Exness MT4: How to download MT4 Exness
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Exness belongs to the Exness group, with 11 years of experience is a rather special forex broker in the foreign exchange market. In March 2018, Exness Group achieved a trading volume of $375 billion. This is the highest trading volume in Exness and focuses mainly on 120 forex trading products. This article shows you how to open MT4 account and how to download MT4 Exness
Assess the level of Reputation
One of the points that ensure the credibility and safety of a forex broker is the licensing and regulatory agency of the exchange.
This is something we pay close attention to for new traders. Please find a licensed broker to trade to avoid maximum risk for your account because the exchange is where you deposit money and execute trading orders.
Exness is licensed by two leading financial regulators such as FCA and CySec. In addition, Exness is also approved by regulatory authorities from Spain, Italy, Sweden, the Netherlands, and Germany to operate in these markets.
Exness is also a member of the Investor Compensation Fund (ICF). This means that traders will receive a maximum compensation of “up to 20,000 EUR, or a claim of up to 90% for investors” should Exness encounter any problems.
In addition, Exness is also a broker with a separate account mechanism due to the influence of the license of the FCA. Therefore, customer deposits are stored by Exness at one of the leading banks such as Barclays Bank, Baltikums bank, and OCBC bank.
The division of accounts not only proves financial strength, high liquidity. But as mentioned earlier, it also helps to avoid the situation where the exchange uses the deposit itself to reverse orders with customers to prevent unnecessary risks or losses that affect the interests of traders.
Another point worth mentioning about Exness’s transparency and safety is that the financial statements are fully posted on the company’s website. And these reports are made by Deloitte – one of the global audit firms in the Big Four group (the world’s top four auditing firms) with the world’s largest professional service network.
Advantages and disadvantages of Exness
– Instant withdrawal, using an automatic system, without human intervention, so the withdrawal speed is breakneck.
– Multiple deposit and withdrawal methods with 0% commission
– Metatrader 4, Metatrader 5, mobile forex trading platforms, WebTerminal
– Over 80 account currency options
– More than 120 currency pairs
– Unlimited leverage support
– Free VPS server service
– Updated financial news from Dow Jones
– Trader Calculator and currency converter for forex trading
– There is a Social Trading feature that allows users to copy investors’ trades with other strategies.
– There are not many bonus programs.
– Only currency (forex) trading is allowed, and absolutely no other products such as Commodities, metals, or cryptocurrencies.
– Exness spreads and commissions are low, but slippage often occurs, and spreads widen when the market fluctuates.
How to open an Exness account
Step 1: Access the Exness homepage. Then click the Sign-Up button in the upper right corner of the screen.
Step 2: In the Registration box, enter your email, phone number, and password. Then click on the box “Continue to register”.
Next, you need to verify the 4-digit code sent to your phone number and 6 numbers sent to your email. When you’re done, click “Confirm”.
Step 3: Enter personal information. Here you need to enter your information exactly as in your identity card. Because later, when confirming identity, we will need this information.
Next, you need account security settings.
Step 4: Verify your account
With this step, you need to prepare photos of 2 types of documents identity verification and address verification. (You can use documents such as identity card, passport, utility bill, and bank statement to verify the account).
Then upload to the system and wait for the Exness team to verify. Once done, you will receive a welcome email. You can now access the member’s area to start actual trading.
How to download MT4 Exness
Download MT4 from the broker with which you registered a trading account. Each broker provides customers with a different version of MT4 available on the server, so traders can download MT4 directly from the broker for convenience in logging in and trading.
- Step 1: Access from Exness homepage, select Platforms > select the MT4 version you want to use.
- Step 2: After downloading, you will see there is an exness4setup.exe file, double click on it and click Run.
- Step 3: Click Next to continue the installation. After the installation is complete, click Finish to finish the installation.
Thank you for following the article. If you have any questions, you can leave a comment below.
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