Exness MetaTrader 5
Exness has been a trusted brokerage firm since 2008, renowned for its exceptional trading environment. The company, owned by Nymstar Limited and registered in the Republic of Seychelles, swiftly established itself as a leader in the Forex market. Exness boasts impressive statistics, with a monthly trading turnover of $700 billion in 2021 and close to 150,000 active users on its platform. Currently, the broker offers a wide range of trading options including CFDs for cryptocurrencies, stocks, over 120 currency pairs, energy resources, and metals.
Exness Trading Platforms
When it comes to trading platforms, Exness offers a diverse selection. You have the option to choose between the renowned MetaTrader 4 and Exness MT5, along with mobile trading platforms and WebTerminal, which is accessible on any device.
Here are three ways to trade or download MetaTrader 5:
Web Trading:
- You can trade without downloading MT5 by accessing Exness MT5 directly from your browser using WebTerminal.
Desktop Trading:
- For those seeking to download MT5 for PC, you can obtain the installation file from the broker’s official website. It’s free and doesn’t require much storage space.
Mobile Trading:
- To stay updated and broaden its audience reach, Exness has developed mobile applications for MetaTrader 5 download. These free and user-friendly apps are available for both iPhone and Android devices. The software supports both MT5 and Exness MT4 versions, providing convenient access to your preferred terminal. The mobile apps replicate the desktop versions, allowing you to customize your trading activities, check account status, request withdrawals, and view transaction history while on the move.
An Overview of MetaTrader 5
The MT5 terminal serves as a trading hub, offering traders extensive functionalities and options. While MetaTrader 4 remains highly favored, especially for Forex trading, MetaTrader 5 represents the latest advancement in trading technology and is steadily gaining popularity. MT5 supports trading in Forex currency pairs, stocks, futures, and options, and introduces automated trading capabilities.
Forex MT5 can be accessed from various devices including computers, browsers, smartphones, and tablets, providing traders with flexibility and convenience. The platform ensures a secure environment for order placement and displays detailed charts of currency quotes. Traders can conduct market analysis using both technical and fundamental methods.
Exness introduced MetaTrader 5 for free download a few years ago, enhancing the terminal’s interface, performance, and speed. Additionally, the platform’s functionality has been expanded, offering clients leverage of up to 1:2000. This enables MetaTrader 5 traders to implement a wide range of trading strategies, building upon the successes of the previous platform version.
Downloading MetaTrader 5
One of the significant advantages of Exness is its provision of free downloads for MT5 trading systems to all users. Whether on your computer or mobile phone, you can easily access and download the broker’s software.
MetaTrader 5 Download for Windows: Installation Guide
To download MetaTrader 5 (MT5) from the official site, navigate to the Tools and Services section and choose Exness MT5 from the drop-down menu. Next, download the MT5 PC file and double-click it to initiate the installation process. Review the License Agreement and check the box to confirm your agreement. Choose the folder where you wish to save the MT5 download for PC file. Proceed with the installation and wait for it to finish. Once completed, launch the terminal.
MetaTrader 5 Download for Android: Installation Guide
If you’re looking to trade from your Android-based phone, you can find the Exness MT5 installation file on the Google Play store or by following the provided link on the broker’s official website. The mobile app requires minimal space on your phone while offering the same functions as the desktop version. One of the main benefits of using the mobile application is that it allows traders to focus more on transactions, as all the necessary information is readily available at their fingertips.
MetaTrader 5 iOS
To install the Exness MT5 application on iOS, simply visit the App Store. You can download the app to your smartphone free of charge. Exness has introduced a user-friendly solution for mobile trading called Exness Trader. These mobile apps offer the same functionality as the desktop version, allowing you to conveniently choose the best time to open or close a deal while on the go.
MetaTrader 5 download for MAC OS
Begin by locating and downloading the most recent version of the MT5 platform to your preferred folder. Next, initiate the software installation by double-clicking the downloaded file. Follow the prompts to complete the installation process, and then you’re ready to use the MT5 platform.
Navigating MetaTrader 5
If you’re already familiar with online trading, downloading MetaTrader 5 should be straightforward since most brokers employ similar processes.
Downloading MT5
As previously mentioned, save the MetaTrader 5 PC download file or the mobile application and proceed with the installation. Refer to the detailed instructions provided in the previous paragraph for using MetaTrader 5 on any device. Follow each step until you can successfully open the application.
Log in into Exness MT5
For existing Exness users, accessing your personal area is simple – just enter your email and password. However, if you’re new to the platform, you’ll need to complete the registration process, which typically takes only a few minutes. Before proceeding, ensure that Exness serves clients from your country by checking their official website. If your country is on the list, proceed by entering your email and creating a secure password. This Exness login information will be required every time you visit the site or app.
Becoming a Verified User
Initially, you can sign up on the platform and begin trading without undergoing verification. However, verification will eventually be necessary to facilitate withdrawals. To complete this process, you’ll need to provide proof of identity and proof of residence. Simply upload scanned copies of the required documents as instructed in your Personal Area. The platform provides guidance on the accepted documents and scanning instructions to ensure readability and approval.
Selecting a Trading Account
After completing the registration process, the next step is to activate a trading account. For beginners, it’s highly recommended to begin with an Exness demo account on MT5. This allows you to explore the platform without any risk of financial loss. With a demo account, you can familiarize yourself with the broker’s operations and learn how to use their trading terminal. Plus, there’s no need to deposit real money as you’ll be provided with virtual currency to practice trading. Despite using virtual funds, all functionalities and transactions mirror those of a real account. Even experienced traders may find it beneficial to revert to a demo account when testing new strategies. Once you’ve gained confidence and proficiency in trading with virtual money, you can transition to downloading a real account on MetaTrader 5.
Exploring the Platform
Before diving into trading, it’s essential to explore the Help Center section to familiarize yourself with all the details and trading regulations. Take the time to thoroughly review payment terms, fees, and commissions. Exness provides various types of trading accounts, catering to different levels of experience. For beginners, there are accounts that don’t necessitate a minimum deposit to commence trading, while advanced traders may find other account options more appealing. Familiarizing yourself with these account types will help you choose the one that best suits your needs and preferences.
Adjusting Platform Settings
When using the MT5 terminal, you have the flexibility to adjust various parameters to suit your preferences and trading style:
- Charts: Customize the display of price movements on the graph.
- Trade: Set default parameters for opening new deals, including the financial instrument, lot size, and stop orders.
- Expert Advisors: Choose to enable or disable this feature for automated trading.
- Events: Configure notifications for system events you want to receive and block unnecessary ones.
- Notifications: Receive push notifications to your mobile devices directly from the trading platform.
- Mail: Set up email options for sending messages directly from the platform.
- Community: Access the MQL5.community website for additional resources and support.
- Signals: Activate signals within the trading platform to enhance your trading experience.
Initiating Trades: Getting Started on the Platform
After carefully considering the advantages and disadvantages and getting to grips with the ins and outs of your trading platform, you’re ready to embark on your first trade. Begin by locating the “New Order” button on your platform’s interface. You’ll have the choice to execute either Market orders or Pending orders. Remember to establish your Stop Loss and Take Profit parameters to manage risk effectively.
Key Benefits of Downloading MetaTrader 5 for Free
The MT5 terminal interface has not practically changed against the backdrop of its predecessor, of course, but internal content has become more complete and functionally better. If earlier it was allowed to trade in the foreign exchange markets alone, now downloading the Metatrader 5 trading platform for PC allows you to trade not only at Forex or Contracts for Difference but to access stock exchanges and to speculate with stocks, futures, and options. All this is possible from one account, so trading is easy to manage. Besides, the company has introduced a higher level of order execution speed, new indicators, and tools of technical analysis. The number of timeframes on offer has also got expanded.
MetaTrader 5 is engineered to give traders the tools they need to engage with forex, CFDs, stocks, and futures markets.
Roughly, with MetaTrader 5, all Exness clients received the following benefits:
- Four options of order execution: The MT5 platform offers Instant Execution, Market Execution, Request Execution, and Exchange.
- Six types of pending orders: In addition to the familiar Buy Stop, Buy Limit, Sell Stop, and Sell Limit from MT4, Buy Stop Limit and Sell Stop Limit have been added, enabling a more versatile trading system.
- One Click Trading function: Allows you to execute deals and manage orders right from the chart.
- Built-in reports: Automatic analysis for evaluating your trading system’s effectiveness, including transaction numbers, expected profit, profit factor, and average profit and loss.
- Numerous timeframes: With 21 timeframes available, you get a broader strategy range. You can add more timeframes beyond the default main ones.
- Quote charts: Essential for technical analysis to track online quote changes and respond to market shifts.
- Built-in MT5 indicators: Dozens of professional trader-developed indicators available for use on a single chart.
- Strategy tester: Test your Expert Advisor on historical data before real account deployment.
- Trading signals: New traders can subscribe to successful traders’ signals.
- Alerts: Set sound notifications for trading events to avoid constant screen monitoring.
- Market: Access to licensed trading robots, software applications, and trading materials.
- Mobile trading: Trade globally with the MT5 app for Android, iOS, iPhone, or iPad, available for free on the Exness website.
To sum up, MetaTrader 5’s low system requirements mean it runs on any OS (Windows, Linux, Mac), making it user-friendly for all traders.
FAQs: Exness MT5
How Do I Log In to MetaTrader 5?
Logging in is straightforward. Just open the trading terminal on your computer, go to the "File" menu, and select "Login to Trade Account." You'll need to enter your account number, password, and the server in the designated fields.
How to Open an Exness MT5 Demo Account?
Manage all your Exness accounts via the Personal Area page, where you can review old accounts, manage current ones, or open new trading accounts. Exness offers demo accounts for practicing and testing new strategies. The MT5 demo account comes with virtual $500 for transaction testing.
How to Download Exness MT5 for PC?
Installing Metatrader 5 on your PC is a breeze. Visit the Exness website, navigate to the 'Platforms' section, and select Metatrader 5. You'll be directed to a page with the download link. Download and save the installation file to your computer, then run the installer. Once installed, open the terminal to begin trading.