MetaTrader 4 - Support Guide
Should I use MetaTrader 4?
FXCM offers several account types to meet your trading needs including mobile trading, automated trading, or Mac-compatible platforms. FXCM's Platform Comparison
MetaTrader 4 is recommended for traders who automate their trades with Expert Advisors (EAs). We recommend the award-winning Trading Station platform for all traders who are not automating their trades with EAs.
Our most popular platform is the award-winning Trading Station due to its intuitive feel, ease of customisation, and cutting-edge features like the ability to trade directly from the charts. To learn more and ask questions about FXCM's different platforms, visit the Product Comparison page.
How do I place market orders?
In the "Market Watch" window of the MetaTrader 4 platform, follow these easy steps:
- Click on the bid or ask price for the currency pair you would like to trade.
- The "Order" window will appear. Update all fields related to your market order including the symbol and volume (amount).
- Click "Sell by Market" or "Buy by Market" to submit your order to be executed at the next available price.
- Once executed, the order will display in the "Trade" window.
How do I install an Expert Advisor?
Save your Expert Advisor file to the experts folder located at C:\Program Files\FXCM MetaTrader 4\experts. If installed correctly, you will see the Expert Advisor file in the "Navigator" window under Expert Advisors and is now available to activate for live trading.
How do I run a report for my MetaTrader 4 account?
Official trading reports can be accessed through MyFXCM or the MT4 read-only log-in for Trading Station. Trading reports from these two sources will provide you with the most current and accurate trading activity.
How do I register for VPS?
Please register for VPS by submitting the VPS registration form online. The VPS service is free to all Plus and Premium service level accounts which maintain a $5000 balance. These service levels can save customers from paying a fee of $30 per month.
How do I add and hide symbols in MetaTrader 4?
If you need to add or hide symbols from the MarketWatch window please follow the following steps: (Note: There is a maximum of 40 symbols allowed in the list)
Step 1: Please right click in the empty space below the last currency pair in the window.
- Once the menu comes up, please click on “Symbols”
Step 2: Once the “Symbols” window opens please do the following:
- Press the “+” to expand the sections until you find the pair you would like
- Press the pair that you would like to highlight it in blue
- Press the “Show” button to show the symbol. (To hide a symbol please press the “Hide” button)
Step 3: Once you have finished showing and hiding symbols please press “Close” at the bottom of the “Symbols” window
Please Note: Symbols that are currently hidden will have a grey square next to them.
- Symbols that are currently shown will have a gold square next to them
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