MetaTrader 4 deposit: How to deposit money into MT4?
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As a trader, you will come across different trading platforms. While people often switch in the beginning, most of them stick with the MetaTrader 4 as it is a popular platform with exciting features. But since the platform is very extensive and it is not always clear how to use all the features, we have created a series of tutorials and help.
In this article, you will learn how to make deposit money into your MT4 account. You will learn what the minimum deposit is, what you should consider and which 3 brokers are among the best if you want to use the platform. Let us begin!
Important steps to make a deposit on the MetaTrader 4
To make a deposit on the MetaTrader 4, simply follow these 8 steps:
1. Sign up with a MetaTrader 4 broker
Our tip, sign up with the best MetaTrader brokers and start trading with low spreads & commissions:
MetaTrader Broker: | Review | Regulation: | SPREADS & ASSETS: | Advantages: | Free account: |
---|---|---|---|---|---|
1. Vantage Markets | (5 / 5) ➔ Read the review | Regulated by CIMA, ASIC | From 0.0 pips spread + $ 2 commission per 1 lot trade 800 markets+ | # High leverage up to 1:500 # High liquidity # No requotes # MT4/MT5 # Spreads from 0.0 pips # Paypal & crypto payments | Live account from $ 200 (Risk warning: Your capital can be at risk) |
2. RoboForex | (5 / 5) ➔ Read the review | Regulated by the IFSC | From 0.0 pips spread + $ 4 commission per 1 lot trade 16.000 Markets | # Multilingual 24/7 customer support # Leverage up to 1:2000 # Award-winning broker # Free bonuses # MT4/MT5 # Spreads from 0.0 | Live account from $ 10 (Risk warning: 72.87% of CFD accounts lose money) |
3. IC Markets | (4.8 / 5) ➔ Read the review | Regulated by the ASIC, FSA & CySEC | From 0.0 pips spread + $ 3 commission per 1 lot trade 2,000 markets+ | # Free demo account # Spreads from 0.0 pips # Low commission # Real raw-spread trading # Big liquidity providers | Live account from $ 200 (Risk warning: Your capital can be at risk) |
2. Complete the account application (we recommend full verification)
3. Open a MetaTrader 4 account in the broker dashboard
4. Choose the deposit menu
5. Choose the payment method of your choice
6. Add your payment details
7. Confirm the deposit and the amount
8. Start trading with real money on the MetaTrader 4
How do I deposit money into MT4?
Customers do not get the feature of direct money deposit on MT4. Metaquotes owns this software. People use it for trading, by opening and closing the trade. Additionally, you can use it with a motive for technical analysis. So, MetaTrader 4 deposit cannot get accessed directly on the trading platform.
Brokers can use MT4 for trading purposes. A broker account for trading on the MetaTrader 4 platform is necessary. A broker is responsible for all the MetaTrader 4 deposits and withdrawals. Your payments for the MetaTrader 4 deposits are under the broker’s supervision, not MT4’s. MT4 is responsible for all the data regarding stocks, futures, currency pairs, and a few other securities.
Follow the procedure to fund your trading account with the MetaTrader 4 deposit:
- Choose your desired forex broker and create a live MT4 trading account.
- Go to the member’s/dashboard area of the broker’s website.
- From there, select the ‘deposit money’ option to fund your trading account with the MetaTrader 4 deposit.
- Choose the payment mode.
- Once the money gets deposited, it will sum up to you in no time. Now, you are all set to begin trading on MetaTrader 4.
If you log in to the trader member’s area, you can add money on MT4. You can select the deposit method and enter the desired amount. Then, you can move on to make a transaction. Plus, you can start with the execution of trades.
(Risk warning: Your capital can be at risk)
What is the minimum MetaTrader 4 deposit amount?
Yes, there is a specific minimum deposit amount that you need to have on MetaTrader 4. Every broker asks you for a certain minimum amount to allow you to begin trading on the platform.
For instance, the minimum deposit amount for Vantage Markets is between $50 – $200, depending on your account type. But make sure that you uphold more than this amount. If so, you can get the advantage of several features related to the platform.
Good to know!
You can be more flexible with your MT4 trading strategies. The minimum deposit always differs with different brokers and account types. MetaTrader 4 allows you to trade with low risks.
So, you can try trading on the platform at a low budget. In addition, if you’re a beginner, you can use a MetaTrader 4 demo account. You will practice all the new tactics over there with virtual funds. That’s how you can become a pro before trying your hands on an MT4 real account.
(Risk warning: Your capital can be at risk)
The 3 best MetaTrader 4 brokers with low minimum deposits
The number of forex brokers available that offer you the MT4 trading platform is many. So, it can be a tough call to pick a broker to trade on MT4. However, the minimum MetaTrader 4 deposit is something we can consider while choosing a broker.
Here’s a list of the top three MT4 minimum deposit brokers:
MetaTrader 4 broker: | Review & Regulation: | Advantages: | Free account: |
---|---|---|---|
1. Vantage Markets | # Free demo account # $200 minimum deposit # Spreads from 0.0 pips # No hidden fees # Fast execution speed | Live account from $ 200 (Risk warning: Your capital can be at risk) | |
2. IC Markets | # Fast execution speed # Great customer support # Award-winning broker # cTrader available # Free demo account # Spreads from 0.0 pips | Live account from $ 200 (Risk warning: Your capital can be at risk) | |
3. RoboForex | # Leverage up to 1:2000 # Free demo account # Professional support # 12,000+ markets # Bonus program | Live account from $ 10 (Risk warning: Your capital can be at risk) |
Vantage Markets
Vantage Markets is a broker that offers access to the MetaTrader 4 (MT4) platform with a low deposit.
Their developers worked hard to maximize the performance of their network for users. Besides, their network provides added stability for running forex robots.
Vantage offers three different types of MT4 accounts: Standard, Raw, and Pro. The Standard account is tailored for beginners and allows for trading on 44 currency pairs with STP order execution, with a minimum deposit of $200 and no commission fees. On the other hand, the raw account is ECN-based and requires a $500 deposit, while the Pro account requires a minimum deposit of $20,000, but both offer spreads starting at 0.0 pips.
Vantage Markets is regulated by the ASIC and FCA and offer low fees, making them a great choice for both experienced and novice traders. Additionally, they offer access to both MT4 and MT5 platforms, a wide range of symbols and technical indicators, and the ability to trade in various underlying assets.
There is a wide range of benefits with this broker, including an optimized MT4 platform, leverage up to 1:500, spreads from 0.0 pips, social trading, and a long track record as a multi-award winning broker.
(Risk warning: Your capital can be at risk)
IC Markets
You can have great trading benefits when trading on IC Markets. The platform offers its clients one of the most affordable trading costs when they use the MetaTrader 4 trading platform. Moreover, this is one of the major reasons to consider IC Markets.
The trading costs and fees on IC Markets are inexpensive, so you can try it despite being a newbie or an experienced trader.
Good to know!
IC Markets allows traders to use the MetaTrader 4 trading platform with a minimum deposit of 200 USD. Thus, this amount for the MetaTrader 4 deposit is very low for traders.
Traders can practice on the IC Markets demo accounts unlimited. It is a great option to learn and master your forex or usual trading strategies. Besides, you get to deal with similar things as the real account. But the major difference between the both is you don’t have to worry about losing money as there is no real money used.
IC Markets’ trading platform is available for mobile and desktops. You can access over 60 currency pairs when you log in to IC Markets.
(Risk warning: Your capital can be at risk)
RoboForex
RoboForex is also one of the prominent platforms when it comes to trading. You have a great option to create your trading robots in an MQL4 programming language. If you wish to improve the trading robot’s capabilities, you can opt for indicators and expert advisors.
RoboForex has the best advisors who can help in your trading business. Also, these expert trading advisors help you with trading expansion.
RoboForex is a great broker from the perspective of the MetaTrader 4 trading platform. It allows beginners and professional traders to begin trading on MT4 for only 100 USD.
Good to know!
The MetaTrader 4 deposit needed to trade on RoboForex is 100 USD.
Apart from this, RoboForex offers several other great features to traders. For instance:
- Traders can access hundreds of trading assets.
- They can access leading trading tools.
- Educational resources are available in abundance with RoboForex.
- RoboForex has great customer service.
So, if you wish to test the MetaTrader 4 trading platform, you can try RoboForex.
(Risk warning: Your capital can be at risk)
About the MetaTrader 4
MetaTrader 4 (MT4) is an excellent trading platform owned by Metaquotes. Undoubtedly, the platform is related to trading with the best possible facilities. MetaTrader 4 can be used to start CFD trading on markets comprising commodities, indices, cryptocurrencies, and forex. You can trade right after you make a MetaTrader 4 deposit into your trading account.
Besides, MetaTrader 4 can get things customized according to your trading priorities. You can automate your trading with the use of open and close trades. Furthermore, you can use it to trade a spectrum of lot sizes and customize your charts. Also, MetaTrader 4 is an ideal platform for trading various instruments.
How can you trade with MetaTrader 4?
- First, you need to open a MetaTrader 4 account. A trader’s trading experience depends on whether he wants a real or demo account.
- After choosing a real trading account, fund your account with MetaTrader 4 deposit using your E-Wallet, credit card, or bank transfer.
- Then, you can start trading with MetaTrader 4 on Android, iPad, PC, and iPhone.
Good to know!
When you sign up in MetaTrader 4, you can get additional features like push notifications and chat functionality. Newbies can also try MetaTrader 4 and trade after funding their account with MetaTrader 4 deposit, as it is gadget-friendly.
Advantages of MetaTrader 4
Here are some MetaTrader 4 advantages you should know before signing up for a trading account with a broker who offers you this platform.
Modified Orders
Traders have access to execution techniques, which will help them with their strategies. They can minimize the chances of their losses with the help of trailing stops and take-profit orders. Traders can trade their holdings and cover up their losses if they face investment problems.
Secure trading and high stability
With a 129-bit key and RSA digital signatures, client terminals and servers can get in touch without any safety issues. In addition, traders’ accounts are completely safe from cybercriminals. And the platform also helps with digital signatures.
Good to know!
The IPs of the traders are not accessible as well. These factors allow traders to opt for monetary exchange in safe circumstances. Moreover, traders can trade with the least negative spillage with the help of high-speed trade execution and stability.
Fundamental and technical analysis
With charting capability and indicators, you will get comprehensive tools for price analysis. The 30 in-built technical indicators include volume tools and major trends like the RSI, MACD, etc.
Mathematical tools, chart analysis, and drawing objects permit traders to analyze the price activities of any complexity.
Automated trading option
If you’re an expert trader, MT4 is a great deal for you. They can deploy mechanical trading tactics via MT4 Expert Advisors (EA). Traders can influence market movements without any human bias or any intervention on their part.
Good to know!
MT4 broadcasts traders’ schemes on the Marketplace or MQL5 codebase. It helps them look after their strategies. The MQL4 language is simple to master.
Professional advisors
MetaTrader 4 helps you by providing expert advisor support. It is a great option for those who want to perform trades automatically. With its help, traders can diversify any trading portfolio. Further, you get to choose from hundreds of EAs.
Good to know!
Each EA’s different, and they are made in a way that caters to the requirements of each trader. In addition, traders have the option to customize their individuals. And they can operate them on the MetaTrader platform.
MetaTrader offers many other benefits as well. Users can get real-time performance deals and currency quotes. Also, it presents three kinds of trade execution methods for the clients’ flexibility.
Disadvantages of MetaTrader 4
Some MetaTrader 4 disadvantages are as below:
No Automated feature
Although the platform is user-friendly and convenient, it does not have a component to edit or create algorithms for mechanization. You can look into the MT5 trading platform. Yet, both of them are quite similar to each other.
Tedious installation process
Start your trading journey today and pick a MetaTrader 4 forex broker. Ensure that your MetaTrader 4 trading account has more than the minimum deposit amount. That’s how a trader can make the most out of this trading platform. The top-notch services of MT4 ensure that you have a great experience with your preferred broker.
People find the installation process dull. To ensure that your accounts run smoothly, you must install extra fonts. MetaTrader 4 does not provide you with these features. Well, it was made with the intention of windows. That’s why mac users who wish to use MetaTrader 4 can have issues with it.
Conclusion – Depositing money into a MT4 account is easy!
For depositing money into the MetaTrader 4, you will need an MT4 broker. On this page, we showed you all the necessary steps to do it. It is a simple procedure and you can do it quickly!
Our tip, choose the best MetaTrader 4 & 5 broker and start trading from 0,0 pips and high leverage:
(Risk warning: Your capital can be at risk)
Frequently asked questions about the MetaTrader 4 deposit:
How do I add money to my MetaTrader 4 demo account?
Follow this procedure to add money to your MetaTrader 4 demo account: First, log in to your broker’s area. Then, go to the accountant section. Select the demo account heading. Choose the option wished balance and pick add funds. Well, some brokers don’t allow refilling for the demo account. And you might have to open a new demo account.
What is the minimum deposit for MetaTrader 4 in South Africa?
If you’re considering depositing MetaTrader, you must have 100 units.
How do I transfer money into MT4?
Well, there is no such feature for money transfers in MT4. First, log in to your account, then go to the add funds option. From there, you can fund your account.