MetaTrader 4 (MT4) — Kuwait
One MetaTrader 4 window carries two moments at once: entries that were fixed in the past and will not change again, and values that are being recomputed while the window is open.
Open Exness Account →A MetaTrader 4 window shows two layers side by side. One is a record: closed trades, the journal, the candles already formed, the balance — figures that were fixed at a moment and will not change again. The other is live state: the current quote, the floating result of an open position, equity, free margin and the margin level, recomputed as prices arrive. The two are printed in the same font in the same window, which is why reading them with one glance produces a conclusion that is wrong about at least one of them.
Measured order execution — Standard
How orders actually filled when real market orders were placed on Exness’s MT5 feed — fill time, slippage and rejects by order size:
| Instrument | Order size | Avg fill | Avg slippage | Fails |
|---|---|---|---|---|
| EURUSDm | 0.01 lot | 151 ms | -0.333 pts | 0 |
| EURUSDm | 0.1 lot | 151 ms | -0.333 pts | 0 |
| EURUSDm | 1.0 lot | 146 ms | -0.333 pts | 0 |
| GBPUSDm | 0.01 lot | 141 ms | 0.667 pts | 0 |
| GBPUSDm | 0.1 lot | 130 ms | 0.0 pts | 0 |
| GBPUSDm | 1.0 lot | 135 ms | 0.333 pts | 0 |
| XAUUSDm | 0.01 lot | 141 ms | 0.0 pts | 0 |
| XAUUSDm | 0.1 lot | 151 ms | 80.0 pts | 0 |
| XAUUSDm | 1.0 lot | 130 ms | -72.333 pts | 0 |
Small sample (a few round-trips per size); indicative. The same pricing engine feeds every platform the broker offers.
MetaTrader 4 (MT4) at Exness
- The Account History tab holds finished entries — an open price, a close price and a time that are already fixed.
- The Trade tab holds live state — the current quote, the floating result of an open position, equity, free margin and the margin level.
- A chart is both layers at once: every candle to the left of the last one is a record, the rightmost candle is still forming.
- The Journal records what the program did and when; lines are added to it and never rewritten.
- Balance is a finished figure; equity is that figure with the floating result of open positions added, so it moves.
- A closed position leaves an entry that nothing happening afterwards can alter.
- A live figure that has stopped moving is not necessarily final — the market for that instrument may simply be closed.
- Connecting any Exness account type — Standard, Standard Cent, Pro, Raw Spread or Zero — changes the figures, not which layer they belong to.
Which Exness platform should you use?
| Platform | Pricing model | Suited to | Devices |
|---|---|---|---|
| MetaTrader 5 | Spread (+ commission on Raw/Zero) | Multi-asset traders who want the full toolkit | Windows, Mac, Web, iOS, Android |
| MetaTrader 4 | Spread (+ commission on Raw/Zero) | Forex traders who want the classic platform | Windows, Mac, Web, iOS, Android |
| Exness Terminal | Spread (+ commission on Raw/Zero) | Browser trading with no download | Any modern web browser |
| Exness Trade app | Spread (+ commission on Raw/Zero) | Managing trades and automatic withdrawals on the go | iOS, Android |
Processing times may vary depending on the chosen payment method.
Exness offers several platforms — choose by pricing model, what you trade and your device. All connect to the same account.
Get started
Download MetaTrader 4 (MT4) from your Personal Area area after you open an account, or try it first on a free demo.
Open Exness Account →The record layer: entries that are already finished
Closed trades, journal lines and formed candles have one property in common: reading them tomorrow gives the same answer as reading them now. Nothing is recomputed, only appended, which is what makes them usable as evidence about a moment that has passed.
Balance sits in this layer too, even though it moves. It moves in steps, when something finishes — a position closes, funds arrive or leave — and between those steps it is as fixed as any closed entry.
The live layer: figures being recomputed as you look
The quote, the floating result of an open position, equity, free margin and the margin level are all derived from the price arriving right now. Writing one of them down converts it into a record about one second, and the screen has already moved on.
This is why a live figure quoted without its moment says very little. The same window a minute later may carry a different value for every row in this layer while every row in the other layer is untouched.
Where the two layers touch and mislead
Balance and equity are the classic pair: two figures a few pixels apart, one fixed and one moving, and the gap between them is simply the floating result of what is still open. Read as though both belonged to the same moment, that gap looks like an error.
A chart mixes the layers along its horizontal axis, and a closed market hides the distinction altogether — every live figure freezes and starts to look like a record until trading resumes.
Separating the two layers before drawing a conclusion
- Name the figure being read and place it in one of the two layers.
- If it is a record, note the moment it was fixed — it answers a question about that moment and no other.
- If it is live state, treat it as already out of date the moment it is written down.
- Do not subtract a live figure from a recorded one without stating which moment each belongs to.
- When a live figure stops moving, check whether that instrument is trading before treating the value as settled.
Most contradictions between two figures on one screen turn out to be a difference of moment, not of arithmetic.
Which layer a figure on the MT4 screen belongs to
| Figure on the screen | Layer | Does it change while the window stays open? |
|---|---|---|
| Open and close price of a closed trade | Record | No |
| Time stamps in Account History | Record | No |
| Journal lines | Record | No — new lines are appended |
| Candles to the left of the last one | Record | No |
| Balance | Record | Only when a position closes or funds move |
| Current bid and ask | Live state | Yes, with every tick |
| Floating result of an open position | Live state | Yes |
| Equity, free margin and margin level | Live state | Yes |
| The rightmost candle | Live state | Yes, until its period ends |
A figure from the left column and a figure from the right column answer questions about different moments.