How to Use MetaTrader: Complete MT4/MT5 Platform Course
A hands-on beginner course that teaches you every feature of MetaTrader 4 and 5: installation, chart setup, all order types, position sizing, margin monitoring and correct trade closing. Built by Forex Fluency for step-by-step, demo-first practice. Enrol at https://forexfluency.com/courses and open a FREE demo with Exness to practise: https://one.exnessonelink.com/a/vwl4i9qqfv. Trading carries risk; practise on demo and never risk funds you cannot afford to lose.
What you'll learn
- Install MT4 and MT5 on desktop and mobile, open and connect a demo account (we recommend Exness demo)
- Configure charts, save templates and use drawing tools and indicators for effective analysis
- Place market orders and all pending orders (Buy/Sell Limit, Buy/Sell Stop), and set stop-loss, take-profit and trailing stops
- Calculate pip value and required margin with correct formulas and examples (standard/mini/micro lots)
- Size positions so a stop-loss equals an exact % of your account (e.g., risk 0.5–2% per trade) using the position-sizing formula
- Monitor free margin and margin level, recognise margin-call conditions and close/manage positions correctly
- Modify and partially close trades, use platform execution features (slippage, execution modes) and manage trades on mobile
- Build a 30‑day demo practice plan, keep a trade journal and avoid common platform mistakes
Inside the course
6 stages · 25lessons, easiest first. Here's a preview — the full lesson-by-lesson outline opens when you enroll.
Module 1 — Install, Accounts & Workspace
Get MT4/MT5 installed and linked to a demo account, learn the platform layout (Market Watch, Navigator, Terminal, chart windows) and choose between MT4 and MT5. Module ends with a short quiz. Lessons that cover live trading steps include a demo-first reminder and a brief risk warning.
- Install MT4/MT5 on desktop and mobile35 min
- Open and connect a demo account (step-by-step)30 min
- Platform navigation: Market Watch, Navigator, Terminal and charts35 min
- MT4 vs MT5: differences and choosing the right platform30 min
- 2Module 2 — Charts, Timeframes & Tools4 lessons + quiz
- 3Module 3 — Orders and Execution5 lessons + quiz
- 4Module 4 — Margin, Leverage, Lots and Position Sizing4 lessons + quiz
- 5Module 5 — Trade Management, Modification & Closing4 lessons + quiz
- 6Module 6 — Practice Plan, Troubleshooting & Next Steps4 lessons + quiz
Every lesson is long-form and fact-checked, with worked numeric examples, diagrams and an end-of-stage quiz. Enroll once — it's yours for life.
Sample the teaching first
We wrote a free in-depth guide on this exact topic — read it, and if the teaching style clicks, the course goes ten times deeper.
Read: How to Use MetaTrader (MT4/MT5) — Practical 2026 GuideFrequently asked questions
Is this course really worth paying for?
Every Forex Fluency course is a deep, structured program — long-form fact-checked lessons, fully worked numeric examples, diagrams and end-of-module quizzes. At $5 it costs less than one impulsive, uneducated trade typically loses.
How do I access the course after paying?
Checkout takes a minute. Once your payment is confirmed you receive an access code by email — enter it on the My Learning page and every lesson unlocks instantly, forever.
Do I need a trading account first?
No. You only need a free demo account for the practice exercises, and we show you exactly when and how to open one — no deposit required.
Will this course make me profitable?
No honest school promises that. Education, risk management and disciplined practice are what separate the traders who succeed. This course gives you that foundation — the results depend on you.
Is it self-paced?
Completely. Lessons are written, not scheduled — read them any time, on any device, and your progress is saved as you go.