What is Exness MT5?

Exness MT5 platform has a simple design

Exness MT5, short for MetaTrader 5, is the latest version of the popular MetaTrader series developed by METAQUOTES SOFTWARE CORP. Exness is a intercontinental retail forex and CFD broker, best known for providing the MT4 trading platform. Through it, traders can trade in financial instruments ranging from the US dollar and euro to gold or company stocks.

The Exness MT5 platform has a simple design but many useful features. Traders can see up-to-date market prices and study price charts. The platform also has tools to help traders make good decisions. Exness MT5 shows important financial news and lets advanced traders create their own trading programs. This makes Exness MT5 a good choice for both beginners and experienced traders in the forex and stock markets.

Downloading and Installing Exness MetaTrader 5

The Exness MetaTrader 5 terminal is downloaded and installed from the Exness website or app store simply by selecting MetaTrader 5 and pressing the download instructions that appear. Install the platform, open it, log in with your Exness account, and begin using it immediately to explore its trading tools.

System Requirements

For Windows:

  • Windows 7 or higher
  • 1 GHz processor
  • 1 GB RAM
  • 320 MB free hard disk space
  • 56 Kbps (Kilo-bits per second) Internet connection speed or higher

For Mac:

  • macOS 10.12 or higher
  • 1.5 GHz processor
  • 2 GB RAM
  • 250 MB free hard disk space
  • Stable internet connection

Download for PC (Windows/Mac)

You can download MetaTrader 5 for Windows or Mac from the official site.

MetaTrader 5 for Windows

  1. Head over to the brokers website and search for a tab named ‘Platform’.
  2. Then you will see the PC options and click on “MetaTrader 5”.
  3. Click the “Download MetaTrader 5” button.
  4. Open the downloaded file and follow the setup instructions.
  5. Once you download and install the MT5, open it up and add personal details.
Windows

MetaTrader 5 for Mac

  1. Install a Windows emulator on your Mac, such as Wine
  2. Navigate to the “Platforms” section on the Exness website.
  3. Select “MetaTrader 5” from the available options.
  4. Choose “Download MetaTrader 5” and let file download in your computer.
  5. Run the installation file with Windows simulator.
  6. After the installation finishes, launch MT5 and login with your username.
MacOS

Download for Mobile (iOS/Android)

The Exness MT5 Mobile App is optimized for both iOS and Android platforms, and it’s free to download on the App Store and Google Play Store.

MetaTrader 5 for Android Mobile

You can install MT5 for Android by navigating to the Exness broker website and going on “Platforms” section. Select MetaTrader 5 Mobile, then click on the APK button and get a QR code. Read and scan the QR code into google play store page. Click “Install,” and, when the installation is finished, open the app – there you will log in with your account.

Android

MetaTrader 5 Mobile iOS App

If you are using an iOS phone, access the broker website. Click on the list of all platforms, and select “MetaTrader 5 Mobile.” You’ ll need to take a photo of the QR code with your iPhone or iPad. This will open the App Store. The app will install and open, after that you need to log in the app and select any asset. After this click on buy or sell button from bottom tab start trading.

Ios

How to Start Using Exness MetaTrader 5

To start trading on Exness MetaTrader 5, download and install the terminal from the official website or app store of Exness. Then, log in with your Exness account, configure your preferred account settings, explore available tools and charts, and begin trading efficiently. When you are ready to familiarize yourself with trading on MetaTrader 5, it is advisable to familiarize yourself with the process of withdrawing funds from Exness.

Creating an Exness Account

To set up a MetaTrader 5 account, you need to go on the website, find a place where they fill out information. Put your name and Email and select account type. To be able to create an account, the user needs to go to the official website of Exness and press “Sign Up”. Then, a new user will be requested to insert his/her email address, set up a password, and select his/her country. Further, verification via email is required. Then, a new user needs to select the type of Exness trading account and confirm his/her personality, attaching the documents. Finally, after this, the user gets access to the trading platform.

Logging into Exness MT5

To login to Exness MetaTrader 5 account, follow these steps:

  1. Go to your personal area and open My Accounts. Click on Real or Demo, based on your account type.
  2. Select your MT5 account. Be careful not to choose an account for a different platform.
  3. Click the yellow “Trade” button and choose Metatrader 5.
  4. Note down your Server and Login information. Remember your password.
  5. Open the MT5 platform. If a login window doesn’t appear, go to “File” and select “Login to Trade Account”.
  6. Enter your login details in the window.
  7. Once logged in, you can start using the platform for trading.
Open the MT5 platform

Demo vs Real Accounts

The platform offers Exness MT5 Demo and Real account types. Here’s a comparison of their key features:

FeatureDemo AccountReal Account
Minimum deposit$0$10
LeverageUp to 1:3000Up to 1:2000
SpreadsFrom 0.3 pipsFrom 0.1 pips
Commission$0From $2 per lot
Maximum open positions200500
Maximum pending orders100250
Duration30 daysUnlimited
Profit potentialUnlimited (virtual)Unlimited (real)
Web Terminal also supports various order types

Exness MT5 Web Terminal

The MT5 Web Terminal is simply a web-based version of the popular trading platform. This platform does not need downloading or installing, but can be a great option for traders on the move.

Most of the features in desktop version are included alomg with this web-based platform. These include real-time quotes, interactive charts and various technical indicators. The Web Terminal also supports various order types and trading operations.

It offers the accessibility which is one of the main advantages of Exness MT5 Web Terminal. It also means that no reason other than an internet connection and using a web browser like Chrome on your favorite computer should prevent you from trading this. This flexibility allows you to manage your trades at any hour of the day, from anywhere.

Main Features of Exness MT5

Built to cater for the needs of financial market traders, MT5 is a powerful trading platform. The platform also provides a suite of tools and capabilities to facilitate trading activities in different asset classes.

The platform’s charting capabilities include 21 timeframes, from one minute to one month, allowing traders to analyze price movements in detail. Using more than 80 technical indicators and drawing tools built-in, you can perform a detailed market analysis on your charts. Among the brokers offering MT5, Exness legal broker provides traders with a secure and advanced platform to execute their strategies.

A forex trading platform which supports market, limit and stop orders. Traders can place take profit and stop loss levels directly from the order panel or chart. Trailing stops can also be set on the platform in order to lock in profits as the market moves.

MT5 uses the MQL5 programming language for automated trading. This gives traders the ability to create, test and run custom indicators as well as trading robots. Strategy Tester of the platform — possibility to test trading strategies on historical data.

All supported financial instruments are available with real-time market data. See current order book referencing traded prices, which is a great way to gauge market liquidity and potential price movements.

MT5’s interface is customizable, allowing traders to arrange windows and tools according to their preferences. It allows multi-monitor configurations for traders who need a large amount of screen.

Risk management tools are integrated into MT5. These include features like margin calculation, free margin monitoring, and alerts for margin calls. The platform also provides detailed reports on trading activity and account performance.

Trading with Exness MT5

The MT5 platform allows traders to access various financial markets and execute trades efficiently. It supports multiple asset classes and provides tools for both manual and automated trading.

Available Financial Instruments

MT5 offers access to a wide range of financial instruments:

  • Forex pairs
  • Stocks and indices
  • Commodities
  • Cryptocurrencies

Traders can choose from these options based on their strategy and market outlook.

For traders who wish to invest in the American stock markets, platforms such as Exness MT5 offer NASDAQ trading.

Exness Financial Instruments
Forex in PC trading Exness

How to Place Trades

To execute a trade on MT5:

  1. Select the desired instrument from the Market Watch window.
  2. Choose the order type (market or pending).
  3. Enter the trade volume.
  4. Set stop loss and take profit levels if desired.
  5. Add any comments or tags for trade tracking.
  6. Click “Sell by Market” or “Buy by Market” to execute the trade.

The platform processes orders quickly, allowing for timely entry and exit from positions. Traders can monitor open positions in the Trade tab and modify or close them as needed.

Personalizing Your Exness MetaTrader 5 Setup

MetaTrader 5 offers customization options for the trading environment. Users can modify chart layouts, color schemes, and trading tools to fit their needs.

Exness MT5 includes technical indicators

Setting Up Indicators

MT5 includes over 80 technical indicators. To add an indicator:

  1. Right-click on the chart
  2. Select “Indicators” from the menu
  3. Choose the indicator
  4. Adjust parameters as needed

Custom indicators can be imported or created using MQL5.

Personalizing Your Exness MetaTrader 5 Setup

Common Issues and Solutions

MT5 users may encounter these issues:

  • Connection problems: Check internet and firewall settings. Verify the correct Exness server is selected.
  • Chart freezing: Restart the platform. Clear the chart cache or reinstall if needed.
  • Indicator errors: Check indicator compatibility with MT5. Update the platform if necessary.
  • Order execution delays: May occur during high volatility or low liquidity. Consider using limit orders.
  • Platform crashes: Ensure computer meets system requirements. Update drivers and increase virtual memory if needed.
  • Data discrepancies: Update historical data regularly. Contact broker support if issues persist.

For complex problems, users can refer to the platform’s help documentation or contact customer support.

Exness today

Frequently Asked Questions

How to open an Exness MT5 demo account?

To open a demo account, visit the broker’s website and navigate to the registration page. Choose MT5 platform and then follow by choosing the demo account. In the boxes provided, you would fill in your name and email address. You will then receive your demo account login information after submission.

Can I use Exness MT5 on multiple devices?

What are the differences between MT4 and MT5?

How do I download and install Exness MT5 for PC?

Is there a mobile version of Exness MT5?

How do I connect my Exness account to MT5?

How can I switch between demo and real accounts in Exness MT5?