Exness MetaTrader 5 (MT5) is a modern trading tool that offers a strong and easy-to-use system. It’s made for trading in Forex, CFD, Futures, and stock markets. With Exness MT5, you can trade in different ways, both on market exchanges and directly with others. This platform works fast, has many tools to help make decisions, lets you use trading bots, copy others’ trades, and also has apps for trading on the go.
Exness MT5 is a comprehensive platform that caters to various trading needs. Beyond Forex, it allows trading in options, futures, and stock markets. It’s equipped with features that traders appreciate: real-time price feeds, up-to-the-minute news, a plethora of indicators, and auto-trading capabilities. Central to its design is the MQL5 programming language, enabling traders to craft their own Expert Advisors (EAs). Think of EAs as trading auto-pilots that function around the clock without constant input from the user.
One standout feature of Exness MetaTrader 5 is the wide array of order types it accommodates. Users can swiftly place buy or sell orders, set up orders for future actions, and so on. The platform seamlessly supports varied trade completion methods, and its suite of indicators and analytical tools are exhaustive, aiding traders in making informed decisions. Moreover, for those keen on automation, it provides robust means to design and implement trading strategies.
Exness MetaTrader 5 also provides additional ways to analyze financial markets, including more timeframes, more indicators, and more tools. It has a built-in economic calendar that contains all the major economic events that could impact the financial markets. You can also use social trading features to follow other successful traders and copy their trades.
MT5: Steps for
Downloading Exness MT5 is a straightforward process regardless of the device you’re using. Here are the steps for different devices:
MetaTrader 5 for MAC allows you to trade comfortably on your Apple computer, offering all the features you need for efficient trading.
Getting Started with Exness MT5
Getting started with Exness MetaTrader 5 involves a few key steps: creating an Exness account, logging into MT5, adding funds to your account, and making 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. This process involves providing some basic personal information and agreeing to the terms and conditions of the platform.
Press the “Register” button, typically found in the top right section of the page.
You’ll need to enter basic details like your name, email address, and contact number.
Set a strong password for your account.
Review and agree to the terms, then hit “Register”.
You’ll receive a confirmation email. Click on the link in the email to verify your account.
Logging into MT5
Once you have created your Exness account, you will need to log into the MT5 platform. This is where you will conduct your trading 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 (the ones you set when you registered).
Select the server provided by Exness (you can find this information in the email you received after registration).
Adding Funds to Your Account
After logging into MT5, you will need to add funds to your account. These funds are what you will use to make trades on the platform.
Log into your Exness Personal Area.
Navigate to the “Deposit” section.
Choose your desired payment option from the available choices.
Enter the amount you wish to deposit and any other required information, then click “Confirm”.
Follow the guidelines given for your selected payment option.
Making 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 type of order, volume of trade, and Stop Loss/Take Profit levels if needed.
Click “Place Order”.
Remember, trading involves risk and it’s important to understand these risks before starting trading operations.
Using Exness MT5
Exness MetaTrader 5 (MT5) is a revolutionary, multi-asset trading platform that provides superior tools for comprehensive price analysis, use of algorithmic trading applications, and copy trading. This platform is designed to enhance your trading experience by providing more features and capabilities compared to its predecessor, MetaTrader 4 (MT4).
Tools and Features
Exness MT5 is equipped with over 80 technical analysis tools and advanced charting capabilities that can help you analyze the price dynamics 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 key features of MT5 is the Market Depth function. This feature provides real-time information about the market’s liquidity by displaying the volume of buy and sell orders at different price levels. It allows traders to see the 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 the 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.
Moreover, Exness provides a comprehensive news feed and economic calendar directly on the platform. These features help traders stay updated with important financial news and economic events that could 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:
Leverage technical indicators: The platform offers a wide range of technical indicators like Moving Averages, Bollinger Bands, MACD, RSI, and more. These indicators can assist you in spotting trends and potential points for entering and exiting trades.
Practice risk management: Always set stop-loss and take-profit levels for your trades. This will help you manage your risk effectively.
Use demo accounts: Before starting live trading, practice your strategies on a demo account. This will help you understand the platform better without risking real money.
Use Expert Advisors (EAs): EAs can automate your trading strategies. They can execute trades based on predefined parameters, eliminating the need for manual intervention.
Stay updated with market news: Use the integrated news feed and economic calendar to stay updated with important financial news and economic events.
Finding Help and Support
Exness strongly backs its MT5 users. If you face issues or need guidance on specific functions, reach out to the Exness support team through live chat or email. They’re ready 24/7 to address any queries or challenges you face.
But there’s more. Exness goes beyond just support. They offer learning tools like webinars, how-to videos, articles, and walkthroughs to deepen users’ understanding of the platform and hone their trading skills. These materials span from trading fundamentals to expert techniques.
Always keep in mind, consistent learning drives trading success. Stay updated with market shifts, fine-tune your trading tactics, and always ask for help when required. Exness stands by you throughout your journey.
Frequently Asked Questions
How Do I Log into MT5?
Logging into MT5 involves opening the MT5 platform, clicking on “File” in the top menu, and then selecting ‘Login to Trade Account’. You’ll need to enter your trading account’s login credentials, which include the account number and password, as well as the server name.
How do I install Exness MT5 on my PC?
To install Exness MetaTrader 5 on your PC, you need to visit the Exness website and download the MT5 installation file. Once downloaded, you can run the file and follow the instructions provided by the installation wizard.
Can I use Exness MT5 on my smartphone?
Yes, Exness MT5 is available for both Android and iOS smartphones. Obtain the app from the Google Play Store or the Apple App Store, depending on your device.
What are the key features of Exness MT5 compared to other platforms?
Exness MetaTrader 5 offers advanced charting tools, numerous technical indicators, a comprehensive suite of order types, and supports automated trading through Expert Advisors (EAs). It also provides a Market Depth function that offers real-time information about market liquidity.
How do I fund my Exness MT5 trading account?
Funding your Exness trading account involves logging into your Exness Personal Area, selecting ‘Deposit’, choosing your preferred payment method, and following the instructions to complete the transaction.
Is my money safe when trading with Exness MT5?
Exness is a regulated broker that adheres to strict financial standards to ensure the safety of client funds. They use segregated accounts to keep client funds separate from company funds.
How do I switch between real and demo accounts on MT5?
Switching between real and demo accounts on MT5 involves going to the ‘File’ menu, selecting ‘Login to Trade Account’, and entering the login credentials for either your real or demo account.
Are there tutorials or guides available for beginners on Exness MT5?
Yes, Exness provides a range of educational resources including tutorials and guides for beginners. These resources can be found on their website and cover various topics related to using the MT5 platform.
What should I do if I face issues with the platform or need technical support?
If you encounter any issues with the platform or need technical support, you can contact Exness’ customer support team via live chat or email. They are available 24/7 to assist with any queries or issues.