Introduction to MetaTrader 4
MetaTrader 4, often abbreviated as MT4, has established itself as a cornerstone in the field of online trading. Introduced by MetaQuotes Software in 2005, this platform quickly gained the attention of traders worldwide due to its innovative features and reliable performance.
MT4 provides an intuitive environment tailored for both novice and experienced traders. Using a range of powerful trading and analytical tools, it facilitates efficient trading in various markets including forex, commodities, and indices. Its unique ability to support automated trading through expert advisors (EA) sets it apart from many platforms, allowing users to create customized trading strategies.
Several brokers have integrated MT4 into their offerings, and among them, Exness stands out. With Exness MT4, traders can experience a blend of smooth user experience combined with great functionality. This partnership ensures that users not only have access to the MT4 platform but also receive unparalleled support and resources from Exness.
Why Choose Exness MT4 Platform?
When it comes to trading platforms, Exness MT4 emerges as a top choice for both beginners and experts. Here’s why:
- Wide Spectrum of Instruments: Exness MT4 covers over 120 currency pairs, CFDs on metals, energy, indices, stocks, cryptocurrencies, and more.
- Dynamic Execution Types: Opt between Instant Execution and Market Execution, depending on your trading strategy.
- Advanced Order Options: With 6 types of pending orders, you have flexibility in trading actions.
- Detailed Charting Tools: Arm yourself with different types of charts, technical indicators, and analytical objects for nuanced market analysis.
- Automated Trading: Use Expert Advisors (EAs) to automate your trades, ensuring consistent strategy execution.
- Top Security: With 128-bit encryption and SSL protocols, rest assured that your Exness data will remain secure.
- Multi-Device Accessibility: Whether you’re on PC, Mac, or mobile, Exness is available for your convenience. Plus, experience seamless trading with Exness MT4 WebTerminal and MultiTerminal options.
For a more detailed comparison, refer to the table below:
| Characteristic | Description |
| 📄 Instruments | More than 120 currency pairs, CFDs on metals, energy, indices, stocks, cryptocurrencies, etc. |
| 🔄 Types of implementation | Instant Execution and Market Execution |
| ⏳ Pending orders | Buy Stop, Sell Stop, Buy Limit, Sell Limit, Take Profit, Stop Loss |
| ⚖️ Leverage | Up to 1:Unlimited for currency pairs and 1:2000 for other instruments |
| ↔️ Spreading | From 0.3 pips in Standard accounts to 0 pips in selected accounts |
| 💲 Commission | Variable, starting at $3.5 per lot on certain accounts |
| 💰 Minimum deposit | From $1 for Standard Cent accounts to $200 for others |
| 📐 Lot sizes | From 0.01 (micro lot) to Unlimited, depending on the type of account |
| 🛑 Margin call/Stop out | Varies by account type, eg, 60%/0% in Standard Cent |
| 🌍 Trading platforms | MT4 for desktop, web, mobile, and multiterminal |
| 📊 Charting tools | Comprehensive options, including 3 chart types and 30 built-in technical indicators |
| 🤖 Automated trading | Supported by Expert Advisors (EAs) and MQL4 |
| 🔒 Security | Ensures 128-bit encryption and SSL protocol |
By offering a rich feature set and ensuring reliability, Exness stands out as a top choice for merchants worldwide.
Installation Guide for Exness MT4
Enhance your trading experience by downloading and installing Exness MT4, a free and powerful platform available for PC and Mac. Follow the steps below for proper setup.
How to download for PC
- Visit Exness website: Access Exness official website from your PC.
- Hover over ‘Platforms’: Located at the top of the main page.
- Select ‘MetaTrader 4’: From the dropdown menu, click on the ‘MetaTrader 4’ option.
- Click on ‘Download MetaTrader 4’: This will start downloading the exness4setup.exe file for Windows.
- Run the Installer: When the download is complete, locate the file in your downloads folder and double-click to start the installation. Follow the on-screen instructions to complete the installation.
Installation Steps for MAC
- Visit the Exness website: Access the official Exness website from your Mac.
- Hover over ‘Platforms’: Located at the top of the main page.
- Select ‘MetaTrader 4’: From the dropdown menu, click on the ‘MetaTrader 4’ option.
- Click on ‘Download MetaTrader 4’: This will start downloading the exness-mt4.dmg file for Mac.
- Find the downloaded file: Find the exness-mt4.dmg file in your downloads.
- Double-click the .dmg file: This will open a new window.
- Drag and Drop: Move the MT4 application icon to your Applications folder.
- Open MetaTrader 4: Go to your Applications folder, find MT4, and launch it. You can now log in with your Exness credentials and start trading.
Mobile Download: Android and iOS
- Navigate to ‘MetaTrader mobile Apps’ in Exness: From the main page, hover over ‘Platforms’ and select ‘MetaTrader mobile Apps‘.
- Choose your version: Depending on your preference and device, choose either ‘Download MetaTrader 5 Mobile’ for iOS or Android, or choose the Android .apk version.
- Scan QR Code (optional): You can scan the QR code for your respective device to access the download page directly.
- Install the App: Follow the prompts to install the app on your device.
- Launch and Trade: Start the app, log in with your Exness account details, and start trading.
Using the Web Terminal
- Visit the Exness Website: Access the Exness website in your browser.
- Hover over ‘Platforms’: Located at the top of the page.
- Select ‘MetaTrader WebTerminal’: From the dropdown, select ‘MetaTrader WebTerminal’.
- Click on ‘Launch MetaTrader Web’: This will direct you to the web version of the MetaTrader platform.
- Log in and Trade: Use your Exness account details to log in and start trading.
Registration and Login Process
To engage in trading on Exness, it is important to set up an account and sign in to the Exness platform. We’ll walk you through this straightforward process in the following section.
How to Register on Exness MT4
To create an account, simply follow these steps:
- Head to the official Exness website and select the ‘Sign up‘ option located at the top right corner.
- Provide your country/region, email address, and a secure password. It is very important to identify and verify that you are not a US citizen or resident for tax reasons. Once filled, click ‘Continue’.
- A verification code will be sent to your provided email. Enter this code when prompted on the site and press ‘Verify’.
- Well done! Your Exness registration is complete. It gives you access to your Personal Area, which allows you to manage your accounts, deposits, withdrawals, among other functions.
Steps to Login to Your Exness MT4 Account
To effectively use Exness for trading, it is important to know how to link your Exness account to the MT4 platform. Here’s how you can easily do it:
- Launch the MetaTrader 4 Platform: After downloading and installing the platform, open it on your preferred device.
- Search for Exness Server: On the platform, go to ‘File’ and then select ‘Login to Trade Account’. In the pop-up window, type “Exness” in the server field. A list of Exness servers should appear.
- Enter Your Credentials: Provide your Exness account number (or login ID) and the password you set during the registration process on the Exness website.
- Choose the Right Server: If you are using a demo account, make sure you choose the Exness-Demo server. For real accounts, select Exness-Real server.
- Connect and Verify: Click the ‘Login‘ button. Once connected, in the lower right corner, you should see the status of your connection. If it shows ‘No Connection’, recheck your login details. If it indicates ‘Connected,’ you’re good to go.
- Start Trading: With your Exness account now linked to MT4, you can start trading. Your account details, including balance, equity, and margin, will be displayed on the ‘Trade’ tab.
Remember, linking Exness to MetaTrader 4 allows you to enjoy the great features of the MetaTrader platform while trading with the benefits that Exness provides. Always ensure that you are connected to the correct server and that your login details are correct to maintain a smooth trading experience.
Recovering Your Password and Troubleshooting Login Issues
Forgetting your password or facing login issues can be frustrating, especially if you want to access your Exness account right away. However, these challenges can be solved quickly. Like this:
Forgot password:
- Start Recovery: Go to the Exness login page and click on “Forgot Password?” link.
- Provide Email: Enter the email address associated with your Exness account. Click ‘Next’ or ‘Submit’.
- Verify Your Identity: You will receive a password reset email containing a verification code or a direct link to set a new password.
- Reset and Confirm: If prompted for a code, enter it on the website. Then, set a new secure password, making sure it meets the platform’s security standards.
Common Login Issues:
- Server Selection: Make sure you have selected the right type of server (Demo or Real) in MetaTrader 4.
- Connection Status: In MT4, the lower right corner indicates the status of your connection. If it shows ‘No Connection,’ it could be a server issue or incorrect login details.
- Caps Lock: Sometimes, a login issue can be as simple as having the Caps Lock key. Make sure it is turned off when entering your password.
- Account Verification: If your account is not verified, it may prevent you from logging in. Ensure that all required documents have been submitted and approved by Exness.
Other Troubleshooting Tips:
- Update the Platform: Make sure you have the latest version of the MetaTrader 4 platform. Old software can sometimes cause login issues.
- Contact Support: If you’ve tried the steps above and still can’t access your account, it may be time to contact Exness customer support. They can provide real-time help and address any major issues you may not be aware of.
- Reinstall MT4: If the problem persists, consider reinstalling the platform. Sometimes, minor glitches can be fixed with a fresh install.
In any situation, security should be your priority. When resetting your password, choose a strong and unique combination to protect your account from unauthorized access. Always make sure you’re logging in from secure devices and networks. If in doubt, it is best to contact Exness support for tailored assistance.
Practice with Exness MT4 Demo Account
If you are just entering the world of Exness or want to refine your trading strategies without any financial risk, the Exness MT4 demo account is an ideal choice. This simulated account provides a real trading environment, allowing you to work with fictional funds under conditions similar to a live account. It provides full access to the plethora of Exness MetaTrader 4 features, from various trading tools, leverage settings, to expert advisors and indicators. This setup empowers you to analyze your trading efficiency and understand areas of improvement.
Here is a short guide to getting started with the Exness MT4 demo account:
- Access your Exness Personal Area, navigate to ‘My accounts,’ and then opt for ‘Open New Account’.
- Decide the type of account you want (eg, Standard or any of the Professionals) and proceed to ‘Try the Demo.’
- When inputting account details, make sure you select the MT4 trading platform. Set an account password and then click ‘Create Account’.
- An email containing your account credentials and server details will be sent to you. This data is also available from the ‘My Accounts’ section in your Personal Area.
- At this stage, you are free to download the Exness MT4 platform and start your demo trading journey with the provided account details.
The flexibility of the platform allows you to establish multiple demo accounts, which makes it easy to experiment with different configurations and tactics. Switching between demo and real accounts is easy, depending on your preferences. However, it is most important to understand that while the demo account offers valuable insights, it cannot simulate real market changes and the emotional aspects that influence trading choices. While a demo account serves as an instrumental learning platform, its results should not be the sole determinant of your trading acumen. Remember, this is a stepping stone, not a complete reflection of the real-world trading realm.
Advantages of Using Exness MetaTrader 4
MetaTrader 4, when combined with the expertise of Exness, provides a unique trading experience that has attracted attention from traders around the world. Here’s why:
- Expert Advisors (EAs): These automated trading algorithms, commonly known as robots or Forex assistants, work in real-time, reacting to market changes or preset conditions. Exness MT4 offers the added advantage of allowing traders to create their EAs and potentially market them on the MetaTrader Market.
- Comprehensive Indicator Suite: Beyond the standard 30 indicators included in MT4, the platform presents these algorithms, created in the MQL4 language, with a basic function that visually illustrates possible price variations.
- Functionality of Scripts: Unlike the common perception of scripts, in Exness MT4, they are adapted to act at the beginning of a specific event. However, it should be noted that while a script is working, other Forex transactions remain on hold. These scripts are handy for risk assessments, transaction management, and even order placements during off-market hours.
- Resource Libraries: A convenient platform repository, libraries are where traders can archive and quickly access frequently used custom functions and segments.
- Enhanced Security Protocols: Exness trading on MT4 ensures traders that their accounts are fortified. This is made possible by the use of encryption for data transferred between the terminal and platform server and the inclusion of RSA digital signatures.
With tools designed to help predict entry and exit points, along with the ability to analyze price movements on nine distinct timeframes, Exness MT4 empowers traders with the resources needed to navigate the financial market with confidence.
MT4 FAQs
How do you link Exness to MT4?
To link Exness to MetaTrader 4, first make sure you have an active Exness account. Download the Exness MT4 platform from the official website. Once installed, open the software, click ‘File’ and then ‘Login to Trade Account’. Use your Exness credentials to log in. Make sure you select the appropriate server provided by Exness during your account setup.