What is MetaTrader 5 (MT5)?
MT5 is a trading platform. MT5 was developed by MetaQuotes Software in 2010. Traders are refacing MetaTrader 5 because of its basic performance but highly developed. MT5 on the other hand trades currencies, stocks, commodities and a larger range of assets. Charts and technical indicators are good, automated trading in the same place. Trading with EAs in MetaTrader 5 There are many types of Order and Trading System that Platform has. MT5 is also very reliable and configurable. Trade with MT5 on Exness.
Why Choose MT5 for Trading with Exness?
Exness offers MT5 platform to clients. Reasons to choose Exness MT5:
- Advanced tools for charting, automated strategies, risk management.
- Multi-asset trading – forex, stocks, indices, commodities.
- Security with encryption protects accounts and trades.
- Educational webinars, articles, videos build knowledge.
- Excellent customer support team assists traders.
Exness MT5 gives complete trading platform from trusted broker. Ensures smooth, secure trading experience.
How to Download Exness MT5
The trading platform is available for download on the Exness site – to all popular operating systems. Here are the steps to do the same for your Platform.
Downloading MT5 on Windows
Windows users:
- Go to “Platforms” – “MetaTrader 5” on Exness website.
- Click on a link to download MetaTrader 5 file for Window.
- Save .exe file.
- Run .exe file.
- Follow installation wizard.
- Accept license terms.
- Choose where to install.
- After install, log in and trade.
Downloading MT5 on MacOS
MT5 is available to download for Mac traders directly from the Exness site, too. So head over to “Platforms” → “MetaTrader 5”. A disk image file (dmg) for MacOS Just double-click the previously downloaded image to mount it, and run the installation package of MT5 from within. The package will extract the needed files and install the app in your Applications folder. Open it up and sign in with your Exness account
Downloading MT5 on iOS
In the case of iOS mobile devices, say iPhone & iPad, you can download MetaTrader 5 from the Apple App Store. It’s a free download. After installation, just open the app and then provide your account details for Exness. If the web admin allows it, you could enable optional features such as a fingerprint login and additional ease-of-access and security measures.
Downloading MT5 on Android
MetaTrader 5 (MT5) for Android – available on Google Play Store for Android users Follow these steps:
- Go to the Google Play Store
- Type in “MetaTrader 5” and choose the app
- Click on “Install” for a free download of the app
- Open the MT5 App after installation.
- Login with your Exness account
Logging into Your Exness Account on MT5
You’ve downloaded and installed the MT5 platform, now it’s time to connect to Exness account.
- Launch MetaTrader 5.
- Enter Exness account login details.
- Add new Exness account later:
- Go to File menu.
- Choose “Add Account”.
- Enter account number and password.
- Save login details for quick access. Or enter details each time for security.
Using Exness MT5 for Trading
With the MT5 platform downloaded and your account set up, you’re ready to start trading through Exness. While MT5 is packed with advanced features, its core trading functionality is intuitive even for beginners.
Navigating the MT5 Interface
When you first launch MT5, the interface may look daunting with all its windows and buttons. But it quickly becomes familiar. The main areas are the Market Watch for browsing instruments, the Charts for analyzing prices, the Terminal for order entry, and the Toolbox full of indicators and experts. User-friendly menus along the top allow accessing other tools.
Don’t worry about remembering everything at first. Take your time exploring MT5’s different views and capabilities. Most trading activities are logically grouped under the Tools and Trade menus.
Placing Trades on MT5
To execute a trade, simply find the instrument you want in Market Watch, right-click and select “New Order” or use the corresponding shortcut. The Order Entry window will pop up. Choose your order type (market, limit, etc.), entry price if applicable, and trade size. Review everything carefully before placing the order.
You can also drag-and-drop instruments onto a chart to initiate orders from there. Pending and Stop Loss/Take Profit orders are easily set this way with just a few clicks.
Managing Open Positions
All your currently open trades will be listed in the Terminal window’s Trade tab. Monitor their live status there. To modify or close any positions, just select it and use the buttons along the top. You can change order details, set exit points, activate trailing stops, and perform other risk management actions.
Using Charts and Indicators
Analyzing price charts is vital for making informed trades. MT5 offers incredible flexibility for technical analysis. Easily change chart types, timeframes, and apply hundreds of popular indicators like moving averages, Fibonacci tools, oscillators and more from the Indicators list.
Experiment to find the indicators and visuals that best fit your trading style and strategies. Remember to customize chart appearance settings for optimal viewing on your device.
Customizing the Trading Platform
Speaking of customization, one of MT5’s great strengths is how easy it is to configure the entire platform experience. From menu settings to color schemes, workspaces to automated EAs, every component can be tailored precisely to your preferences.
Create multiple profiles with distinct setups for different trading scenarios or asset classes. Save your favorite tools and window layouts as custom workspace templates. MT5 puts comprehensive personalization power at your fingertips.
Exness’ MetaTrader 5 platform covers the full trading process with rich features. But you’re in control of keeping things as simple or advanced as makes you comfortable. With practice, it can turn into a trading workspace ideally suited just for you.
What Is Available for Trading in the Exness MetaTrader 5 Terminal
The Exness MetaTrader 5 platform gives access to trade a wide range of financial instruments across multiple asset classes. While forex currency pairs are the most popular products, MT5 also supports stocks, stock indices, commodities, metals, energies and more.
For forex traders, all the major pairs like EUR/USD, GBP/USD and USD/JPY are available, along with numerous crosses and exotic currencies. Stocks include top companies from the US, Europe and Asia. The commodity list covers agricultural products, precious metals like gold and silver, as well as crude oil and natural gas.
No matter what you want to trade, chances are Exness offers it through MT5. The platform’s multi-asset capability is one of its biggest strengths compared to other forex-only terminals. Having everything in one convenient place simplifies portfolio management.
How MetaTrader 5 Is Better Than MetaTrader 4 and Exness WebTerminal
While Exness provides multiple quality trading platforms, many consider MetaTrader 5 to be the superior option overall. Here are some key advantages MT5 has:
Versus MT4:
- Supports more asset classes beyond just forex
- Better charting tools and timeframes
- More order types and trade execution modes
- Built-in exchange connectivity and depth of market
- Improved strategy testing and optimization features
Versus Exness WebTerminal:
- Full functionality whether online or not
- No need for constant internet connection
- More customization of workspace layouts
- Access to automated expert advisors (EAs)
- Additional analytical tools and add-ons
MT5 successfully builds upon MT4’s popularity by expanding its multi-asset capabilities while adding innovative new features for modern traders. And compared to web-based platforms, the desktop MT5 terminal provides reliability, customization and tools that browser versions can’t match.
Of course, each platform has strengths. But for versatility in a robust trading package, the edge goes to MetaTrader 5 from Exness. Its rich yet user-friendly design makes it a top choice for active traders of all skill levels.
FAQs
Getting started with Exness MT5 is straightforward, but users sometimes have a few common questions. Here are some quick answers to those frequently asked queries:
How do I download Exness MT5 on Windows?
For Windows PCs, simply head to the “Platforms” – “MetaTrader 5” area of the Exness website. There you’ll find the download link to get the MT5 installation file in .exe format. Save that executable file, then run it to launch the install wizard. Follow the prompts to complete the quick installation process.