A lot of beginner traders ask a trivial question, how to put money on MetaTrader 4. The most important fact is that each trader needs to have a broker. When you have access to the broker’s client area, all deposits, withdrawals, settings, and leverage can be set in the broker’s platform.
How to deposit money into MetaTrader 4?
The trader can add money to the MetaTrader 4 platform if logged into the broker’s members area, pick the deposit method, insert the deposit amount, and create the transaction. Money can not be added directly to the MT4 platform because the broker adds funds to your live account. All trades, deposits, and withdrawals trader manage using the online broker’s client area.
To deposit into MetaTrader 4 account:
- Log in to your broker’s account using your live account username and password.
- Go to the ‘Finance/Deposit’ tab and click ‘Deposit. ‘
- Choose the preferred online payment system.
Let us see an example of how to add Funds to MetaTrader 4 or transfer funds using Hotforex broker:
This is a list of payment options (deposit and withdrawal) for Hotforex broker:
|Deposit and withdrawal options||Max. Deposit Amount||Min. Deposit Amount||Deposit Time|
|Wire Transfers||Unlimited||$100||Funds sent by wire transfer usually take between 2-7 working days to be credited to your account.|
|Credit Card Union Pay||$8,000||$50||Up to 24 hours|
|Maestro card||$10,000||$5||Up to 10 minutes|
|Mastercard||$7.500 per transaction||$5||Up to 10 minutes|
|Visa||$10,000||$5||Up to 10 minutes|
|Visa Electron||$10,000||$5||Up to 10 minutes|
|Bitcoin Cash||$10,000||$5||Up to 10 minutes (If bitcoin transaction is confirmed in the network)|
|Bitcoin BTC||$10,000||$5||Up to 10 minutes (If bitcoin transaction is confirmed in the network)|
|Bitcoin by Skrill||$500||$5||Up to 10 minutes (If bitcoin transaction is confirmed in the network)|
|Crypto payments||$10,000||$100||Up to 10 minutes (If transaction is confirmed in the network)|
|Vload||Depends on your VLoad Tier||$10||Up to 10 minutes|
So, without a broker, trade can not put money on MetaTrader 4.
How to add money to the MT4 demo account?
To add money to the MT4 demo account, you need to log in to your Broker’s area, go to ‘My Accounts’, click on the demo account heading, pick wished balance, and select ‘Add Funds.’ However, some brokers do not allow demo account refilling, and maybe you will need to open a new demo account.
See an example of how you can add money to the Fxpro MT4 demo account below:
How to withdraw money from Metatrader 4?
To withdraw money from your MT4 account, please log in to the broker’s client area, go to the “Accounts” section, select the Withdrawal option. Select the withdrawal method (Bank wire, Skrill, PayPal, Credit Card, etc.) from the drop-down list of available withdrawal methods and choose the withdrawal amount.