Are you looking for a reputable, effective and easy-to-use trading platform? Do you want to experience the outstanding features of the world’s leading trading platform? Do you want to know how to download, install and use Exness MT4 simply and quickly? Let’s learn about the MT4 platform with EX Trading in the following article!
Learn about Exness MT4
What is MT4 Exness?
MT4 Exness is a version of the MetaTrader 4 trading platform customized and provided by the Exness broker. MetaTrader 4 is the most popular forex trading platform today. This is the platform used by millions of investors and brokers. MetaTrader 4 Exness allows you to trade financial products such as forex, precious metals, cryptocurrencies, indices, commodities and stocks.
Why use MetaTrader 4 Exness?
There are many reasons for you to choose to use MetaTrader 4 Exness, here are some outstanding advantages of this platform:
Ease of use
MT4 Exness has a user-friendly interface, allowing you to perform trading operations simply and conveniently. You can open, edit, close or cancel trading orders with just a few mouse clicks. Additionally, you can monitor your trading history, account balance, price charts, market news and notifications from Exness.
Intuitive MT4 interface
Exness MT4 has an intuitive interface, allowing you to customize the components to your liking. You can change the color, size, style of price charts, technical indicators, analysis tools and controls. You can also rearrange windows, tabs and toolbars to suit your trading style.
Supports advanced analysis and research tools
MetaTrader 4 Exness supports you in market analysis and research with advanced tools such as:
- Technical indicators: MT4 Exness has more than 30 built-in technical indicators, helping you evaluate the market trend, momentum, amplitude, and overbought/oversold level.
- Fundamental analysis tools: MT4 Exness provides you with market news, economic calendars, financial reports, and important events that affect the prices of financial products.
- Technical analysis tools: MT4 Exness has technical analysis tools such as Trendlines, Fibonacci, Gann, Andrew’s Pitchfork, and many more.
Modern EA trading robot
MT4 Exness allows you to use EA (Expert Advisor) trading robots to automate the trading process. EA is a computer program written in the MQL4 programming language that can analyze the market, give trading signals, and execute trading orders according to an established strategy. For example, signals for gold trading on Exness offer profit opportunities.
Which platforms can Exness MT4 be used on?
MT4 Exness can be used on different platforms, including:
- PC: You can download and install MetaTrader 4 Exness for PC devices running the Windows operating system.
- Mobile: You can download and install MetaTrader 4 Exness for mobile devices running Android or iOS operating systems.
Simple steps to download MT4 Exness
Download MT4 Exness for PC devices
To download MT4 Exness for PC devices, you can follow these steps:
Step 1: Visit the official Exness website and log in to your account.
Step 2: Select “Downloads” in the upper right corner of the website and select “MetaTrader 4”.
Step 3: Click “Download” and wait for the download to complete.
Step 4: After downloading, you will see a file named “exness4setup.exe”. You use the file to install.
Step 5: After the installation process is complete, you will see a notification window. The installation process is complete when you click “finish”.
Step 6: You will see the MT4 Exness icon appear on the desktop or in the installation folder. You click on this icon to launch MT4 Exness and start trading.
Download MT4 for mobile devices
To download Exness MT4 for mobile, you can follow these steps:
Download MT4 Exness for Android operating system
Step 1: Visit the official Exness website and log in to your account.
Step 2: Select “Downloads” in the upper right corner of the website and select “MetaTrader 4”.
Step 3: Click the “Download” button for Android and wait for the download to complete.
Step 4: After downloading, you will see a file named “exness4.apk”. Click on this file to start the installation process.
Step 5: After the installation process is complete, you will see a notification window. Click the “Open” button to launch MT4 Exness and start trading.
Download MT4 Exness for iOS operating system
Step 1: Visit the official Exness website and log in to your account.
Step 2: Select “Downloads” in the upper right corner of the website and select “MetaTrader 4”.
Step 3: Click the “Download” button for iOS, and you will be redirected to the App Store.
Step 4: Once the download is complete, you will see the MT4 Exness icon appear on the screen of your device. You click on this icon to launch MT4 Exness and start trading.
See more: Open Exness Account: Latest guide for new traders
Outstanding advantages of the Exness MT4 platform
Once you have downloaded and installed MT4 Exness, you will experience the outstanding advantages of this platform, including:
Fast order matching and transaction speed
MT4 Exness has fast order matching and trading speed, within just a few seconds. You will not have to worry about being late or losing trading opportunities due to system delays. You will also benefit from Exness’s best trading conditions, such as low spreads, high leverage, no hidden fees and no requotes.
Diverse indicators and analysis tools
MT4 Exness has a variety of indicators and analytical tools, helping you evaluate the market and make accurate trading decisions. You can use technical indicators, fundamental analysis tools, technical analysis tools, and EA trading robots. And many other tools to assist you in market analysis and research.
Supports copying Exness transactions
Copytrade is a feature that allows you to copy other investors’ trading orders automatically. You can choose investors with high performance, suitable strategies, and attractive portfolios to copy their trades. You can also adjust copy trading settings as desired. Such as copy amount, copy ratio, maximum number of open orders, and stop loss conditions.
Use MQL5 language
Exness MT4 uses the MQL5 programming language, a powerful and flexible language. Allows you to create customized indicators, EA trading robots, and other trading applications. You can use MQL5 to write custom programming codes or use existing codes from the MQL5 library or MetaTrader market. You can also join the MQL5 community to learn, exchange, and share experiences with other programmers.
Price fluctuation alert
MT4 Exness has a price volatility alert feature, helping you monitor important market price movements. You can set up alerts for the financial products you are interested in, and when the price of that product reaches the level you set, you will receive a notification via email or SMS.
You can use this feature so that you don’t miss out on potential trading opportunities or so that you continue to set stop loss, take profit, and move stop loss conditions. You can use this feature to protect your account from unwanted risks.
What is the difference between MT4 and MT5 Exness?
Exness MT4 and MT5 Exness are two versions of the MetaTrader trading platform customized and provided by Exness. MetaTrader is the most popular trading platform in the world, used by millions of investors.
What is common between MT4 and MT5 Exness?
- User-friendly, intuitive, and flexible interface.
- Order matching and trading speed is fast, without re-quotes.
- Diverse technical indicators, fundamental and technical analysis tools.
- Support EA (Expert Advisor) trading robot to automate the trading process.
- Support copying Exness transactions, copying trading orders of other investors.
- Supports price fluctuation alerts, tracking important market price fluctuations.
- Use on different platforms, like PC, web, and mobile.
Comparison table between Exness MetaTrader 4 and MetaTrader 5 Exness platforms
Exness MT4 and MT5 Exness also have some differences. For a more detailed comparison between the Exness MetaTrader 4 and Exness MetaTrader 5 platforms, you can see the following comparison table:
| Criteria | Exness MT4 | Exness MT5 |
| Number of financial products | 55 | 99 |
| Number of technical indicators | 30 | 38 |
| Number of time frames | 9 | 21 |
| Number of order types | 2 | 4 |
| Fill or Kill (FOK) and Immediate or Cancel (IOC) features | Do not have | Have |
Depending on your needs and trading goals, you can choose which platform is suitable for you:
- If you want to trade more financial products, use more technical indicators, use more timeframes, and use more order types. You can choose Exness MT5.
- If you want to trade fewer financial products, use fewer technical indicators, use fewer timeframes, and use fewer order types. You can choose Exness MT4.
How to trade on Exness MT4
Open an Exness MetaTrader 4 account
To trade on Exness MT4, you need an Exness account. You can open a free account on the Exness website or on the mobile app. You only need to fill in some basic information such as full name, email, phone number, and password. You will then receive a confirmation email from Exness to activate your account. Sometimes Exness also has many Exness bonus programs for users to open trading accounts.
Verify MT4 account
After activating your account. You need to verify your account so you can deposit and withdraw money safely and quickly. You can verify your account by uploading copies of your identification documents. Includes CCCD, passport, or driver’s license. You also need to verify your address. By uploading copies of utility bills, bank statements, or other documents containing your address. Verification can take from a few minutes to several business days. Depends on the type of documents.
Proceed to deposit money into the Exness account
After verifying your account. You can deposit money into your account to start trading. Exness uses a variety of payment methods. You can choose the payment method that suits you and enter the amount you want to deposit. The minimum amount to deposit into the account is 1 USD or equivalent. Most payment methods have no fees and have quick processing times.
Start trading Exness MT4
After logging in to the MT4 platform with your account and password. You will see a list of financial instruments that you can trade. However, you can choose the financial instrument that interests you. Then open the chart to view prices and technical indicators. You execute trading orders, either by right-clicking on the chart or using the trading console.
You can choose between two types of order execution: Instant order execution and Market order execution. You can also place different types of pending orders. Including Pending Limit Order, Pending Stop Order, Pending Buy Limit Order, Pending Stop Buy Order, Pending Limit Order Sell and Pending Stop Sell Order.
You can monitor your trading positions on the Terminal window. Then adjust parameters such as Take Profit, Take Loss, or Move Stop Loss. You can also use trading robots (EAs) to automate trading operations.
Detailed instructions for using MT4 for beginners
If you are new to trading on Exness MT4. You may need to know how to use the platform’s components in detail. In this part. We will show you in detail how to use two important components in many other MT4 tools. These are toolbars and navigation bars.
Toolbars section
Toolbars are where you can access controls, menus, indicators, and other tools to perform trading operations. The toolbar includes the following bars:
Title bar
Title Bar: You can see the name of the platform, its version, your account number, and account type. You can use window control buttons such as minimize, maximize, and close here.
Menu bar
Menu Bar: You can access the main menus of the platform, such as File, View, Insert, Charts, Tools, Window, and Help. You can use these menus to perform various functions. Includes opening a new account, choosing a language, inserting indicators, changing chart style, opening the MQL4/MQL5 editor, arranging windows, and viewing help.
Standard bar
Standard Toolbar: You can access the platform’s most common controls. Including opening a new account, and opening a new trading order. Choose timeframe, choose chart style, apply zoom in/zoom out, and many more buttons.
Bar chart
Charts Toolbar: Access controls related to the price chart. Includes choosing chart type (Japanese candlestick, bar, or line), and choosing chart color. At the same time, it is possible to insert trend lines and other technical analysis tools.
Line bar
Line Studies Toolbar: You can access controls related to technical analysis tools. Such as Fibonacci, Gann, Andrew’s Pitchfork, and many other tools. You can use these tools to draw patterns, support, and resistance.
Indicator bar
Indicators Toolbar: Access control buttons related to technical indicators. Such as Moving Average, Bollinger Bands, MACD and many other indicators. You can use these indicators to evaluate the market’s trend, momentum, amplitude and overbought/oversold level.
You can customize the toolbar as you like by right-clicking on the toolbar and selecting “Customize”. You can add or remove controls from the available list or from other toolbars.
Navigator section
The Navigator is where you can manage your accounts, EAs, indicators and other files. The navigation bar includes the following sections:
- Accounts: Where you can view a list of trading accounts. Includes real account and demo account. You can log in, log out, open a new account, delete an account. Or switch between accounts by right-clicking on the account name and selecting the corresponding options.
- EA (Expert Advisors): Where you can see a list of EA trading robots. Includes built-in EAs and custom EAs.
- Indicators: Where you can view a list of technical indicators. Includes built-in indicators and customizable indicators.
- Files: Where you can view a list of files related to the MT4 Exness platform. Such as MQL4/MQL5 programming codes, historical data, installation records and other files.
- You can expand. Or collapse the navigation bar by clicking the “+” or “-” button at the top of each section.
See more: Exness: Evaluate Reputation, Should You Trade On Exness?
Summary:
Thus, the article on EX Trading has introduced to you the Exness MT4 trading platform in detail. Hopefully this can help you understand this platform clearly, how to download, log in, and effective trading tools. At the same time, it helps you get the most optimal investment options.
FAQs:
How to log in to MT4?
To log in to MT4 you need to start MT4 Exness and select “Login to Trade Account”. Then enter your account, password and server to log in.
Can I open an MT4 Exness Demo account?
Yes, you can open an MT4 Exness Demo account to test the platform. And your trading strategy without having to use real money.
Can Exness MT4 use EA trading robots?
MT4 Exness allows you to use EA (Expert Advisor) trading robots to automate the trading process. EAs can analyze the market, give trading signals and execute trading orders according to established strategies.
