IG MT4 Download Guide: Step-by-Step Instructions for Beginners

 

Are you ready to take your trading to the next level? If you’ve been considering using MetaTrader 4 (MT4) for your trading journey, you're on the right track! With its easy-to-use platform, powerful features, and wide range of customizable tools, MT4 is one of the most popular choices among traders worldwide. 

But, here’s the best part—now, you can use IG, a leading online trading platform, to access MT4. In this article, we'll show you how to download, install, and use MT4 with your IG account, with a step-by-step guide designed especially for beginners.

What is MT4 & Why Should You Care?

Before we dive into the details, let’s take a quick look at what MT4 is and why you should consider using it.

MetaTrader 4, or MT4, is one of the most popular trading platforms in the world. Traders use it to trade forex, commodities, stocks, and more. Why do traders love it?

1. User-Friendly Interface: MT4 is incredibly easy to navigate. Even beginners find it simple to use, while advanced traders still get access to all the powerful tools they need.
2. Customizable: From custom indicators to automated trading, MT4 gives you the flexibility to create a trading environment that works for you.
3. Advanced Charting Tools: With MT4, you can analyze markets using multiple chart types and indicators to help make more informed trading decisions.
4. Automated Trading (Expert Advisors): If you’re looking to set up an automatic trading system, MT4’s Expert Advisors (EAs) allow you to trade 24/7 based on your preset rules.

IG, on the other hand, is a trusted broker with a solid reputation and plenty of features to support your trading experience. By combining IG’s broker services with MT4’s platform, you can access some of the best tools available for traders worldwide. It’s like getting the best of both worlds!

Why Choose IG for Trading on MT4?

Now, why should you choose IG to use MT4? There are several reasons why IG stands out as one of the top options for forex and CFDs trading.

1. Global Accessibility: IG provides traders with access to a wide range of markets, including forex, stocks, indices, and commodities. Whether you’re interested in ZAR/USD pairs or other global options, IG has you covered.
2. Excellent Customer Support: Whether you're new to trading or an experienced pro, IG offers customer service that’s there for you whenever you need help. You can count on fast, reliable support through chat, email, or phone.
3. Competitive Spreads: IG offers some of the tightest spreads in the industry, meaning your trading costs are kept low.
4. Demo Account: If you're new to trading or just want to try out MT4 before going live, IG lets you open a demo account. This way, you can practice risk-free and learn how to trade before putting real money on the line.
5. Reliability & Trust: IG is regulated by several financial authorities, meaning your funds and personal information are secure. It’s a reputable name in the trading industry.

How to Download & Install MT4 from IG: A Step-by-Step Guide

Ready to get started? Below is your complete, easy-to-follow guide for downloading and setting up MT4 through IG.

Step 1: Sign Up for an IG Account

Before you can access MT4, you'll need to create an account with IG. Here's how:

1. Visit the IG Website:
• Go to the official IG website. You can type "IG Trading" in Google or use the URL: https://www.ig.com.
2. Click "Open Account":
• You’ll find the "Open Account" button on the homepage. Click on it to begin your sign-up process.
3. Complete the Registration Form:
• Enter your personal information, including your name, address, and email. Don’t forget to set a strong password!
4. Verify Your Identity:
• IG will ask you to submit proof of identity, like a passport, driver’s license, or utility bill. This is a standard security measure.
5. Choose Your Account Type:
• You will be prompted to choose between a Live account or a Demo account. If you’re just starting, we recommend selecting a demo account, which allows you to practice without risking any real money.
6. Fund Your Account:
• If you’ve chosen a live account, you’ll need to fund it before you can begin trading. IG accepts different payment methods such as bank transfers, credit/debit cards, or PayPal.

Step 2: Download MT4 from the IG Website

Now that your IG account is set up, it’s time to download MT4. Follow these steps:

1. Go to the Download Page:
• Once logged in, navigate to the download section of the IG website. You can usually find it by clicking on the "Platforms" tab.
2. Choose Your Platform:
• Select the MT4 platform for your device. MT4 is available for both Windows and Mac computers, as well as for mobile devices like smartphones and tablets.
3. Click “Download”:
• Hit the “Download” button to begin downloading the MT4 installer.

Step 3: Install MT4

Once the file is downloaded, it's time to install MT4 on your computer or mobile device.

1. Launch the Installer:
• Open the MT4 installer file (it should be in your Downloads folder).
2. Follow the On-Screen Instructions:
• The installation process is straightforward. Just click "Next" and agree to the terms and conditions. MT4 will be installed on your computer.
3. Complete Installation:
• After a few moments, MT4 will be fully installed and ready for you to use!

Step 4: Log Into MT4 with Your IG Account

Now that MT4 is installed, you’re almost ready to start trading. Here’s how to link your IG account to MT4.

1. Open MT4:
• Click on the MT4 shortcut on your desktop to launch the platform.
2. Enter Your IG Account Credentials:
• When MT4 opens, click on "File" in the top left corner, then select "Login to Trade Account."
• Enter the login details that you received when you opened your IG account. This will be your account number and password.
3. Select the Server:
• IG has a specific server for MT4. Make sure to select “IG Demo” or “IG Live” depending on which type of account you're using.
4. Click "OK":
• After entering your details, click "OK" and you should be logged in to your IG account on MT4.

Step 5: Set Up MT4

Once you’ve logged in, it’s time to customize MT4 to fit your trading style. Here’s a simple guide:

1. Customize Your Charts:
• You can change chart colors, timeframes, and types (like candlestick or line charts).
2. Add Indicators:
• Click on "Insert" in the top menu, then select “Indicators.” You can choose from a list of pre-installed indicators like moving averages, RSI, and MACD.
3. Configure Your Trading Settings:
• In MT4, you can set stop-losses, take-profits, and trailing stops to manage your trades. Make sure your settings are perfect before placing any live trades.

Useful Tips for First-Time Traders on MT4

If you’re new to MT4, these tips can help you get the most out of the platform:

1. Use a Demo Account First:
• It’s always best to start with a demo account. Get comfortable with the platform without worrying about real money until you’re confident.
2. Don’t Overload Your Chart:
• While it’s tempting to add multiple indicators, keep your charts clear and simple. Too many indicators can make the chart confusing.
3. Set Realistic Goals:
• Keep your expectations realistic. Trading is not a get-rich-quick activity. Be patient, and use a solid strategy to guide your trades.
4. Use the Mobile App:
• If you’re always on the go, consider downloading the MT4 mobile app. It allows you to trade anytime and from anywhere!

Conclusion - Start Your Trading Journey with IG & MT4

Now that you have all the tools and knowledge, you’re ready to start trading on MT4 using IG. Whether you’re looking to trade forex, commodities, or indices, MT4 with IG gives you a powerful combination of tools, security, and support. With this step-by-step guide, you’ll be well on your way to mastering MT4 and taking your trading to new heights.

Remember, every trader starts somewhere, and the more you practice, the better you’ll become. Don't be afraid to experiment with the platform, and most importantly—always trade responsibly!