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, then all deposits, withdrawals, settings, leverage can be set in the broker’s platform.
How to deposit money into MetaTrader 4?
The trader can add funds 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 Matatrader 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 we 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.