Just wondering if I can open a live account with MT4 ?? When I go to open an account it only have the Demo server available. How do I do it ?? and what is the minimum deposit and what is the best ratio to go with (1:400) ?

Thanks

You can open live account only if you've registered / invest your money at forex broker company otherwise you only have demo available.......

deposit depend on how much money you invest...on demo is all up to you....
I think 1:500 is better..

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I have a live account with Marketiva but want to open a live account on MT4 so I can work with EA's.
What do the leverages mean? 1:100, 1:400, ect..?

I use Interbank FX and am very satisfied. You can open a mini account with as little as $250.00. They also have some new Visa Debit access features and funding the account is very easy. I highly recommend them. Check them out.

http://www.interbankfx.com/

Jon

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"Only those who dare to fail greatly can ever achieve greatly."

Simply put, leverage is the ability to trade with borrowed funds. Leverage is a tool by which traders can determine the level of risk -- and thus, the potential reward -- they assume in the market. The more leverage used, the more volatile the trader's percentage return of profit or loss can be. An example of how leverage used in trading is as follows:

Suppose a trader purchases 1 lot of USD/JPY -- a trade that involves the purchase of 100,000 U.S. Dollars -- at a rate of 105.65. Instead of depositing 100,000 U.S. Dollars into his account to place the trade, though, the trader deposits just 10,000 U.S. Dollars -- and uses the leverage afforded by his trading firm to purchase the remainder of the position. Mathematically, a trader's leverage ratio is the value of the position assumed divided by the amount of money deposited in the account. In the example above, the position size is $100,000 and the account balance is $10,000 -- thus making leverage 10:1.
Now assume the market moves in favor of the trader, and that the rate jumps to 106.65 -- 100 pips above his rate of entry. The trader now seeks to exit the trade. At the exchange rate of 106.65, his 100 pips on the USD/JPY are worth approximately $938. On the total $100,000 investment, this amounts to a paltry return of just 0.94%. But on the $10,000 actually invested, the return is 9.4% -- an impressive amount for a single trade. It’s important that you understand that leverage is a double-edged sword that can cut both ways -- it can improve your return on invested capital, but it can also magnify your losses if the market moves against you.

taken from xtfx.com

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Thanks for the info