Where do I find my balance in the traderoom?
With the amount of information available on the MetaTrader 4/MT4 platform offered by Markets.Online, finding your account balance can be a bit overwhelming. But after reading this article, you should be able to find your way around the platform.
Finding the balance on the Metatrader 4/MT4 platform
Markets.Online offers the world-renowned Metatrader 4 or MT4 trading platform to trade assets such as Forex, Stocks and Commodities. Traders prefer using the MT4 platform due to its top-notch features and user-friendliness that get the job done easily.
Its simple layout makes finding anything a breeze. But in case you’re having any issues finding your balance, you should be able to find it after reading this. So let’s get started.
Web-based MT4 trading Platform:
Once you’re logged in your MT4 account, you will find all the required information in the “Terminal Window” at the bottom of the trading platform.
Desktop MT4 Trading Platform:
Similar to the Web-based trading platform, you will find a “Terminal Window” where all the required information regarding your account balance is available.
Mobile MetaTrader 4 platform:
It’s a little bit trickier to find your balance on the mobile app so follow the steps below closely.
Open the app on your smartphone (iPhone or Android). The following will appear:
Open “Trade” by tapping on and you will see all the required information.
Pretty easy, right? So now that you know where to look, you have to know what the information being displayed means. So, here we go:
The balance shows closed positions profit/loss.
Credit refers to the total amount of money a trader has in his/her account without the profits made.
Credit = Equity – Balance
Equity refers to the trader’s account balance plus the floating profit/loss of open positions.
Equity = Balance + Floating Profit/Loss
- Free Margin:
It is the difference between a trader’s equity and the open positions’ required margin.
Free Margin = Equity – Required Margin for open positions.