PC Check account balance info
This article was :
published
updated
On MetaTrader4 (MT4) / MetaTrader5 (MT5), you can check your balance, equity, margin, free margin, margin level, and profit/loss in the "Trade" tab of the Terminal/Toolbox.
Here we will look at how to check your balance information on MT4/MT5.
Switch between MT4/MT5 tabs to check the steps for each.
Step 1
Click the "Trade" tab in the Terminal. You can find the balance, equity, margin, free margin, margin level, and total P/L of the trading account in the gray row.
|
Number |
Item name |
Descriptions |
|---|---|---|
|
1 |
Balance |
The account balance available for withdrawal. |
|
2 |
Equity |
The amount of money available for trades. If there is some credit, it shows the total amount of balance and credit. If you are holding positions, the floating P/L is also added or deducted. |
|
3 |
Margin |
The amount of money required to hold positions. |
|
4 |
Free Margin |
The amount of equity minus margin. |
|
5 |
Margin Level |
The percentage of equity to margin. |
|
6 |
P/L |
The profit/loss of the open trades. |
Difference in fees between MT4 and MT5
If there's a swap, it'll be included in the P/L. If the account charges fees, the round-trip fee will be deducted when closing your position in MT4, so it'll be included in the floating P/L until then. In MT5, the one-way transaction fee will be deducted from your balance when entering your position, so it won't be included in the floating P/L.
Step 1
Click the "Trade" tab in the Toolbox. You can find the balance, equity, credit, margin, free margin, margin level, and total P/L of the trading account in the gray row.
|
Number |
Item name |
Descriptions |
|---|---|---|
|
1 |
Balance |
The account balance available for withdrawal. |
|
2 |
Equity |
The amount of money available for trades. It shows the total amount of balance and credit, plus or minus the floating P/L if there are open trades. |
|
3 |
Credit |
The amount of funds provided by your broker. It is only for trades and not withdrawable. |
|
4 |
Margin |
The amount of money required to hold positions. |
|
5 |
Free Margin |
The amount of equity minus margin. |
|
6 |
Margin Level |
The percentage of equity to margin. |
|
7 |
P/L |
The profit/loss of the open trades. |
Fees not included in the floating P/L on MT5
If there's a swap, it'll be included in the P/L. If the account charges fees, the round-trip fee will be deducted when closing your position in MetaTrader4 (MT4), so it'll be included in the floating P/L until then. In MT5, the one-way transaction fee will be deducted from your balance when entering your position, so it won't be included in the floating P/L.
Was this article helpful?
No
Yes
0 out of 0 people found this article helpful.
Thank you for your feedback.