How to download and install the MT4 platform on my Windows device

You can download the MT4 platform for free using the following methods:

Direct download from the Axi website (Windows PC)

Download via the Axi Client Portal

Navigating MT4 on Windows device

Showing the ASK price

By default, MT4 will show only the BID price on the chart for the previous history. To see the ASK line for the current spread you will need to add it to your chart using the following steps:

Right-click on your chart
Click on "Properties".
Check the "Show Ask Line" box
Click "OK"

Create trend lines or other line studies

You can apply various trend lines and line studies directly from the main toolbar. If these options are not visible, click 'View,’ then ‘Toolbars’ and make sure the ‘Line Studies’ option is ticked. Once the correct line study has been selected, left-click on the chart to start drawing.

How do I open a chart in MT4?

You can open a chart within the platform in two ways:

Go to the ‘Market Watch’ window and right-click on the desired symbol. In the drop-down menu, select ‘Chart Window.’
Click the ‘+’ button ( ) on the main toolbar then select the desired symbols from the dropdown menu

Saving my chart settings

There are three ways to save chart settings.

Set up the chart to your requirements. Next, right-click on the chart, select ‘Template’ then ‘Save Template,’ and give your chart a name. To apply this template, right-click on the chart you want to reconfigure then select the chart template you saved above.
Alternatively, select the chart you want to save, go to 'Charts' in the main toolbar, then go down to 'Template' and 'Save Template'.
Another option is to click on the ‘Template’ icon in the main toolbar. The Template icon is the one with graphics on it.

How do I zoom in/out of a chart?

To zoom in or out, select the chart you want to view, right-click and choose the ‘Zoom In’ or ‘Zoom Out’ option. Alternatively, from the main toolbar, you can use the magnifying glass icons to zoom in and out.

How do I change a chart type

There are two ways to change the chart type.

Select the chart you want to change. Choose one of the default chart types from the toolbar.

Click on ‘Charts’ in the toolbar, then select a default chart type from the dropdown menu.

MT4 trading report

If you have ongoing trades, you will receive a daily report automatically generated from the system.

By default, you will also receive a monthly report from the system, but you can download your monthly statement directly from the Client Portal at any time.

View Trade History

To view the performance of your past trades, access the ‘Account History’ tab on your MT4 platform Terminal using the following steps:

Open the MT4 platform and login
Under Terminal, select the ‘Account History’ tab
Right-click in the middle of the terminal and select ‘Custom period’
Select the start and finish dates for the period you want to look at, then press ‘OK.’ The history from the selected period will fill the ‘Account History’ section
Right-click again and select ‘Save Report.’ This will create an HTML statement which can then be converted to a PDF by printing to a PDF writer

Swap rate

To see the swap charges for a currency position, login to your MT4 platform and use the following steps:

Right-click on a pair in the ‘Market Watch’ panel
Select ‘Symbols,’ choose a symbol to view then select ‘Specification.’ The features of the currency pair, including the relevant swap rates, will be displayed

Downloading quote history

On your MT4 platform, click ‘Tools’ then ‘History Center’
Select the relevant currency pair from the symbols list
Select the timeframe you want to look at
Once the timeframe is highlighted, click the ‘Download’ button and a message will display allowing you to download the history

Placing/Modifying/Closing trades/orders via Windows

Placing a trade in MT4

Trades are placed in MT4 via the Market Watch window, or by using the ‘New Order’ button in the Toolbar. You can open the Order window and modify trades by double-clicking, or right-clicking, on the instrument in the Market Watch window.

When you are in the Order window, you can modify your order details from the order volume (lot size) and set a Stop Loss or Take Profit. Please note: If a Stop Loss or Take Profit is set too close to the current price, a notification message “Invalid S/L or T/P” will be shown.

The ‘Symbol’ field in the Order window allows you to change the instrument you are trading, using a drop-down list. On the left is the corresponding tick chart displaying the prices in real time. There is also a comments field that allows you to add a comment when placing the trade.

Placing a pending order

Click on ‘New Order’ at the top of the MT4 platform, then check that the order type is "Pending Order".

For more tips, please refer to our MT4 Video Tutorials.

Modify a pending order

To modify a Pending Order, either right-click or double-click the Pending Order and select ‘Modify or Delete Order.’ You will now be able to change the Entry Price, Stop Loss, and Take Profit levels.

How do I set a Stop Loss or Take Profit?

The Stop Loss and Take Profit level can be selected when opening a trade.

In the main trading terminal, go to the "Trade" tab, right-click on the trade, then click "Modify or Delete Order". Next, input the Stop Loss or Take Profit price, and click "Modify".

To remove a Stop Loss or Take Profit, choose to modify the trade, then update the Stop Loss or Take Profit price to zero (‘0’).