With Exness MT5, you can trade in a variety of ways, both on the market exchange and directly with others. This platform works fast, has many tools that help in making decisions, allows you to use trading bots, allows copying trades of others, and also has apps for trading.
What is Exness MT5?
Exness MT5 is a comprehensive platform that takes care of various trading needs. Apart from Forex, it allows trading in options, futures, and stock markets. It has the features traders love: real-time price feeds, breaking news, tons of symbols, and auto-trading capabilities. At the heart of its design is the MQL5 programming language, which provides traders with the ability to create their own Expert Advisors (EAs). Think of EAs as trading auto-pilots without constant input from the user.
A key feature of Exness MetaTrader 5 is that it understands a wide variety of order types. Users can quickly place buy or sell orders, set orders for future actions, and the like. The Exness platform intuitively supports various trade completion methods, and its symbols and analytical tools are comprehensive, helping traders make informed decisions. Additionally, for those who are keen on automation, it offers robust tools for designing and implementing trading strategies.
Exness MetaTrader 5 also offers additional ways to analyze the financial markets, including more time frames, more symbols, and more tools. It has a built-in economic calendar that contains all the major economic events that can impact the financial market. You can also use social trading features to follow other successful traders and copy their trades.
Downloading Exness MT5: Steps for different devices
To seamlessly download Exness MT5 on any device, the process is the same and simple. Visit the Exness app download page to learn the exact steps to customize it for your device.
MT5 for PC
- Visit the official Exness website.
- Go to the “Platform” section and select “MetaTrader 5”.
- Click on “Download MT5 for PC”. It should start downloading.
- Once downloaded, find the installation file in your Downloads folder.
- Double-click the installation file to start setting it up.
- A window will open. Click Next to continue.
- Take a moment to read and agree to the license terms, then click “Next.”
- Choose where to install it or leave it as is, then click “Next.”
- Choose a name for the programs group in the Start menu, then click “Next.”
- Review your choices and click “Next” to begin installing.
- Wait for it to finish, then click “Finish”.
- You can now open MT5 from your desktop or Start menu.
MT5 for PC provides you with all the tools you need for advanced trading, including technical analysis and automated trading.
MT5 for Android
- Open Google Play Store on your Android device.
- Tap the search bar at the top and type “Exness MT5”.
- From the search results, tap on Exness MT5 app.
- Tap “Install” to get and install the app.
- Once it’s installed, tap “Open” to launch it.
- Log in with your Exness account or create one if you don’t have one.
Exness MT5 on Android lets you trade from anywhere on your phone or tablet and provides market data, charts and trading tools.
MT5 for iOS
- Open the App Store on your iOS device.
- Tap on the search icon below and search for “Exness MT5”.
- From the search results, tap on Exness MT5 app.
- Tap “Get” to download and install the app.
- After installing it, tap “Open” to launch it.
- Log in with your Exness account or create a new account if necessary.
The iOS version of Exness MT5 offers various order types, account monitoring, trade history and easy trading from your iPhone or iPad.
MT5 for Mac
- Visit the official Exness website.
- Go to the “Platform” section and select “MetaTrader 5”.
- Click “Download MT5 for Mac”. It will start downloading.
- Once it’s downloaded, find the installation file in your Downloads folder.
- Double-click the installation file to begin setup.
- A setup window will appear. Click “Continue” to proceed.
- Read the license agreement, accept it, and then click “Continue.”
- Choose where to install MT5 or leave it as is, then click “Continue”.
- Check your preferences and click “Install” to begin the setup process.
- Wait for the installation to finish, then click “Close”.
- You can now open MT5 from your Applications folder.
MetaTrader 5 for MAC allows you to trade from the comfort of your Apple computer, providing all the features you need for efficient trading.
Getting Started with Exness MT5
Getting started with Exness MetaTrader 5 involves a few main steps: creating an Exness account, logging into MT5, adding funds to your account, and placing your first trade. Here’s a detailed guide on how to do each:
Creating an Exness Account
Creating an Exness account is the first step towards trading with Exness MT5. The process involves providing some basic personal information and agreeing to the terms and conditions of the platform.
- Go to the official Exness website.
- Press the “Register” button, usually found at the top right of the page.
- You need to enter basic information like your name, email address and contact number.
- Set a strong password for your account.
- Review and agree to the terms, then click “Register“.
- You will receive a confirmation email. Click the link in the email to confirm your account.
Logging in to MT5
Once you have created your Exness account, you will need to log in to the MT5 platform. Here you will conduct your business activities.
- Open the MT5 platform on your device.
- Click on “File” in the menu bar, then select “Login to Trade Account”.
- Enter your Exness account credentials (which you set at the time of registration).
- Select the server provided by Exness (you can see this information in the email you receive after registration).
- Click on “Login”.
Adding money to your account
After logging in to MT5, you need to add funds to your account. These are the funds you will use to trade on the platform.
- Log in to your Exness personal area.
- Go to the “Deposit” section.
- Select your desired payment option from the available options.
- Enter the amount you want to deposit into Exness and any other required information, then click “Confirm”.
- Follow the guidelines given for your selected payment option.
Make your first trade
- Open MT5 and log in if you haven’t already.
- In the “Market Watch” window, select the asset you want to trade.
- Right click on it and select “New Order”.
- In the order window, set the order type, trade volume, and stop loss/take profit levels if needed.
- Click on “Place Order”.
Remember, trading involves risk and it is important to understand these risks before commencing trading operations. To minimize risks in trading, it is important to choose the appropriate Exness account type that suits your experience and financial capacity. Additionally, diversify your investments across different assets, use stop-loss orders and carefully manage position sizes to minimize potential losses. Ensure to check the Exness minimum deposit requirements when selecting your account type.
Using Exness MT5
Exness MetaTrader 5 (MT5) is a revolutionary, multi-asset trading platform that offers superior tools for comprehensive price analysis, using algorithmic trading applications and copy trading. The platform is designed to enhance your trading experience, offering more features and capabilities than its predecessor, MetaTrader 4 (MT4).
Equipment and Facilities
Exness MT5 is equipped with over 80 technical analysis tools and advanced charting capabilities that can help you analyze the price movements of financial instruments. The platform offers 21 timeframes for charting, ranging from one minute to one month, allowing you to fine-tune your analysis and identify market trends.
One of the main features of MT5 is market depth support. This feature provides real-time information about market liquidity by displaying the volume of buy and sell orders at different price levels. This allows the trader to view supply and demand at different prices and make informed decisions based on this data.
The platform also supports automated trading through Expert Advisors (EAs). EAs are programs that allow automation of analytical and trading processes. They can open and close trades based on predefined parameters, making it easier for traders to implement their strategies.
In addition, Exness offers a comprehensive news feed and economic calendar directly on the platform. These features help traders stay up to date with important financial news and economic events that may impact their trading.
Trading tips and techniques
Trading with Exness MT5 requires a strategic approach. Here are some tips to help you maximize your trading experience:
- Use Technical Indicators: The platform offers a wide range of technical indicators such as Moving Averages, Bollinger Bands, MACD, RSI and more. These indicators can help you spot trends and identify trade entry and exit points.
- Use Expert Advisors (EAs): EAs can automate your trading strategies. They can execute trades based on predefined parameters, eliminating the need for manual intervention.
- Practice risk management: Always set stop-loss and take-profit levels for your trades. This allows you to manage your risk effectively.
- Stay up to date with market news: Stay up to date with important financial news and economic events using the integrated news feed and economic calendar.
- Use demo accounts: Practice your strategies on the Exness demo account before starting to trade live. This allows you to better understand the platform, without risking real money.
Finding Help and Support
Exness provides strong support to its MT5 users. If you encounter problems or need guidance on specific tasks, contact the Exness support team via live chat or email. They are ready to address your queries or challenges 24/7.
But there’s more. Exness goes beyond just support. They provide learning tools such as webinars, how-to videos, articles, and lessonplans to sharpen their understanding of the platform and their trading skills. The content ranges from trading fundamentals to expert techniques.
Always remember, success in trading comes from continuous learning. Stay updated about market changes, fine-tune your trading strategy and always ask for help when you need it. Exness stands with you throughout your journey. You can also check out the Exness FAQ page for quick answers to common questions. Learn more about trading legality with Exness in India to ensure compliance with local regulations.
FAQ about MT5
How do I log in to MT5?
Logging in to MT5 involves opening the MT5 platform, clicking ‘File’ in the top menu and then selecting ‘Login to trading account’. You will need to enter your trading account login credentials, including account number and password, as well as server name.