Advanced tools, free trading resources, numerous payment methods, low trading costs, security – ask any trader, novice or experienced, and they'll tell you that these features rank high on their list when choosing a trading platform.

But dig a little deeper, ask the seasoned traders, and they'll tell you there's another critical aspect – convenience! And by comfort, we mean the flexibility to trade from your preferred device or platform anytime, anywhere in the world. Just imagine being able to grab opportunities as they come, no matter where you are or what device you're using.

Now, imagine a broker that brings together all these great features plus the added bonus of choice. Not just one, two, or three platforms, but six different trading platforms for you to choose from. This isn't a figment of your imagination but reality, brought to you by Exness.

In this comprehensive guide, we'll zero in on two of the most popular platforms offered by Exness, the iconic MetaTrader 4 (MT4) and its more modern successor, MetaTrader 5 (MT5). We'll look into their features, explore the unique benefits each brings to the trading table, and examine how they sync with Exness to give you an unrivaled trading experience.

What is Exness?

Exness is a global leader in the online trading arena. Born out of a shared vision by a group of like-minded professionals in 2008, Exness has consistently pushed boundaries and delivered reliable, transparent, and tailor-made trading solutions to traders worldwide.

One way they've accomplished this is by adopting and optimizing different trading platforms. Two platforms stand out: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Many traders have found that using MT4 and MT5 on Exness provides an enhanced trading experience that takes a lot of work to beat.

And it’s not just about the platforms; with Exness, your security is always a priority. About eight institutions regulate Exness, ensuring that your trading activities are secure and that Exness complies with all relevant laws and standards. With these stringent measures in place, it's no wonder the broker's popularity among traders continues to rise like a well-performing stock.

Numbers don't lie, and the 2023 Exness Forex broker statistics paint a pretty impressive picture. The report shows that the number of active traders is nearing the half-million mark, and it doesn't stop there. The trading volume recorded reached a staggering $3.88 trillion! These figures not only attest to the growing trust and preference of traders in Exness but also underline the efficiency and robustness of their platforms, especially MT4 and MT5. Why don't we take a closer look at these two platforms?

Using MT4 on Exness

MetaTrader 4, fondly known as MT4, has long been a staple in online trading. Developed by MetaQuotes Software, MT4 is lauded for its simplicity, robust features, and flexibility.

On MT4, you can trade various financial instruments, not just Forex. Think along the lines of commodities, indices, and CFDs. The platform boasts a user-friendly interface that, although packed with advanced features, doesn't overwhelm even the most novice traders.

One feature that traders love about MT4 is the ability to automate trading with Expert Advisors (EAs). EAs can automatically generate trading signals and execute trades based on predefined parameters. So, if you value efficiency and like trading on autopilot, the MT4 is an absolute must-have.

MT4 also comes loaded with fully customizable charting tools. You get nine-time frames, multiple chart setups, and over 30 in-built technical indicators to assist you in making informed trading decisions. Plus, you can add custom indicators to fine-tune your trading strategy.

When trading on Exness using MT4, you get the advantage of Exness's fast order execution and competitive spreads. MT4's robust functionality and Exness' optimal trading conditions make for a dynamic trading duo.

Using MT5 on Exness

MetaTrader 5, or MT5 for short, is the more advanced sibling of MT4. Designed by the same team at MetaQuotes Software, MT5 carries forward the legacy of MT4 with several additional features and improvements designed to provide a more comprehensive trading experience.

MT5 allows you to trade a more comprehensive array of financial instruments. In addition to Forex, commodities, indices, and CFDs, MT5 also supports trading stocks and futures. This makes it a platform of choice for traders looking for expanded trading opportunities.

One standout feature of MT5 is its sophisticated charting capabilities. You get 21 timeframes (compared to MT4's nine), over 80 technical indicators, and unlimited charts. The platform also offers a built-in economic calendar that can keep you updated on all the significant financial events that could impact your trading.

MT5 also supports automated trading using Expert Advisors. However, with the MQL5 language, these EAs are more efficient and offer a more comprehensive range of options. In addition, MT5 features an integrated marketplace where you can buy, rent, or even sell your own custom-built EAs and technical indicators.

The Depth of Market feature is another addition in MT5 that traders appreciate. It provides real-time information about prices and volumes of tradable commodities, giving you a clear snapshot of market conditions.

When you trade on Exness using MT5, you enjoy all its features and more. The fast order execution and competitive spreads that Exness is known for, combined with the advanced functionality of MT5, can help take your trading to the next level.

But remember, while MT5 is available on all Exness accounts, the Standard Cent account is an exception. So, if you're planning to opt for that account type, you'll have to stick with MT4 or choose from the other platforms Exness offers.

How to Get Started with MT4 and MT5 on Exness

First things first, you need to sign up for an Exness account. Visit the Exness website and click ‘Create an Account' to start the process. You'll be asked to fill in basic details such as your country, email address, and password. Once you've filled in these details, check your email for a confirmation link and click on it to confirm your account.

You can start by opening an Exness demo account if you’re new to trading or just want to familiarize yourself with the Exness platforms before diving in with real money. You'll have access to virtual funds that you can use to practice trading and gain confidence.

If you're already comfortable with trading and want to jump right into the action, you can proceed to complete the application process for a real account. As part of this process, you must select the type of trading account you want. Exness offers five account types: Standard accounts (Standard Account and Standard Cent) and Professional accounts (Raw Spread, Zero Spread, and Pro).

Below the account selection, you'll find the option to choose your trading platform. You can choose between MT4 and MT5.

Conclusion

Choosing the right trading platform is crucial in shaping your trading journey, and Exness understands this. With their adoption of MT4 and MT5 platforms, Exness strives to offer a trading environment that aligns with your trading style, needs, and preferences. Whether you're a beginner looking for simplicity and ease of use or a professional seeking advanced functionality and a broader range of trading options, these platforms have covered you.