Introduction to MetaTrader 4

Introduction to MetaTrader 4

MetaTrader 4, commonly known as MT4, is a cornerstone in online trading. Launched by MetaQuotes Software in 2005, it gained popularity among Vietnamese traders for its innovative features and reliable performance. MT4 offers a trading environment suitable for both beginners and experts, equipped with advanced trading and analytical tools for markets like Forex, Commodities, and Indices. Its support for automated trading via Expert Advisors (EAs) allows users to create tailored trading strategies. To start, download Exness MT4 from the official Exness website and begin your trading journey.

Exness stands out among brokers offering MT4 in Vietnam, providing a seamless user experience and robust functionality. With Exness MT4, traders benefit from exceptional support, local Vietnamese language assistance, and access to a wide range of resources.

Why choose Exness MT4 platform?

Exness MT4 is a top choice for Vietnamese traders, from beginners to professionals. Here’s why:

  • Wide Range of Instruments: Access over 120 currency pairs, CFDs on metals, energies, indices, stocks, cryptocurrencies, and more.
  • Dynamic Execution Types: Choose between instant execution and market execution based on your trading strategy.
  • Advanced Order Options: Utilize 6 types of pending orders for flexible trading operations.
  • Comprehensive Charting Tools: Leverage various chart types, technical indicators, and analytical objects for in-depth market analysis.
  • Automated Trading: Implement Expert Advisors (EAs) to automate trades, ensuring consistent strategy execution.
  • Robust Security: Trade confidently with 128-bit encryption and SSL protocol to protect your data.
  • Multi-Device Accessibility: Available on PC, Mac, mobile devices, and through Exness MT4 WebTerminal and MultiTerminal for seamless trading.
  • Local Support and Payment Methods: Enjoy Vietnamese language support (Tiếng Việt) and local payment options like bank transfers (chuyển khoản ngân hàng), e-wallets (MoMo, ZaloPay, ViettelPay), domestic bank cards, and international wire transfers.
Why choose Exness MT4 platform?

For a detailed overview, see the table below:

SpecialityDescription
📄 EquipmentCFDs on over 120 currency pairs, metals, energies, indices, stocks, cryptocurrencies, and more.
🔄 Execution typeInstant Execution and Market Execution
⏳ Pending ordersBuy Stop, Sell Stop, Buy Limit, Sell Limit, Take Profit, Stop Loss
⚖️ Leverage1:Unlimited for currency pairs and 1:2000 for other instruments
↔️ SpreadStarts at 0.3 pips, as low as 0 pips on some accounts
💲CommissionStarts from ₫88,200 ($3.5) per lot on some accounts
💰 Minimum depositFrom ₫240,000 ($10) for standard cent accounts to ₫600,000 ($25) for others
📐 Lot sizeFrom 0.01 (micro lots) to unlimited, depending on account type
🛑 Margin Call/Stop OutVaries by account type, e.g., 60%/0% on Standard Cent
🌍 Trading platformMT4 for Desktop, Web, Mobile, and MultiTerminal
📊 Charting tools3 chart types and 30 built-in technical indicators
🤖 Automated tradingSupported through Expert Advisors (EAs) and MQL4
🔒 SecurityEnsured with 128-bit encryption and SSL protocol

With a rich set of assets and reliable performance, Exness is a leading choice for over 150,000 active Vietnamese traders in cities like Ho Chi Minh City, Hanoi, and Da Nang.

System Requirements for Exness MetaTrader 4 (MT4)

To ensure smooth trading, meet the platform’s system requirements across devices. Below are the minimum and recommended specifications for running MT4 on Windows, Mac, Android, and iOS. Download Exness MT4 from the official Exness website to start trading.

PlatformOperating SystemProcessorRAMDisk SpaceInternetAdditional Requirements
MT4 for WindowsWindows 7/8/10/111 GHz or higher512 MB (1 GB recommended)50 MB freeStable connectionDirectX 9.0c, VGA or higher resolution
MT4 for MacmacOS 10.9 (Mavericks) or higherIntel Core i5 or higher2 GB or more50 MB freeStable connectionOS X virtualization software for compatibility
MT4 for AndroidAndroid 4.0 or higherARM or x86 compatible1 GB or more30 MB freeActive connectionTouchscreen interface supported
MT4 for iOSiOS 10.0 or higheriPhone 5s or higher1 GB or more30 MB freeStable connectioniOS 10.0 or higher for full functionality

Installation Guide for Exness MT4

Enhance your trading experience by downloading and installing Exness MT4, a free and powerful platform for PC and Mac. Follow these steps for a smooth setup.

How to download for PC

  1. Visit the Exness website from your PC.
  2. Hover over ‘Platform’ at the top of the main page.
  3. Select ‘MetaTrader 4’ from the dropdown menu.
  4. Click ‘Download MetaTrader 4’ to download the exness4setup.exe file for Windows.
  5. Run the installer from your Downloads folder and follow the on-screen instructions.
Installation steps for Mac

Installation steps for Mac

  1. Access the Exness website from your Mac.
  2. Hover over ‘Platform’ at the top of the main page.
  3. Select ‘MetaTrader 4’ from the dropdown menu.
  4. Click ‘Download MetaTrader 4’ to download the exness-mt4.dmg file.
  5. Locate the downloaded file in your Downloads folder.
  6. Double-click the .dmg file to open a new window.
  7. Drag and drop the MT4 application icon to your Applications folder.
  8. Open MetaTrader 4 from your Applications folder, log in with your Exness credentials, and start trading.
Installation steps for Mac

Mobile Download: Android and iOS

  1. Navigate to ‘MetaTrader Mobile Apps’ on the Exness website.
  2. Select ‘Download MetaTrader 4 Mobile’ for iOS or Android, or choose the Android .apk version.
  3. Optionally, scan the QR code to access the download page directly.
  4. Install the app by following the prompts.
  5. Launch the app, log in with your Exness account details, and start trading.
For Android and iOS

Using Web Terminal

  1. Visit the Exness website in your browser.
  2. Hover over ‘Platform’ and select ‘MetaTrader WebTerminal’.
  3. Click ‘Launch MetaTrader Web’ to access the web version.
  4. Log in with your Exness account details and start trading.
Use Web Terminal

Registration and Login Process

To trade on Exness, set up an account and sign in to the platform. Follow these steps to get started with one of the most reliable trading platforms available in Vietnam.

How to Register on Exness MT4

Follow these steps to create an account:

  1. Visit the Exness website and click ‘Sign Up’ in the upper right corner.
  2. Select Vietnam as your country, enter your email address, and create a secure password. Confirm you are not a US citizen or resident for tax purposes, then click ‘Continue’.
  3. Enter the verification code sent to your email and click ‘Verify Exness’.
  4. Your registration is complete, granting access to your personal area for managing accounts, deposits, and withdrawals.
How to Register on Exness MT4

Steps to login to your Exness MT4 account

To use Exness to trade effectively, it is important that you know how to link your Exness account with the MT4 platform. Here’s how you can do it easily:

Steps to login to your Exness MT4 account
  1. Launch the MetaTrader 4 platform on your device.
  2. Go to ‘File’ and select ‘Login to Trade Account’.
  3. Enter “Exness” in the Server field to display Exness servers.
  4. Input your Exness login ID and password from registration.
  5. Select the Exness-demo server for demo accounts or Exness-Real Server for real accounts.
  6. Click ‘Login’. Check the connection status in the lower right corner. If it shows ‘Connected’, you’re ready to trade.

Recovering your password and troubleshooting login issues

Forgetting passwords or experiencing login issues can be frustrating, especially when you want to access your Exness account immediately. However, these challenges can be resolved quickly. This way:

Forgot password:

  1. Go to the Exness login page and click ‘Forgot Password?’.
  2. Enter the email associated with your Exness account and click ‘Next’.
  3. Verify your identity with the code or link sent to your email.
  4. Set a new secure password meeting the platform’s criteria.

Common login issues:

  • Ensure the correct server (Demo or Real) is selected.
  • Check connection status in MT4’s lower right corner. If ‘No connection’, verify login details.
  • Confirm Caps Lock is off when entering your password.
  • Ensure your account is verified with all required documents approved.
  • Update MT4 to the latest version or reinstall if issues persist.
  • Contact Exness Customer Support for further assistance.

Other troubleshooting tips:

  • Update Platform: Make sure you have the latest version of the MetaTrader 4 platform. Outdated software can sometimes cause login problems.
  • Contact Support: If you have tried the above steps and still cannot access your account, it is time to contact Exness Customer Support. They can provide real-time support and resolve any underlying issues you may be unaware of.
  • Reinstall MT4: If the problem persists, consider reinstalling the platform. Sometimes, minor errors can be fixed with a fresh installation.

Practice with Exness MT4 Demo Account

The Exness MT4 demo account is perfect for Vietnamese traders looking to practice without financial risk. It offers a realistic trading environment with virtual funds, full access to MT4 features, and the ability to test leverage settings, Expert Advisors, and indicators. Experiment with different strategies and account types to refine your skills.

Metatrader 4

Steps to Open a Demo Account:

  1. Log in to your Exness personal area and go to ‘My Account’.
  2. Select ‘Open New Account’ and choose ‘Try the Demo’.
  3. Select MT4 as the trading platform, set a password, and click ‘Create Account’.
  4. Receive account credentials and server details via email or the ‘My Account’ section.
  5. Download Exness MT4 and start demo trading with the provided details.

Benefits of using Exness MetaTrader 4

Exness MT4 delivers a powerful trading experience for Vietnamese traders:

  • Expert Advisors (EAs): Automate trading with real-time algorithms, customizable for your strategies.
  • Extensive Indicator Suite: Access 30+ built-in indicators and create custom ones using MQL4.
  • Script Functionality: Execute scripts for risk assessment, transaction management, and off-market orders.
  • Resourceful Libraries: Store and access custom functions for efficient trading.
  • Advanced Security: Data encryption and RSA digital signatures ensure account safety.
  • Local Support: Vietnamese language support (Tiếng Việt) and assistance from local teams.

Common Exness MT4 Issues for Vietnamese Traders and Solutions

Slow Execution Speed
Ensure a stable internet connection. Use a wired connection or switch to MT5 for faster execution.

Unable to Open or Close Trades
Verify internet stability, sufficient funds, and no restrictions on trading instruments.

Server Connection Problems
Restart your router or check Exness server status on their website.

Order Execution Delays
Increase slippage tolerance in MT4 settings or use limit orders during high volatility.

Account Login Issues (Wrong Password/Error)
Double-check credentials, reset password if needed, and ensure account verification.

Currency Conversion Errors (VND to USD)
Confirm the correct account currency and check for broker restrictions. Contact Exness support if issues persist.

Technical Indicator Issues (Not Showing/Updating)
Refresh the chart, restart MT4, or update to the latest version.

Installation Problems (MT4 Setup)
Ensure system compatibility, disable antivirus during installation, and download from the Exness website.

Mobile App Login Issues (MT4 for Android/iOS)
Verify credentials, ensure a stable connection, and update or reinstall the app.

Data Feed Lag (Delayed Prices)
Use a fast internet connection or Exness’ VPS service for improved data feeds.

How to Download Your Trading History from Exness MT4

To download your trading history from Exness MT4, open the platform and go to the “Terminal” window at the bottom (press Ctrl+T if you don’t see it). Click the “Account History” tab, right-click, and select “Save as Report” to create an HTML file of your trades.

Alternatively, you can get your trading history from the Exness website. Log in to your Personal Area at exness.com, find the “My Accounts” section, and pick the account you want. Then, go to “Account History” or “Statements,” choose your date range, and download the report in a format like PDF or CSV. This option is great if you need more flexibility or want to keep detailed records.

Comparison of MT4 and MT5 for Exness

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are two of the most popular trading platforms used by traders globally. Both platforms are offered by Exness, but each has its own set of features, advantages, and limitations. Below is a comparison of the key differences between MT4 and MT5 to help you choose the best platform for your trading needs.

FeatureMT4MT5
Platform TypeForex and CFDs tradingForex, CFDs, Stocks, Futures, Options
Number of Order Types46
Number of Timeframes921
Charting and Analysis Tools30+ indicators, 2 analytical objects38 indicators, 44 analytical objects
Market DepthNot availableAvailable (Order book view)
Languages SupportedVietnamese (Tiếng Việt), English, 30+ othersVietnamese (Tiếng Việt), English, 38 others
Execution SpeedFast execution (depends on internet)Faster execution, more flexible routing
Multi-Asset SupportForex, CFDsForex, CFDs, Stocks, Futures, and more
Programming LanguageMQL4 (MetaQuotes Language 4)MQL5 (MetaQuotes Language 5)
Number of Symbols128 symbols max (depending on broker)Unlimited symbols, better multi-asset support
Timeframe CustomizationFixed timeframes onlyCustom timeframes available
Get a free ₫240,000,000 ($10,000) virtual account to practice trading on Exness MT4. Perfect for Vietnamese traders in Ho Chi Minh City, Hanoi, and Da Nang to test strategies risk-free.
Download MT4

FAQ about MT4

How can you connect Exness to MT4?

To connect Exness to MetaTrader 4, ensure you have an active Exness account. Download Exness MetaTrader 4 from the official Exness website. After installation, open MT4, click ‘File’, then select ‘Login to Trade Account’. Enter your Exness credentials and choose the correct server (e.g., Exness-Real or Exness-Demo) provided during account setup.

How do you log in to Exness using MT4?

What is the difference between Exness MT4 and MT5?

Can I use Exness MetaTrader 4 on Mac?

How do I reset my Exness MT4 password?

Is there a mobile version for Exness MT4?

How many indicators does Exness MT4 offer?

Are Expert Advisors (EAs) allowed on Exness MT4?

Can I use MT4 with Exness in Vietnam?

Is Exness trading legal in Vietnam?

How to download MT4 in Vietnam?

How big is a 0.01 lot in Exness?

What is the difference between Exness MT4 and MT5?