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MetaTrader Tutorial

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Step 1: Download MetaTrader, and double click the setup file to install it

Step 1

Step 1

Step 2: Choose the directory you want to install, then proceed to the next step

Step 2

Step 2

Step 3: If you want to try DEMO Account, you need to fill in your Profile in the fields, Select the "Leverage", and Initial "Deposit" Amount, Tick on "I Agree to Subscribe to your Newsletter", click Next.
In case you accidentally Click on Cancel, you can click on "File" or "Alt-F" then "Open An Account" to reopen the demo registration window.

The next window will process your information, and give you a Demo Login Number, Password and Investor's password. Click "Finish" and Start Trading

(*) If you have registered for Live Account and want to Login to your Live Account, Skip this step by clicking "Cancel" at Demo Registration Window described above and go to Step 4

Step 3

Step 3


Step 4: (Only for Live Account Member) Click "File" Tab or "Alt-F" then choose "Login" and fill in your Login Number, Password, and choose Real Server. Click "Login" to login and start trading.

Step 4

Step 4


The alternative way is you can Click "Tools" Tab -->"Option"-->"Server" or simply press "Ctrl-0" then choose Real Server and fill in your Login Number, Password, Click OK


Step 4


Step 5: To Open a Market Order, Double Click a specific pair on "Market Watch Window" then fill in "Volume" field with 1 for 1 Standard Lot (100K) or 0.1 for 1 Mini Lot (10K). The minimum "Volume" is 0.1 (1 Mini Lot) and incremental of 0.1, for example : 0.3, 1.5, and so on. Fill in "Stop Loss" and "Take Profit" (Optional). Click Buy or Sell

Other alternative way is Click "F9" and select specific Instrument in "Symbol", fill in "Volume" field with 1 for 1 Standard Lot (100K) or 0.1 for 1 Mini Lot (10K). The minimum "Volume" is 0.1 (1 Mini Lot) and incremental of 0.1, for example : 0.3, 1.5, and so on. Fill in "Stop Loss" and "Take Profit" (Optional). Click Buy or Sell

Step 5

Step 4


Important :
Some pairs have 1 additional (frictional) digit. You need to add 1 digit of Zero:
  1. EUR/USD, GBP/USD, AUD/USD, USD/CAD, USD/CHF, NZD/USD, EUR/CHF, EUR/GBP, GBP/CHF : 1 pip is equal to 0.00010 (instead of 0.00001!)
  2. USD/JPY, GBP/JPY, EUR/JPY : 1 pip is equal to 0.010 (instead of 0.001!)
    Example : Buy EUR/USD at 1.50000 Take Profit level of 50 points should be at 1.50500. Otherwise, take Profit level at 1.50050 means 5 points profit

Step 6: To Open a Pending Order (Stop or Limit Order), Double Click a specific pair on "Market Watch Window" then then fill in "Volume" field. Set "Type" to "Pending Order". Another Pending Order Pull Down menu will appear. Set "Type" to Stop Buy/Sell or Limit Buy/Sell. Fill "at price" field with opening price of desired Pending Order. Fill in "Stop Loss" and "Take Profit" (Optional)

If you want to use expire date to pending orders, you can set "Expiry" to a date (optional). Otherwise you can Click "Place"

Step 6

Step 4


Step 7: To Edit, Cancel, Close or Use Trailing Stop for an order, Click on Right Mouse Button at a specific order under "Trade" Tab located at lower side of MetaTrader.

A Pull Down menu will appear, choose "Close Order" to liquidate an open order, Choose "Modify or Delete Order" to edit Pending Orders, Stop Losses, Take Profit, Expire Date or Delete Pending Orders. You can also edit Trailing Stop within "Trailing Stop" menu.

Step 7

Step 4


Step 4


How To Change Your Account Password

If you want to change your MASTER password, click "Ctrl-O" within "Server" Tab, press CHANGE button. Make sure you select Master Password (not Investor (real only) password)


How To Set Up Server For Live Account

If you havent signed up for a live account you can click here : Open A Live Account
In order to start using your Live Account in MetaTrader you must change the server address to Real Server (Press Ctrl+O), within "Server" Tab enter your Live Account's Login Number and Password, then press OK. Restart MetaTrader


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