Kenya — How to set up an MT5 trading account after signing up with Exness
The platform is chosen separately for every trading account. Choosing MT5 decides which terminals and apps can connect to that account later on.
Go to the Exness registration page →Exness Terminal and the Exness Trade app are the two tools Exness builds itself, and both take MT5 accounts only. MetaTrader 5 and MetaTrader WebTerminal are platforms of MetaQuotes Software Corp. that Exness gives access to. The platform is chosen per trading account in the Personal Area, while that account is being created, and that choice decides which programs open with it.
MT5 accounts in brief
MetaTrader 4 and MetaTrader 5 are electronic trading platforms developed by MetaQuotes Software Corp.; Exness provides access to trade on both, alongside its own Exness Terminal and Exness Trade app. The platform is picked when a trading account is created, and it decides which terminals and apps that account can be used with.
- Exness Terminal is compatible with all account types supported by MetaTrader 5 (Exness)
- The Exness Trade app works only with MT5 accounts; MT4 holders are sent to the MT4 mobile app instead (Exness)
- MetaTrader 5 is a trading platform developed by MetaQuotes Software Corp.; Exness provides access to trade on it
- MetaTrader WebTerminal, a browser platform by MetaQuotes, supports both MT4 and MT5 accounts (Exness Help Center)
- In certain regions MT5 accounts can only be used with the MetaTrader 5 terminal and not with Exness Terminal (Exness Help Center)
Where the platform is chosen during sign-up
The platform is not a global setting. In the Personal Area you open a new trading account and choose the platform for that account — MT4 or MT5 — together with the account type. Registration itself already leaves you with an MT5-based demo account holding 10,000 USD in virtual funds, so the tools can be inspected before you decide.
Because the platform is set on each individual trading account, the choice is made account by account rather than once for the whole profile. If the Exness apps matter to you, set the real account up on MT5 from the start. The profile itself is covered in how to sign up for Exness; this page starts from an existing login.
Exness Terminal and the Exness Trade app on an MT5 account
Exness Terminal opens from the Trade button on any MT5 account: select Exness Terminal and it loads in the browser, compatible with every account type that MetaTrader 5 supports. Time zone, theme and the default order form are adjusted in its settings, while the language is changed through the globe icon in the Personal Area.
The Exness Trade app is compatible only with MT5 accounts, and it lets you deposit and withdraw directly in the app. An MT4 account holder cannot connect to it and is redirected to the MT4 mobile app. Installation steps are covered on the page about the app that accepts MT5 accounts.
MetaTrader 5 and MetaTrader WebTerminal
MetaTrader 5 is a platform from MetaQuotes Software Corp., not an Exness product; Exness gives access to it. Its desktop and mobile terminals are installed separately from the Exness tools. Charts, indicators and order types belong to that terminal, so its layout is its own.
MetaTrader WebTerminal is the browser platform from the same developer, MetaQuotes Software Corp., and it supports MetaTrader 4 and 5 trading accounts. For an MT4 account it is the documented browser route, because Exness Terminal's compatibility is described around account types supported by MetaTrader 5. Nothing to install, but it is not the Exness-branded workspace.
Regions where MT5 accounts use only the MetaTrader 5 terminal
For certain regions, MT5-platform-based trading accounts can only be used with the MetaTrader 5 terminal on desktop and mobile, and are not supported on Exness Terminals. The regions are not listed publicly, so the practical test is the Trade button on your own account, or a trial run on the demo created at registration.
If Exness Terminal is unavailable for the account, the account is used in the MetaTrader 5 terminal instead, which is where such accounts belong. Only the program you open changes, not the account itself. When a terminal will not open the account, raise a ticket under the Exness platforms category in the Support hub.
MT5 or MT4: what changes for apps and browsers
MT4 removes the Exness Trade app from the picture and leaves the browser to MetaTrader WebTerminal. MT5 keeps both Exness-made tools, the MetaTrader 5 terminal and WebTerminal. Anyone who expects to trade from a phone in the Exness app should therefore settle on MT5 while the first trading account is being created.
Read it as three devices. Browser: Exness Terminal or WebTerminal on MT5, WebTerminal on MT4. Phone: the Exness Trade app on MT5, the MT4 mobile app on MT4. Computer: MetaTrader 5 or MetaTrader 4. Decide which device matters most before the first trading account is created.
Where an MT5 account can be opened
| Tool | Made by | Works with MT5 accounts |
|---|---|---|
| Exness Terminal (browser) | Exness | Yes, except in certain regions |
| Exness Trade app | Exness | Yes (MT5 only) |
| MetaTrader 5 terminal | MetaQuotes Software Corp. | Yes |
| MetaTrader WebTerminal | MetaQuotes Software Corp. | Yes (MT4 too) |
Sources: Exness and the Exness Help Center.