What is MetaTrader 4 and Why It’s Still Relevant
MetaTrader 4, often referred to as MT4, is a popular trading platform developed by MetaQuotes Software. Since its launch in 2005, MT4 has become a standard in online trading, particularly for forex and CFD instruments. It offers a straightforward interface, customizable charts, automated trading through Expert Advisors (EAs), and comprehensive technical analysis tools.
Although MetaTrader 5 (MT5) was introduced later with additional features and asset classes, many traders still prefer MT4 due to its simplicity, lower system requirements, and massive community support. This makes it especially relevant for users in regions like the Philippines, where stable internet and device compatibility are important considerations.
Exness MT4: Key Features
Using MT4 with this broker gives access to a wide range of trading instruments, including forex, cryptocurrencies, indices, metals, and more. The platform supports both demo and real accounts, allowing new users to practice before investing real funds. Below are the main features of Exness MT4:
- Real-time quotes and instant execution
- Advanced technical analysis tools (30+ indicators)
- Support for automated trading via Expert Advisors
- Available in multiple languages, including English and Filipino
- Secure and encrypted connection for all transactions
How to Download Exness MT4
To get started with the platform, follow these simple steps:
- Visit the official broker’s website.
- Click on the “Platforms” section and select “MetaTrader 4”.
- Choose your preferred version: Windows, Mac, Android, or iOS.
- Click on “Download” and follow the installation instructions.
- Use your Exness Login credentials to access your account.
Once installed, you can begin trading or testing strategies using a demo account.
Desktop vs Mobile: Exness MT4 Comparison
Both desktop and mobile versions of MT4 offer access to the same markets, but there are some differences in functionality. Here's a quick comparison:
| Feature | MT4 Desktop | MT4 Mobile |
|---|---|---|
| Charting Tools | Advanced with multiple screen support | Basic with limited customization |
| Indicators | 30+ technical indicators | 20+ indicators |
| Automated Trading | Supports Expert Advisors (EAs) | Not supported |
| Order Management | Full set of order types | Basic order execution |
| Accessibility | Windows and Mac | Android and iOS |
Exness MT4 vs Exness MT5: Which One to Choose?
While MT4 is known for its simplicity and reliability, MT5 offers extended features like more timeframes and order types. Here’s a brief comparison to help you decide:
| Feature | MT4 | MT5 |
|---|---|---|
| Release Year | 2005 | 2010 |
| Order Types | 4 types | 6 types |
| Timeframes | 9 | 21 |
| Economic Calendar | No | Yes |
| Supported Assets | Forex, CFDs | Forex, CFDs, Stocks, Futures |
If your strategy relies on automated trading and simplicity, MT4 is a strong choice. For those who need access to more instruments or advanced analysis tools, Exness MT5 may be more suitable.
Why Filipino Traders Prefer Exness MT4
Many traders in the Philippines choose MT4 for its compatibility with low-spec devices and stable operation on slower internet connections. The platform supports local payment methods, and the interface is available in Tagalog and English, which improves user experience.
Additionally, the platform supports Exness App and Exness Apk versions for Android and iOS, making it easier to monitor trades on the go. With fast execution speeds and access to major financial markets, MT4 remains a practical option for Filipino traders.
Tips for Using Exness MT4 Effectively
- Regularly update the platform to ensure stable performance
- Use demo accounts to test new strategies before going live
- Backtest EAs before using them in a real account
- Keep an eye on margin levels to avoid stop-outs
For mobile users, ensure you have a stable internet connection and enable push notifications to stay updated on market movements.
Security and Account Management
Accessing your account through the Exness Login page ensures encrypted and secure handling of your credentials. Always enable two-factor authentication for extra protection. The platform also supports internal fund transfers between accounts, which adds flexibility for managing your capital.
When you select Exness Download from the official site, ensure that you're installing the correct version for your device to avoid performance issues.
Whether you're just starting out or switching from another broker, the combination of MT4’s functionality and the broker’s infrastructure creates an efficient environment for trading.
To begin, simply register, log in, and download the platform that suits your device.
Ready to Start Trading?
Exness MT4 is a stable and practical choice for traders in the Philippines. It combines essential trading tools with a user-friendly interface, helping users focus on strategy rather than software complexity. Download the platform, log in, and explore the markets with confidence.