What is Exness MetaTrader 5?
The MetaTrader 5 (MT5) tool is not just for trading, it’s an all-in-one powerhouse. Traders use it for forex, stocks, and stuff like that all in one place. MT5 is great because it can work with many different trading styles and has strong tools to help you trade just the way you want.
MT5 has lots of tools to look at things, with over 80 tricky things, special graphics, and good chart choices. These things are key for traders who need to look at data to help with their trades.
On your phone, the Exness MT5 app makes trading on the go easy. You have full control and can get to all the key things you need. It has over 30 tools to look at things, it supports all the big tricky things, and can deal with all order types. This just makes it easy to grab chances in the market, no matter where you are.
Download Guide for Exness MT5 Platform
Get started by installing the Exness MetaTrader 5 (MT5) on your Windows, Android, or iOS devices. This will give you access to a powerful trading platform.
Exness MT5 for Windows
- Go to Exness site and get MT5 for Windows.
- Open the downloaded file from your browser or find it in your downloads folder and double-click to start installing.
- Tap ‘Settings’ to change the installation place or tap ‘Next’ to agree to the terms and proceed with the default settings.
- Do as it asks and then tap ‘Finish’ to open MT5.
- If it asks to create an account, tap ‘Cancel’ and sign in with your Exness account.
Exness MT5 for Android
- Go to the Exness site on your Android and get the MT5 app.
- Open the app and go to ‘Manage Accounts’ from the main menu.
- Tap the ‘+’ sign, pick ‘Login to an old account’.
- Type “Exness Technologies Ltd” and pick the right trading server. Then, put your trading account number and password.
- Tap ‘Sign In’ to add your account to the Accounts tab and begin trading.
Exness MT5 for iOS
- Get the MT5 app from Exness on your Apple phone or tablet.
- Start the app and go to ‘Manage Accounts’ from the main list.
- Tap the ‘+’ sign, then pick ‘Login to an existing account’.
- Type “Exness” for the company name and choose your trading server.
- Add your trading account number and password.
- Tap ‘Sign In’ to put your account on the Accounts tab and start trading.
How Do I Configure Exness MetaTrader 5
To maximise the potential of the MetaTrader 5 (MT5) platform, configuring it to suit your specific trading preferences is crucial. This involves customising a variety of settings that will define your trading experience.
Quick Settings Guide
- Tools Menu: Go to ‘Tools’ > ‘Options’ to adjust interface settings, trading preferences, and notifications.
- File: Manage chart files and account logins.
- View: Change platform layout and language under ‘View > Languages’.
- Insert: Add indicators, graphical objects, and scripts to charts.
- Charts: Customise chart types, timeframes, and visual styles through ‘Charts > Properties’.
- Tools: Activate one-click trading, news feeds, and algorithmic trading.
- Window: Arrange multiple chart windows for better market tracking.
- Help: Access help for troubleshooting and platform use tips.
Market Watch Customization
- Manage visible instruments by right-clicking and selecting ‘Symbols’.
- Add or remove instruments to fit your market focus by double-clicking to add or right-clicking to hide.
Navigator Functionality
- Quickly access and manage accounts, indicators, and scripts.
- Drag and drop tools onto charts and set up automated trading with EAs.
Charts Configuration
- Personalise charts by adjusting types, colours, and data displays.
- Manage settings like ask lines and grids to tailor analysis needs.
Toolbox Insights
- Trade Panel: Track trades, view account details, and manage orders.
- History Log: Check past transactions and trading performance.
- Alerts and Notifications: Customise alerts and receive important updates.
- Experts and Journal: Manage EAs and monitor platform operations
Getting Started with MetaTrader 5 (MT5) on Windows
After installing MT5, you’re poised to take full advantage of one of the most powerful trading platforms available. Here’s a step-by-step guide to ensure you’re set up properly and ready to engage with the markets effectively.
Creating an Exness Account
Before you can start trading, you’ll need an Exness trading account:
- Visit the Exness website and click the ‘Register’ button.
- Fill in the required personal details and complete the verification process to secure your account.
Installing MT5
With your account ready, it’s time to get MT5 up and running on your Windows PC:
- Head to the Exness website, find the MT5 software under the ‘Platforms’ section, and download it to your Windows computer.
- Open the downloaded file, choose ‘Settings’ if you need to change the install location, or just hit ‘Next’ to accept the terms and continue.
- Click ‘Finish’ once the installation completes. MT5 will open automatically. Close any ‘Open an account’ prompts by clicking ‘Cancel’.
Logging into MT5
To connect your Exness account with MT5:
- From the top menu, select ‘File’ > ‘Login to Trade Account’.
- Type in your account login, password, and server information from the Exness Personal Area. Hit ‘Login’.
- Listen for a sound alert that confirms you’re logged in.
Switching Between Trading Accounts
If you operate multiple accounts:
- Click ‘File’ > ‘Login to Trade Account’.
- Type in another account’s details and check ‘Save password’ for quicker future logins.
Adding Funds to Your Account
To deposit funds:
- Log into the Exness Personal Area on the website.
- Choose the account you want to fund.
- Follow the prompts to select your deposit method and complete the transaction.
Start Trading
Now that you’re all set up:
- Find the instrument you want to trade in the ‘Market Watch’ window.
- Double-click the instrument or drag it onto the chart to prepare for trading.
- Choose between market orders for immediate execution or pending orders for delayed entry at a desired price.
Managing Orders
- Market Orders: Specify the number of lots and click ‘Buy’ or ‘Sell’ to execute at current market prices.
- Pending Orders: Set the price at which you want to enter the market. The order will execute once that price is reached.
Trading Options on Exness MT5
With Exness MT5, you have access to a diverse range of trading instruments, from forex and metals to stocks, energies, indices, and cryptocurrencies.
Forex
- Over 100 currency pairs including majors like EURUSD, GBPUSD, and USDJPY, as well as minors and exotics.
- Up to 1:2000, enabling significant market exposure.
- Available 24/5, matching the global forex market operations.
Metals
- Trade gold and silver in currency pair forms like XAUUSD, XAUEUR, and more. Platinum and palladium are also available.
- Metals are often seen as safe havens in volatile markets.
Energies
- Trade popular commodities such as Brent crude oil (UKOIL), WTI crude oil (USOIL), and natural gas (XNGUSD).
- Benefit from Exness’s competitive conditions for energy trading.
Stocks
- Trade CFDs on a wide variety of global stocks from sectors like technology (e.g., APPL, META), consumer discretionary (e.g., TSLA), and consumer staples (e.g., KO).
- Engage with both rising and falling markets through CFDs.
Indices
- Trade major global indices such as the Dow Jones, NASDAQ, FTSE 100, and NIKKEI 225.
- Indices offer a way to diversify and manage risks in your investment strategy.
Cryptocurrencies
- Trade popular cryptocurrencies including Bitcoin, Ethereum, and Litecoin across various pairs like BTCUSD and BTCJPY.
- Engage with one of the fastest-moving investment sectors.
Benefits of Using Exness MT5 Platform
MetaEditor
- Integrated Development: Create trading robots and technical indicators with the MetaEditor, which is seamlessly integrated with MT5.
- Instant Implementation: Any new programs you develop are immediately available in your MetaTrader 5, ready to be executed on the platform.
Hedging System
- Flexible Trading: Utilise the hedging mode in MetaTrader 5 to open multiple, even contradictory, positions on the same instrument.
- Risk Management: This feature allows for sophisticated risk management strategies by balancing positions that may offset each other.
Fundamental Analysis
- Market Insights: Leverage the built-in Economic Calendar on MT5 to stay updated with crucial news events and their potential impacts on the markets.
- Informed Decisions: Fundamental analysis tools help you grasp market dynamics and make well-informed trading decisions based on economic indicators and forecasts.
Indicators & Analytical Object Tools
- Advanced Analytics: Enhance your market analysis with 38 built-in indicators, 22 analytical tools, and 46 graphical objects available on the platform.
- Improved Accuracy: These tools are designed to help you analyze complex market trends and patterns, improving the accuracy of your trading strategies.
Exness MetaTrader 5 WebTerminal
For traders seeking convenience without the need for software installation, the Exness MetaTrader 5 WebTerminal is an ideal choice. This web-based platform mirrors the functionalities of the desktop version, offering a seamless trading experience directly through your internet browser.
Key Features of the MT5 WebTerminal:
| Feature | Description |
| Platform Availability | Accessible on Windows, Linux, macOS, iOS, and Android. This broad compatibility ensures trading on virtually any device with an internet connection. |
| Supported Account Types | Supports all MT5 account types, offering flexibility for various trading strategies. |
| Chart Types | Candlestick Charts: Detailed price movements within specific time frames. |
| Bar Charts: Straightforward visual representation of price movements. | |
| Line Charts: Ideal for viewing general price trends. | |
| Pending Orders | Buy Limit, Buy Stop: Buy at a price lower or higher than current market levels. |
| Sell Limit, Sell Stop: Sell at a price higher or lower than current market prices. | |
| Buy Stop Limit, Sell Stop Limit: More precise order execution control. | |
| Take Profit, Stop Loss: Automatically lock in profits and limit losses. |
Tips to Optimising MT5 Trading
Enhancing your trading on the Exness MT5 platform involves a few strategic practices that can significantly improve your performance. Here’s how you can optimise your trading experience:
- Configure the layout and tools within MT5 to fit your trading style and preferences, ensuring everything you need is accessible for quick decision-making.
- Enable alerts for price movements or market changes relevant to your trades. This ensures you’re always aware of significant changes without constantly monitoring the markets.
- Engage with an Exness demo account to test and refine your strategies in a risk-free environment. This is crucial for beginners and useful for testing new strategies if you’re experienced.
- Regularly consult MT5’s integrated news feeds and economic calendar. Being informed about major economic events helps you anticipate market movements and adjust your strategies accordingly.
Summary
The Exness MT5 platform is engineered to support traders of all skill levels with its extensive array of trading tools and user-friendly interface. It’s perfect for diving into markets like forex, stocks, and cryptocurrencies, equipped with all the necessary features to tackle the complexities of online trading. From customizable workspaces and real-time alerts to demo accounts, MT5 helps you refine your trading skills and improve your decision-making.
Start your trading journey with Exness and harness the advanced functionalities of the MT5 platform. Utilise its robust features to achieve your trading goals and navigate the financial markets more effectively.
FAQs
Where can I download the Exness MT5 platform?
You can download the Exness MT5 platform directly from the Exness website. Go to the ‘Platforms’ or ‘Tools’ section where you will find the download links for MT5 compatible with various operating systems including Windows, macOS, and Linux.