- What is Exness MetaTrader 5?
- Get Exness MT5 for Your Computer (Windows/Mac)
- Get Exness MT5 Mobile App (Android/iOS)
- Starting with Exness MT5
- Setting Up Exness MT5 Terminal
- Adding and Changing Indicators
- Trading Options in Exness MT5
- Exness MT5 Account Types
- Trading Strategies and Automation in Exness MT5
- Good and Bad Points of Exness MetaTrader 5
- Frequently Asked Questions
What is Exness MetaTrader 5?
MetaTrader 5 comes from a company called MetaQuotes Software. They released it in 2010 to replace the older MetaTrader 4 version. Many traders like it because it has strong features.
With MT5, you can trade many different financial products. The platform has good chart tools for studying markets. You can also set up automatic trading robots or copy what successful traders do. Exness broker gives this platform to customers because it’s one of the best available. It offers tight spreads and executes trades quickly.
Get Exness MT5 for Your Computer (Windows/Mac)
You can get MT5 for both Windows and Mac from Exness’s official website. After you install it, you’ll have access to all the trading features. Here’s how to do it:
- Visit the official Exness website first.
- Look for the “Platforms” area and pick MetaTrader 5.
- Click “Download MetaTrader 5” and the file will start downloading.
- The system knows if you’re using Windows or Mac and gives you the right version.
When the download finishes, click on the file to start installation. Follow the steps that appear on your screen. Once everything installs, open the MT5 program and sign in using your Exness account details. If you don’t have an account, you can make one.
Get Exness MT5 Mobile App (Android/iOS)
MetaTrader 5 also works on phones and tablets. Here’s how to get it:
For Android Phones:
Go to Google Play Store on your device. Search for “MetaTrader 5” and tap “Install.” You can also visit Exness website directly and download the APK file. Make sure your phone allows APK installations, then follow the setup steps.
For iPhone and iPad:
Open the App Store on your device. Search for “MetaTrader 5” and tap “Get.” Another way is to go to the Exness website and scan their QR code. This opens the App Store where you can download the app.
After installing, open the app and log in with your Exness account. This lets you trade on your phone using the same account as your computer.
Starting with Exness MT5
After installing the Exness MT5 platform, you need to log in to your trading account. If you don’t have one yet, you can create it. Once you’re logged in, you can set up the platform how you like it and add indicators that help with your trading.
Logging into Exness MetaTrader 5
Exness MT5 works with both practice accounts and real money accounts. Here’s how to connect to both types:
Log in from Demo Account
- Open Exness MT5 and click “File.”
- Choose “Open Account” to see available servers.
- Pick “Exness-Demo” and click “Next.”
- Select “New Demo Account” and fill in your name, leverage amount, and starting money.
- Click “Finish” to start practicing with fake money.
Log in from Real Account
- Open Exness MT5 and go to “File.”
- Click “Open Account” to see servers.
- Choose your trading server like “Exness-Real” and click “Next.”
- Pick “Existing Trading Account” and enter your account number and password.
- Click “Finish” to complete the process.
Log in from Phone Apps
- Open MetaTrader 5 on your Android or iPhone.
- Tap “Manage Accounts” or “Accounts,” then click the “+” button to add an account.
- In the search box, type “Exness” and pick the right server.
- Enter your login details or create a new practice account.
- Tap “Login” or “Open Account” to connect.
Setting Up Exness MT5 Terminal
You can change how the MT5 platform looks and works. This makes trading easier:
- Market Watch: Right-click in the Market Watch area and pick “Symbols” to show or hide different trading items.
- Chart Settings: Right-click on any chart to change colors and grid lines. You can save these settings as templates.
- Time Periods: Click the “Timeframes” button to switch between 1-minute charts, hourly charts, daily charts, and others.
Adding and Changing Indicators
- Adding Indicators: Open the “Navigator” window and find “Indicators.” Drag any indicator to your chart or right-click and choose “Attach to Chart.”
- Changing Indicators: Right-click on an indicator and pick “Properties” to change settings like time periods and colors.
- Saving Templates: Right-click your chart and choose “Template > Save Template” to save your indicator setup. You can use it on other charts later.
Indicators help you understand market trends better. Moving averages smooth out price changes over time. RSI shows when prices might be too high or too low. You can use multiple indicators together for better analysis.
Not every indicator works for all trading styles. Try different combinations to find what works for you. Some traders use just one or two simple indicators. Others create complex systems that match their trading approach.
Trading Options in Exness MT5
You can trade these instruments on Exness MT5:
- Currency Trading: Over 100 currency pairs, including popular ones like EUR/USD and GBP/USD.
- Stock Trading: CFDs on global companies like Apple, Tesla, and Google.
- Index Trading: CFDs on major indexes such as NASDAQ 100, FTSE 100, and Nikkei 225.
- Precious Metals: Buy or sell gold, silver, and other precious metals.
- Energy Products: Trade crude oil, natural gas, and other energy commodities.
- Digital Currencies: Bitcoin, Ethereum, and other popular cryptocurrencies.
This variety lets traders choose different types of investments and use various strategies on Exness MT5.
Exness MT5 Account Types
Exness gives you several account choices for trading on MetaTrader 5. Each type has different features. Here are the main options:
Exness Demo Account
The demo account lets you practice without any risk. It’s great for people who are just starting. You get up to $10,000 in fake money to try different trading methods. Your real money stays safe.
This account has leverage up to 1:2000 and gives you free trading signals in real time. The market conditions are exactly the same as real trading. This helps you learn how to use the platform and understand different tools. Even experienced traders use demo accounts to test new ideas or check out different account types before switching.
Exness Standard Real Account
Standard accounts come in two versions:
Standard:
This is the most popular real money account. You can get spreads as low as 0.3 pips on major currency pairs. Leverage goes up to 1:2000. You only need $1 to start trading.
Cent:
Works like the Standard account but shows prices in cents instead of pips. You can start with just $0.10!
Exness Professional Accounts
Exness offers two professional account types for MT5 trading:
Raw Spread:
You need at least $200 to open this account. Spreads can be as low as 0.0 pips, but you pay up to $3.5 commission per lot. This works well for traders who trade large amounts.
Pro:
Has very low commission starting at $3.5 per lot with no markup on spreads. Made for advanced traders who know what they’re doing.
Trading Strategies and Automation in Exness MT5
Exness MT5 has strong tools for creating and using different trading methods. One important feature is Expert Advisors (EAs). These are trading robots that can study the market and make trades based on rules you set up.
You can create your own EAs or use ones that other people made. The MT5 community shares many ready-made EAs. Exness has lots of learning materials to help you understand EA programming and strategy building.
The Signals service is another helpful tool. It lets you automatically copy trades from skilled traders. This can be a smart way to use strategies that already work well.
Advanced traders can use features like pending orders and trailing stops. When you combine these with technical indicators, you can build detailed trading plans.
Good and Bad Points of Exness MetaTrader 5
Every platform has good and bad sides. Here’s what to know about Exness MT5:
Good Points:
- Many different assets: stocks, currencies, crypto coins
- Strong automation with EAs and copy trading
- Advanced charts and analysis tools
- Free practice account
- Good spreads and low fees
- Full mobile trading features
Bad Points:
- Interface is harder to learn than MT4 for new users
- Some advanced features need coding skills
- Fewer custom indicators than MT4
- Limited options for third-party add-ons
For most traders, the good points are more important than the bad ones. But think about what you specifically need.
Frequently Asked Questions
What do you use Exness MetaTrader 5 for?
Exness MT5 is a trading platform for market analysis and trading different assets. You get over 80 technical indicators and can use trading robots. You can trade currency pairs, stocks, indexes, commodities, and crypto coins.