7 minute read
How to Change Trading Platform on Exness: A Step-by-Step Guide
from Exness
by Exness Blog
Switching trading platforms on Exness is straightforward, and you can do it in just a few clicks from your Personal Area (PA). Whether you’re moving from MetaTrader 4 (MT4) to MetaTrader 5 (MT5), trying out the Exness Terminal, or exploring the Exness Trade app, this guide will walk you through the process with ease. Exness offers a variety of platforms tailored to different trading styles, and knowing how to switch between them can enhance your trading experience. Let’s dive into the steps, explore why you might want to switch, and share some tips to your setup for success.
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Why Change Your Trading Platform on Exness?
Before we get into the how-to, let’s address why you might want to switch platforms. Each Exness platform—MT4, MT5, Exness Terminal, Exness Trade app, and WebTerminal—has unique features that cater to specific needs:
MetaTrader 4 (MT4): A favorite for forex traders, MT4 is simple, supports automated trading via Expert Advisors (EAs), and offers solid charting tools. It’s perfect for beginners or those focused on forex and basic CFDs.
MetaTrader 5 (MT5): The upgraded version of MT4, MT5 provides advanced charting, more timeframes, additional order types, and support for a broader range of instruments like stocks and indices.
Exness Terminal: A browser-based platform for MT5 accounts, it’s lightweight, requires no downloads, and integrates TradingView charts for real-time analysis.
Exness Trade App: Designed for mobile trading, this app supports MT5 accounts and offers a user-friendly interface for managing trades, deposits, and withdrawals on the go.
WebTerminal: Available for both MT4 and MT5, this browser-based option is ideal for traders who prefer not to install software.
You might switch platforms to access advanced features, trade new instruments, or simply because you’re more comfortable with a different interface. For example, if you’re diving into stock trading, MT5 or Exness Terminal might suit you better than MT4. Or, if you’re always on the move, the Exness Trade app could be your go-to. Whatever your reason, here’s how to make the switch.
Step-by-Step Guide to Changing Your Trading Platform on Exness
Exness makes it easy to switch platforms, but note that your trading account type (MT4 or MT5) determines which platforms you can use. An MT4 account cannot be used with MT5 platforms, and vice versa, as they are tied to the account type created. If you need a different platform, you may need to create a new trading account. Here’s how to change your platform:
Step 1: Log Into Your Exness Personal Area (PA)
Head to the Exness website and log into your Personal Area using your registered email and password.
If you don’t have an account yet, sign up for one—it’s quick, and Exness offers a demo account to practice without risking real money.
Step 2: Navigate to “My Accounts”
Once logged in, locate the My Accounts section on the dashboard. This is where you can view all your trading accounts, both real and demo.
Select the trading account you want to use with a different platform by clicking Trade next to it.
Step 3: Choose Your Preferred Platform
A pop-up window will appear with platform options compatible with your account type. For example:
MT4 accounts: Choose from MT4 desktop app, MT4 mobile app, MT4 WebTerminal, or MT4 MultiTerminal (for managing multiple accounts).
MT5 accounts: Choose from MT5 desktop app, MT5 mobile app, MT5 WebTerminal, Exness Terminal, or Exness Trade app.
Click your desired platform. If it’s a browser-based option like Exness Terminal or WebTerminal, it’ll open directly in your browser. For desktop or mobile apps, you’ll be prompted to download or install them.
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Step 4: Set Your Default Platform (Optional)
To make a platform your default for a specific account, go to Settings > Trading Terminals in your PA.
Select the account and toggle your preferred platform as the default. This saves time when you log in next.
Step 5: Download and Log In (If Needed)
For desktop or mobile apps, download the latest version from the Exness website or your device’s app store (Google Play or App Store). Ensure you’re using the latest builds (e.g., MT4 Build 1440 or MT5 Build 4755, as older versions won’t connect).
Log in using your trading account credentials (account number, password, and server name, found in your PA).
Step 6: Customize Your New Platform
Once you’re on the new platform, take a moment to set it up:
Adjust the timezone in Exness Terminal via Settings > Time Zone.
Add trading instruments to your Market Watch window.
Customize charts with indicators, trendlines, or timeframes to match your strategy.
Enable push notifications for price alerts or trade updates (available on Exness Terminal and Exness Trade app).
Step 7: Test with a Demo Account
If you’re unsure about the new platform, create a demo account in your PA to test its features risk-free. Exness provides $10,000 in virtual funds, which you can adjust to practice different scenarios.
That’s it! You’re now ready to trade on your new platform. If you need to use a platform incompatible with your current account (e.g., switching from MT4 to Exness Terminal, which requires an MT5 account), create a new trading account in your PA under Open New Account.
Tips to Optimize Your Trading Experience
Switching platforms is just the start. To make the most of your new setup, keep these tips in mind:
Test Before Going Live: Always use a demo account to get comfortable with the platform’s interface, charting tools, and order execution. This helps you avoid costly mistakes.
Check Compatibility: Ensure your chosen platform supports your account type and the instruments you trade (e.g., forex, stocks, or cryptocurrencies). For instance, MT5 supports more instruments than MT4.
Backup Your Settings: If moving from MT4 to MT5, save custom indicators, EAs, or templates, as they may not transfer directly due to platform differences.
Update Software: Download the latest platform versions to avoid connectivity issues. Exness requires MT4 Build 1440 or MT5 Build 4755.
Leverage TradingView Integration: If you choose Exness Terminal or the Exness Trade app (for MT5 accounts), take advantage of TradingView-powered charts for advanced technical analysis.
Monitor Margin Requirements: Before trading, use Exness’s trading calculator to ensure you have enough funds to cover margin requirements, especially for leveraged positions.
Stay Informed: Exness provides real-time market data and economic news in the Exness Trade app and Terminal. Use these to stay updated on market trends and volatility.
Common Questions About Changing Platforms on Exness
Can I Switch an MT4 Account to MT5?
No, you cannot convert an MT4 account to MT5 or vice versa, as they’re tied to specific platform architectures. Instead, open a new MT5 account in your PA and transfer funds if needed.
Is Exness Terminal Better Than MT4 or MT5?
It depends on your needs. Exness Terminal is browser-based, requires no installation, and offers TradingView charts, making it great for quick access and advanced analysis. MT4 and MT5 are better for automated trading and desktop-based strategies.
Why Can’t I Use the Exness Trade App with My MT4 Account?
The Exness Trade app is designed for MT5 accounts only. For MT4 accounts, download the MT4 mobile app instead.
How Do I Avoid Platform Issues?
Always use updated software, ensure a stable internet connection, and double-check your account credentials. If you encounter issues, Exness’s 24/7 customer support (via live chat, email, or phone) can help.
Final Thoughts
Changing your trading platform on Exness is a breeze once you know the steps. Whether you’re upgrading to MT5 for advanced features, switching to the Exness Trade app for mobile convenience, or exploring the browser-based Exness Terminal, the process starts in your Personal Area. By testing new platforms with a demo account and customizing your setup, you can ensure a smooth transition and a better trading experience.
✅ Trade with Exness now: Open An Account or Visit Brokers 👈
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