Complete Newbie to Forex/MT4/MT5

[jburkh03]

Hello there.

I'm going to lay it out there.  I'm completely new to the EA, MT4/MT5, and Forex and looking for help.

1. Should I use MT4 or MT5.  It looks like MT5 is more geared toward additional markets, such as stocks, and it complies with US regs, but looking for some opinions.

2. If I use the VPS in MT4 or MT5, can you have multiple accounts tied to the VPS?  The reason I ask is that I have 2 separate accounts, wanted to try 2 different EAs and I am using HostWinds currently, but would like to switch over to the VPS that is built in to the system.

3. I have 2 accounts, one using GPSForex robot and one using ForexFury.  I haven't had much success with either.  Any recommendations on settings or other EAs that are better?

4. I saw the "Signals" section and would it be better to copy a trader vs. the EAs I mentioned above?

Again, my apologies for all the questions, but have been doing research on my own and have, well, failed miserably.

Thank you.

JB

[Sergey Golubev]

Any recommendations related to the brokers/signals/etc are prohibited on the forum sorry.

Forum on trading, automated trading systems and testing trading strategies

Need help

Sergey Golubev, 2021.07.19 18:17

Find Metatrader broker (there are a lot of Metatrader brokers, use google to find), and open the account according to their condition on their websites.

Try with demo first.

1. The article - MQL5.community - User Memo 

2. MetaTrader 5 Help - Open an Account

3. Where Do I start from?
https://www.mql5.com/en/forum/212020 

4. MetaTrader 5 Help - Trading Platform — User Manual 

5. How to make a search on the forum
https://www.mql5.com/en/forum/193510 

6. Find a Server by the Broker's Name: 
https://www.mql5.com/en/forum/214820

7. My list of brokers: https://www.mql5.com/en/forum/353226/page3

[Sergey Golubev]

jburkh03:
...

4. I saw the "Signals" section and would it be better to copy a trader vs. the EAs I mentioned above?

...

As to the Signal service so read post #870 where I was trying to collect everything related to it.