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Check account balance info

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.

Created

: 2022.09.07

Last updated

: 2024.04.15

Writer

Takayoshi Nakamaru

Manual production consultant, MBA

Nakamaru is a manual production consultant at FINTECS, a company that specializes in creating manuals for their clients.
With a wide range of experience from fintech to entertainment, he presents what user-friendly manuals should be like.
He works with numerous large corporations as an external manual production project manager.

【Business information】
http://www.fintecs.co.jp/profile/

Supervisor

Akira Takagi

Systems engineer, MetaTrader administrator

After graduating from Computer Science at the Uninove, Brazil, in 2014, he has worked on various systems development projects.
He participated as a developer in the launch of forex services in 2019. Since then, he has also been involved in the development of MetaTrader plugins and APIs. He is certified by MetaQuotes as a MetaTrader5 Administrator and active in consulting and advisory as well.

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