AGEA recommends MetaTrader 4 ( MT4 ) for experienced traders and those comfortable coding . Available in four currencies , MT4 uses its own programming language ( MQL4 ) with advanced features including : Automated trading programs ( Expert Advisors ) , Balance limits depending on the account type , Charting tools and built-in custom indicators , Up to 200 open positions , No volume limits , No commissions .

There are two main parts to opening an MT4 account:

  • You need to ensure you have the software
  • And you need to have an appropriate Live account – Cent, Standard, or STP

To download software

  • 1. Login to your account
  • 2. Go to “Services” at the top right hand corner of any page on the AGEA site.
  • 3. Click “Downloads” in the left hand column of the Services page

Alternatively you can just click “Get Software” at the top right side of all AGEA pages.
Open Account 1

Open Account 2
4. Go down the page to the MetaTrader4 section and within the highlight box click “MetaTrader 4 Platform Services”
Open Account 3
5. A box will pop up – Click “Save File”. It will be Saved into your downloads as ‘Agea-mt4-platform.exe”
Open Account 4
6. Find the saved file and double click it.
7. A pop-up box will appear – Click “Run”.
Open Account 5
8. The AGEA Agreement will come up, click “Next”.
Open Account 6
9. You will then see where the program will be saved, and can select whether you want a shortcut made and the program to open after installation. Click “Next”.
  • 10. The program will be downloaded, click “Finish” and you are done!

Now you have access to MT4 and can practice trading on your virtual desk where you have been given $10,000 virtual money to trade with.

Set up your Live Account

  • 1. Go to your “Account Center” (this can be accessed by clicking the button in the top right side of any AGEA page).
  • 2. Click “Platforms” > “MetaTrader” > MT4 Cabinet

Open Account 7

  • 3. On the page “MetaTrader 4 Cabinet”, click “Add a new account on the MetaTrader 4 Platform” which is at the bottom of the page
  • 4. Choose which account type you want: Cent, Standard or STP, and your primary currency, and then click “Add Account”.

Remember minimum deposits are required for these accounts as follows:

  • Cent – $10
  • Standard – $100
  • STP – $1000
To learn more about which account to choose see our Article “Which MT4 Account”
Open Account 8
As long as you have the required deposit, the account will now be added.

  • 5. A message will come up requesting you to enter a new password for your MT4 account.
    Note: The “Master Password” is the password you use for Streamster.
    If you do not add your password at this point, or want to change it at a later point, you can find this option at: “Account Center” > “Platforms” > “MetaTrader” > “MT4 Cabinet” . Then in the “Services” dropdown menu select “Change Password”.

Open Account 9
Now you will have your Account ID (which can be found again in the MT4 Cabinet if needed) and your password.

  • 6. Open your MT4 Software. Your Demo Account will automatically be displayed
  • 7. To change to the Live Account – Go to “File” > “Login”
  • 8. Enter your “Account ID” in the “Login” box, and your new password in the “Password” box.

Open Account 10

Open Account 11
The change the Server from “AGEA-Demo” to ‘AGEA-Live”.
  • 9. Now you can start trading live on MT4. Remember to transfer funds into your MT4 account at “Account Center” > “Funds” > “Transfer Funds”.