Exness MT4 – MetaTrader 4
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.
Table of contents
- Introduction about MetaTrader 4
- Important features of Exness MetaTrader 4
- How to Use MetaTrader 4 (MT4) for Successful Trading In Exness?
- Which advanced trading tools are available in Exness MT4?
- What is multiTerminal in Exness MT4?
- Comparison table of Exness MT4 and MT5 account types
- What else can you get from the Exness MT4 platform?
- Bottom line
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!
Heinrich is a forex and CFD enthusiast with a passion for writing good informative quality content. He strives to showcase the best forex brokers in Africa. Join him on his Journey!
Content Writer | Market Analyst
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