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how to join MT4 account

How do I open an MT4 account with AGEA?

There are two main parts to opening an MT4 account:

• You need to ensure you have the software
• And you need to have an appropriate Live account – Cent, Standard, or STP

To download software

• 1. Login to your account
• 2. Go to “Services” at the top right hand corner of any page on the AGEA site.
• 3. Click “Downloads” in the left hand column of the Services page

Alternatively you can just click “Get Software” at the top right side of all AGEA pages.

4. Go down the page to the MetaTrader4 section and within the highlight box click “MetaTrader 4 Platform Services”

5. A box will pop up – Click “Save File”. It will be Saved into your downloads as ‘Agea-mt4-platform.exe”

6. Find the saved file and double click it.
7. A pop-up box will appear – Click “Run”.

8. The AGEA Agreement will come up, click “Next”.

9. You will then see where the program will be saved, and can select whether you want a shortcut made and the program to open after installation. Click “Next”.

• 10. The program will be downloaded, click “Finish” and you are done!

Now you have access to MT4 and can practice trading on your virtual desk where you have been given $10,000 virtual money to trade with.

Set up your Live Account

• 1. Go to your “Account Center” (this can be accessed by clicking the button in the top right side of any AGEA page).
• 2. Click “Platforms” > “MetaTrader” > MT4 Cabinet

• 3. On the page “MetaTrader 4 Cabinet”, click “Add a new account on the MetaTrader 4 Platform” which is at the bottom of the page
• 4. Choose which account type you want: Cent, Standard or STP, and your primary currency, and then click “Add Account”.

Remember minimum deposits are required for these accounts as follows:

• Cent - $10
• Standard - $100
• STP - $1000

To learn more about which account to choose see our Article “Which MT4 Account”

As long as you have the required deposit, the account will now be added.

• 5. A message will come up requesting you to enter a new password for your MT4 account.
  Note: The “Master Password” is the password you use for Streamster.
  If you do not add your password at this point, or want to change it at a later point, you can find this option at: “Account Center” > “Platforms” > “MetaTrader” > “MT4 Cabinet” . Then in the “Services” dropdown menu select “Change Password”.

Now you will have your Account ID (which can be found again in the MT4 Cabinet if needed) and your password.

• 6. Open your MT4 Software. Your Demo Account will automatically be displayed
• 7. To change to the Live Account – Go to “File” > “Login”
• 8. Enter your “Account ID” in the “Login” box, and your new password in the “Password” box.

The change the Server from “AGEA-Demo” to ‘AGEA-Live”.

• 9. Now you can start trading live on MT4. Remember to transfer funds into your MT4 account at “Account Center” > “Funds” > “Transfer Funds”.

How to choose a forex broker?
With almost a $4 trillion average daily turnover in the global foreign exchange market and many technical and fundamental techniques to help you predict the market, forex is a great way to make money in the comfort of your own home. But with hundreds of forex brokers out there how to you know which one to choose? Here are some key points you should consider: MT4 and Streamster Platforms Platforms Trading forex online is performed through a platform. One of the most internationally recognized and widely used platforms is MetaTrader 4 (known as MT4). MT4 allows many currency pairs, indexes, commodities and other futures to be traded, and assist traders by performing technical analysis at the click of a button. Trade on mobile, tablet and PC However if you are new to trading then a simplified platform may be more useful. AGEA provides an excellent platform, Streamster. Like MT4, Streamster beside forex offers many CFDs (indexes, commodities) but has the advantage of being more user friendly, requires no deposit (some company require thousands of dollars in deposits to use MT4) and you get a $5 reward to trade with immediately. Furthermore, you can trade using your android phone or tablet PC! No deposit and $5 free reward Deposits (Investment needed) As mentioned above, many companies require deposits when opening a live trading account. The reason for this is to protect the Company if you start losing heavily. Most MT4 accounts require a deposit of around $500. At AGEA, however, you can open an MT4 account from as little as $10! There are three different levels of accounts; even the top account – Standard – requires only a $100 deposit. And remember Streamster requires no deposit! Charges Most likely you are trading not for fun but to make money. The higher you’re trading costs are, the harder it will be for you to make profit, so charges are a key factor when choosing a broker. Forex brokers generally only charge commission on Straight-Through-Processing (STP) accounts. This is where your trade is passed onto another broker and the introducing broker just receives a commission.		AGEA has institution-level low spreads However on other accounts (such as AGEA’s Streamster, MT4 Cent and MT4 Standard) no commissions are charged. One of the key areas, therefore, that differentiates brokers is the spreads. Spreads are the different between the bid and ask price of an instrument. Let say you buy an instrument and sell at exactly the same ask price, you would still make a small loss as the broker will make the bid price slightly lower than the ask price. AGEA has institution-level low spreads on MT4 because we do not add any commission or mark-ups to the prime brokerage rates, and we choose the brokerage with the lowest spreads. Virtual Desk It is important that you practice trading before you go live, especially if you are new to trading. Most brokers will provide you with a virtual desk with virtual money for you to trade with, so you get to trade without the risk of losing money. But, of course, you also can’t make money just by trading on the virtual desk – except at AGEA! Win $100 trading on AGEA’s Virtual Desk – No investment required! AGEA runs a competition which rewards the trader who makes the highest virtual profit on the virtual Streamster desk. The reward is $100 and can be used to trade on your live desk or withdrawn. All traders receive $5 when they open an account with AGEA to trade on the live desk, so again you could make money without investing any! 24 hour, multilingual support Support Whether you are technology pro or not, you may sometimes need some help. AGEA has a dedicated, high quality, 24 hour, multilingual online support channels. You can chat directly with one of their assistants at any time and they will be sure to help you in any way they can. Conclusion If you are serious about making money then you need to reduce your costs and make sure you have the right tools to learn and to trade. AGEA offers a multitude of platform accounts, learning tools, and full time support all at institutionally low prices! New to forex? Learn more at extra.agea.com

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