MT5 (MetaTrader 5) is a trading platform at Exness. Exness MT5 supports many tools and optimal features for Exness traders’ investment strategies to achieve the best results. Besides, according to EX Trading statistical information. The Exness MT5 platform is also a vibrant trading platform with a large number of users accessing it every day.
Learn about Exness MT5
MT5 is an improved version of MT4 (MetaTrader 4). Brings many new useful features for traders. In particular, MT5 is extremely suitable for professional traders. Traders who wish to implement more complex strategies. With advanced features in the graph analysis process. This connection helps users take full advantage of the features and tools of the MT5 platform as a whole. As well as Exness MT5 in particular for making transactions.
Inheriting the advantages of MT4 from before. The MT5 platform will definitely bring upgraded trading experiences. Specifically, MT5 contains advanced charting tools and revolutionary technology. This helps investors trade faster and more flexibly than the previous MT4 version.
With this outstanding inheritance. MetaTrader 5 Exness helps traders take full advantage of the features and tools it offers. This is an advancement of the MT5 platform for traders to execute open orders in the market.
What is MT5 Exness?
Speaking of MT5 platform, many people wonder what is Exness? The platform offers traders a wide range of technical indicators and technical analysis tools. Greatly supports traders in making trading decisions accurately and effectively.
Therefore, if you want to become a professional trader to master the foreign exchange market. Of course, you must explore and grasp how to use the Exness MT5 platform . Exness MT5 is a smart choice for traders today.
Why use MetaTrader 5 Exness?
Just introduced to the trading community at Exness. MT5 really impresses with its series of outstanding features. More specifically, MT5 Exness surprises traders, brokers, investment or brokerage service providers with a much more modern, optimized toolbar.
Along with that advantage. MetaTrader 5 Exness is available not only for currency trading but also for other transactions in financial markets. It includes the futures market. MetaTrader 5 Exness is the ultimate, advanced and convenient trading platform. This platform is specially designed so that every investor from newbie to professional at Broker Exness can easily grasp and use.
Perform all transaction operations in MQL5 language
Choosing to use Exness MT5 depends on each person’s specific trading needs and goals. Exness MT5 offers many basic and advanced technical analysis tools and features for traders. Not only limited to the Forex market, MT5 Exness also extends to the stock, cryptocurrency and commodity markets. The platform offers advanced trading capabilities and a flexible programming environment with MQL5. Allows the development of complex Expert Advisors, indicators and scripts.
MQL5 is a programming language used to create trading robots, technical indicators, scripts and other applications for MT5. Exness MT5 has a unique feature which is the MQL5 language community chat. This way you can interact, learn and share experiences with thousands of other investors and programmers around the world.
Traders can also buy and sell MQL5 products on the MQL5 market. It is also a good idea to hire MQL5 from experts to create personalized trading solutions for you.
The Exness MT5 interface is similar to Exness MT4
When MetaQuotes introduced the MetaTrader 5 platform in 2010, Exness also purchased the rights to the platform and applied it to trading customers. MT5 is actually an upgrade from MT4. However, the Exness MT5 interface is similar to MT4. The reason for this is to make it easier for users to switch between the two platforms.
Specifically, this includes the layout of the graph windows. Lists of trading assets, lists of open positions. Technical analysis tools are similar to each other on these two platforms.
Diverse analysis tools, charts, time frames and order types
Exness’s MT4 and MT5 platforms both fully support analytical tools, charts, indicators, multiple time frames and allow trading with all trading tools at Exness.
However, there are still some differences in interface and features between these two versions. Exness MT5 is further improved by integrating 38 technical indicators, 22 analytical tools and 46 graphical objects in the platform. Support CFD trading on traders’ favorite trading instruments with the MT5 Exness platform.
Capture information and market research in real time
MT5 Exness helps provide real-time trading data. More detailed transaction history compared to Exness MT4.
– Real-time: Allows you to monitor price fluctuations and market changes in almost immediate time. This is extremely useful when you are making quick trades or monitoring asset changes over short periods of time.
– Detailed History: This allows you to perform deeper technical analysis by viewing past price charts. Identify price patterns, potential trade entry/exit points and better understand past and ongoing market trends.
– Diverse time frames: MT5 provides many different time frames, from certain minutes to daily, weekly, monthly, helping you analyze the market from many different angles.
– Tick-by-tick data: Allows you to see each price change occurring in real time. This is very useful for short-term trading strategies
Which platforms can Exness MT5 be used on?
Can be used on many different platforms, specifically as follows:
Web browser: There is a browser version, allowing you to access and trade directly from a web browser without having to download and install software.
Desktop version: You can download and install Exness for MT5 platform on your personal computer.
Mobile applications: Exness MT5 also has mobile applications for smartphones and tablets. Supported on both iOS operating systems and Android operating systems. This allows you to trade and follow the markets no matter where you are, as long as you have an internet connection.
With this flexibility, you can choose the Exness MT5 platform that suits your needs and devices.
Simple steps to download MT5 Exness
To use MT5 Exness, users must download and install the MT5 application on devices with different platforms: Computer and phone.
Download MT5 Exness for PC devices
Step 1: Log in to the official Exness website and select “MetaTrader5”.
Step 2: Then, click “Download” to save it to your computer.
Step 3: An “exness5setup” file will appear to download to your computer. Wait for the download to complete, then click on the downloaded file. Allow installation on your device. During the installation process you just need to press the “Next” keys.
Step 4: Wait for MT5 to complete installation, the interface will notify you that the installation is complete. Click “Finish” and you’re done.
Step 5: After downloading and installing successfully as above. The interface will open as shown. If you are a new user, please go through the process to register an account.
If you have registered an account on the Exness site, you only need to authorize the use of your account address and password.
Download Exness MT5 for Smartphone
MT5 Exness is available on Android and IOS operating systems. To download this application to your device, follow the 5 steps below:
Step 1: Access CH Play (Android) or App Store (for iOS operating system). Then you search for the keyword “MT5”, now the “Metatrader 5” application will appear. You click download.
Step 2: After downloading MT5 and installing it successfully. Open the downloaded app and click Settings, select “new account”. Click on Exness search and select “Exness Technologies Ltd” .
Step 3: Fill in the required information including: server, login name, password.
Step 4: And the MT5 Exness interface will appear. Here you can start learning about trading tools and start trading.
So EX Trading has just sent you how to download and install MT5 Exness for computers and phones. The above steps all have detailed instructions and images. Please do the same as we gave to download MT5 to your phone!
See more: Open Exness Account: Latest guide for new traders
Exness MT5 and MT4 What is the difference?
MT5 was released 5 years after MT4. There is quite a lot of time for Exness to research and improve many aspects. To distinguish MT5 and MT4, we can consider the development language and how it works, specifically as follows:
Comparison table between Exness MetaTrader 5 and MetaTrader 4 Exness platforms
Let’s take a look at the differences between these two platforms:
For Exness MetaTrader 5 platform:
- Language: MT5 uses MQL5 language, making MT5 black box programmable. Makes programming and using EA easier
- Indicators and EAs: cannot run on the MT4 platform
- Backtest feature: MT5 is superior to MT4. Here users can backtest strategies more and faster than MT4. Helps save traders a lot of time.
- Allows investors to backtest multiple currency pairs at a time: this feature is only possible when using MT5.
For Exness MetaTrader 4 platform:
- Language: MT4 uses the MQL4 language.
- Indicators and EAs: cannot run on the MT5 platform. This feature demonstrates the incompatibility between MT4 and MT5.
If you download MT5 Exness, traders will clearly see the difference we just presented. Despite such a comparison, we cannot rush to evaluate MT4 as inferior to MT5. Because MT4’s popularity helps MT4 become more known and used by users. But MT5 and MT4 both have their own advantages and disadvantages, choosing the type that suits the trader’s preferences and investment orientation is the best thing.
How to trade on Exness MT5
To trade on Exness MT5, you need to know some of the following basic ways:
How to place detailed orders on MT5 Exness
Market orders:
Press the F9 key from the keyboard or click the “New Order” icon on the Tools bar to open the order window.
- Symbol: Select the currency pair and the commodity or product you want to trade.
- Volume: Determine the required trading volume.
- Stop Loss: Set an appropriate stop loss price.
- Take Profit: Set the desired profit price.
- Type: Select Market Execution type.
Then, click the “Buy by Market” or “Sell by Market” button to execute the order that needs to be processed.
Pending order:
In MT5 Exness, you can choose from 6 types of pending orders: Buy Limit, Sell Limit, Buy Stop, Sell Stop, Buy Stop Limit and finally Sell Stop Limit. You can also use the Stop Loss or Take Profit function to close a trade.
Click the New Order icon in the toolbar at the top of the page. Or you can choose to click Tools. Place a new order at New Order.
Select the Symbol you want. Then set Volume for the transaction.
Clearly define the type of pending order. Here, for example, Buy Limit, Sell Stop, …
Set Take Profit and Stop Loss Prices as expected. You can leave this section blank if not needed.
After filling in the above information, click Place to set up the pending order.
How to close and edit orders on Exness MetaTrader 5
Close order
Double click on the order you want to close. Go to the Trade section in the Toolbox section running along the bottom.
Click on the “Close By Market” button highlighted in yellow.
Or you can also right-click on your order and select “Close Order”.
If you have never activated the one-click trading method, the system will prompt you to activate it. Then it will automatically apply to the next time.
Another much simpler way is to click on the x icon next to your command.
Edit orders
On the MT5 interface, you can right-click on a trading position in the “Market Watch” window or on the price chart and select “Trading” > “Modify or Delete Order.”
After opening the Trade Management window, you can change order information such as: order size, Stop Loss and Take Profit levels, and other parameters.
Change the information by entering new values in the corresponding fields.
Then, press the “Modify” button or similar to confirm and apply the changes to the command.
How to add or remove trading pairs
To edit or delete transactions, you can do the following:
Right-click on the open trade in the Trade section.
Select the “Modify” or “Delete” option.
If you want to edit a trading order, you can change specific parameters such as: price, stop loss, take profit and expiration date. When finished editing, click on the Modify option.
If you want to delete the command, just click on the Delete option and you’re done.
Should I use MetaTrader 5 Exness for computers or phones?
Choosing to use MetaTrader 5 Exness on the computer or mobile version depends on your needs and personal situation. Here are some benefits of both options for you to consider:
Using MetaTrader 5 Exness desktop version:
Large screen: The desktop version allows you to work on a larger screen, making it easier to see charts and trading information more clearly.
Detailed analysis: Technical analysis and market monitoring can be more convenient on a large computer screen, allowing you to view detailed charts and perform complex analysis tools.
Fast Trading: For those who like to trade quickly and perform trade management operations alertly, the desktop version may provide a better experience.
Using MetaTrader 5 Exness mobile version:
Mobile and convenient: The mobile version allows you to trade and monitor the markets no matter where you are, without having to rely on a stationary computer.
Manage in any situation: You can manage your trades and interact with the markets while you are on the go or without access to a computer.
Notifications and alerts: Mobile versions often support notifications and alerts, allowing you to receive information about market movements and important events as soon as they happen.
In short, choosing to use the MetaTrader 5 Exness version on your computer or phone depends on your needs and nature. If you want to experience detailed analysis and better trading operations, the desktop version may be suitable. If you need the convenience and flexibility to follow the markets anytime and anywhere, the mobile version may be a good choice.
Instructions for logging into Exness on MT5
MT5 Exness can be logged in on a variety of platforms. It can be a phone, tablet or personal computer.
How to log in to Exness MT5 for PC?
To log in to Exness on MT5 using a computer, you need to do the following:
Step 1: After installing the MT5 application on your computer. Click to open the app like the interface below.
Step 2: Select “File” on the top left. Then select “Login to Trade Account” as shown below.
Step 3: The system will display as shown below. Fill in all information and password and click “OK” to complete login.
After successfully logging into the system, you will see the main MT5 Exness interface. List of trading assets, price charts, trading history, market news and other tools will be found here.
See more: Exness MT4 – The most advanced trading platform today
Connect Exness MT5 to your phone
To set up MT5 Exness on your mobile phone, follow these steps:
Step 1: Download the MT5 Exness application from the Exness website or from the app stores.
Here we go to CH Play or App Store to search for “MT5”
Step 2: Click “Install” and “Open” the app.
Step 3: After opening the MT5 application. Please select the “+” sign right on the main interface.
Step 4: Log in and fill in all information for the system to process your MT5 account login.
Conclude
Exness MT5 is a modern and efficient trading platform. This platform brings you many benefits and a great trading experience. You can easily understand all the information about MT5 Exness following the instructions by EX Trading in this article. Log in to the MT5 platform at Exness today to explore new and exciting features of MT5. Wishing you successful trading with Exness on MT5!
FAQ
What is MetaTrader 5?
MetaTrader 5, is an upgraded version of the MetaTrader 4 (MT4) platform. MT5 was developed by MetaQuotes Software Corp, and launched on the market in 2010.
Is there a usage fee for Exness MT5?
Exness does not charge any fees for downloading and using the MT5 platform. However, when trading on MT5 through Exness, you may have to pay other fees such as spreads, overnight (swap) fees, and trading fees or commissions depending on the account type you choose.
Who is connecting Exness with MT5 suitable for?
Any participant can use the platform. However, MT5 is more often chosen by professional traders. New traders often prefer MT4 because of its simplicity and familiarity.
