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Exness MT4 – MetaTrader 4

In this article

Top broker matches for traders in South Africa

exness logo square transparent: exness.com
Exness
4.4

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Your capital is at risk. Leveraged products may not be suitable for everyone.
trade nation logo square transparent: tradenation.com
Trade Nation
4.3

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage
deriv logo square transparent: deriv.com
Deriv
3.8

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
xm logo square transparent: xm.com
XM
4.3

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Your capital is at risk. Leveraged products may not be suitable for everyone.

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To start trading with the Exness MT4, you must first know about using this trading platform. Among various trading platforms on Exness, the MT4 is the most common and highly recommended one.

Since 2008, Exness has gained huge popularity in the Forex streamline for being the most successful trading platform in the world. With over 60,000 active client accounts, this broker platform is versatile and flexible enough to provide excellent trading opportunities.

Introduction about MetaTrader 4

MetaTrader 4 is a famous trading platform developed by MetaQuotes Software for performing successful online trading.

A trader can start trading on various instruments such as CFDs, Forex, or Futures markets through this platform.

In short, it is one such exchange on which you can directly sell and buy the values listed and receive an update on it. Plus, it even guides you about the current market condition, price of different products, and trading flow in various conditions.

Important features of Exness MetaTrader 4

  • Live news streaming
  • Nine timeframes
  • Customisable trading charts
  • Four different pending order types
  • Analysis of the quote dynamics
  • Single thread trading strategy tester
  • Access to the Expert Advisors (EAs)
  • 50+ built-in various technical indicators
  • Ability to overlay the analytical objects
  • User-friendly and highly multilingual interface
  • Interbank liquidity with the fastest process of execution
  • Daily account statement to highlight the profit and loss summary

How to Use MetaTrader 4 (MT4) for Successful Trading In Exness?

To start trading with the MetaTrader 4 platform in Exness, follow the below-mentioned steps carefully:

Step 1:To start using MT4, you have to download the version of Exness MT4. You can download it either on your PC, iPhone, Android, or the Linux system.

Step 2:Once the download has ended, you can do the general installation of Exness MT4.

Step 3:After the installation ends, click the “sign-up for trading services” option to register for the account. In case you don’t have an Exness account, you can sign-up for the free one.

Step 4:Open the software, after which the MT4 system will download the complete information from their server to your PC.

Step 5: Proceed for further processing. The MT4 platform allows the trader to make some money online with their real account. But for that sake, you need to get registered and deposit a certain real cash amount through different methods. Make sure Exness supports the deposit methods.

Step 6:A list of values will appear in front of you. As you are registered on a demo account, you are free to use any value or as many values as you want. Please don’t skip this step because it is almost the same using MT4 on a real trading account in the future.

Step 7:To sell or buy any value, click the option “new order” on the main toolbar. You can set the timer update between 6-14 minutes to receive continuous updates or feedback.

Which advanced trading tools are available in Exness MT4?

The main purpose of trading tools in the MT4 platform is to improve the trading experience of beginners. It even provides the traders with a competitive advantage. Not just the newbie, but even the advanced professionals can benefit from it.

Exness MT4 is available with 20 exclusive trading tools. A few of them are rich trading execution, messaging facilities, notification alarms, management programs, and innovative market data, and so on.

What is multiTerminal in Exness MT4?

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MetaTrader 4 MultiTerminal provides a social initiative with an easy-to-use dashboard to supervise the traders regarding trading accounts. You can easily manage more than 100 accounts at one time to place excellent market orders, view live market prices, or track all trading accounts.

Moreover, MultiTerminal does not support Automated Trading scripts such as Expert Advisors.

Comparison table of Exness MT4 and MT5 account types

Account types Standard Standard Cent Raw Spread Pro Zero
Available platforms MT4 & MT5 MT4 MT4 & MT5 MT4 & MT5 MT4 & MT5
Minimum deposit 1USD 1USD 1,000USD 1,000USD 1,000USD
Maximum leverage Unlimited & 1:2000 with MT5 Unlimited with both Unlimited & 1:2000 with MT5 Unlimited & 1:2000 with MT5 Unlimited & 1:2000 with MT5
Minimum Spread 0.3 pips 0.3 pips 0.0 pips 0.1 pips 0.0 pips
Trading commission None None None None None
Trading size 0.01 to 200 lots 0.01 to 100 lots 0.01 to 200 lots 0.01 to 200 lots 0.01 to 200 lots

What else can you get from the Exness MT4 platform?

Exness MT4 is also available with comprehensive training and educational tools designed for beginners and professional’s global traders. You can straight away sign-up into the personal area for joining the Exness Academy.

Exness offers VPS hosting, YouTube video content, profit or margin calculator, live streaming news, or market history if we talk about some educational tools. Fundamental analysis and technical research are also available.

In addition, the MT4 educational guide covers some major topics related to trading. For example, it explains to the trader various trading ideas from experts and how to trade with minimum lot size.

For beginners, understanding all Exness trading accounts is not an easy task. But the MT4 platform turns out to be the life saviour for all.

As a new trader, do sign-up for the MT4 demo account to learn some basic trading skills to be the master in the future market.

Bottom line

We hope that through this above detailed guide, all the new traders will easily learn how to make great money online through MetaTrader 4. Another best thing about MT4 is that this platform also offers a demo account for practising!

Trading in stocks with an online broker is not an easy job to do. But with the MetaTrader 4 platform, this whole process will be a hassle-free experience for you. So, are you ready to start your trading experience with Exness MT4?

Stay tuned with us for a detailed guide about MT4 platforms of other famous brokers!

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Top broker matches for traders in South Africa

deriv logo square transparent: deriv.com
Deriv
3.8

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
trade nation logo square transparent: tradenation.com
Trade Nation
4.3

/ 5

1370
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage
xm logo square transparent: xm.com
XM
4.3

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Your capital is at risk. Leveraged products may not be suitable for everyone.
exness logo square transparent: exness.com
Exness
4.4

/ 5

1500
matches to this broker

Score out of 2,500: This reflects how many South African traders would likely match with this broker, based on an algorithm that compares the broker’s offering to the typical needs of South African traders.

Your capital is at risk. Leveraged products may not be suitable for everyone.

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Disclaimer:

Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks.

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Importantly, all broker information, comparisons, and educational content presented on TradeFX are created using our own independent methodology. Our assessments are designed to be objective, user-focused, and prepared with the best interests of our users in mind. Partner relationships do not influence our evaluations, rankings, or matching outcomes.

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