Easy to use and full of useful features, MetaTrader 4 is the world's most popular trading platform. With MT4 you will have a wide selection of charting tools at your disposal, as well as the ability to completely customise the platform to meet your personal specifications. With a built-in programming language, you can even add additional functionality to the platform including trading strategies, scripts and indicators.
An intuitive and user-friendly interface, with a wealth of technical analysis tools.
Trade your MT4 accounts on the go, with apps for your smart phone, tablet or Pocket PC.
System Requirements for MetaTrader 4 on PC's:
Windows XP and later
Frequently Asked Questions
You need a Khwezi Trade trading account and a Windows-based computer on which to install the Khwezi Trade MetaTrader 4 software.
No. As with any other MetaTrader 4 platform, Khwezi Trade MT4 only lets you trade in lots, mini lots and micro lots (where one lot is 100,000 units, mini lots are 0.1 of a lot and micro lots are 0.01 of a lot).
100 lots (or 10 million units) per single trade is the maximum trade size for most currency pairs. Gold pairs are limited to 10 lots (1,000 units) and silver pairs are limited to 10 lots (50,000 units).
No. The trailing stops on the Khwezi Trade MT4 platform operate on the client’s machine. This means that they are hosted on your computer. If your computer is not running with Khwezi Trade MT4 running, the trailing stops are not being tracked and will not close any trades. To ensure your trailing stops are always being tracked, even when you're offline, create them using the fxTrade platform instead.
New Clients - minimum R5000 deposit required. However, note that the smallest MT4 trading size is the micro lot (1,000 units), so at a leverage of 50:1 the minimum amount of margin required to make this minimum trade would be 20 units (or more for lower leverage). Before sending funds to Khwezi Trade, please ensure that you have completed your registration.
Expert Advisors (EAs) are programs that have been developed in MetaQuotes Language 4 (MQL 4) and are used to automate analytical and trading processes. These programs perform prompt technical analysis of price data and manage trading activities on the basis of pre-programmed trading strategies. The entire routine work of technical analysis and trading can be programmed into an Expert Advisor. When you are running an Expert Advisor, there is no need to have the chart of the currency pair open but the Khwezi Trade MetaTrader platform must be running on your computer and connected to the Khwezi Trade servers.
A custom indicator is a program developed in MetaQuotes Language 4 (MQL 4) by the user and functions as a technical analysis trading indicator. Technical indicators are mathematical calculations of currency pair prices, created to help forecast future price changes. Traders use indicators to help assess if a current trend will remain the same and where it will turn. Indicators are intended to simplify the complicated process of decision making in trading. Their algorithms are also used to develop trading tactics and Expert Advisors.
To create and compile Expert Advisors and custom indicators, use the built-in "MetaEditor". It is accessible from the client terminal and is a convenient development environment for MQL 4 programs (read the user guide available within the MT4 interface for details on how to use this feature).
No. Khwezi Trade does not currently offer this service. Khwezi Trade MT4 works with the standard MQL 4 language and there are various resources and programming companies that offer their services in this programming language.
If your account doesn't have enough margin to cover your open trades, the Khwezi Trade servers will close your trades starting with the biggest loss. Unfortunately, there is no MetaTrader functionality to issue margin warnings on the MT4 platform, but you can see full account balance details (including available margin) when you sign in to the MT4 platform.
Yes, all types are supported.
The MT4 platform performs a daily optimisation and restarts itself at the end of that optimisation. This takes place at roughly the same time every day — shortly after 9pm GMT in the summer, 10pm GMT in the winter — but is subject to change and outside of Khwezi Trade's control.
All providers of MT4 have this same issue, though their optimisation might take place at a different time of day.
The amount of historical data depends on the instrument and time frame you are looking at, some instruments goes back to 1995.
Khwezi Trade MT4 uses the Market Execution mode and the MT4 platform does not allow setting TP & SL at order creation in this mode. You can modify the TP/SL after the order is confirmed or use Pending Orders which allows you to set TP & SL when the order is created.
No. This is a MetaTrader 4 restriction.
MT4 is hosted on its own server but all execution is passed through to the fxTrade system for execution. This means that when fxTrade is offline for maintenance, MT4 clients won't be able to execute trades.
Yes. Khwezi Trade MT4 has been updated to ensure support for all EA features, which means you can now use the comment field for your own purposes.
At the time that Khwezi Trade began development of an MT4 bridge, MT5 was not yet released and was not yet stable. That, combined with the projected incompatibilities between MQL4 and MQL5 and the large base of MT4 users, helped drive our decision to initially focus on MT4 development. This decision may be revisited as the automated trading landscape evolves.