What Is MetaTrader and Why MT4 Still Matters
MetaTrader is a trading platform developed by MetaQuotes. It comes in two main versions — MT4 and MT5. While MetaTrader 5 (MT5) offers more advanced features and supports more asset classes, MetaTrader 4 (MT4) remains the preferred choice for many traders due to its simplicity, ease of use, and compatibility with thousands of custom indicators and expert advisors (EAs).
MT4 is particularly popular among Indian traders who focus on forex and CFD trading. It provides all the essential tools needed for technical analysis, risk management, and automated trading.
MetaTrader 4 vs MetaTrader 5: Key Differences
| Feature | MetaTrader 4 (MT4) | MetaTrader 5 (MT5) |
|---|---|---|
| Order Execution Types | 4 types | 6 types |
| Programming Language | MQL4 | MQL5 |
| Hedging Support | Yes | Yes |
| Netting Support | No | Yes |
| Economic Calendar | No | Yes |
Despite the advanced features of MT5, MT4 remains supported and widely used, especially by traders who rely on a wide range of custom tools built specifically for this version.
How to Download Exness MT4 in India
To get started with Exness MT4, you need to download the platform either on your desktop or mobile device. Here’s how you can do it:
- Go to the official Exness website.
- Click on the “Platforms” section and select “MetaTrader 4”.
- Choose the version for your device (Windows, macOS, Android, or iOS).
- Download and install the application.
- Use your Exness Login credentials to access your trading account.
Once installed, you can begin trading CFDs across various markets like forex, stocks, commodities, and crypto.
Mobile vs Desktop: Which MT4 Version to Use?
Exness MT4 is available both as a desktop application and a mobile app. Each version has its own strengths, depending on your trading style.
Comparison Table: MT4 Desktop vs Mobile
| Feature | MT4 Desktop | MT4 Mobile |
|---|---|---|
| Charts and Analysis | Advanced charting tools, multiple screens | Basic charts, limited indicators |
| Expert Advisors (EAs) | Full support | Not supported |
| Order Management | Full control with advanced features | Basic order execution |
| Ease of Use | Requires setup, more complex | User-friendly and fast |
| Accessibility | PC or laptop only | Anytime, anywhere via smartphone |
For detailed analysis and strategy development, the desktop version offers more features. However, for traders who prefer to monitor markets or execute trades on-the-go, the mobile version is highly convenient.
Why Traders in India Choose MT4
There are several reasons why Indian traders continue to use this platform despite the availability of MT5. These include:
- Established ecosystem of indicators and custom tools
- Lower system requirements
- Stable performance on slower internet connections
- Support for automated trading through EAs
- Simple and intuitive user interface
For those who value reliability and simplicity, MT4 remains a solid option for online CFD trading with Exness Broker.
Exness MT4 App: Quick Access to Markets
The mobile version — available as the Exness App or Exness Apk for Android — allows Indian traders to access markets without being tied to a desktop. You can download the app from Google Play or the App Store, install it, and log in using your existing trading credentials. It supports account management, basic technical analysis, and order execution.
Is MT4 Still a Good Choice in 2025?
Yes, especially for traders who:
- Use custom indicators that are only available on MT4
- Trade primarily in forex and CFDs
- Prefer a lightweight platform without unnecessary features
- Need compatibility with older devices
While some features in Exness MT5 might be appealing for advanced strategies, MT4 continues to receive support and updates, making it a valid choice even in 2025.
How to Login and Start Trading
Once you've installed the platform, you can log in through the “Exness Login” page using your account credentials. After logging in, you’ll be able to monitor live quotes, analyze charts, and place trades. The process is the same across desktop and mobile versions.
Final Thoughts
Exness MT4 remains a practical and efficient tool for CFD trading in India. Its simplicity, reliability, and compatibility with automated strategies make it a go-to choice for many traders. Whether you prefer desktop or mobile trading, the platform offers a flexible way to access financial markets with ease.