How to Withdraw From MT4 App? | Forex Education (2024)

Table of Contents

MT4 is an application that can be used to trade on the Forex market. The application allows users to trade in currencies, including major currencies like the British pound and the US dollar. MT4 is available for download as a free trial version, which can be used for up to one month before purchasing a license.

MT4 can be used on any computer without additional hardware or software. The application works with all operating systems, including Windows 7 and 8, Mac OS X Mavericks (10.9), and Ubuntu Linux 12.04 LTS. It also supports iOS 7 or higher mobile devices and Android 4.0 or higher.

If you use an MT4 or MT5 desktop, please read our article on how to withdraw money from the MT4 Windows platform.

The MetaTrader 4 (MT4) trading platform, established in 2005, offers traders of varying expertise a professional trading interface. Most forex brokers provide MT4 for free, accessible on desktop and mobile devices. While beginners often start with a demo account on MT4, transitioning to real trading requires knowledge about the withdrawal process. Specifically, while MT4 monitors trading activities, withdrawal transactions are conducted through the broker’s client portal; thus, to withdraw, traders must access this portal, navigate to the funding section, complete the withdrawal form, and submit.

How do you withdraw money from the MT4 App?

To withdraw money from the MT4 app, tap into the log-in area, enter your username and password, and visit your trader’s dashboard. You can withdraw money only from the broker’s client portal. Usually, in the app, you will have the option “Withdrawal.”

Below, you can see steps on how to withdraw money from the HFM MT4 app:

VISIT HFM

Each broker has a similar withdrawal system.

Login to your account

You’ll need to log in to the MT4 app to get started. Here’s how:

  • Open the MT4 app on your device and tap “Login” in the top right-hand corner.
  • Enter your username and password, then tap “Login” again (if you’re using a fingerprint scanner on an Android device).

Find Withdrawal section

To withdraw money from MT4, you need to find the withdrawal section.

Once you have chosen which withdrawal method you would like to use (bank transfer or e-wallet), it is time for more information about where your money is going!

Click on “Withdraw” at the top of your MT4 trading platform.

Choose how much money you want to withdraw from your account. The minimum withdrawal amount is usually $10, but some brokers can set $50 or $100 as the withdrawal minimum amount.

Select one of the three withdrawal options that appear after choosing an amount for withdrawal (Bank Wire Transfer, Bank Transfer Credit Card, or PayPal). If you select PayPal as a transfer method, please note that it may take up to eight days before the money is available in your PayPal account because creditors stand a chance of reversing transactions through their fraud prevention systems.

Select the payment method.

You can withdraw funds using the same payment method you used to deposit them. This includes cash, credit/debit card, and e-wallet accounts:

How to Withdraw From MT4 App? | Forex Education (123)

Select Transfer > Withdraw Cash from the application’s main menu to access your account balance for a withdrawal request made using a cash deposit. Then, enter your withdrawal amount and select Continue to proceed with the transfer.

If you deposited via credit or debit card, select Transfer > Withdrawal from Credit Card/Debit Card Account from the MT4 platform’s main menu. Enter your withdrawal amount and select Continue to proceed with the transfer.

If you deposited via an e-wallet account (such as Skrill), select Transfer > Withdrawal from E-Wallet Account under the MT4 platform’s main menu; enter your withdrawal amount and click on the Confirm & Close button at the bottom of the window to start processing this transaction.

First, you need to access the “Withdraw” option in the top right corner of our website. You can do this by clicking “Log In” and selecting “MT4 App” from there.

Then, you will be asked to enter your username, email address, and password (if you have previously registered). You can also choose whether or not to remember this information so that it will be easier for you to log in to our platform next time. After doing this, click “Next.”

  • Choose a payment method.
  • Confirm your withdrawal details.
  • Specify the amount you want to withdraw from the company account.
  • Acknowledge and approve any transaction fees tied to your chosen payment method (e.g., e-wallets, bank transfers).
  • If you wish, you can log out at any point by clicking “Logout.”

Enter the amount you wish to withdraw and click on “Next.”

  • Open the MT4 App and log in to your account.
  • Click “Withdraw Funds” from the left side of your screen and select the amount you wish to withdraw from your trading account. The minimum withdrawal amount is $100, and the maximum withdrawal amount is $50,000 per day. However, this may vary depending on which currency you deposited into your MT4 account and what country it was deposited from.
  • Next, you will see a confirmation page with details about how long it will take for your funds to be transferred into your bank account (usually 3-5 working days), as well as any potential fees that may apply based on where you live or what method of payment you use when withdrawing money from your trading account.

You will receive an email with a secure link. Click on the link and follow the instructions.

These are the most basic instructions if you hate reading long ones. To withdraw funds from your MT4 account:

  • Login to your MT4 account and click on “Withdraw Funds.”
  • Click on the withdrawal option that best suits you, i.e., either “Instant Bank Transfer” or “Regular Bank Transfer.”
  • Select the number of funds you want to withdraw and click “Proceed.”
  • You will receive an email with a secure link, which you must click on before proceeding with the withdrawal process (2FA Authentication).
  • Enter all required details, such as beneficiary name(s), bank account number(s), routing number(s), etc., and follow the prompts provided until your request has been successfully processed.

How do you withdraw money from the Exness MT4 app?

To withdraw money from the Exness MT4 app, log in and choose Withdraw in the horizontal upper menu. Please see the steps in this video below:

VISIT EXNESS

Conclusion

Modern MT4 and MT5 apps offer straightforward steps to withdraw your money. However, each app requires connecting with the broker’s website and client portal.

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How to Withdraw From MT4 App? | Forex Education (209)

Trader at Leanta Capital

Igor has been a trader since 2007. Currently, Igor works for several prop trading companies.
He is an expert in financial niche, long-term trading, and weekly technical levels.

The primary field of Igor's research is the application of machine learning in algorithmic trading.

Education: Computer Engineering and Ph.D. in machine learning.

Igor regularly publishes trading-related videos on the Fxigor Youtube channel.

To contact Igor write on:
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How to Withdraw From MT4 App? | Forex Education (210)

How to Withdraw From MT4 App? | Forex Education (2024)

FAQs

How to withdraw money from MT4 app? ›

Open the MT4 app on your iPhone and log in to your account. Navigate to the "Withdraw Funds" section. Select the payment system you want to use for the withdrawal. The available payment options will depend on your broker and may include bank wire transfers, credit cards, and e-wallets.

How do I withdraw my demo account from MT4? ›

Traders cannot manually add or withdraw virtual funds to or from Demo accounts. To top up or remove funds from your Demo account, please contact your Account Manager or contact our Client Services team and provide your Demo MT4 account number and the amount you would like to add or remove from your Demo account.

Can I withdraw money from MT4 without a broker? ›

The short answer would be no. You need to sign up in MT4 with a broker and open a trading account with them. Once you download their MT4 platform, you can then trade with real funds and withdraw your profits from the portal or account you have with the broker.

Can you withdraw credit from MT4? ›

The MT4 platform doesn't have an in-built deposit or withdraw function and your forex or CFD broker has to facilitate the withdrawal of your money from your MT4 account.

How long does it take to withdraw money from t4trade? ›

Deposits are free and instant; traders can quickly start trading after the deposit is complete. Withdrawals typically take about 3-4 business days to process. Both deposit and withdrawal processes are protected with the latest SSL encryption and other security technologies.

Can you get real money from MetaTrader 4? ›

You can either open a live trading account in which you can deposit real money to trade and withdraw later, or you can open a demo account and trade with virtual funds. Most online CFD and forex brokers offer access to the MT4 platform for free, which can be downloaded on your desktop or mobile.

Why does my MT4 demo account say not enough money? ›

If you see a "Not enough money" message, it means your account doesn't have enough funds to meet the margin requirement. To resolve this, add funds, close some open trades, or increase your leverage ratio (e.g., switch to 1:400).

How do I change my demo account to real account in MetaTrader 4? ›

There is no way to change your MT4 demo account to a live IG MT4 account. Instead, you will need to create a separate live account. Fortunately, with IG this is a straightforward process.

How long does an MT4 demo account last? ›

MT4/5 demo accounts expire automatically after 30 days unless you have a live funded account and request us to set it to non-expiry for you.

How do you get out of a trade on MT4? ›

How do I close a trade on MT4?
  1. Right click on the trade from the Terminal Window.
  2. Select “Close Order”
  3. Confirm close by clicking on the yellow “Close” button”

Can I use MT4 without a broker? ›

MetaTrader 4 (MT4) is not a broker, but a trading platform. The software is available to download or access online through a CFDs or forex broker. While the platform is accessible online with or without a broker, you would have to register with a trusted CFD broker.

How to withdraw money from trading account to bank account? ›

To initiate a withdrawal from your trading account, ensure an ample free balance, and proceed by placing a withdrawal request through your trading platform or by contacting your broker's customer care. Provide the necessary details, including the withdrawal amount and bank information.

How do I withdraw money from my MT4 account? ›

To initiate a withdrawal, simply log into your real account portal, select the funding tab, and find the withdraw function. Once there, fill in the withdrawal form with the amount that you wish to withdraw, select the withdrawal method that is available to you, and submit the request.

Will MT4 be removed? ›

On 24th September 2022, Apple removed the MT4 & MT5 app from the iOS App Store. New users can no longer search or download the application, and current users will not be able to perform any updates in future but can continue trading normally. Android device users remains unaffected by this change.

How do I sell on MT4 app? ›

Select the instrument you want to trade from the drop-down list. In the “Order Type” dropdown list, select either “Market Execution” for immediate execution or “Pending Order” for a delayed execution when prices reach your specified levels. Next, determine whether you want to Buy or Sell in the same dropdown list.

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