What is MT4 (MetaTrader 4)?
MT4 stands for MetaTrader 4, a trading platform developed by MetaQuotes Software. It’s been around since 2005 and has become the industry standard for forex trading worldwide. The platform gives traders access to real-time market data, advanced charting tools, and automated trading features.
Most brokers offer MT4 because it’s stable and easy to use. The software handles multiple asset classes including forex pairs, commodities, and indices. Traders can analyze markets using over 30 built-in technical indicators and custom tools.
Why South African Traders Choose MT4?
South African traders prefer MT4 for several practical reasons:
- Local market hours compatibility – MT4 works perfectly with JSE trading hours and international forex sessions
- ZAR currency pairs support – Easy access to USD/ZAR, EUR/ZAR, and GBP/ZAR trading
- Low data usage – Important for traders with limited internet connectivity
- Offline chart analysis – Charts remain accessible even during connection issues
- Multi-language support – Available in English and Afrikaans
- Mobile trading flexibility – Essential for traders who travel frequently between provinces
- Economic calendar integration – Tracks SARB announcements and local economic events
- Custom time zones – Automatically adjusts to SAST (South African Standard Time)
- Local payment method support – Works with major South African banks and payment systemsnterface exactly how you want it.

Features Of Exness MT4 Platform
Exness MetaTrader 4 comes packed with professional trading features. The platform offers one-click trading for quick market entry and exit. Advanced order types include pending orders, stop losses, and take profit levels.
The charting package includes 9 timeframes from 1-minute to monthly charts. Traders get access to 30+ technical indicators and unlimited custom indicators. Drawing tools help identify support and resistance levels.
Risk management tools are built into every trade. Position sizing calculators help determine appropriate lot sizes. The platform shows real-time profit and loss calculations.
Market depth information displays current bid and ask prices. The economic calendar highlights major news events that affect currency movements. Push notifications keep traders informed about important market developments.
How To Download And Use MT4
Getting MT4 running on your device takes just a few minutes with the right approach. Each operating system has specific installation requirements that affect performance. The download process varies slightly between Windows, Mac, iOS, and Android platforms.
Account setup happens after successful installation. Demo accounts let new traders practice without risking real money. Live accounts require identity verification before funding and trading begins.
Platform | Download Size | RAM Required | Installation Time | Offline Capability |
Windows | 18 MB | 2 GB | 4 minutes | Full charts/analysis |
Mac | 25 MB | 4 GB | 6 minutes | Limited offline features |
iOS | 55 MB | 1 GB | 3 minutes | Basic chart viewing |
Android | 45 MB | 1 GB | 3 minutes | Charts with saved data |
MT4 For Windows
- Visit the official broker website and locate the MT4 download section
- Click “Download for Windows” and save the installer file to your desktop
- Close antivirus software temporarily to prevent installation conflicts
- Right-click the installer and select “Run as administrator” for proper permissions
- Follow the installation wizard prompts and accept the license agreement
- Choose installation directory or keep the default Program Files location
- Wait 3-5 minutes for installation to complete depending on system speed
- Launch MT4 from desktop shortcut or Start menu after installation finishes
MT4 For Mac
- Download the Mac-compatible MT4 version from your broker’s platform page
- Open the downloaded DMG file and drag MT4 to Applications folder
- Right-click MT4 in Applications and select “Open” to bypass security warnings
- Grant necessary permissions when macOS security prompts appear
- Install Wine compatibility layer if using Windows MT4 version on Mac
- Configure network settings to allow MT4 through macOS firewall
- Test installation by launching MT4 and checking for error messages
- Set up automatic updates through System Preferences if available
MT4 For iOS
- Open App Store on iPhone or iPad and search for “MetaTrader 4”
- Tap “Get” next to the official MetaQuotes MT4 app listing
- Enter Apple ID password or use Touch ID/Face ID to confirm download
- Wait for installation to complete on home screen with progress indicator
- Open MT4 app and accept terms of service and privacy policy
- Allow push notifications for trade alerts and price movement updates
- Enable location services if using region-specific trading features
- Test app functionality with demo account before live trading begins
MT4 For Android
- Launch Google Play Store and search for “MetaTrader 4” in search bar
- Select official MetaQuotes MT4 app from search results list
- Tap “Install” button and confirm download with Google account credentials
- Allow requested permissions for storage, network, and notification access
- Wait for automatic installation to finish on Android home screen
- Open MT4 app and configure notification settings for trading alerts
- Enable fingerprint login if device supports biometric authentication features
- Download offline charts for analysis during poor network connectivity
Step-By-Step MT4 Installation Guide
Installing MT4 properly ensures smooth trading performance and prevents common technical issues:

- Download from official source – Visit your broker’s official website and locate the MT4 download section
- Choose correct version – Select the installer that matches your operating system (32-bit or 64-bit)
- Close other programs – Shut down antivirus software and other applications to prevent conflicts
- Run as administrator – Right-click the installer and select “Run as administrator” for proper permissions
- Accept license agreement – Read and accept the software license terms to proceed with installation
- Select installation directory – Choose installation folder or keep default Program Files location
- Wait for completion – Allow 3-5 minutes for files to install completely without interruption
- Launch and test – Open MT4 and verify that charts load with real-time price data
- Configure firewall – Add MT4 to firewall exceptions if connection issues occur
- Install updates – Check for and install any available platform updates after first launch
MT4 Accounts On Exness
Exness offers multiple account types compatible with MT4 platform. Standard accounts provide fixed spreads starting from 1.0 pips. Pro accounts offer variable spreads from 0.1 pips with commission charges.
Zero accounts feature spreads from 0.0 pips with small commission fees. Raw Spread accounts target professional traders with institutional pricing. Each account type has different minimum deposit requirements.
Account verification typically takes 24-48 hours for document approval. South African residents can fund accounts using local bank transfers and card payments. Withdrawals usually process within the same business day.
Using MT4 With Exness
Getting MT4 working with your Exness account involves connecting to the right server and entering correct login details. The setup process takes just a few minutes once you have your account credentials ready. Most connection problems happen because traders use wrong server names or mix up their passwords.
Demo and live accounts use different server addresses, so double-check which type you’re connecting. Server location matters for execution speed – European servers work best for South African traders.
Exness MT4 WebTerminal Overview
The Exness MT4 WebTerminal runs directly in web browsers without software installation. This browser-based version provides core trading functionality for quick market access. Traders can place orders, analyze charts, and monitor positions from any computer.
WebTerminal works on Chrome, Firefox, Safari, and Edge browsers. No downloads or updates are needed since everything runs online. The interface closely matches the desktop version for familiar navigation.
Chart analysis includes basic technical indicators and drawing tools. One-click trading enables fast order execution during volatile market conditions. The platform automatically saves workspace settings in browser cookies.

How To Connect An Exness Account To MT4
Connecting your Exness account to MT4 requires specific server details:
- Open MT4 and click “File” then “Login to Trade Account”
- Enter your account number provided by Exness
- Input your trading password (not your personal area password)
- Select the correct server from the dropdown list
- Click “Login” to establish the connection
- Verify connection by checking account balance and equity
- Save login details for automatic future connections
How To Open A Demo Account On MT4
Setting up a demo account helps new traders practice without financial risk:
- Launch MT4 and select “File” then “Open an Account”
- Choose “Demo Account” from the account type options
- Fill in personal information including name and email address
- Select account currency (USD, EUR, or ZAR recommended)
- Choose leverage ratio appropriate for your trading style
- Set initial demo balance (usually $10,000 to $100,000)
- Click “Next” and wait for account approval
- Login using the provided demo account credentials
How to Update MetaTrader 4 to the Latest Version
Keeping MT4 updated ensures you get new features and security fixes. Updates also fix bugs that might affect your trading. The platform offers both automatic and manual update options.

Leverage, Spreads, And Execution Speed
Exness MT4 offers leverage up to 1:2000 for forex trading. This high leverage allows traders to control large positions with smaller account balances. Professional clients may access even higher leverage ratios.
Spreads vary by account type and market conditions. Standard accounts typically show 1.0-3.0 pip spreads on major currency pairs. Pro accounts offer tighter spreads starting from 0.1 pips with commission charges.
Execution speed averages under 0.3 seconds for most trades. The platform uses STP (Straight Through Processing) for direct market access. No dealing desk intervention ensures transparent price execution.
Market execution means trades fill at the best available price. This can result in small slippage during high volatility periods. Limit orders help control entry prices for planned trades.
What You Can Trade On MT4 With Exness
Exness MT4 offers access to over 120 trading instruments across multiple asset classes. The platform covers everything from major forex pairs to exotic cryptocurrencies. South African traders can trade local ZAR pairs alongside international markets.
Different account types may have varying instrument availability and trading conditions. Check your specific account type for complete instrument lists and current spreads.
Forex, Stocks, Indices, Cryptocurrencies
The MT4 platform South Africa traders use provides access to over 120 trading instruments. Major forex pairs include EUR/USD, GBP/USD, and USD/JPY with tight spreads. Minor and exotic pairs offer additional trading opportunities.
Stock CFDs cover popular shares from major global exchanges. Apple, Google, Tesla, and other tech giants are available for trading. European stocks include Volkswagen, Nestle, and ASML shares.
Indices represent entire market sectors or countries. The S&P 500, FTSE 100, and DAX 30 are popular choices. These instruments provide broader market exposure than individual stocks.
Cryptocurrency CFDs include Bitcoin, Ethereum, and Litecoin pairs. Crypto trading operates 24/7 unlike traditional forex sessions. High volatility creates profit opportunities but also increases risk levels.
Trading Conditions On MT4
Minimum lot sizes start at 0.01 for most currency pairs. This micro lot size equals 1,000 units of base currency. Standard lots represent 100,000 units for larger position sizes.
Maximum lot sizes vary by instrument and account type. Forex pairs typically allow up to 200 standard lots per trade. Stock CFDs may have lower maximum position limits.
Swap rates apply to positions held overnight. These rates can be positive or negative depending on interest rate differentials. The platform automatically calculates and applies swap charges.
Margin requirements change based on leverage and instrument type. Higher leverage reduces margin requirements but increases risk exposure. The platform shows required margin before trade execution.
24/7 Support For South African Users
FExness provides round-the-clock customer support for South African traders using MT4. The support team speaks English and understands local trading regulations. Multiple contact methods ensure quick problem resolution.
Support Channel | Availability | Response Time | Languages | Phone Number |
Live Chat | 24/7 | 30 seconds | English | N/A |
Email Support | 24/7 | 2-4 hours | English | [email protected] |
Phone Support | 24/5 | Immediate | English | +27 (0) 87 550 7777 |
Callback Service | 24/7 | 5-10 minutes | English | Available via website |
FAQ Database | Always | Immediate | English | Online help center |
Technical support covers MT4 installation, account connection issues, and trading platform problems. Educational support helps new traders understand platform features and trading concepts.

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FAQs
How to download Exness MT4 in South Africa?
Visit the official Exness website and navigate to the platforms section. Select MT4 from the available options and choose your operating system. Download the installer file and run it as administrator. Follow the installation wizard and login with your account credentials after setup completes.
Can I trade on MT4 with a Standard Exness account?
Yes, all Exness account types work with the MT4 platform including Standard accounts. Standard accounts offer fixed spreads starting from 1.0 pips with no commission charges. You can trade forex, stocks, indices, and cryptocurrencies using any Exness account type on MT4.
Is Exness MT4 available on mobile devices?
Exness MT4 runs on iOS and Android mobile devices through dedicated apps. Download the MT4 app from App Store or Google Play Store and login with your Exness account details. The mobile version includes charting tools, order placement, and account monitoring features for trading on the go.
What tools are included in Exness MT4?
Exness MetaTrader 4 includes 30+ technical indicators, 9 chart timeframes, unlimited custom indicators, drawing tools, Expert Advisors support, economic calendar, market depth, one-click trading, and advanced order types. The platform also provides real-time news feeds and price alerts for comprehensive market analysis.
Does Exness support Expert Advisors on MT4?
Yes, Exness fully supports Expert Advisors (EAs) on the MT4 platform for automated trading. You can install custom EAs, purchase them from the MetaTrader Market, or develop your own using MQL4 programming language. EAs run 24/7 and can execute trades based on pre-programmed strategies without manual intervention.