How to Install MetaTrader 4: The Quick Guide to Running MT4 on PC⌛

If you are a Forex trader, even a beginner one, you’ve probably heard about the benefits of the MT4 platform for trading in the flourishing market of FX. As stats revealed, most of the professional FX traders use Metatrader for their own Forex exchanging, and that’s the reason for their professionalism. For the same reason, almost all of the Forex traders decided to install Metatrader on PC.

This article will take a look at the different steps for installing MetaTrader for Windows and even Linux (using Wine). Before explaining how you can install MT4 on PC, I’ll overview the basics, like what MetaTrader is and the MetaTrader 4 server requirements. Before we dive in, remember that despite this guide being about installing MT4 on PC, all professional traders actually use MetaTrader on their Forex VPS. Hang on until the end where I reveal why that’s a better idea and how you can get one.

What is MetaTrader 4 (MT4)?

Meta Trader 4, abbreviated as MT4, is a highly beneficial FX trading platform that can be installed on both Windows and Linux. Meta Trader becomes so famous and popular among FX traders because of the amazing advantages that it is offering for FX trading. As a result, professional traders regard MT4 as a necessary gear that can lead to successful and prospering Forex exchanges. Major advantages of Meta Trader are listed below for your consideration:

• Multiple trading options for professional traders
• Real-time access to the prices and liquidity of the market
• Let traders have an automated trading
• Providing tools for technical analysis
• High-speed trade execution
• Useful scripts to manage trades
• The high degree of versatility 
• Uncomplicated to learn and use

Also Read: How to Trade Using MetaTrader 4

What are MetaTrader 4 Server Requirements?

For installing MT4 on PC, in the first place, your system should meet the following requirements:

• Windows 2000 or later
• 1 vCPU (or 2000 MHz or faster CPU)
• 1 GB RAM
• 60 MB Storage

Of course, these are the bare minimum of resources you need to run MT4 PC. To be able to actually trade with it and make a profit by running multiple instances, you need considerably more. . MetaTrader was initially and originally released only for the Windows platform. Over time, however,it has become accessible for Linux and Mac users through emulation. So, while there is only one version of MT4 (MetaTrader for Windows), there are some workarounds to run the MetaTrader 4 setup on other operating systems.. Naturally, you can’t expect MetaTrader to perform at its best in an emulator on Linux or Mac. Even if you have a Windows PC, chances are you’ll experience a system crash or a failed network connection sooner or later. That’s why professional traders always use MetaTrader for Windows on a Forex VPS. So, if you’re serious about making a profit trading on MT4, you should read this guide to learn what a Forex VPS is. Also, if you stick around to the end, I’ll show you how you can get one for yourself.

Want to Improve your Trading?

Give yourself a better chance at the Forex market by hosting your trading platform right next to your broker.

Get a Forex VPS

How to install MetaTrader 4 on PC: MetaTrader for Windows

MetaTrader 4 is a popular trading platform used by traders to buy, sell, and trade financial instruments. It is one of the most widely used platforms in the world with more than 11 million active users. MetaTrader 4 can be installed on a PC for free.

Step1: Download MT4 installer 

First of all, you need to have the installer file on your computer. You can easily download the MetaTrader installer from its official website.

Step2: Run the MetaTrader Setup

• After downloading the Meta Trader installer, run it by double-clicking.
• If the User Account Control is enabled, the below window will be shown to you, click Yes.
• Accept the terms after you read them.
• Click Next, if you want the installation to be continued with the default setting. If not, click settings and change them based on your desire. 

Note that, you will only be capable of changing the following settings:

• Installation folder: The location where the software will be installed.
• Program group: Software’s group name in the windows’ Start Menu.
• Open MQL5.community website: By selecting or deselecting this option you can decide whether the installer opens the MQL5 website after the installation or not.
  

Step3: Installation loading

From this on, the installation process will proceed on its own. Depending on your computer, the installation may take 10-200 seconds to be completed. Once it is finished, the Meta Trader terminal will run and you can see the Open Account window.

By clicking Help, the software’s version and date of the build will be displayed. 

Congratulation, now you have successfully installed MetaTrader on your computer. Now, you can purchase the demo account and start practicing using the MT4 for FOREX trading (if needed).

Also Read: How to install multiple instances of MT4?

How to Install MetaTrader 4 on PC: MetaTrader for Linux

Before we get started, please note that the following steps may vary depending on your chosen distribution of Linux; however, they are nearly the same. In this guide, we consider the Ubuntu distribution of Linux to give you a view of MT4 installation procedures on Linux. As I said before, MetaTrader 4 was originally created for Windows and some of its features may work incorrectly on Linux. However, most of these malfunctions have been identified and got corrected through updates. For this reason, we highly recommend you to use the latest versions of Wine and Ubuntu (or any other Linux distribution you have) to achieve the best result. 

Step1: Install Wine

To install Meta Trader on Linux, you need to have the Wine software on your system. You can easily install Wine in the software center if you haven’t already installed it. Just open the software center, search for Wine, and install the software. 

Alternatively, you can also install Wine with the following command in the Terminal (the code below can be used in Ubuntu and Debian distros)

sudo apt-get install wine-stable

Step2: Download the Meta Trader Installer 

Clearly, you need to download the MT4 installer to continue the installation. You can find the download link mt4setup.exe HERE.

Step3: Run mt4setup.exe

Once the download is completed, find the installer in your download folder and run it with the Wine software. In this stage, the system automatically recommends you open the mt4setup.exe file with Wine. Select open with and click OK. 

Step4: Complete the installation process

After you launch the installer via Wine, the client terminal installer will run. You will have to complete the further steps including accepting the terms, selecting the installation folder, choosing the program group name, and so forth according to the directions. 

Of course, even if you do manage to complete all these steps without getting too many error messages, you can’t expect a stable performance, since they designed MetaTrader for Windows and emulators aren’t exactly known for their stability. So, if you have a Linux distro, the best way is to get a Forex VPS instead of running MT4 on PC.

Congratulations, you have successfully completed the MT4 installation procedure. Now, you can start using this trading platform on your Linux and enjoy its benefits for your future Forex trading.

Also Read: Run Expert Advisor on MT4

Word of caution

As we stated, Meta Trader 4 is originally created for Windows and some of its features may work incorrectly on Linux. However, most of these malfunctions have been identified and got corrected through updates. For this reason, we highly recommend you to use the latest versions of Wine and Ubuntu (or any other Linux distribution you have) to achieve the best result.  

Word to the wise- a quick value judgment of Cloudzy Forex VPS

As we mentioned earlier, MT4 is known as a necessary tool, or even the best Forex trading platform, for professional FX trading. It means that one of the properties of professional Forex traders is that he\she use Meta Trader. How about the other requirements for having both professional and profitable trading in Forex?

According to top-of-the-class Forex traders, VPS (Virtual Private Servers) services are playing a key role in the Forex market and can bring you numerous profits. A qualified Forex VPS helps traders to have a 24\7 uninterrupted attention of the market with no effort from their side. Moreover, Forex VPS will reduce the latency time that allows the trader to execute their orders in no time. But the important question here is which Forex VPS should you trust and get for yourself, why? 

This is where Cloudzy top-notch Forex VPS came to play. A noticeable number of Forex traders, from all regions of the world, currently use our best-in-class VPS for Forex exchanging. Our international customers always show their highest satisfaction working with RoutherHosting Forex VPS and mention it as one of the best in the world. Below, you can see only some of the exceptional advantages of our Forex VPS that our customers are gifted with:

• Dedicated resources
• Full admin access
• Compatible with RDP connection (Remote Desktop)
• Lowest latency time
• Uninterrupted 24\7 view of the market
• 24\7 support from a team of experts
• Support MT4 \ MT5\ cTrader 
• Guaranteed uptime
• Optimized server for trading

Become interested in our outstanding VPS service? If not, maybe you need to read more details about it on the forex VPS page. On the mentioned page, you can also investigate our most affordable yet first-rate VPS plans and purchase one for yourself. Above all, we have a 7-day money-back guarantee for our services for ensuring our customers that they had chosen the best VPS provider.

Want to Improve your Trading?

Give yourself a better chance at the Forex market by hosting your trading platform right next to your broker.

Get a Forex VPS

Optimizing MetaTrader 4 and your Forex Trading

We’ve just finished learning how to install MetaTrader on PC. But whether you should install it on your own PC and expect to trade successfully is a different matter. When it comes to trading, latency and reliability count for a lot. High latency will mean high slippage and an unreliable trading platform like a PC can leave you hanging in the middle of an important trade. That’s why professionals use Forex VPS to run their MetaTrader 4 on. Cloudzy’s Forex VPS plans are optimized to help you make the most of your Forex trading on MT4. With 14 strategic server locations at the hubs of international finance, our Forex VPS guarantees minimal latency and maximum uptime. With NVMe storage and DDR4 RAMs, You can run more MT4 instances than on similar systems.

FAQ

How do I download MT4 PC?

You just need to follow the instructions in this guide to download the setup file and install MetaTrader for Windows. Of course, the best way to use MetaTrader 4 is on a Cloudzy Forex VPS.

Can I run MetaTrader on Linux?

Yes. Different distributions of Linux, such as CentOS and Ubuntu, are supporting MetaTrader software. However, users of Linux may face some problems with this software on their system which is not the case for Windows users.

Can I run MetaTrader on Windows 10?

Yes, of course. You can easily run MetaTrader on Windows 10, Windows 8, and any other version.

Is MetaTrader good for beginners?

MetaTrader is really simple to learn and use. Although it has a lot of advanced features, it is very easy and intuitive to use, letting beginners engage only with the tools they need.

Is MetaTrader safe?

MetaTrader software is completely secured and safe for Forex trading. By encrypting the data and concealing the users’ IP addresses while trading, MT4 offers a highly secured environment for the users. Naturally, you also need a secure system, like Cloudzy’s Forex VPS.

Is MetaTrader good for Forex?

Actually, it’s not just good, it’s great! Nearly all the professional Forex traders use MetaTrader 4 as their favorite trading platform.