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Start Trading with MT4
Trade forex and CFDs on the MetaTrader 4 platform with FxPro in South Africa. Fast execution, tight spreads, and advanced tools.
Getting Started with MT4 on FxPro in South Africa
Our company, FxPro, welcomes traders from South Africa. We provide regulated access to forex and CFD markets through the MetaTrader 4 platform. MT4 remains a preferred choice for technical analysis and automated trading. South African users benefit from lightning-fast execution, tight spreads, and a deep liquidity pool. You can trade over 70 currency pairs, major indices, precious metals, and commodities.
Our entity serving South Africa operates under strict compliance standards. We offer two live account types tailored to different trading styles. The Standard account suits beginners, while Raw+ works best for active scalpers. All accounts support Expert Advisors and custom indicators. Below is a comparison of our main MT4 account types.
| Account Type | Spreads | Commission | Minimum Deposit | Leverage Range |
|---|---|---|---|---|
| Standard | From 1.2 pips | None | $100 | 1:1 to 1:500 |
| Raw+ | From 0.0 pips | $3.5 per lot | $500 | 1:1 to 1:500 |
| Demo | Variable | None | $0 (virtual $10,000) | 1:1 to 1:200 |
System Requirements for MT4
Before installing MT4, verify that your device meets our specifications. Our platform runs on Windows, macOS, iOS, and Android. Each operating system has specific requirements. Meeting these ensures stable performance and smooth trading. Below we detail the needs for each version.
Desktop Version
For Windows 7, 8, 10, or 11 (32-bit or 64-bit). A processor of 1 GHz or faster is sufficient. At least 512 MB of RAM (1 GB recommended). The installation file takes about 20 MB of disk space. For macOS, you need macOS 10.12 or later. We provide a native Mac build or you can use the web terminal.
Mobile Version
The FxPro MT4 mobile app requires iOS 12.0 or later for iPhone and iPad. For Android, version 6.0 or higher is needed. The app uses approximately 100 MB of storage. A stable internet connection (3G/4G/5G or Wi-Fi) ensures smooth trading.
Web Terminal
No download is needed for the web version. It works on Chrome, Firefox, Edge, or Safari. Any device with a modern browser and internet access can launch MT4 WebTrader. This option is ideal for quick access on shared devices.
Our hardware recommendations help you run multiple charts and Expert Advisors. Follow these guidelines for the best experience. Below is a list of minimum hardware specifications.
- RAM: 2 GB for multi-chart setups
- Screen resolution: 1366×768 or higher
- Internet speed: at least 1 Mbps download
- Processor: Dual-core 2.0 GHz for heavy EAs
Step-by-Step Account Registration
To use MT4 on FxPro, you first need a verified live or demo account. The registration process is straightforward for South African residents. Follow these steps to get started. Our system guides you through each stage. You can complete everything online in minutes.
Create Your FxPro Profile
Visit fxpro.com and click “Register”. Select South Africa as your country of residence. Enter your email and create a secure password. Fill in personal details: full name, date of birth, phone number. Provide your residential address, employment status, and trading experience. Choose USD as your account base currency (ZAR is not available for MT4 accounts). Accept the Client Agreement and submit.
Complete Verification (KYC)
Upload a clear copy of your South African ID, passport, or driver’s licence. Also provide a proof of residence (utility bill or bank statement) issued within the last three months. We require a selfie or liveness check. Our team verifies documents within a few hours to one business day.
Keep these documents ready before you start. Having them prepared speeds up the process. Below is a list of what you need.
- Government-issued ID (SA ID, passport, or licence)
- Proof of residence (bill or statement, dated within 3 months)
- Selfie photo or live video verification
Downloading and Installing MT4
After account approval, you can download MT4 from our website or app store. The process differs slightly by device. We support all major platforms. Choose the method that works best for you. Below are the steps for each operating system.
For Windows and Mac
Log into FxPro Direct. Go to the “Download Centre” and select “MetaTrader 4”. Download the installer for your operating system. Run the file and follow the prompts. Accept the licence agreement and choose installation folder. Launch MT4 once setup finishes.
For iOS and Android
Open the Apple App Store or Google Play Store. Search for “FxPro MT4”. Install the official app. Open the app and tap “Login to an existing account”.
Web Terminal
From FxPro Direct, click “WebTrader” next to your MT4 account. No installation is required. The terminal opens directly in your browser. This option works on any device with internet access.
Configuring Your MT4 Platform
Proper setup ensures a smooth trading experience. We recommend customising the platform to match your style. MT4 offers many configuration options. Below we cover server login, charts, and workspace settings. Follow these steps to optimise your setup.
Server Selection and Login
When you first open MT4, you must select the correct server. The default is “FxPro-MT4 Real”. If you cannot find it, type “FxPro” in the search bar. Enter your login ID (account number) and password. Make sure you are connected to the internet. Click “Login”. Your balance and open positions will load.
Setting Up Charts and Indicators
Right-click in the Market Watch window to show or hide symbols. Drag a symbol onto a chart to open it. Change timeframes using the toolbar (M1, M5, H1, H4, D1, etc.). Apply indicators by dragging them from the Navigator panel. Popular choices include Moving Average, RSI, and Bollinger Bands.
Customizing Workspace
Save your chart layout by selecting “Profile” → “Save As”. Load templates for consistent setups. Create multiple chart windows for different pairs. Adjust colours and grid lines in “Properties” (right-click on chart).
Below is a comparison of default settings versus our recommended customisations for South African traders.
| Feature | Default | Recommended for SA Traders |
|---|---|---|
| Chart style | Bar | Candlestick |
| Timeframe | M1 | H1 for trend analysis |
| Grid | Show | Hide for cleaner view |
| Auto-scroll | On | On |
| One-click trading | Off | On for quick execution |
Placing Your First Trade
Now you are ready to execute orders. MT4 supports market, limit, and stop orders. Each order type serves a specific purpose. Choose the one that fits your strategy. Below we explain how to use each one.
Market Orders
Click “New Order” in the toolbar or press F9. A window appears showing current bid/ask. Set volume in lots (0.01 is one micro lot). Optionally add Stop Loss and Take Profit levels. Click “Sell by Market” or “Buy by Market”. The trade appears in the Terminal (Trade tab).
Pending Orders
Choose “Pending Order” from the Type dropdown. Select Buy Limit, Sell Limit, Buy Stop, or Sell Stop. Enter the desired price. Set expiration if needed. Confirm. The order stays in the list until triggered.
Using Stop Loss and Take Profit
You can set SL/TP when placing the order or modify an open position. Right-click the trade and select “Modify or Delete Order”. Enter SL and TP prices. We recommend always using SL to limit downside.
Below is a reference table for all order types and their ideal use cases.
| Order Type | Direction | When to Use |
|---|---|---|
| Market | Buy/Sell | Immediate execution at current price |
| Buy Limit | Buy | Expect price to drop to a level then rise |
| Sell Limit | Sell | Expect price to rise to a level then fall |
| Buy Stop | Buy | Expect price to break above a resistance |
| Sell Stop | Sell | Expect price to break below a support |
Managing Risk and Leverage
Leverage amplifies both profits and losses. South African traders must understand margin requirements. Proper risk management protects your capital. We provide tools to help you stay in control. Below we explain margin and leverage settings.
Understanding Margin
Free margin is the amount available for new trades. Used margin is locked by open positions. If equity falls below margin, a margin call occurs. MT4 shows your margin level in the Terminal (Trade tab).
Setting Leverage
You can choose leverage from 1:1 to 1:500 in your account settings. For beginners, we suggest 1:100 or 1:200. Higher leverage reduces margin but increases risk. Always adjust based on your account size.
Follow these risk management tips to trade responsibly. They help preserve your capital over time.
- Risk no more than 1–2% of your account per trade
- Always set a Stop Loss
- Avoid trading news events with high volatility
- Use trailing stops on trending pairs
- Keep a trading journal to review mistakes
Support and Resources for South African Traders
Our company provides dedicated assistance and educational materials to help you succeed. We offer multiple channels for support in South Africa. Below you will find contact options, learning resources, and deposit methods. Use these to enhance your trading experience.
Local Contact Channels
You can reach our support team 24/5 via live chat, email, or phone. For South Africa, we offer support in English. Our team answers account queries, technical issues, and withdrawal questions. Response times are typically under one hour. We prioritise South African client requests.
Educational Materials
FxPro’s “Watch & Learn” videos cover MT4 basics. We also provide webinars on technical analysis. Our “How-To” guides explain specific platform tasks. All resources are accessible from the FxPro Direct dashboard. New content is added every month.
Deposit and Withdrawal Methods
South African traders can fund with bank cards (Visa/Mastercard) or bank transfers. Minimum deposit is $100 for Standard accounts. Withdrawals are processed within 24 hours. No deposit fees apply. Funds are credited to your MT4 account after wallet transfer.
Start trading with MT4 on FxPro today. Our platform offers speed, reliability, and advanced tools for all experience levels. We serve traders in South Africa with dedicated support and localised resources.
❓ FAQ
What is the minimum deposit for MT4 on FxPro in South Africa?
The minimum deposit is $100 for Standard accounts and $500 for Raw+ accounts. Demo accounts require no deposit and start with virtual $10,000.
Can I use MT4 on my mobile phone in South Africa?
Yes. Download the FxPro MT4 app from the Apple App Store or Google Play Store. It works on iOS 12.0+ and Android 6.0+. A stable internet connection is needed.
How long does account verification take for South African traders?
Our team verifies documents within a few hours to one business day. Provide a clear SA ID or passport and a recent proof of residence for faster processing.
What leverage can I use on MT4 with FxPro in South Africa?
Leverage ranges from 1:1 to 1:500. Beginners should start with 1:100 or 1:200. Higher leverage increases risk, so choose based on your account size and strategy.
Does FxPro charge deposit fees for South African traders?
No deposit fees apply. You can fund your account via Visa, Mastercard, or bank transfer. Withdrawals are processed within 24 hours with no additional charges.
The article is structured with 8 H2 sections, 5+ H3 subsections, three lists, three tables, two content buttons, and a closing FAQ block. It’s written from FxPro’s perspective with clear steps for registration, platform setup, and trade execution — all tailored for South African users.
