InstaTrader

What does Base currency mean?

Base currency is the first one quoted in the currency pair. Its value is determined by the price of the currency quoted against it. (For example, if the EUR/USD currency pair rate is 1.3525, then the euro is the base currency, and it is worth $1.3525).

What does the Long position mean?

Buy order

What does Short position mean?

Sell order

Why I am facing Invalid Parameters while opening a deal?

The selected Lot size and Stop Loss/Take Profit is incorrect.

What operating system is the MT4 terminal compatible with?

Windows 7 and onward.

How can I see all trading instuments in my MT4 platform?

Log in to your MT4 platform > Market watch window > right click > Show all > scroll down and you will be able to see all instruments.

What is the Server time?

The trading platform indicates GMT+2 or GMT+3 during Daylight Savings.

Why do I see Not enough money message when opening a deal?

It is required to have enough margin amount to open a position. Please check the required margin, using our Trader calculator https://www.instaforex.eu/forex_calculator If you see that there is not enough money to open a new position, you can close some of your existing positions or deposit additional funds to your trading account.

I clicked somewhere and lost information on current open transactions, what should I do?

Choose the View area in MT4, then press Terminal.

Why do I receive a message about requotes when opening a transaction?

In case of high volatility of financial markets (for example, during a news release), requotes (server’s offers of a new price which is different from the price of your inquiry) are probable at the attempt to open/close a position. To avoid this situation you can use the "Enable maximum deviation from quoted price" option in the window of the position opening/closing. By adjusting certain value, you automatically open a position with a new price unless the deviation of the new price from the req...

What does “Trade Context Busy” mean in MT4 terminal?

It means that you cannot open a new position because only one request at a time can be executed by the platform. If sending several requests the Trade context busy message appears. In case of such messages, you need to restart the platform.

Can I save my settings in MT4 platform?

You can save the MT4 terminal settings you need (delete the charts you don’t need or open the necessary ones), which will be used by default during subsequent authorization. To do this, save the profile that you want to use by default: "File" - "Profiles" - "Save Profile As".

What is the maximum trade volume I can open?

0.01 is the minimum volume of a deal. 10 000 lots is the maximum volume of a deal. When trading CFD, the maximum volume of a deal is100 lots. More information about contract specifications can be found here https://www.instaforex.eu/specifications

Invalid Stop loss / Take profit message when setting stop level?

Such a message means that you are setting a stop loss / take profit with a slash close to the current price. Stop orders can be set no closer than the spread level for a trading instrument. Please note that for sell orders stop-losses must be set higher than the current market price and take-profit levels must be set lower than the current market price.

Can I use MT5 platform for trading?

Our trading accounts are compatible with MT4 platform only.

Can I use your MT4 with Mac OS?

The client terminal can be installed and used on computers running Mac OS using Wine. Wine is free software that allows users of Unix-like systems to run applications designed for use on Microsoft Windows systems. Among others, there is a version of Wine for Mac OS. Wine is not an absolutely stable product. This means that not all functions of the launched application may work properly. For installation on Mac OS, it is recommended that you use the free development of PlayOnMac. PlayOnMac is W...

I can`t open a deal. New order button is inactive.

You are using investor password and account is in a View mode now. Please log in the MT4 once again, entering Trader password as Password.

Can I receive statement from MT4 platform?

Sure, you need to choose ‘Account History’ section located at the bottom left side of your MT4 platform. Right-click anywhere inside the tab, select the trading period you want and ‘Save as Report’, select specify a save location and click ‘Save’.

What is trailing stop?

When you set a trailing stop order (at X pips), the platform does nothing until your trade brings profit in the amount of X pips (rate of your trailing stop). Then the platform sets stop loss order X pips far from the current price (in our case it is the break-even point). If the market price goes up, the stop loss level also moves up proportionally. If the market price goes down, the stop loss level remains. This means that the trailing stop loss follows the current price at a distance of X pip...

I am facing Requote messages while opening a deal. What is wrong?

In case of the high volatility of financial markets (for example, during a news release), requotes (server’s offers of a new price which is different from the price of your inquiry) are probable at the attempt to open/close a position. To avoid this situation you can use the "Enable maximum deviation from quoted price" option in the window of the position opening/closing. By adjusting certain value, you automatically open a position with a new price unless the deviation of the new price f...