Setting up a proxy server in Metatrader 4

MetaTrader (MT) is a platform tailored for online trading in financial markets, including the Forex market. This software equips traders to conduct a wide range of transactions in financial, stock, and foreign exchange markets and to analyze market data comprehensively. Program features include:

• MetaTrader 4 functions as a desktop application for Windows, MacOS, and Linux, with versions also available for iOS and Android mobile devices.
• The utility enables users to analyze and create technical indicators, construct graphical models for trading decisions, and execute various order types such as market, pending, and stop orders.
• It supports the use of expert advisors, automated programs designed to execute trading strategies.

MetaTrader 4 represents an advanced iteration of the trading platform, offering significant enhancements over its predecessors. Integrated new features ensure improved performance, heightened privacy, and efficient resource management.
Under normal conditions, MetaTrader 4 does not require a proxy server. However, when engaging in Forex and other online markets, experts advise a focus on privacy, confidentiality, and secure internet connections. Enhancing trading security is possible by using a high-quality proxy with MetaTrader.

Setting up a proxy in Metatrader 4

Setting up a proxy in MetaTrader 4 (MT4) can enhance security when trading from multiple accounts or if a broker mandates proxy connection.
Install MetaTrader on a PC with Windows, Linux, or another operating system.

1. To configure a proxy in MetaTrader 4, open the program to access its main window. Click on the “Tools” tab in the top menu bar and select “Options”, or use the keyboard shortcut “Ctrl+O”.
   
2. This window displays the default settings for the demo version. Tick the “Enable proxy server” box and click the “Proxy” button on the right.
   
3. In the “Server” field, input the IP address and port number from your proxy provider. Choose the connection protocol (HTTP, SOCKS4, or SOCKS5). Enter the username and password if your proxy server requires authentication. Ensure the IP address and port are correctly formatted, with only numbers and punctuation and no spaces. After entering all details, click “Test”.
   
4. If the connection test is successful, a notification will appear. Click “OK”, restart the software, and begin using the trading application.
   

If the connection test fails, recheck your settings. Errors could be in the IP address or proxy protocol selection. All technical details should be verified with your proxy provider when purchasing a package or an individual IP address.

Top 10 proxy providers for working with MT4

There are two types of proxies from a commercial point of view - paid and public. Trading requires not only increased confidentiality and anonymity. For comfortable work, you will need network optimization, protection against DDOS attacks, and different IPs for connection. Only paid proxy providers can provide wide functionality. A list of the best is given below.

Proxy-Seller

Proxy-Seller's official website showcases two primary types of proxies: HTTP(S) and SOCKS5. The site offers a selection of IPv4 and IPv6 proxies, ISP, as well as residential and mobile connection types.

• The provider assures a 99% uptime, crucial for effective monitoring of financial exchanges and instruments.
• Packages are available for periods ranging from a minimum of one week to a maximum of 12 months.
• The portal allows access to a dedicated channel with a capacity of up to 1 Gbit/s; any non-functional connection can be replaced within 24 hours.

Using Proxy-Seller's proxy packages in the MetaTrader 4 program enhances the ability to swiftly react to fluctuations in currency pair values and helps avoid service blocks when trading from different IP addresses.

BrightData

BrightData provides access to over 72 million IP addresses for secure proxy connections, boasting the fastest server response times and consistent Internet stability, unaffected by traffic volumes.

• The service supports HTTP and SOCKS protocol connections.
• Available are residential and mobile IP addresses, along with solutions to ensure high-quality Internet connections for both home and corporate networks.
• The geographical spread of proxy servers encompasses more than 60 countries, including CIS countries and the EU.

Key benefits of BrightData’s proxy packages for trading include high performance, regular updates of features, and compatibility with third-party software integration.

Proxy-Sale

Proxy-Sale offers connections through HTTP, HTTPS, as well as SOCKS4 and SOCKS5 protocols.

• The service provides a range of IP address types including anonymous, elite, static, and transparent, all at competitive prices.
• Tariff plans include channels with capacities up to 1 Gbit/s, with a selection of more than 400 networks.
• The packages offer between 1 to 2000 IPs and ports, with rental periods extending up to 1 year. All proxies require authorization for enhanced network security.

A notable feature of the site is its array of additional tools. These include options to assess network anonymity levels, check ping, and conduct IP tracing, all of which are valuable for trading applications.

Stormproxies

Stormproxies offers two types of protocols - HTTP and HTTPS, which are sufficient for stock, trading, and cryptocurrency exchange activities.

• Users can choose from static, rotating, or dynamic IPs for either home or data center use.
• The starting price for a single proxy is between $10 to $14; purchasing a long-term package is recommended for cost savings.
• The provider ensures continuous operation of its proxy servers, aiding users in not missing profitable opportunities on the exchange.

Integrating a Stormproxies proxy into MetaTrader 4 offers benefits such as unlimited traffic, access to over 200,000 IP addresses, high connection speeds, and stable connectivity.

Youproxy

Youproxy offers proxies supporting HTTP(S) and SOCKS5 protocols, primarily focusing on IPv4 connections. Additionally, the service includes IPv6 and Mobile proxies.

• The Internet connection through these proxies is highly secure with a 99% uptime. Proxies are allocated within 3 minutes post-payment.
• The provider's data centers are strategically located across Europe, Asia, Africa, and both South and North America, ensuring broad geographic coverage to circumvent regional blocks. This is particularly beneficial for transactions involving foreign currency funds and exchanges.
• Proxy authorization is mandatory, with options for either static IP or login-password authentication.

The site is known for its low, stable pricing. A package of 10 elite proxies is available for as little as $0.8 per month.

Oxylabs

One of the premier proxy providers offers connectivity to a diverse range of IP addresses via HTTP, HTTPS, and SOCKS versions 4 and 5 protocols.

• The company caters to freelancers, small businesses, and enterprises with both static and dynamic IP addresses.
• With a database of over 2 million proxies, clients can select the ideal package for trading or other specific needs.
• The provider also furnishes internal tools for network monitoring, enhanced Internet security, and improved anonymity.

Post-purchase, customers gain access to detailed packet filtering functions, enabling them to fine-tune proxy settings for optimized performance in foreign exchange markets.

Webshare

On the provider's website, you can purchase residential and static proxies, as well as anonymous proxies that support HTTP and SOCKS5 protocols. Additionally, the site offers free private proxies with residential IP addresses.

• Clients have access to over 30 million real proxies, helping to prevent account blocking by mitigating spam detection.
• The connection channels feature unlimited bandwidth with Internet speeds starting at 1 Gbit per second.
• Several tariff plans are available, enabling clients to choose the most suitable option for MetaTrader4. Prices for individual proxies in a package start from $0.05.

A free demo version is available for those who wish to assess the quality of the proxy connection. Post-demo, the average cost for a package connection is about $2 per month.

Proxy-IPv4

The service offers a range of proxy options, including static and dynamic IP, residential, and mobile proxies. Additionally, US-based ISP proxies are available, which are particularly beneficial for trading in foreign markets.

• Clients can select a monthly bandwidth option ranging from 15 to 5000 GB when purchasing a package.
• The provider supports all common connection protocols, such as HTTP, HTTPS, and SOCKS 4 and 5.
• The site enables the purchase of complete proxy packages for integration with third-party software, including MetaTrader and other utilities.

All proxies are reliably operational, with server availability at 99.99%. IPs from various countries offer high performance and low ping, ensuring no delays in user interaction with the web interfaces of programs, including MetaTrader.

Soax

The provider supports HTTP(S), UDP, and SOCKS5 protocols, offering users access to over 8.5 million IP addresses. Customers can purchase mobile or residential proxies utilizing IPv4 and IPv6 connection protocols.

• The website boasts a robust technical support service and customizable proxy package settings tailored to individual needs.
• A 72-hour demo version is available for just $2, allowing users to thoroughly assess the benefits of the provider's proxies.
• The ability to conduct numerous simultaneous sessions enables multiple currency transactions at once in MT4, reducing the risk of account blocking.

The provided limits are suitable for working with SMM tools, stock markets, or bookmakers. However, for uploading or downloading large-scale data packets, alternative network connection methods are advisable.\

Smartproxy

This provider offers HTTP and SOCKS4 protocol support. Clients have access to residential and static ISPs, as well as mobile and enterprise proxies.

• Key benefits include secure connections, a supply of thoroughly verified proxies, and an intuitive control panel.
• The portal boasts over 40 million IP addresses, with geographical coverage spanning more than 195 countries.
• A 7-day demo version is available, after which clients can opt for a monthly package averaging $50 to continue the service.

For MetaTrader 4 users working with funds or foreign exchange markets, the proxy server options facilitate automatic creation of new IP + port pairings. This feature allows traders to avoid manual setting adjustments, as rotation occurs seamlessly in the background.
When engaging with currency and stock markets, the uptime of the proxy server is crucial. Among the providers mentioned, Proxy-Seller, Brightdata, Oxylabs, Youproxy, and Webshare stand out for offering the highest proxy server uptimes in the market.
For users seeking a broad range of locations, Brightdata, Proxy-Sale, SOAX, Oxylabs, and Proxy-Seller are noteworthy. Their extensive coverage across dozens of countries ensures access to almost all global markets and exchanges, complemented by a diverse selection of proxy types suitable for trading from various regions.
Security is paramount when dealing with exchanges, so it's essential to opt for the best residential proxies that offer maximum security and confidentiality. We recommend providers renowned for their high-quality residential proxies, such as Proxy-Seller, Brightdata, Smartproxy, Oxylabs, and SOAX.
Our curated selection aims to help you choose the most appropriate proxy provider, ensuring a reliable trading experience.