The Exness Trader app offers a built-in trading terminal that has been developed by our in-house developers from scratch. You can use this to trade on your MT5 accounts (both demo and real), without having to download a trading platform app separately.

If you intend on trading on MT4 accounts, you will need to download the MT4 mobile application from Google Play or the App Store to trade.

Let us get to know the built-in trading terminal. In this article, we will be covering:

• Trade tab
  • Top Menu functions
  • Accessing instruments
  • Charts
  • How to place a trade
  • Requotes
  • How to close a trade
  • Partial closing
• Exit trading terminal

Trade tab

Tap the Trade tab to place a trade on an instrument of your choice. Note that in-app trading is available for MT5 accounts only. If you are logged in to an MT4 account, you will be redirected to log in/download the MT4 mobile application on your phone.

The application saves your login details when you create an account; thus there is no need to enter your login details separately.

Top Menu functions

At the top of the Trade tab page is the account box. Let us take a look at some of the features you can find here:

• Your account details like account number, account type and trading platform (MT4 or MT5) are specified here.
• Free Margin is displayed for your reference. Tap on the information icon* to find details of other parameters such as Balance, Equity, Margin, etc.
• Deposit, Withdraw and Transfer options are also available at the bottom of this screen for easy access.
• Tap on the account box to open the list of accounts categorized into Real and Demo accounts. You can switch accounts from this screen.
• You can also create a new account by tapping on the plus icon.

*Information icon is only available for clients selecting an MT5 account.

Accessing instruments

All instruments available for trading can be found under the Trade tab, neatly categorized into categories for your convenience. You can also mark an instrument as a ‘favorite’ by swiping on it and hitting the star icon.

Once starred, these favorite instruments can be found under the Favorites category.

You can also remove an instrument from your favorites list by tapping the star icon to unselect.

You can view the number of open orders under each instrument in your list as well as their total profit or loss.

You can terminate the order by clicking on the Close button.

Sorting instruments

You can arrange the instruments in your list (except for instruments in the Favourites, Top movers, and Popular tabs) by sorting the instruments. Use the Sort by dropdown to display the instrument list by the following order:

• Popularity - Instruments that are most often traded.
• Daily Change - Instruments with the highest and lowest percentage (%) of change since the opening above.
• Ticker - Instrument name in ascending or descending order.

Charts

Accessing a chart can be done by simply tapping on the instrument of choice. Note that only one chart can be displayed at a time. In order to switch to a different chart, you will need to choose a different instrument from the dropdown menu.

Some of the functions you can find on a chart are:

1. Change chart type - You can change the type of chart by clicking the chart icon on the bottom. iOS users can access line and candle charts while Android users can use line, candle and bar charts.
   

   

2. Market trend and insights from Trading Central are displayed on the chart itself for your reference. Tap on the icon to read the entire article.
   

   

3. Timeframes icon provides access to switching between the various available timeframes with a single tap.
   

   

4. Indicators menu provides access to pre-installed indicators (TC indicator, Moving Average, Bolinger bands, and Parabolic SAR). Tapping on the eye icon will make the indicators appear and disappear on the chart.
   1. To edit an indicator, first show all indicators. Then tap on the individual indicator to modify its settings.
      

      

5. The top of the chart provides quick access to the following functions:
   1. Order history
   2. Alerts
   3. Trader’s calculator
   
   

   

The chart window also has two other tabs:

1. Overview - This tab houses the trading signals and trends for the particular instrument being viewed. Upon scrolling down you can also find upcoming events from the economic calendar which may affect the instrument’s market performance.
2. Specification - This tab provides access to the complete contract specifications of the instrument, so you will not have to leave the application to go look for it elsewhere.

Special mention : If you access the chart at a time when the market is closed, you will be able to see a notification at the bottom of the page specifying when the market will open. You can tap Notify me to set up an alert for it.

How to place a trade

Here is how to go about:

1. Go to the Trade tab and choose an instrument you wish to trade.
2. Tap on the instrument to open up its chart. Locate the Sell and Buy buttons on the screen. The spread is displayed in a small box in between the selling and buying prices.
3. Select the type of order you want to place and then tap Sell or Buy. This will open up the order window.
4. Set up the desired trading volume under Lots. The Margin will be displayed under the trading volume to give you an idea of how much funds will be held.
5. If you would like to also set up Take Profit (TP) and Stop Loss (SL) or change the order type to pending order, tap on Order Settings. Note that setting up TP and SL is optional.
6. Hit Confirm to place the order.
7. You will see a notification on the chart showing your trade was placed.

Requotes

When placing/closing a market order on an instrument using instant execution (Pro accounts), if the requested price is not available, the system will display a requote with the new set of available prices.

Requote when opening a trade: Shows the new set of prices which need to be confirmed.

Requote when closing a trade: Shows the new set of prices and the projected profit or loss.

How to close a trade

To close a trade:

1. Locate the trade from the list of open orders which can be found in the Accounts page.
2. Tap on an order and hit the Close order button when ready to close.
3. Alternatively, you can also view the chart and find the orders listed on top of the chart. Hit ‘x’ and Confirm to close the trade. On the mobile app, simply swipe the instrument to close all orders on it.

Partial closing

If you wish to close only a part of your existing trade, this is known as partial closing. In order to partially close an order:

1. Locate the order and tap it to bring up the order details.
2. Tap the Partial close tab and set up the volume you would like to close. Note that this needs to be lesser than the order volume.
3. Check the current prices and hit Confirm to close a part of the existing order.

Exit trading terminal

To exit the terminal, drag the chart window down to bring back the Trade Tab view with the account box and instruments.