What is MetaTrader 5 Mobile and Why Choose Exness?
MetaTrader 5 (MT5) Mobile is the mobile version of the popular MetaTrader 5 trading platform, allowing traders to access financial markets from their smartphones and tablets. It offers the full functionality of the desktop platform, including advanced charting tools, technical analysis, real-time price updates, and the ability to trade a variety of financial instruments like forex, commodities, indices, stocks, and cryptocurrencies.
Why pick Exness for MT5 Mobile?
- Fast trades: Exness processes orders in milliseconds, giving you good prices.
- Low spreads: Exness keeps costs down, even when markets are wild.
- Flexible leverage: You can use up to 1:2000 leverage, adjusting your risk as needed.
- Quick withdrawals: Get your money fast with instant, automatic withdrawals.
- Safe and regulated: Exness follows rules set by CySEC, FCA, and FSCA to keep your trades secure.
- Lots to trade: Choose from forex, metals, oil, indices, stocks, and crypto, all on one app.
Installing and Setting Up Exness MT5 Mobile
Whether you are using an Android or iOS device, getting started with the app is quick and straightforward. By installing the MT5 Mobile app, you gain access to advanced trading tools, real-time market data, and a secure environment to execute trades.
How to Download MT5 Mobile for Android
Follow these simple steps to download Exness MT5 on your Android device:
- Open Google Play Store: On your Android smartphone or tablet, launch the Google Play Store app.
- Search for MetaTrader 5: In the search bar at the top, type MetaTrader 5 and tap the search icon.
- Select MetaTrader 5: From the search results, locate the MetaTrader 5 app developed by MetaQuotes Software Corp and tap on it.
- Tap Install: Click on the Install button to begin downloading and installing the app.
- Open the App: Once the installation is complete, tap Open to launch the MetaTrader 5 app on your device.
- Log in or Create an Account: After launching the app, you can either log in with your existing Exness account or create a new account to start trading.
Download MetaTrader 5 Mobile for iOS
Follow these steps to download and install MetaTrader 5 (MT5) on your iPhone or iPad:
- Open the Apple App Store: On your iOS device, launch the App Store.
- Search for MetaTrader 5: In the search bar at the bottom, type MetaTrader 5 and press search.
- Select MetaTrader 5: From the search results, find the MetaTrader 5 app developed by MetaQuotes Software Corp.
- Tap Get: Tap the Get button to download and install the app. You may need to authenticate the download using your Apple ID or Face/Touch ID.
- Open the App: Once the app is installed, tap Open to launch MetaTrader 5 on your device.
- Log in or Create an Account: After opening the app, log in using your Exness account credentials, or create a new account to start trading.
Creating an Exness Account for MT5 App
If you don’t already have an Exness account, you can create one quickly and easily and use it on both mobile and Exness MT5 WebTerminal by following these steps:
- Visit the Exness Website or App: Open the Exness website or download the Exness app from the Google Play Store or Apple App Store. Click Sign Up to begin the registration process.
- Enter Your Details: Fill in your email address and password. Select your country of residence and agree to the terms and conditions.
- Verify Your Account: You will need to provide proof of identity (such as a passport or national ID) and proof of residence (such as a utility bill or bank statement). Upload the required documents to complete the verification process, which ensures the security of your account and enables full access to Exness services.
- Fund Your Account: After verifying your account, you can deposit funds using a range of payment methods like bank transfers, credit cards, or e-wallets. Exness offers instant withdrawals in most cases. Choose the appropriate amount based on your trading goals and the account type you selected.
- Log into MT5 Mobile: After creating and funding your Exness account, open the MetaTrader 5 Mobile app on your device. To connect Exness to MT5, select the Find Broker option in the app and type “Exness.”
Exness MT5 Mobile Interface
The Exness MT5 Mobile interface is designed to be user-friendly, providing traders with a seamless experience to monitor the markets, place trades, and analyze charts, all from their mobile devices. Here’s a breakdown of the key components of the interface:
Main Dashboard
Upon logging into the Exness MT5 Mobile app, the main dashboard is the central hub where traders can access all the critical features of the platform. The dashboard includes:
- Quotes: Displays real-time prices of financial instruments such as forex, commodities, indices, and stocks.
- Charts: Visualize the price movements of different instruments using customizable charts and various technical analysis tools.
- Trade: Open, modify, or close positions directly from this tab. It also shows active trades, including open positions and pending orders.
- History: Review your past trades and account transactions, providing details of closed positions and deposit/withdrawal history.
Customizing Charts and Timeframes
The MT5 Mobile app provides advanced charting capabilities, allowing traders to customize the appearance and functionality of the charts according to their needs:
- Open Charts: Go to the Quotes section and tap the instrument for which you want to see a chart.
- Chart Types: Choose between different chart types, such as candlesticks, bar charts, or line charts.
- Timeframes: You can select various timeframes for analyzing the price action, ranging from 1 minute (M1) to 1 month (MN).
- Adding Indicators: Tap the ƒ icon to add technical indicators like Moving Averages, RSI, Bollinger Bands, etc., to help with your market analysis.
- Zooming and Scrolling: Pinch to zoom and swipe to scroll across different time periods on the chart.
Trading on Exness MT5 Mobile
Trading on the Exness MT5 Mobile app is simple, intuitive, and designed for flexibility, enabling traders to manage their positions and execute trades on the go. Here’s how you can open, modify, and close trades, as well as set risk management tools like Stop Loss and Take Profit orders.
How to Open and Close Positions
Opening a Position:
- Navigate to Quotes: Open the app and go to the Quotes tab to view real-time prices of financial instruments.
- Select an Instrument: Tap the instrument you want to trade, such as EUR/USD or Gold.
- Place an Order: Choose New Order to open the order screen.
- Set Order Parameters: Volume: Enter the trade size (e.g., 1 lot, 0.1 lot). Stop Loss (SL) and Take Profit (TP): Optionally, set your desired SL and TP levels to automatically manage your risk and profit-taking.
- Execute the Trade: Tap Buy by Market to open a long (buy) position, or Sell by Market to open a short (sell) position. Your trade will now appear in the Trade tab.
Closing a Position:
- Go to Trade: In the Trade tab, you will see your open positions.
- Select the Position: Tap on the position you want to close to view the details.
- Close the Trade: Tap Close or the X button next to the position. If One-Click Trading is enabled, the trade will close immediately.
Setting Stop Loss and Take Profit Orders
Stop Loss (SL) and Take Profit (TP) are essential tools for risk management, allowing you to automatically close a position when it reaches a certain profit or loss level.
Setting SL and TP while opening a trade:
- In the New Order window, before executing the trade, input the Stop Loss and Take Profit levels. These can be set as a specific price or pip distance from the entry point.
Modifying SL and TP for an existing trade:
- Go to the Trade tab and tap on the open position you want to modify.
- Tap Modify.
- Enter the new SL and TP values, then confirm the changes by tapping Modify Order.
Features of MetaTrader 5 Mobile
The MetaTrader 5 (MT5) mobile app offers traders the convenience of managing their trades and monitoring the markets directly from their smartphones or tablets. Whether you’re on the go or simply prefer the flexibility of mobile trading, MT5’s mobile version delivers a powerful trading experience similar to the desktop platform. One of the standout features is its real-time market data and charts. Traders can access live prices, view different chart types such as line, bar, or candlestick, and analyze price movements across multiple timeframes, ranging from one minute to one month. The app also includes a variety of technical indicators and drawing tools, enabling traders to conduct in-depth market analysis with just a few taps.
In addition to advanced charting, the MT5 mobile app supports a wide range of order types and execution modes. Traders can place market orders, set pending orders like Buy Limit, Sell Limit, Buy Stop, and Sell Stop, and use Stop Loss and Take Profit features to manage risk. The app offers both Market Execution and Instant Execution, allowing traders to control how their trades are processed. This versatility makes it easy to implement various trading strategies while staying connected to the markets from anywhere in the world.
Another key feature is the ability to manage your entire trading account from the app. You can open, modify, and close positions, view your trading history, and monitor your account balance and equity in real-time. The built-in financial news feed keeps traders updated on important market events, and the app can send push notifications for price alerts or other trading conditions. Combined with the ability to synchronize data across multiple devices, MT5 mobile ensures that you have seamless control of your trading activities, no matter where you are.
Updating the Exness MT5 Mobile App
To ensure you have access to the latest features, performance improvements, and security updates, it’s important to keep your Exness MT5 Mobile app up to date. Here’s how you can update the app on both Android and iOS devices:
For Android Devices:
- Open Google Play Store: On your Android device, open the Google Play Store.
- Search for MetaTrader 5: In the search bar, type MetaTrader 5 and select the app from the search results.
- Check for Updates: If an update is available, you will see an Update button next to the app. Tap the button to start the update process.
- Install the Update: The app will download the latest version and install it automatically.
- Open the App: Once the update is complete, tap Open to launch the updated MT5 Mobile app.
For iOS Devices:
- Open Apple App Store: On your iPhone or iPad, open the App Store.
- Go to Updates: Tap your profile icon in the top-right corner, and scroll down to see the list of apps with available updates.
- Find MetaTrader 5: If an update is available for MetaTrader 5, you will see it in the list of apps. Tap Update next to MetaTrader 5.
- Install the Update: The latest version will download and install automatically.
- Launch the App: Once the update is installed, tap Open to start using the updated version.
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Frequently Asked Questions
How do I install indicators on Exness MT5 Mobile?
To install indicators, tap the ƒ icon in the chart window, then select your preferred indicator from the list and apply it to your chart.