What Is Exness MT4

In this MetaTrader 4 Guide, you will learn about The Exness MetaTrader 4 platform and that it is a software application that crypto traders can use to trade online. It was developed by MetaQuotes Software and released in 2005. The Exness MetaTrader 4 is used by millions of traders around the world and is available in 32 different languages. 

The Exness MT4 allows online trading such as forex trading, crypto trading, and CFDs.

The trading software also provides traders with a variety of technical tools and indicators. The platform is available on desktop, web, and mobile devices.

How to Use the Exness MetaTrader 4 Platform

The Exness MetaTrader 4 platform is user-friendly and easy to use. Below is a step-by-step guide on how to use

How to use the Exness MetaTrader 4 Platform 

The Exness MetaTrader 4 platform is very user-friendly and easy to use. After you have logged in, you will see four main sections which are the toolbar, quotes window, chart window, and order window. 

Download and installation: Exness MT4

To use the Exness MetaTrader 4 platform, you will first need to download and install it. The process is very simple and only takes a few minutes.

1. Go to the Exness website and click on the “Download MT4” button.

2. Choose the version of the platform that you want to download (Windows, Mac, or Android).

3. Once the download is complete, run the installer and follow the instructions.

4. Launch the platform and log in with your account credentials.

How to trade on Exness MT4

Once you have logged in, you will see four main sections which are the toolbar, quotes window, chart window, and order window.

check out our guide on How To Open A Trading Account On Exness (2022)

Windows Overview

The toolbar is where you can find all the tools and functions that you need to trade. The quotes window shows all the prices of the assets that you are trading. The chart window is where you can see the price movement of an asset over time. And finally, the order window is where you can place your buy or sell orders. the market watch window is where you can see all the assets that are available for trading.

Placing A Trade

To place a trade, first, you need to choose an asset that you want to trade. You can do this by clicking on the “New Order” button on the toolbar or by right-clicking on an asset in the quotes window. Second, you need to choose whether you want to buy or sell the asset. You can do this by clicking on the “Buy” or “Sell” button on the order window. Third, you need to enter the amount of money that you want to invest in the trade and then click on the “Place” button. 

Your trade will then be executed and you will see your profit or loss in real-time. To close a trade, simply click on the “Close” button on the order window. 

Exness MT4 Features

The Exness MetaTrader 4 platform has a lot of features that make it very user-friendly and powerful. Some of these features include:

User-friendly interface: The Exness MetaTrader 4 platform has a very user-friendly interface that is easy to use.

Real-time quotes: The quotes window shows all the prices of the assets that you are trading in real-time.

Charting tools: The chart window comes with a lot of charting tools that you can use to analyze the price movements of an asset.

One-click trading: You can place your buy or sell orders with just one click.

automated trading: You can automate your trading by using Expert Advisors (EAs).

margin trading: You can trade with leverage by using margin.

Types of trading available:

Forex Trading: You can trade forex on Exness MT4.

CFD Trading: You can trade CFDs on Exness MT4.

Cryptocurrency Trading: You can trade cryptocurrencies on Exness MT4.

Mobile trading: You can trade on the go with the Exness MetaTrader 4 mobile app for Android (Google Play Store) and iOS devices.

24/5 customer support: Exness offers 24/5 customer support in 32 different languages.

Pip Value:

The pip value is the fourth decimal place in most currency pairs. For example, if the EUR/USD exchange rate is 1.1234, then one pip is equal to 0.0001. 

The pip value will also depend on the account type that you choose. For example, if you are using a Standard account and you want to trade $100,000 worth of currency, each pip will be worth $10.

To calculate the pip value for other account types and leverage ratios, you can use the Exness Pip Calculator.

Investing Capital Needed:

There are three account types that you can choose from which are Standard, Cent, and Micro. The account type that you choose will also affect the amount of money that you need to deposit.

When you are ready to start trading forex/crypto, you will need to deposit money into your account. The investment value, or the amount of money that you need to deposit, will depend on the account type that you choose and the leverage that you want to use.

For example, if you are using a 1:100 leverage and you want to trade $100,000 worth of currency, you will need to deposit $1,000 into your account. 

the obligatory minimum deposit is $1 for a Standard account, $10 for a Cent account, and $500 for a Micro account.

General Risk Warning

Because gold is a commodity, it can be highly unstable; the price of gold may rise or fall rapidly. A large number of people want to invest in gold but don’t realize that there are many scams and frauds involved with it. The financial products supplied by the firm entail significant risk and might result in total loss of your funds. You should never put money into something you can’t afford to lose.

In the period between July 1, 2016 and April 30, 2017, this firm earned a profit of $3.9 million on retail investor accounts. An overwhelming majority of retail investor accounts (76.4 percent) lost money during that time frame when trading CFDs with them.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Cryptocurrencies are a highly volatile investment product.

Your capital is at risk. Please remember the financial markets can be volatile and there are enough stories online about investors who lost all their invested capital, please don’t be one of them.

This content is for informational purposes only and does not constitute investment advice

Conclusion: 

Exness broker is a leading forex trading-based platform that offers the Exness MetaTrader 4. It is

a powerful tool that every crypto trader should be using. It is easy to use and very user-friendly.

With its ability to execute trades quickly and efficiently, it is no wonder why it is so popular among traders around the world. You can use the forex trading demo app on the online trading platform Exness. If you are already an advanced trader and wish to start real money trading on a new trade account, you can do so by opening an account and depositing funds.

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