Complete Real MetaTrader (MT4/MT5) Step-by-Step Guide

 


MetaTrader (MT4 and MT5) is the world’s most widely-used forex and CFD trading platform, trusted by millions of traders globally. But before you can start trading live markets, you must create a real trading account through a regulated broker—MetaTrader itself does not open accounts; brokers do.



1. Choose a Reliable, Regulated Broker

MetaTrader is just software. To open a real account, you must choose a broker that supports MT4 or MT5.

What to look for in a safe broker:

  • Regulation (FCA, ASIC, CySEC, NFA, DFSA, etc.)
  • Low spreads and fees
  • Fast withdrawals
  • Supports your preferred MetaTrader version (MT4 or MT5)
  • Payment methods available in your country
  • Good customer support

Popular MT4/MT5 brokers:

  • Exness
  • XM
  • Forex.com
  • IC Markets
  • FP Markets
  • Pepperstone

👉 Never trade with an unlicensed broker, even if they promise high bonuses.


2. Go to the Broker’s Website and Click “Open Real Account”

Once you select a broker:

1.     Visit the official website.

2.     Look for a button like:

o    Open Live Account

o    Real Account

o    Start Trading

3.     Click it to start the registration form.


3. Fill in Your Personal Information

Most brokers require basic details:

  • Full Name
  • Email Address
  • Phone Number
  • Date of Birth
  • Country of Residence

You may also need to set a password.

Your information must match your identification documents, otherwise your account may get rejected later.


4. Complete KYC Verification (Identity & Address)

To comply with global financial regulations, every broker must verify client identity.

You will typically upload:

Identity Proof

  • Passport
  • National ID card
  • Driver’s license

Address Proof

  • Utility bill (electricity, gas, water)
  • Bank statement
  • Phone bill
  • Tax document

Documents must be clear, not cropped, and not older than 3 months.


5. Select Your Trading Account Type

Depending on the broker, you will choose from:

  • Standard Account
  • ECN/Raw Spread Account
  • Zero Account
  • Cent/Micro Account (for beginners)

Choose based on your experience and capital.

Account settings you will choose:

  • MT4 or MT5
  • Base currency (USD, EUR, GBP, etc.)
  • Leverage (1:100, 1:500, 1:2000—depends on broker regulations)

Tip: Beginners often choose Standard or Cent accounts.


6. Fund Your Real Account

Before you can trade, you must deposit money into your trading account.

Common deposit methods:

  • Bank transfer
  • Visa/MasterCard
  • Mobile banking
  • Skrill
  • Neteller
  • Crypto (BTC, USDT, etc.)
  • Local payment gateways (varies by country)

Deposits are usually instant except bank transfers.


7. Download and Install MetaTrader (MT4/MT5)

You can download MetaTrader from:

  • The broker’s website
  • The official MetaQuotes website
  • Google Play or Apple App Store

Choose the correct version (MT4 or MT5) based on what your broker supports.


8. Log In to Your Real Account on MetaTrader

After your account is approved, the broker will send you:

  • Login/Account Number
  • Server Name
  • Password
  • Trading platform info (MT4/MT5)

To log in:

1.     Open MetaTrader

2.     Go to File → Login to Trading Account

3.     Enter:

o    Account Number

o    Password

o    Select the correct server

If login is successful, your chart will start moving (live market data).


9. Start Trading

Once logged in and funded:

  • Choose a market (EUR/USD, Gold, Oil, Crypto, etc.)
  • Set your lot size
  • Click Buy or Sell
  • Monitor your positions in the “Trade” tab

Risk management is essential—never risk more than you can afford to lose.


Bonus: Tips for Beginners

  • Always start with a Demo Account first
  • Use low leverage until you gain experience
  • Avoid trading during high-impact news
  • Learn chart patterns, risk management, and indicators
  • Never trade based on emotions

Conclusion

Opening a real MetaTrader trading account is simple once you understand the process:

1.     Select a regulated broker

2.     Register and verify your identity

3.     Choose your account type

4.     Deposit funds

5.     Install MetaTrader

6.     Log in with your real account credentials

7.     Start trading responsibly