Does anyone know how to access crypto assets via Meta Trader 4? I have existing cryto exchange accounts such as Binance etc but I would be interested
in running EA's to trade crypto. The MT4 platform only seems to have major currency pairs, I wondered if it is possible to access crypto pairs
such as BTC/USDT.
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DAVID ROSS WYNESS:
Does anyone know how to access crypto assets via Meta Trader 4?
Does anyone know how to access crypto assets via Meta Trader 4?
Open an account with a broker that offers cryptos.
DAVID ROSS WYNESS:
Right click on a symbol (currency pair) then click on "Show All" , if crypto don't appear you must choose another broker .
Thanks guys, are there any brokers in particular that you would recommend that provide access to crypto?
DAVID ROSS WYNESS:
Thanks guys, are there any brokers in particular that you would recommend that provide access to crypto?
Thanks guys, are there any brokers in particular that you would recommend that provide access to crypto?
It depends what "access" you want. As far as I am aware, there are no brokers offering physical trading in cryptocurrencies through MT4 (or MT5). What they offer instead are contracts for difference on the crypto prices.
Key differences:
- You're not buying actual Bitcoin which you can use to purchase drugs and weapons useful things on the internet. You're just making a bet on the Bitcoin price.
- Spreads on crypto CFDs are generally a lot wider than the crypto exchanges
- Brokers are generally offering leveraged trading on margin - though with very much reduced leverage compared to other asset classes, either because of regulatory restrictions or because of risk to the broker
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