MetaTrader 4 Main Features
Experience flexible trading on MetaTrader 4 with Exness. Trade CFDs with 6 types of pending orders and 2 execution types: Instant Execution and Market Execution. Enjoy the ability to build and implement your trading strategies, regardless of complexity, and trade your desired financial instruments.
With 30 built-in technical indicators and 23 analytical objects, the terminal has an arsenal of analytical tools, including technical analysis, for you to effectively respond to market movements and price changes, and identify entry and exit points. Other tools also include trailing stop and trading signals on the desktop platform.
Autotrading on the financial markets is possible on the MetaTrader 4 desktop terminals. Thanks to trading robots, Expert Advisors (EAs), you can fully automate trading and analytical operations on the financial markets. You are also able to create your own expert advisor and scripts using MetaQuotes Language 4 (MQL4) or import a new Expert Advisor easily.
Financial and data security is of utmost importance to us. Thus, we place the highest priority in protecting our client data by encrypting all communications between the server and the MT4 platform using 128-bit keys.
About MetaTrader 4
A well-known trading platform among traders of all levels and experience, the MetaTrader 4 could be said to be integral to brokers and traders alike. Read on to discover the uniqueness of the platform and how it enhances the trading experience.
How MetaTrader 4 was developed
Developed by MetaQuotes, a financial trading software development company, MetaTrader 4 was released in 2005 and licensed to brokers and those offering investment or brokerage services. Before the MetaTrader 4 was developed, MetaQuotes had released other financial trading products, starting from FX Charts in 2000 and thereafter, the MetaQuotes platform. Following the third generation of the platform and rising market interest in MetaQuotes’ products, the software development company launched the trading platform MetaTrader 4 with a new architecture and programming language. Since its release, MetaTrader 4 has become a leading and widely popular trading platform, preferred by online foreign exchange traders and brokerage services around the world.
Usage of MetaTrader 4
The many tools of the terminal, including flexible trading systems, algorithmic trading and mobile trading, provide investment opportunities for traders of all skill levels to trade in the financial markets. These integral parts of MetaTrader 4 not only help you to effectively determine entry and exit points and identify market trends, but also enhance your trading experience. Supporting trade execution modes, including Market and Instant Execution, the trading platform MetaTrader 4 also provides charts, expert advisors, trading signals and technical indicators. Signals enable traders to copy the trading orders and trading strategies of other traders. There are also financial news and alerts tools so that traders are updated with the latest trading news and articles.
Automated Trading and MQL
MetaTrader 4 comes with pre-installed Expert Advisors (EAs) and technical indicators that allow automated trading on the financial markets. There are also custom Expert Advisors, trading robots and technical indicators that are developed by other traders, which you can install into the platform.
Additionally, you can create your own scripts, trading robots and technical indicators by using the MetaQuotes Language 4 (MQL4), a programming language.
Mobile Trading and MetaTrader 4
The trading terminal is not just for Windows, macOS and Linux powered desktops. Traders with busy schedules can trade on-the-go with the trading platform’s capability for mobile trading on iOS and Android smartphones and tablets. Equipped with all the integral parts of MetaTrader 4, including trading orders, interactive charts and popular analytical tools, you can monitor your account and perform mobile trading in a single click. The iOS and Android mobile app version also enables you to receive push notifications and chat with other traders.
A Powerful Multi-Asset Platform
MetaTrader 4 desktop trading terminal
- More than 200 trading instruments
- 6 asset classes
- 5 trading account types
- Unlimited leverage
- Low spreads from 0.0
- 6 pending order types (Buy Stop, Sell Stop, Buy Limit, Sell Limit, Take Profit, Stop Loss)
- 9 timeframes and 3 chart types
- Available for Windows, macOS and Linux
- Multilingual platform interface
- Instant execution and market execution
- 50 pre-installed indicators
- Encrypted security
- Trailing stop, technical analysis, and custom Indicators, Expert Advisors (EAs) and Scripts
- Inbuilt help guides
- Monitor up to 128 real accounts and 10 demo accounts
- Available for Windows
- Trade on multiple accounts of the same type
- Trade instruments with same suffixes on different account types
What you can trade on MT4
At Exness, you can enjoy trading CFDs on more than 200 instruments, which include trading forex currency pairs, metals, cryptocurrencies, stocks, indices and energies.
There are more than 100 currency pairs available for CFD trading on MT4 in Exness. We offer major currency pairs, including EURDUSD, GBPUSD and USDJPY, and minor currency pairs. There is also a long list of exotic pairs available for you to trade CFDs on.
On MT4 with Exness, you can trade CFDs on metals in the form of currency pairs, which include XAUUSD, XAUEUR, XAUGBP and XAUAUD for gold and XAGUSD, XAGEUR, XAGGBP and XAGAUD for silver. You can also trade on platinum (XPT) and palladium (XPD) in currency pairs.
You can trade in the most popular cryptocurrencies in currency pairs on MetaTrader 4. These include CFDs on Bitcoin, Ethereum, Litecoin and Bitcoin Cash, with Bitcoin available in BTCUSD, BTCKRW, BTCJPY and more.
Stocks, Indices & Energies
Presently, traders on MT4 can perform CFD trading on more than 80 stocks, which are listed on our website, and 10 indices, including US30, DE30, HK50, UK100, and AUS200. As for energies, we offer CFDs on UKOIL and USOIL.
How to open an MT4 account with Exness
Before you can start trading, first open a Standard or Professional MT4 account with Exness. Upon successful account registration, you will be able to find your MT4 account details listed in your Personal Area.
How to login to MT4 account
For Windows, macOS, and Linux:
- Run the trading terminal on your PC
- On the terminal, click on ‘File’ and then select ‘Login to Trade Account’
- Next, enter your account number as your Login, your account trading password and the server your account was registered on
- Once you have successfully logged in, you will hear a chime confirming your login
Frequently asked questions
Find answers to the most frequently asked questions about using MetaTrader 4.
How do I login to MetaTrader 4?
For the MetaTrader 4 Windows desktop terminal, you will need to login to your trading account. To login:
Click on ‘File’ and then ‘Login to Trade Account’
Enter the Login, Password and Server (the MT4 login and server details can be found at your MT4 trading account in the Personal Area while your password is the same as the one you set for your trading account)
Once you have successfully logged in, you will hear a chime confirming your login and you can start opening trades.
For guidelines on how to use and log into other MT4 platforms on Exness, visit our Help Center.
How do I start trading with MetaTrader 4?
Once you have created or login to your MT4 trading account, you can place a new order for CFD. For the MetaTrader 4 desktop terminal:
Open a new order by either clicking on ‘New Order’ in the toolbar or double-clicking on your desired forex currency pair in the ‘Market Watch’ window
After selecting the symbol, set your volume, stop loss and take profit
Then select either ‘Market Execution’ or ‘Pending Order’
Next, click on ‘Sell by Market’ or ‘Buy by Market’ to open the trade.
You can close the order by double-clicking your order and clicking the ‘Close by Market’ button or by right-clicking your order and choosing ‘Close Order’.
Other MT4 platforms may have slightly different ways to open trades, which you can view in our Help Center.
Is MetaTrader 4 safe?
Developed by MetaQuotes, MetaTrader 4 is not just popular for its tools and features, but also for its safety. The MT4 platform securely encrypts all transmitted data between traders and the platform servers, making sure that your trading accounts, funds and data are protected.
Does MetaTrader 4 cost money?
MetaTrader 4 is free of charge. Exness does not charge any fee for downloading or using any of the various options of the MT4 platform. However, the Internet connection to use the trading terminal and other related fees are the trader’s responsibility.