How to Start Trading in the Exness Terminal

Access the Web Terminal

Visit the Exness Official Website:

  1. Go to the Exness official website.

Navigate to the Web Terminal:

  1. Click on the ‘Trading’ section and select ‘Web Terminal’ from the options available.

Log In

Go to the Login Page:

  1. Access the Exness Web Terminal login page.

Enter Your Account Details:

  1. Log in with your trading account details. If you don’t have an account, create one through the Exness homepage.

Familiarize Yourself with the Interface

  • Once logged in, take a moment to familiarize yourself with the layout and features of the Web Terminal.

Configure Your Trading Environment

  • Set up your trading charts, indicators, and any other tools you prefer to use.

Fund Your Account

  • Ensure your account is funded to start trading. If not, go back to your Personal Area to deposit funds.

Start Trading

Analyze the Markets:

  1. Use the provided tools to analyze market trends.

Execute Trades:

  1. Select your desired financial instruments, set order types, and manage your risk with stop loss and take profit options directly from the Web Terminal.

Main Features of the Exness Web Terminal

User Interface

Intuitive Design:

  • The Web Terminal is designed to be user-friendly, providing a clear and intuitive interface that is easy for both beginners and experienced traders.

Accessibility:

  • Accessible from any web browser without the need for additional downloads or installations.

Trading Capabilities

One-Click Trading:

  • Enables traders to execute trades with just one click, making it fast and efficient to respond to market movements.

Real-Time Quotes:

  • Displays real-time price feeds on all tradable instruments.

Tools and Resources

Charting Tools:

  • Includes advanced charting capabilities that allow traders to analyze trends and patterns using a variety of time frames and technical indicators.

Economic Calendar:

  • Integrated directly into the platform, providing traders with timely economic events that can impact the markets.

Security

Secure Log-In:

  • Uses SSL encryption to secure user data and financial transactions.

Data Privacy:

  • Ensures that all personal and financial information is kept private and secure.

Compatibility

Cross-Platform Access:

  • Works seamlessly across different devices and operating systems, ensuring traders can access their accounts whether they are on a PC, tablet, or mobile device.

Support

Help and Support:

  • Provides direct access to technical or account support from the platform.

The Exness Web Terminal is a reliable, powerful, and convenient platform for traders who need a seamless and secure web-based environment. Whether trading forex, commodities, indices, or other financial instruments, the Exness Web Terminal is an effective and productive tool for trading.

Configuring the Exness Web Terminal

To maximize the functionality of the Exness Web Terminal, configuring it to suit your trading preferences is crucial. Here’s how you can set it up for an optimal trading experience:

Customizing the Interface

Layout Adjustment

  • Arrange Panels and Windows: Organize the panels and windows within the terminal to fit your trading style. Customize the view to show charts, order books, recent trades, and news updates according to your preference.

Chart Setup

  • Chart Types: Choose between different chart types such as bar, candlestick, and line. Customize these charts further with colors and styles to enhance readability and analysis.

Adding and Customizing Indicators

Technical Indicators

  • Adding Indicators: Apply indicators like Moving Averages, RSI, MACD, and more to your charts. Customize the appearance and parameters of each indicator to match your analytical needs.

Graphical Tools

  • Using Graphical Tools: Utilize tools like trend lines, Fibonacci retracements, and support/resistance levels to analyze market trends and patterns.

Setting Preferences

Trade Setup

  • Basic Trade Parameters: Configure your default trade settings, including trade size, leverage, stop loss, and take profit levels.

Notifications

  • Alerts and Notifications: Set up alerts and notifications for price levels, technical indicator signals, or major news events to stay informed without constantly monitoring the market.

Initiating a Trade

To execute a trade on the Exness Web Terminal, follow these steps:

Select the Instrument

  • Choose Financial Instrument: Select the financial instrument you want to trade from the ‘Market Watch’ or directly from the chart.

Open the New Order Window

  • New Order: Click on the ‘New Order’ button on the toolbar or right-click on the chart and select ‘New Order’.

Set Order Details

  • Order Type: Enter the details of your trade, such as order type (buy or sell), volume (lot size), and any stop loss or take profit levels.

Execute the Trade

  • Confirm and Execute: Review your order settings and click ‘Buy’ or ‘Sell’ to execute the trade. The order will appear in the ‘Trade’ tab of the terminal.

Setting Up Pending Orders

Pending orders allow you to automatically open a trade when the market reaches a specified price:

Open the Order Window

  • New Order Window: Open the ‘New Order’ window as you would for a market order.

Choose the Order Type

  • Pending Order Type: Select the type of pending order you want to place (e.g., Buy Limit, Sell Limit, Buy Stop, Sell Stop).

Set the Price

  • Trigger Price: Specify the price at which you want the order to trigger.

Configure Additional Details

  • Additional Settings: Set the volume, and optionally, stop loss and take profit levels.

Place the Order

  • Confirm Order: Confirm and place your pending order. It will be executed automatically once the market conditions match your specified criteria.

Adjusting Orders

To modify an existing order:

Access Open Positions

  • Trade Tab: Go to the ‘Trade’ tab where your current trades are listed.

Modify the Order

  • Right-Click Order: Right-click on the order you want to modify and select ‘Modify or Delete Order’.

Adjust Settings

  • Change Details: Change the stop loss, take profit, or the entry price for pending orders. Confirm the modifications.

Closing Orders

To close an open trade:

Go to Open Trades

  • View Active Positions: Open the ‘Trade’ tab to view all active positions.

Close the Trade

  • Right-Click to Close: Right-click on the trade you wish to close and select ‘Close Order’.

Confirm Closure

  • Verify and Confirm: Verify the details and confirm to close the trade. The position will be closed at the current market price, and the results will be immediately reflected in your account balance.

By configuring and utilizing the Exness Web Terminal effectively, you can enhance your trading strategy and potentially increase your trading efficiency. Setting up your trading environment tailored to your needs and understanding how to manage orders will help you make the most of the platform’s features.

Strategies for Trading in the Exness Web Terminal

Effective trading on the Exness Web Terminal involves implementing strategies that leverage the platform’s tools and features. Here are a few strategies suited to the capabilities of the Exness Web Terminal:

Trend Following

Setup

  • Technical Indicators: Use Moving Averages (MA), Moving Average Convergence Divergence (MACD), or Ichimoku Cloud to identify the direction of the market trend.
  • Chart Analysis: Look for higher highs and higher lows in an uptrend or lower highs and lower lows in a downtrend.

Action

  • Entry Point: Enter trades in the direction of the trend. For instance, initiate a buy order when prices are trending upwards and indicators confirm the trend continuation.
  • Confirmation: Wait for confirmation from multiple indicators to ensure the trend is strong.

Management

  • Stop Loss: Set stop losses below recent lows in an uptrend or above recent highs in a downtrend to protect against market reversals.
  • Take Profit: Use trailing stops to lock in profits as the trend continues in your favor.

Range Trading

Setup

  • Identify Range Boundaries: Identify instruments that are trading within a defined range using horizontal support and resistance levels.
  • Technical Tools: Use tools like Bollinger Bands or Relative Strength Index (RSI) to identify overbought or oversold conditions within the range.

Action

  • Entry Point: Buy at the lower range of the channel when the price hits a support level and sell at the upper range when the price hits resistance.
  • Reversal Patterns: Look for reversal patterns like double tops or bottoms near the range boundaries for additional confirmation.

Management

  • Stop Loss: Use tight stop losses just outside the identified range to minimize risk if the price breaks out of the range.
  • Take Profit: Place take profit orders near the opposite boundary of the range.

Scalping

Setup

  • Short Time Frames: Focus on short time frames (1-minute to 5-minute charts) to capture small price movements.
  • Volume Indicators: Use volume indicators to identify high liquidity periods, which are ideal for scalping.

Action

  • Rapid Execution: Execute trades on minor price fluctuations, capitalizing on quick, small gains.
  • Multiple Trades: Make multiple trades throughout the day, taking advantage of small price movements.

Management

  • Tight Stops: Scalping involves setting very tight stop losses to minimize losses.
  • Quick Profits: Take profits quickly to secure small gains frequently and reduce exposure to market reversals.

News Trading

Setup

  • Economic Calendar: Utilize the integrated economic calendar in the Exness Web Terminal to track upcoming news events that might influence market prices.
  • Volatility Indicators: Use Average True Range (ATR) or Bollinger Bands to gauge potential volatility increases around news releases.

Action

  • Pre-News Planning: Plan trades based on expected news outcomes, entering trades just before the news release.
  • Market Sentiment: Monitor market sentiment and analyst predictions to gauge potential market reactions.

Management

  • Wider Stops: Be prepared for volatility; set wider stop losses to accommodate increased market movement.
  • Limit Orders: Consider using limit orders to manage entry and exit points effectively during high volatility.

Advantages and Disadvantages of Exness Web Terminal

Advantages

  • Accessibility: The platform is online-based, so it can be accessed through any internet-connected device without the need to download specialized software. This is ideal for traders who need flexibility and convenience.
  • User-Friendly Interface: The platform is designed to be user-friendly and simple to navigate, making it perfect for both beginners and experienced traders. The intuitive design helps reduce the learning curve.
  • Real-Time Data: The platform provides real-time price feeds, offering traders up-to-date market information for making informed decisions. This ensures that traders have the latest data to base their trades on.
  • Integrated Tools: In addition to built-in drawing functions, the platform includes a wide range of pre-installed technical indicators. This allows traders to conduct comprehensive market analysis without needing additional software.
  • No Maintenance: The server handles all updating and maintenance needs of the software, relieving clients from these concerns. This ensures that the platform is always up-to-date and running smoothly.

Disadvantages

  • Limited Customization: While it provides essential functionalities, the platform lacks the level of customization and extensibility found in standalone software like MT4 and MT5. Users cannot add custom scripts and indicators, which can limit advanced trading strategies.
  • Resource Intensive: The platform can be more resource-hungry than lightweight applications, potentially affecting performance on less powerful computers. This can be an issue when multiple tabs or windows are open, leading to slower performance.
  • Internet Dependency: As an online platform, its performance is heavily dependent on a stable internet connection. Any connectivity issues can affect the ability to execute trades effectively.

By understanding these strategies and the pros and cons of the Exness Web Terminal, traders can effectively utilize the platform to enhance their trading activities. Configuring the terminal to match your trading style and understanding its capabilities will help you make the most of your trading experience with Exness.

Exness MT4 and MT5 Web Terminals

Exness MT4 Web Terminal

Overview

The Exness MT4 Web Terminal brings the powerful functionality of MetaTrader 4 to a convenient web-based platform. It allows traders to access their MT4 trading accounts from any web browser without the need for downloading or installing the desktop application.

Key Features

  • Accessibility: Operates directly through the web browser, making it accessible from any device with internet connectivity.
  • Full MT4 Functionality: Offers all the core trading functions of the desktop version, including real-time quotes, trading execution, and detailed charts.
  • Technical Analysis Tools: Includes a variety of technical indicators and analytical objects such as lines, channels, shapes, and Fibonacci tools.
  • One-Click Trading: Enables quick trading capabilities, enhancing the speed and efficiency of trade execution.

Exness MT5 Web Terminal

Overview

The Exness MT5 Web Terminal extends the advanced capabilities of MetaTrader 5 to a web-based format, providing a seamless trading experience without the necessity to install additional software.

Key Features

  • Advanced Trading Features: Supports all order types provided by MT5, including market, pending, and stop orders, along with a depth of market display.
  • Enhanced Charting Tools: Comes with more timeframes, technical indicators, and graphical tools compared to MT4, offering more comprehensive analysis capabilities.
  • Economic Calendar Integration: Features an integrated economic calendar to keep traders informed about significant events that can impact market movements.
  • Multi-Asset Trading: Enables trading across different markets, including Forex, stocks, futures, and cryptocurrencies.

Comparing Exness Web Terminals to Other Trading Platforms

Accessibility

  • Exness Web Terminals (MT4 & MT5): Accessible from any device that supports a web browser, providing flexibility and convenience without the need for installations.
  • Other Platforms: Many other platforms also offer web versions, but not all provide the same level of integration and features as their desktop counterparts.

Functionality

  • Exness Web Terminals: Both terminals mirror the functionality of their respective desktop applications, ensuring that traders do not miss out on advanced features while using the web version.
  • Other Platforms: Some may have limitations in web versions, such as reduced indicators, tools, or customizable options.

User Experience

  • Exness Web Terminals: Designed to offer a user-friendly experience with tools and options neatly organized for easy navigation.
  • Other Platforms: The ease of use can vary significantly, with some platforms offering more intuitive interfaces than others.

Performance

  • Exness Web Terminals: Optimized for performance, though still dependent on internet speed and browser efficiency.
  • Other Platforms: Performance can also vary, with some web terminals not as optimized, potentially leading to slower response times during high volatility.

Conclusion

The Exness MT4 and MT5 Web Platforms provide powerful, accessible, and convenient trading solutions for those who prefer not to download applications. They offer a comprehensive set of tools that match those available on desktop versions, making them robust choices among online trading platforms. When compared to other trading options available, Exness offers an excellent combination of accessibility, performance, and user experience. This makes it a top pick for both new and experienced traders seeking reliable and efficient trading support.

FAQs on Exness Web Terminal

What is the Exness Web Terminal?

The Exness Web Terminal is a browser-based trading platform that allows traders to access their forex trading accounts without needing to download or install any software. It supports essential trading functions, including executing trades, analyzing charts, and utilizing various technical indicators, directly from a web browser.

Do I have to download anything to use the Web Terminal?

How do I access the Web Terminal?

What markets can I trade on the Web Terminal?

Can I use charting tools on the Web Terminal?

How do I place trades on the Web Terminal?

Can I access the Web Terminal on my mobile device?

Can I switch between the Web Terminal and other Exness platforms?

What are the advantages of using the Web Terminal?