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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.2% 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.
Wednesday May 3 2023 10:13
4 min
Markets.com is a prominent online trading platform that offers access to a variety of financial instruments including forex, indices, commodities, stocks, and cryptocurrencies. It provides a user-friendly interface and tools for traders to engage in CFD trading across multiple markets.
Here’s how to open an MT4 or MT5 account from within the markets.com online trading platform.
Once you’re logged in, head to the dropdown menu in the top right-hand corner of the trading platform. Click on My Portal.
Click on the Add Account button on the right side above your existing account overview. Select the account you want from the dropdown menu. Click create.
Use the other dropdown menus to choose between a real or demo account, set your account currency, and choose your leverage.
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) each offer unique benefits that cater to different trading needs. MT4 is renowned for its user-friendly interface, making it accessible for beginners, along with a robust community that provides extensive resources and support. It features a variety of technical analysis tools and indicators, ideal for technical traders, and allows for the automation of trading strategies through Expert Advisors (EAs).
MT5 is more advanced, offering additional features such as an expanded number of timeframes, more technical indicators, and the ability to trade multiple asset classes, including stocks and futures. MT5 also includes a built-in economic calendar and improved order management, which enhances its functionality for professional traders. Overall, the choice between MT4 and MT5 depends on individual trading preferences and requirements, with MT4 being favored for its simplicity and MT5 for its advanced capabilities.
You can fund your MT4 or MT5 account from within the markets.com platform using the button next to your account details. You can also launch the MetaTrader Web Trader, or download MetaTrader to use the desktop application.
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You can open a free MT4 or MT5 account with markets.com, and it only takes a couple of minutes.
Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients.
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