You can always enjoy trading on the Olymp Trade platform by trading on currency pairs, buying and selling cryptocurrencies. Especially for advanced users, the broker opens the possibility of trading using the powerful MT4 analytical tool (MetaTrader 4).
Olymp Trade available for traders from all countries except: Australia, Canada, USA, Japan, UK, EU (all countries), Israel.After registration you can switch between demo and real account
What is MetaTrader 4 for a Trader?
- Leverage from 1:1 to 1: 400
- Minimum spread from 0 pips on an ECN account
- Confirmation of the broker’s reliability
- Rich library of indicators and other forecasting methods
- Extensive list of available assets
- Opportunity to choose favorable working conditions for yourself
- Special accounts for Muslims
- And even trading robots
MetaTrader 4 offers the leading trading and analytical technologies, as well as additional services. It has everything you need for trading. The MetaTrader 4 trading system The powerful Olymp Trade MetaTrader 4 trading system allows you to implement strategies of any complexity. The Market and pending orders, Instant Execution and trading from a chart, stop orders and trailing stop, a tick chart and trading history — all these tools are at your disposal. With MetaTrader 4, trading becomes flexible and convenient. Features Comparison
|OlympTrade ECN||OlympTrade Standard|
|Spread||from 0 pips||from 1,1 pips|
|Commission for a trade execution||$5 for 1 board lot||Commission free|
|Trade amount from 0,01 lot|
The reliability of trading is proven by the fact that if you prove the broker’s error, you can expect to receive damages of up to $20,000
How do I start MetaTrader 4 for Olymp Trade?
To start using Olymp Trade Meta Trader 4, follow a few simple steps. The entire registration/login process takes a few minutes:
- Select the type of account (Demo or Live).
- Select either a Standard or ECN account depending on your preference. We recommend sticking to the Standard Account for beginners.
- Select whether you want the SWAP Free trading. We also recommend leaving this selector in the default position for beginners.
- Select a MetaTrader 4 password.
- Click the “Open Account” button.
- The following screen will appear displaying your account information, login, tabs for deposits/withdrawals, and more. Be sure that the server name says “Live” for real accounts or “$10.000 Demo” for testing account.
After you complete the above steps, you will be taken to the trading terminal. You can also download the app for Android, iOS, Windows or MacOS to trade using the app. To log in, you can use the account number and password specified earlier.
Olymp Trade broker never stands still and develops its services in the trading market. Opening the opportunity to trade using the MT4 tool once again shows that you never need to stop there. Trade with Olymp Trade MT4 and get more profit.
How To Download Olymp Trade MT4
The first step is to create a Metatrader 4 account on Olymp Trade. There are different account choices, including Standard and ECN accounts.
Don’t have money for the initial deposit? Creating a demo account is equally easy. Just select the option from the drop-down menu.
After clicking “Open an account,” the next page will have MT4 Olymp Trade download links. There are four options: iOS app, Android App, macOS, and Windows.
Can I download MetaTrader 4 from the main MetaQuotes website? No. The official version is not free. That’s why Olymp Trade partnered with the company to give its users free access to the industry-leading platform.
Select the relevant MT4 download link, and the browser will download the setup wizard.
Launch the setup and follow easy instructions. It only takes a few minutes to complete the installation.
MT4 will prompt you to select the server type: Olymp Trade Demo or Live. Click next and enter the account details to start trading.
1. What are the advantages of MT4?
Some of the benefits of using the MT4 platform over proprietary software include:
- Massive library of free & paid trading robots
- More custom indicators and copy trading
- Available on all popular platforms
- Comprehensive tutorials and video guides
- Large MQL5 community
2. In which countries does Olymp Trade provide MT4?
The Olymp Trade MT4 platform is available in all countries where it’s authorized to offer its services. The program supports 38 languages.
3. Where do I download MT4 for Olymp Trade?
The Olymp Trade MT4 is available through metatrader.olymptrade.com. Sign up with a real or demo account to access the profile page and download links.
Five Benefits of Using MT4 Trader
Are you weighing the benefits of the online MT4 platform? Olymp Trade notes that most traders see it as a growth opportunity. As the industry-standard trading software, it’s flexible, highly-customizable, and powerful. Here are the benefits of making the switch to the Forex Trading MT4 platform on Olymp Trade:
#1: Advanced Analysis: 2,000 + Free Indicators
MetaTrader 4 has 30 built-in indicators. For added capabilities, the MetaQuotes MQL5 platform hosts over 2,000 free custom indicators & automated trading robots. If there are not enough, there are 700+ paid trading tools on offer. It means access to advanced market analysis tools.
#2: Trade on Any Device With Advanced Data Protection
Olymp Trade doesn’t have desktop versions of its proprietary software. MetaTrader 4 provides Windows, macOS, and mobile apps.
Olymp Trade recommends that traders first master the MT4 desktop version as it offers powerful features than the web version. Your data and transactions are highly secured with 129-bit key encryption, IPS protection, and RSA digital signatures.
#3: Use Trading Robots
On the Olymp Trade web platform, it’s not possible to automate trades or use third-party EAs.
MetaTrader offers access to hundreds of free and paid trading robots. Beginners can take this opportunity to automate trades.
Many independent EA publishers design their applications for specific use on MetaTrader 4. You can deploy MT4 on a VPS for 24/7 automated trading. With programming knowledge, you may custom code an EA through the MQL4 IDE.
#4: Take Advantage of Ultra-Fast Executions on ECN accounts
Standard and ECN accounts are both available on the MT4 platform Olymp Trade accounts. Experienced traders prefer ECN accounts because they offer ultra-fast execution, tight spreads, and direct access to liquidity providers.
#5: Flexible Order Types
MT4 provides six order types (two market orders & four pending orders). Opening new orders is intuitive; you’ll see the Bid and Ask Price and easily set up the stop loss and take profit levels.
On the web app, you need to earn experience points to unlock the trailing stop. Through MT4, it’s available without any requirements.