- What is MetaTrader 4?
- How to Download and Install MT4 for Windows and Mac
- How to Download and Install MT4 for Android and iOS
- Using the MT4 Web Terminal
- Connecting an Exness Account to MetaTrader 4
- Setting Up the Exness MT4 Trading Terminal
- Trading on MetaTrader 4
- Trading Instruments on Exness MT4
- Benefits of Trading with Exness MT4
- Frequently Asked Questions (FAQs)
What is MetaTrader 4?
MetaTrader 4, often called MT4, is a platform developed by MetaQuotes that provides essential tools for market analysis, automated trading, and order management. With Exness MT4, users gain access to real-time price tracking, customizable charts, technical indicators, and the flexibility to trade on desktop, mobile, or directly via web browser.
Key Features of MetaTrader 4
| Feature | Details |
| Automated Trading (EAs) | Users can set automated trading strategies using Expert Advisors (EAs) |
| Advanced Charting | Customizable charts with technical indicators for in-depth analysis |
| Multi-Device Access | Available on desktop, iOS, Android, and web, providing flexibility across devices |
| Order Types | Various order types for versatile trading, including market orders, stop orders, and limits |
| User-Friendly Interface | A clean, easy-to-navigate interface with efficient trade execution and monitoring tools |
How to Download and Install MT4 for Windows and Mac
Setting up MT4 on your computer is straightforward. Below are detailed steps for both Windows and Mac installations.
Download and Install MT4 for Windows
- Visit the Exness Website: Go to Exness Web and navigate to the MT4 download section.
- Download Setup File: Select “Download MT4 for Windows” to save the installation file on your computer.
- Install MT4: Open the downloaded file (exness4setup.exe) and follow the instructions to complete installation.
- Login and Start Trading: Once installed, launch MT4 and log in using your Exness account credentials.
Download and Install MT4 for Mac
- Access Exness Website: Head to the Exness platform page to download MT4 for Mac.
- Download the File: Download the exness-mt4.dmg file and open it.
- Move to Applications: Drag the MT4 icon to your Applications folder as directed.
- Log In: Open MT4 from your Applications, enter your Exness login details, and start trading.
How to Download and Install MT4 for Android and iOS
If you prefer trading on mobile, MT4 is available for both Android and iOS.
Download and Install MT4 for Android
- Open Google Play Store: Search for “MetaTrader 4” by MetaQuotes Software Corp.
- Download the App: Install the official MT4 app on your Android device.
- Log In to Your Account: After opening the app, select “Log in to an existing account,” search for Exness, and enter your account credentials.
Download and Install MT4 for iOS
- Go to the App Store: Search for “MetaTrader 4” by MetaQuotes.
- Install MT4: Download and install the app on your iOS device.
- Log In: Open MT4, select “Log in to an existing account,” find Exness in the broker search, and enter your credentials.
Using the MT4 Web Terminal
For those who prefer not to install software, MT4 also offers a Web Terminal, accessible directly through your browser. To access it:
- Log in on the Exness Website: Go to your account area and select the MT4 Web Terminal.
- Start Trading: The web version provides the same charts, indicators, and order capabilities as the desktop app, with the convenience of trading from any device with a browser.
Connecting an Exness Account to MetaTrader 4
Connecting your Exness account to MT4 is easy and ensures you’re set up to trade:
- Open MT4: Launch the MT4 platform on your device.
- Select “Login to Trade Account”: On desktop, go to “File” > “Login to Trade Account,” or on mobile, choose “Log in to an existing account.”
- Enter Account Information: Input your Exness account number, password, and select the correct server.
- Connect: Once logged in, your account will be ready for trading, with all instruments and balances accessible.
Setting Up the Exness MT4 Trading Terminal
The MT4 interface may appear complex at first, but understanding the key sections will make it easier to navigate:
- Market Watch: Real-time quotes for all assets available on Exness. You can open charts and place trades directly from here.
- Charting Area: The main section for analyzing price movements with customizable indicators and drawing tools.
- Navigator: Quickly switch accounts, manage Expert Advisors (EAs), and access custom indicators.
- Terminal Window: Displays open trades, account balance, trading history, and other details essential for monitoring and managing your trades.
Trading on MetaTrader 4
Once set up, trading on MT4 is straightforward. Here are the steps for placing trades and tracking performance:
Opening and Managing Trades
- Choose an Asset: From the Market Watch list, select the asset you wish to trade.
- Open Order Window: Right-click on the asset and select “New Order.”
- Set Trade Parameters: Choose the order type, trade volume, and optional stop-loss or take-profit levels.
- Execute Trade: Click “Buy” or “Sell” to complete the order.
Analyzing and Improving Trade Performance
Tracking your trade performance and using tools for analysis can help you refine your strategy:
- Performance Reports: Access a detailed trading history from the “Account History” tab to evaluate your past trades.
- Indicators and Tools: MT4 supports indicators like Moving Averages, RSI, and MACD to help identify trends and optimize entries and exits.
- Backtesting with EAs: Use historical data to test strategies and make informed adjustments without risking live funds.
Trading Instruments on Exness MT4
Exness MT4 provides access to a wide variety of trading instruments, making it easy to diversify and explore different markets. Here’s a breakdown of the types of instruments available:
| Instrument | Description |
| Forex | Trade over 120 currency pairs, including major, minor, and exotic pairs |
| Cryptocurrencies | Access popular digital currencies such as Bitcoin (BTC) and Ethereum (ETH) |
| Commodities | Includes options like gold, silver, and crude oil |
| Indices | Trade major global indices like the S&P 500, NASDAQ, and FTSE 100 |
Note: Each instrument type offers unique trading opportunities. For example, forex markets are available 24/5, while cryptocurrencies trade 24/7.
Benefits of Trading with Exness MT4
Choosing Exness MT4 comes with advantages that benefit both new and experienced traders. Here’s what you can expect:
- Low Spreads: Exness offers competitive spreads, especially on popular currency pairs like EUR/USD.
- Fast Execution: MT4’s fast order execution helps you capture the price you want, which is essential for strategies like scalping.
- Flexible Charting and Analysis Tools: The platform provides customizable charts and a variety of indicators to support technical analysis.
- Automated Trading (EAs): You can set up and use EAs to automate trades, minimizing emotional trading and saving time.
- Multi-Device Access: MT4 can be accessed via desktop, mobile, or web, so you’re never out of reach from the markets.