working with which might seem complex at first but it's not. The MT4 software tutorials will be covered under the learn tutorial tutorials section where you will get a detailed explanation of how to use this Meta Trader 4 platform in just one hours time.

At 'top left corner' of MetaTrader 4 software click on the 'File' Menu, a drop-down menu appears, scroll to where you see 'Log In ' and click it. You'll then be prompted to enter 'username' and 'password' which you got when you registered on your broker's website.' You are now logged in to your MT4 platform and you are ready to start trading.

After this you will see your bitcoin account balance highlighted just below the charts and you as a btc usd trader can use now start using the MT4 to place demo trade transactions on the btcusd market.

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