Exness MetaTrader: MT4 and MT5 Setup Guide
Exness MetaTrader Options
Exness supports MetaTrader 4 and MetaTrader 5 across Windows desktop, iOS, Android, MetaQuotes WebTerminal and, for MT5 only, the Exness Terminal browser interface; the trading account number is bound to one generation at creation.
MetaTrader is the interface; Exness is the broker. The interface choice is technical and reversible by opening a new trading account; the broker choice is the bigger commitment. Match the interface to your strategy, not your past habits.
MT4 versus MT5 account compatibility
- MT4 trading account — works with MT4 desktop, MT4 iOS, MT4 Android, WebTerminal
- MT5 trading account — works with MT5 desktop, MT5 iOS, MT5 Android, WebTerminal, Exness Terminal, Exness Trade
- An MT4 account number cannot sign in via the MT5 app or vice versa
- Switching generations means opening a new trading account in the other type
Desktop, web, and mobile terminals
- Desktop MT4 and MT5 — Expert Advisor support and full indicator catalogue
- MetaTrader mobile apps — execution and monitoring, lighter indicator set
- WebTerminal — no install, MT4 and MT5 compatible
- Exness Terminal — MT5 only, polished browser shell from Personal Area
Platform selection cannot always change
Once a trading account is opened in MT4 or MT5, the platform generation is fixed. Most users open one account of each generation if they want both, or transfer funds internally to a new MT5 account when switching from a legacy MT4 setup.
Best for: choosing MT5 unless you have a specific MT4 reason (legacy EA, instructor materials, broker compatibility elsewhere).
The trading account is locked to one MetaTrader generation; pick MT5 by default unless a concrete MT4 reason applies.
How to Set Up MT4 With Exness
MT4 setup is download the MT4 client, search for the Exness server name, then sign in with the MT4 trading account number, password and server — the same flow works on desktop, iOS and Android.
MT4 is older than MT5 and slowly being deprecated by MetaQuotes, but it remains in active service for legacy Expert Advisors and instructors who built their teaching material on it. Setup is identical across devices in concept; details differ slightly per platform.
Download and install checks
- Open exness.com or the official MetaQuotes site for the MT4 download
- Verify the publisher is MetaQuotes Ltd (desktop) or MetaQuotes Software Corp (mobile)
- Install on a device that meets the minimum OS requirement
- Open the app and proceed to the Login or Sign In screen
Server, login, and password fields
- Server — search "Exness" and pick the server matching your account (Real, Trial)
- Login — your MT4 trading account number, not your Personal Area email
- Password — the MT4 trading-account password set in Personal Area, separate from Personal Area login
- Save credentials only on a trusted device
Common MT4 connection issues
- Wrong server — search again and pick the one matching your account in Personal Area
- Invalid account — confirm you opened an MT4 account, not MT5
- "No connection" — check internet, then firewall blocking the MT4 server port
- "Trading disabled" — check the account is funded and not under compliance review
If MT4 cannot find the Exness server, restart the app or refresh the server list; the cached list is occasionally stale on mobile.
MT4 setup is download, server search, account number, MT4 password — the friction is almost always wrong server, wrong account type, or stale server list.
How to Set Up MT5 With Exness
MT5 setup mirrors MT4 — download, server, login, password — with additional browser-based options (Exness Terminal, WebTerminal) and broader instrument coverage; the account number must be an MT5 trading account, not MT4.
MT5 is the current MetaQuotes generation and the default for new accounts. The engine is faster, the order types are richer, and the instrument coverage is broader. The trade-off is that some older Expert Advisors written for MT4 do not run on MT5 without rewriting.
Creating an MT5 trading account
- Open Personal Area and create a new MT5 trading account in your chosen tier
- Set the account base currency at creation (USD, EUR, others by region)
- Set the MT5 trading account password — separate from your Personal Area password
- Note the account number and the server name (Exness-Real or Exness-Trial)
Exness Terminal and WebTerminal options
- Exness Terminal — MT5 only, opens from Personal Area, no install
- WebTerminal — MetaQuotes-built, MT4 and MT5 compatible, browser-based
- Both useful when desktop or mobile install is impractical
- Performance is acceptable for monitoring and execution, slower for heavy charting
MT5 mobile login steps
- Install MetaTrader 5 from the App Store or Google Play (publisher MetaQuotes)
- Tap Login to an Existing Account
- Search "Exness" and pick the server matching your MT5 account
- Enter the MT5 trading account number and password
- Save credentials and enable biometric login
Best for: new accounts where there is no legacy MT4 constraint. Not for: traders relying on a specific MT4-only EA that cannot be rewritten.
MT5 is the default for new accounts; use Exness Terminal for a no-install browser experience and the MetaQuotes MT5 app for full mobile.
Finding Your Server Details
The server name appears in two places: in Personal Area on the trading account card, and in the email Exness sends after account creation; the typical names are Exness-Real and Exness-Trial, with sub-servers per region.
The server name is the routing address for your trading account. If MetaTrader cannot find the right server, it cannot connect, no matter how correct the account number and password are.
Personal Area account information
- Sign in to my.exness.com and pass 2FA
- Open the My Accounts section
- Click the relevant trading account card
- Read the server name, account number and login type on the panel
- Use the exact server string shown there in MT4 or MT5
Demo versus real account credentials
- Real account — server name typically Exness-Real, Exness-Real2, Exness-Real3 (varies)
- Demo account — server name typically Exness-Trial, Exness-Trial2 (varies)
- Demo accounts use the same MT generation as their parent real account
- Demo passwords do not work on real accounts and vice versa
Wrong server troubleshooting
- Search the full string "Exness" rather than abbreviations
- Refresh the MetaTrader server list if a recent server name is not visible
- Match the exact spelling and number in the Personal Area card
- If sign-in still fails, copy the server string straight from Personal Area and paste it
A wrong server is the most common single error on first sign-in to MetaTrader. The fix is always the exact server name in Personal Area, not the most-recent one in the dropdown.
Use the server name shown on the Personal Area account card, exactly as printed, including any number suffix — defaults and dropdowns get stale.
Indicators, EAs, and Tools
Indicators and Expert Advisors install through the MetaTrader Navigator panel on desktop; mobile indicator catalogues are lighter; EAs are desktop-only and should be tested on demo before any live exposure.
The MetaTrader ecosystem is full of free, paid and questionable indicators and EAs. The realistic risk is not the platform but the integrity of the third-party code you load into it. Test on demo, read the code or buy from reputable authors, never let an EA run live before you have watched it run on demo across a full week.
Desktop-only Expert Advisor limits
- EAs run on the MT4 or MT5 desktop terminals
- Mobile and browser terminals do not host EAs
- Desktop must be running for the EA to operate — no auto-resume after a crash
- VPS hosting is the standard solution for 24/5 EA operation
Indicator installation basics
- Open the MetaTrader Files menu and find the data folder
- Place the indicator file in MQL4/Indicators or MQL5/Indicators
- Restart MetaTrader so it reads the new file
- Find the indicator in the Navigator panel and drag it to a chart
- Configure inputs in the dialog that opens
Testing tools on demo first
- Run any new indicator or EA on a demo account for at least one full trading week
- Watch behaviour across session opens, news periods and rollover
- Test on the exact instrument you plan to trade live
- Validate stop-loss handling and slippage assumptions
- Only after demo validation should the tool go live, and only with the smallest viable position size
Best for: traders who treat third-party tools as code to be audited. Not for: anyone running an unverified EA live as their first contact with it.
EAs are desktop-only and need testing on demo across a full week before live; the platform is fine, the third-party code is the actual risk.
Trading Disabled and Other Errors
The recurring MetaTrader errors with Exness are "Trading disabled", "Invalid account", "No connection" and "Common error" — each has a distinct cause (account status, wrong type, network, server side) and a matching fix.
MetaTrader error strings are not always self-explanatory. The four most common ones with Exness map to recognisable account or connection issues once you know which is which.
First deposit and account status checks
- "Trading disabled" — account may be unfunded, awaiting compliance, or KYC pending
- Check the account status in Personal Area first, not in MetaTrader
- Confirm the trading account is fully active, not archived or closed
- Confirm there is no compliance review on the account
Market hours and instrument availability
- Forex pairs trade 24/5 with a weekend close
- Crypto CFDs follow a different schedule with weekly maintenance windows
- Index and stock CFDs follow their underlying market hours
- An "off-quotes" message often just means the market is closed
Support information to collect
- Screenshot the exact MetaTrader error message
- Note your trading account number and server
- Confirm Personal Area login still works and the account is visible
- Record the time and instrument when the error appeared
- Open a support ticket with all five items in the first message
A complete first message resolves most MetaTrader issues in one round-trip with support. A vague "MT5 not working" message extends the cycle into several days of back-and-forth.
Map the error string to a category (status, market, network, account-type) before contacting support; the right fix usually follows from naming the category.
Frequently asked questions
How do I connect MT4 or MT5 to Exness?
Download the platform from MetaQuotes, open the Login screen, search "Exness" for the server, then enter your trading account number and the MT password set in Personal Area. The account must be an MT4 account to use MT4 and an MT5 account to use MT5.
What is the Exness server name for MetaTrader?
Real account servers are typically Exness-Real, Exness-Real2 or similar; demo account servers are typically Exness-Trial or Exness-Trial2. The exact server for your account is shown on the trading account card in Personal Area.
Can I use MT4 and MT5 on the same Exness account?
No. Each Exness trading account is locked to one MetaTrader generation at creation. To use both, open one MT4 trading account and one MT5 trading account inside the same Personal Area, then transfer funds internally between them.
Why does MetaTrader say "Trading disabled" on my Exness account?
The most common causes are no funds on the account, KYC not completed, account under compliance review, or a closed weekend market. Check the account status in Personal Area first; if everything looks active, contact support with the exact error and account number.
Should I use MT4 or MT5 with Exness?
MT5 is the default for new accounts — faster engine, broader instrument coverage, more order types. MT4 still has a role for legacy Expert Advisors and instructors who built materials on it. Pick MT5 unless a concrete MT4 reason applies.
Is Exness Terminal the same as MT5?
Exness Terminal is a browser-based interface for MT5 trading accounts, built by Exness. It connects to the same MT5 trading engine, so positions opened in Exness Terminal show in MT5 mobile and desktop. It is an alternative front-end, not a separate account.