- What is Exness MetaTrader 5?
- How to Download MetaTrader 5 for Different Devices
- Getting Started with Exness MT5
- Using Exness MT5
- Trading Instruments on Exness MetaTrader 5
- Exness MT5 Account Types
- Trading Strategies and Automation in Exness MT5
- Pros and Cons of Exness MetaTrader 5
- Frequently Asked Questions (FAQs)
What is Exness MetaTrader 5?
MetaTrader 5, or MT5, is an advanced trading platform developed by MetaQuotes. This platform brings traders powerful tools for technical and fundamental analysis, as well as options for multi-asset trading. With Exness MT5, you can trade not only forex and commodities but also stocks, indices, and cryptocurrencies, providing more ways to diversify your portfolio.
Key Features of MetaTrader 5
Feature | Description |
More Order Types | Supports market, pending, stop, and trailing orders for increased control |
Timeframes and Charts | 21 timeframes, advanced charting tools, and customizable layouts |
Multi-Asset Trading | Access to forex, stocks, commodities, indices, and cryptocurrencies |
Depth of Market (DOM) | Visual representation of buy/sell orders at different price levels |
Economic Calendar | Integrated economic calendar with real-time news for fundamental analysis |
Improved Speed | Enhanced trade processing speeds compared to MT4 for fast execution |
How to Download MetaTrader 5 for Different Devices
Getting Exness MT5 on your device is simple. Here’s a guide for setting it up on Windows, macOS, Android, and iOS.
Exness MT5 for Windows
- Visit Exness Website: Head to Exness and find the MT5 download page.
- Download File: Click “Download MT5 for Windows” to save the installation file.
- Install MT5: Open the file and follow the steps to complete installation.
- Log In: Launch MT5, select the Exness server, and log in with your account credentials to start trading.
Exness MT5 for macOS
- Go to the Exness Platform Page: Download the exness-mt5.dmg file for macOS.
- Install: Open the downloaded file and drag the MT5 icon into your Applications folder.
- Open MT5: Launch MT5 from Applications, enter your Exness login details, and start trading.
Exness MT5 for Android
- Open Google Play: Search for “MetaTrader 5” by MetaQuotes.
- Download App: Install the official MT5 app on your Android device.
- Log In: After installation, open the app, choose Exness from the broker list, and enter your account information.
Exness MT5 for iOS
- Go to the App Store: Search for “MetaTrader 5” and download the official app by MetaQuotes.
- Install and Launch: Open MT5 and select “Log in to an existing account.”
- Connect with Exness: Search for Exness in the broker list and log in with your account details.
Getting Started with Exness MT5
Starting on Exness MT5 involves creating an account, logging into the platform, funding your account, and making your first trade.
Creating an Exness Account
- Go to Exness Website: Head to the Exness homepage.
- Open Account: Click on “Open Account” and fill in your personal details.
- Verify Identity: Upload the required documents to verify your identity and complete registration.
Logging into MetaTrader 5
- Open MT5: Launch the MT5 platform on your device.
- Select Exness Server: Choose the correct Exness server as prompted.
- Enter Credentials: Input your account number and password to connect.
Funding Your Trading Account
- Access the Dashboard: Log into your Exness account on the website.
- Navigate to Deposits: Select “Deposit” and choose your preferred payment method.
- Complete Transaction: Enter the deposit amount, confirm details, and finalize the payment.
Making Your First Trade
- Select an Asset: Choose an asset from the Market Watch list.
- Open Order Window: Right-click on the asset and select “New Order.”
- Define Trade Parameters: Set your volume, order type, and, if applicable, stop-loss and take-profit levels.
- Execute Order: Click “Buy” or “Sell” to confirm the trade.
Using Exness MT5
Exness MT5 is designed for flexibility and efficiency. Here’s a quick overview of the main sections of the MT5 interface:
- Market Watch: Lists real-time prices of assets available for trading.
- Charts: The main area for technical analysis with indicators, drawing tools, and templates.
- Navigator: Access and manage accounts, indicators, and Expert Advisors (EAs).
- Terminal Window: Monitor trading activity, including open trades, account balance, and trade history.
Trading Instruments on Exness MetaTrader 5
Exness MT5 supports multiple asset classes, allowing for a diversified portfolio. Below is an overview of available trading instruments:
Instrument | Description |
Forex | Over 120 currency pairs, including major, minor, and exotic pairs |
Stocks | Trade shares of top global companies from various sectors |
Cryptocurrencies | Access popular digital assets such as Bitcoin, Ethereum, and more |
Commodities | Includes popular assets like gold, silver, and oil |
Indices | Trade global indices, including S&P 500, NASDAQ, and FTSE 100 |
Note: Each asset type offers unique trading conditions and market hours. For instance, cryptocurrencies are available for trading 24/7, while stocks follow market-specific hours.
Exness MT5 Account Types
Exness offers various account types on MT5, catering to different trading needs and experience levels.
Demo Account
The demo account is an ideal way for new traders to explore the platform without financial risk. It offers virtual funds for testing strategies and getting familiar with MT5’s features.
Standard Accounts
The Standard Account is suitable for most traders and includes low spreads, fast execution, and access to various instruments without high minimum deposit requirements.
Professional Accounts
For experienced traders, Exness offers professional accounts with benefits like tighter spreads, advanced tools, and tailored leverage options.
Account Type | Minimum Deposit | Spreads | Commission | Leverage |
Demo Account | None | N/A | None | Simulated |
Standard Account | Low | From 0.3 pips | None | Up to 1:2000 |
Pro Account | Higher | From 0.1 pips | None/varies by trade | Tailored leverage |
Trading Strategies and Automation in Exness MT5
MT5 supports both manual and automated trading strategies, giving traders flexibility based on their preferences.
- Manual Trading: Use indicators like Moving Averages, Bollinger Bands, or MACD to make informed decisions.
- Scalping: Short-term trades based on small price movements. Exness MT5’s fast execution makes it ideal for scalpers.
- Swing Trading: Trade based on longer trends, often using tools like trendlines and oscillators for entry and exit points.
- Expert Advisors (EAs): Automate trades with EAs, which are customizable to execute trades based on preset conditions.
Pros and Cons of Exness MetaTrader 5
Below is a summary of the main advantages and potential limitations of Exness MT5.
Pros | Cons |
Access to multiple asset classes | Learning curve for beginners |
Advanced analysis tools | Some advanced features may require experience |
Automated trading with Expert Advisors | |
Fast and reliable trade execution | |
Multi-device compatibility |