To put it simply, Exness is a broker that lets you trade in currencies, crypto, stocks, indices, metals, and commodities. Exness has a trading platform called Trading Terminal and MetaTrader 4 and 5. Traders of all kinds can choose from a wide range of account types. According to Traders Union any successful trader must keep up with current events in the financial and economic worlds.
Exness has both MT4, which is the world’s most popular trading platform and MT5, the latest version of the industry standard. MT4 and MT5 are good trading platforms, but many CFD brokers also have more accessible web-based platforms for new traders. On the other hand, Exness offers third-party platforms like MT4 and MT5, so traders can take their customised version of the platform with them if they decide to switch to another broker.
Metatrader 4 (MT4)
MetaQuotes made MT4 in 2002 and is still the most popular platform for trading CFDs worldwide. Even though the platform’s interface isn’t as modern as it used to be, MT4 is still well-known for its fast execution speeds, a wide range of charting tools, algorithmic trading, and ability to be changed to fit individual needs. MT4 also has the following features:
Helps with making, changing, and using automated trading strategies.
The MQL4 programming language is supported.
Algorithmic trading makes it possible to formalize and use any trading strategy as an Expert Advisor.
- Allows traders to develop their own custom indicators.
- Superior charting tools in nine timeframes
- 24 graphical objects
- 30 built-in indicators
There are four pending orders: a buy stop, a sell stop, a buy limit, and a sell limit.
Metatrader 5 (MT5)
MT5, which came out in 2010, is a newer version of MT4, which came out before it. The main difference is that MT4 is a platform for trading only Forex, while MT5 is a solution for trading multiple assets that can connect directly to stock exchanges worldwide. You can trade stocks, stock indices, exchange-traded funds (ETFs), and other assets on MT5.
MT5 is more powerful and faster than MT4, especially regarding the back-testing feature for automated trading algorithms. MT5 also has a news feed, a market depth indicator, an economic calendar, and charts where trades can be made. MT5 also has the following features:
- 12 timeframes
- 38 built-in indicators
- 37 graphical objects
- Six pending order types
- Multi-threaded strategy tester
Both MT4 and MT5 can be downloaded or used in a browser. They can also be used on iOS and Android devices. Mobile access is available 24 hours a day, seven days a week, and the latest SSL encryption technology is used to keep the apps safe.
Trading Platforms for Exness Mobile
Exness’s mobile trading options are about the same compared to other brokers.
Exness supports the MT4 and MT5 mobile trading apps for Android and IOS and a native app for the iPad.
With nine timeframes, 30 indicators, and interactive currency charts, the Exness MT4 and MT5 apps let traders work from anywhere. Traders on the go are given even more power by the ability to close and change existing orders, calculate profit/loss in real-time, and trade using tick charts.
Exness Instruments (Trading Assets)
Exness lets you trade more than 100 Forex pairs, which is more than most other brokers. It also enables you to trade cryptocurrencies with a 1:200 leverage, much higher than most other brokers. Other instruments that can be changed are limited compared to other brokers. There are only 70+ stock CFDs and a few indices and commodities.
Exness has more than 100 Forex pairs, including majors, minors, and exotics. It has more than 70 Stocks, CFDs, a few metals, energies, indices, and cryptocurrencies.
Forex pairs: Exness lets you trade more than 100 Forex pairs, such as USD/ZAR and ZAR/JPY, which are major, minor, and exotic pairs. The most you can borrow is 1:2000.
Cryptocurrencies: Exness has 14 crypto pairs, most of which are Bitcoin. BTC/ZAR and BTC/XAU are two examples. There are also Ethereum, Litecoin, and Ripple to choose from. The most leverage you can get is 1:200, much more than other brokers offer.
Metals: Exness lets you trade silver and gold crosses with the AUD, EUR, GBP, and USD, as well as palladium and platinum futures. For gold, the maximum leverage is 1:2000, but for platinum and palladium futures, it is only 1:100.
Energy: Both Brent and WTI oil spot contracts are available through Exness. The most you can borrow is 1:50.
Indices: Exness offers CFDs on many international indexes, such as the NASDAQ, S&P500, FTSE100, DAX30, and Nikkei. This range of indices is about the same as what other brokers offer. The most you can borrow is 100:1.
Shares: Exness lets you trade CFDs on more than 70 shares, including those of well-known US tech companies and international energy firms. This broker doesn’t offer as many share CFDs as other brokers do. The most you can borrow is 1:20.