Why Choose MetaTrader 4?

Although regarded as the simplest and most reliable trading platform, MetaTrader 4 (MT4) is not only known for its user-friendly layout, which means whether you are a beginner or seasoned pro, keeping tabs on all your trades will be simple. Key tools to help you in the process of making decisions by analyzing markets using charts and technical indicators.

Automated trading of MT4 allows you to set up trades on your own without the intervention of certain predefined rules. It is very fast, you can do quick trades and it works on phone tablets computers which means you will trade anywhere.

Secure, meaning it will guard your data with very powerful encryption. In a nutshell, MT4 is such an excellent platform because it provides so many attractive features for traders of all skill levels to utilize.

How to Download and Install Exness MT4

Downloading and installing Exness MetaTrader 4 (MT4) is quick and easy. You can do it on your computer or mobile device. Just follow the steps below to get started.

System Requirements

Before you download MT4, make sure your device meets these requirements:

  • Windows: Windows 7 or higher
  • Mac: macOS 10.10 or later
  • Android: Android 5.0 or newer
  • iOS: iOS 9.0 or later
  • Internet: A stable internet connection is important for smooth trading
How to Download and Install Exness MT4

Installation Process for Windows/Mac/iOS/Android

For Windows

  1. Go to the Exness website and download the MT4 file.
  2. Run the file and follow the instructions to install.
  3. Open MT4 and log in with your Exness account.

For Mac:

  1. Download the MT4 file from the Exness website.
  2. Open the file and drag the MT4 app to your Applications folder.
  3. Launch MT4 and log in using your Exness account.

For Android:

  1. Open the Google Play Store and search for “MetaTrader 4.”
  2. Download and install the app.
  3. Open the app, search for Exness, and log in.

For iOS:

  1. Go to the App Store and search for “MetaTrader 4.”
  2. Download and install the app.
  3. Open MT4, search for Exness, and log in with your account.

Setting Up Your Exness MT4 Account

Setting up an Exness MT4 account is simple. You can either create a demo account to practice or a real account to trade live. Below are step-by-step instructions for both.

Creating a Demo Account

Follow these steps to create a demo account:

  1. Open the Exness MT4 platform on your device.
  2. Click on File in the top left menu and choose Open an Account.
  3. In the search bar, type Exness and select the demo server.
  4. Choose Demo Account from the options.
  5. Set the virtual balance and leverage you want to use for practice.
  6. Click Create to finish the setup.
  7. You’ll receive login details, and you can start practicing your trades right away.
Demo Account

Opening a Real Account

To open a real account and trade with real money, follow these steps:

  1. Log in to your Exness Personal Area on the Exness website.
  2. Click on Open New Account and select MT4 as the platform.
  3. Choose the type of real account you want (Standard, Pro, etc.).
  4. Set your preferred account currency and leverage.
  5. Complete the verification process by submitting the required documents.
  6. Deposit funds into your account using your chosen payment method.
  7. Use the provided account details to log in to the Exness MT4 platform and start live trading.
Opening a Real Account

Here’s a comparative table that highlights the key differences between creating a demo account and a real account on Exness MT4:

FeatureDemo AccountReal Account
PlatformMetaTrader 4 (MT4)MetaTrader 4 (MT4)
PurposePractice trading with virtual fundsTrade with real money
Initial BalanceCustomizable (e.g., $10,000 virtual)Based on deposit (e.g., $100 real)
LeverageCustomizable (up to 1)Customizable (up to 1)
Verification RequiredNoYes (ID and address proof)
Trading RiskNone (virtual money only)Real financial risk
Funds WithdrawalNot applicableAvailable for real profits
Document SubmissionNoYes (for account verification)
Account AccessSame as real account interfaceFull access to all trading features

Key Features of Exness MT4

Exness MT4 offers useful features that make trading simple and effective for everyone:

Key Features of Exness MT4
  • User-Friendly: Even a complete beginner can quickly understand the clear design of high-quality uncomplicated MT4. 
  • Advanced Charts: Looking to the chart in detail with your own indicators and choosing different time frames for decision making.
  • Automated trading: The advanced scripting engine helps you to code your own EAs (Expert Advisers) and let the system trade automatically using these rules. 
  • Different Order Types: You can place different orders, such as market order or pending one. 
  • Trade Anywhere: Access your trading account and trade using any mobile device running the MT4 application. 
  • Quick Trade: This quick trade feature is required for efficient trading as the trades on MT4 Exness occur instantly which in turn will help you to gain or close situations without additional waste of time. 
  • Secure: Your data and trades are encrypted to ensure that only you control the privacy of your account. 
  • Diverse Trading Instruments: With access to over 200 different financial assets such as forex, metal pairs (gold/silver), cryptocurrency tradings, stocks and indices trading.

Using Exness MT4 WebTerminal

The Exness MT4 WebTerminal lets you exchange an investment of trading without a moment’s delay from your internet browser. No download or install is required, so it is quite convenient. You just have to provide your login details and internet connection. All WebTerminal features are duplicated from the desktop version formed by them. Therefore, you can conduct trades and see charts along with the real time market watch. The process is simple even for beginners. 

The WebTerminal can be even used on the phone, so it is not a disadvantage. You can trade with this availability 24/7 by either using your computer or phone. It’s also secure. The use of encryption ensures you are well protected, secure in the knowledge that your personal and payment details will remain private. WebTerminal The web terminal brings you the best of both worlds, allowing trading without downloads.

Trading Instruments Available on Exness MT4

The Exness MT4 platform comes with a variety of trading instruments.

Forex pairs

Forex pairs

Are available on Exness MT4, with over 100 pairs to choose from. This includes major pairs like EUR/USD and GBP/USD, as well as minor and exotic pairs, allowing you to trade in different currency markets worldwide.

Metals

Metals

Like gold and silver are also offered on Exness MT4. These commodities are popular for traders looking to hedge their portfolios or take advantage of price movements in the metals market.

Cryptocurrencies

Cryptocurrency

Such as Bitcoin, Ethereum, and Litecoin are available for trading on Exness MT4. Cryptocurrency trading provides exciting opportunities for traders looking to enter this fast-paced market.

Indices

Indices

On Exness MT4 include major global stock indices like the NASDAQ and FTSE 100, allowing you to trade based on the performance of entire markets.

Energies

Energies

Such as oil are available as well, enabling traders to take advantage of movements in the energy market.

Stocks

Stocks

From well-known companies can also be traded on Exness MT4, giving you the ability to trade shares of major corporations.

Tips for Effective Trading on Exness MT4

Here are some helpful tips for trading effectively on Exness MT4:

  • Have a clear trading plan: Decide when to enter and exit trades, and set your risk limits. A solid plan helps you stay focused and avoid emotional decisions.
  • Utilize charting tools: Use the technical analysis tool and indicators in MT4 to analyze market trends so as to identify potential entry and exit points. 
  • Use of Expert Advisors (EAs): If you use EAs, they can control your trades automatically using preset rules and respect to your trading plan even when you are not around the market. 
  • Do keep yourself updated regularly with market news: Track the major economic events that could result in a move. That way, you can pivot your strategy accordingly. 
  • Manage your risk: Use stop orders & know when to cut your losses, you never want more in a trade than what you’re prepared to lose. 

But these tips will definitely help you to make smarter trading decisions and make your overall experience better on Exness MT4.

Troubleshooting Common Issues

Sometimes, you might run into issues while using Exness MT4. Most problems are easy to fix with a few simple steps.

If you experience connection problems, first check your internet connection. Restarting the platform can also help solve this issue quickly.

For login issues, make sure your account details and server information are correct. If you’re still having trouble, try resetting your password or contact Exness support for help.

If the platform becomes slow or freezes, it could be because too many charts or indicators are open. Try closing some of these to improve performance.

Your trade might be executed abnormally in case your internet is slow or when the market is very volatile Ensure your connectivity is good, and kindly note that during peak trading hours (eg. mornings), queues for validation may crop up due to high traffic – this should subside once the framework has been cleared out. 

Frequently Asked Questions

Is Exness MT4 Free to Use?

Yes, Exness MT4 is free to download and use. You won’t pay anything for the platform itself, but there may be costs like spreads or commissions when you trade.

Can I Use My Exness MT4 Account on Multiple Devices?

How Do I Update My Exness MT4 Platform?