MT5 is the ultimate trading terminal for dealers of all types and skill situations. MetaTrader 5 was launched in 2010. It became popular among brokers, dealers, and investment and brokerage enterprises in no time. It’s the coming generation of the successful MetaTrader 4 platform.
So to begin, MT5 is a versatile platform that offers trading for various financial requests, beyond just currency. It is known for its user-friendly navigation, comprehensive features, and important trading tools. It offers a wide range of features that make it easy for dealers to anatomize request data, make trading opinions, and automate their trading strategies.
Continue reading to understand various specs, utility, installation, and setup processes of MT5.
What is Exness MetaTrader 5 (MT5)?
MetaTrader 5 is a 5th-generation advanced trading platform developed by MetaQuotes Software Corp. It is a popular online platform allowing traders to trade a wide range of assets for both beginner and advanced traders, which includes:
- Indices
- Commodities
- forex, and
- Cryptocurrencies
It is the preferred choice for traders as it same some extra features such as:
MetaQuotes Language 5
Exness MT4 is completely compatible with Windows 64-bit. You can easily download and install the MetaTrader 4 desktop version on your PC for a robust trading experience.
Fundamental Analysis
Traders can now grab the market opportunity with the Fundamental Analysis Tool. It has Economic calendars to keep you updated about the market impacts, events, and forecasts.
MetaEditors
MetaEditor is a Powerful Tool for Developing MQL5 Programs. Through this tool, you can create technical editors and trading robots on MetaTrader 5. The new program will appear in your MT5 as the tool is linked and will be executed instantly.
Indicators and Analytical Object Tools
Intensify your trading experience with 22 analytical tools, 38 indicators, and 46 graphical objects while trading financial instruments.
Hedging system
Experience trading using the hedging mode system in Exness MT5. Traders can open multiple positions, even exact opposite positions for trading instruments.
- What is Exness MetaTrader 5 (MT5)
- Comparing Exness MT5 with MT4
- Downloading Exness MT5 for PC
- Downloading Exness MT5 for Mobile
- Registration Process on Exness
- Verification Procedure on Exness
- User Interface of Exness MT5
- How to Login to Your Exness MT5 Account
- First Trade on Exness MT5
- Advantages of Trading with Exness MT5
- Troubleshooting Common Issues with Download
- FAQs about Exness Broker
Comparing Exness MT5 with MT4
CATEGORIES | MT4 | MT5 |
Time Frames | 9 Timeframes and 3 Chart Types | 21 Timeframes and 3 Chart Types |
Programming Language | MQL4 | MQL5 |
Pending Order Types | Sell Stop, Buy Stop, Sell Limit, Buy Limit, Take Profit, Stop Loss. | Buy StopLimit, Sell Stop Limit, Sell Stop, Buy Stop, Sell Limit, Buy Limit, Take Profit, Stop Loss. |
Economic Calendar | Not Available | Available |
Archived Orders | Orders older than 35 days are archived. | Orders are not archived. |
Indicators | 30 indicators | 38 indicators |
Download and Install Exness MT5 on Different Devices
There are two options to download Exness MT5.
- You can directly go to the Developer’s site and click on the direct link to download MetaTrader 5, for free.
- You can also download it from the MT5 Broker Site. The official page has a section where you will find all the terminals and the link to the installation files. From the given list you have to click MetaTrader 5 download for PC or Mobile. Then it will redirect you to the page with the needed software.
Downloading Exness MT5 for PC
- Search for MetaTrader 5 setup and double-click on it to start.
- Read the license agreement. Check the “Yes, I agree to the license agreement” box if you agree.
- Where do you want to save the installation file? Click “Next”, if you want to use the suggested folder. Otherwise, click “Browse”, select a folder, and then click “Next”.
- Then, from the Programs menu select a group. Click “Next”.
- To install the MetaTrader trading platform Click “Next” or click “Back” to change anything. Now wait until the downloading is complete on your computer.
- Once the downloading is completed, click “Launch MetaTrader5” to open it and then “Finish”.
Downloading Exness MT5 for Mobile
The fact that the volume of mobile Internet users is constantly growing is known to everyone. This doesn’t leave online trading away. Traders find it more convenient to deal with the financial markets.
Hence, the broker incontinently decided to produce an MT5 app for mobile bias. It means that the MetaTrader 5 download is available for your smartphone. At the moment, MetaTrader 5 brokers give operations for the two most popular operating systems – iOS and Android. Visit the App Store or Google Play for it. The steps are completely the same as for the PC.
Setting Up Your Exness MT5 Account
The Exness trading app has different trading platforms. MT4 is one such platform that was released in 2005 to make financial trading easier and more convenient. In 2010 MT5 Exness online trading platform was released. It was versatile, easy to use, and was packed with features. MT5 became a go-to trading platform for forex and CFD traders. Here’s how to set up MT5:
Registration Process on Exness
After the set up of the Exness trading account, the next step is to get registered as a trader to start trading. Let us discuss the steps required to complete the Exness MT5 registration process.
- Click on “Open an Account” or “Sign Up” after going to the Exness web terminal.
- Select your account type and fill in your personal details.
- Complete the process by verifying your email address.
- Log in to your Exness Personal Area and request an MT5 account.
- Complete the MT5 account application and submit it.
- Verify your request and wait for your MT5 account to be created.
- Download and install the MT5 platform.
- Log in to the MT5 platform and link your Exness trading account.
- Start trading on MT5 with your trading account!
Verification Procedure on Exness
Verifying your trading account is important for security, compliance and to have access to new services. The process is straightforward:
- First, log in to your Personal Area,
- Secondly, upload your ID and address proof, and finally, submit.
- Make sure your documents are clear, legible, current, and in the correct format. Avoid using watermarks. Contact their customer support in case any assistance is needed.
Verifying your trading account is a quick and easy way to protect your funds and ensure that you have access to all the features and benefits that Exness has to offer.
Follow the steps below and learn how to do it:
- Log in to your Exness Personal Account and click on the “Verifying” button.
- Fill in your personal information correctly with your ID and address proof. Upload the copies.
- After submitting your information, the website will review it and then verify your account.
- After being verified, you’ll be able to trade.
A few tips should be kept in mind to have a secured Exness trading account :
- Use a strong and unique password.
- Don’t get into suspicious links or attachments you receive.
- Keep a check on your account activity for any unauthorized transactions.
- Keep your personal and financial information confidential.
- By following these simple tips, you can help to keep your Exness account safe and secure.
Navigating the Exness MT5 Platform
The online metatrader platform has become one of the most efficient trading platforms since 2010. Various tools and features in it have made it easier to trade from any corner of the world effectively. These are the features exness offers:
User Interface of Exness MT5
MetaTrader 5 (MT5) is a powerful and versatile trading platform. It has a wide range of features. One of the key features of MT5 is its ability to automate a trading process. It makes strategies using Expert Advisors (EAs) and MQL5.
MetaEditor
MetaEditor is a specialized tool that allows traders to construct their technical indicators and EAs for MT5. MetaEditor is linked with MT5, due to this the programs automatically appear in MT5. This benefits in making the execution fast.
MetaQuotes Language 5 (MQL5)
MQL5 is a programming language. It is specifically designed for developing trading strategies. MQL5 is a powerful language that permits traders to create complex EAs and technical indicators.
Hedging system
MetaEditor is a specialized tool that allows traders to construct their technical indicators and EAs for MT5. MetaEditor is linked with MT5, due to this the programs automatically appear in MT5. This benefits in making the execution fast.
Charts and timeframes
MT5 has a variety of charting options. It includes 21 timeframes and up to 100 charts at once. The traders can easily track price movements on multiple timeframes. On the basis of this identifying trading opportunities can be done quickly.
Indicators and analytical object tools
MT5 includes a variety of built-in indicators and analytical tools. The traders can use these to analyze the markets and identify trading opportunities. These tools include chart patterns, technical indicators, and Fibonacci retracements.
Fundamental analysis
MT5 provides the trader with a variety of tools for fundamental analysis. The economic calendar and news feed analysis provide traders latest updates to stay aware of market events and economic data that may impact the markets.
Overall, MetaTrader 5 is a powerful and versatile trading platform with features and benefits for all traders across the world. With its advanced features such as MetaEditor, MQL5, charting, and hedging, MT5 serves as an ideal platform for traders who want to automate their trading and develop their own trading strategies.
How to Login to Your Exness MT5 Account
After adding funds to your trading account, you have to log in through the Exness MT5 portal.
Here are the steps to access the Exness MT5 portal,
- Open the MT5 platform on your device.
- Click on the “file” option in the top left corner.
- Select the “Login to trade account” option given in the drop-down menu.
- Enter the trading account number and the password.
- You will get an email on your registered email ID regarding the selection of the server. Choose “exness demo” if it’s a demo account and “exness real” if it’s an exness real account.
- Click on the “login” button.
- The account balance will be displayed at the bottom of the platform. This indicates that you are logged in and ready to begin trading.
First Trade on Exness MT5
Wondering how to initiate an order? That’s pretty simple:
- Select the trading instrument that you want to use from the “market watch” window.
- Select the “new order” option by right-clicking.
- Select the type of order from the “order” window.
- Trade volume will have to be entered.
- Set the price of the order that is to be executed in case of a pending order.
- Set take profit levels and stop loss if required.
- The options “sell by market” or “buy by market” can be selected for the market execution orders. In case of pending orders select “place”.
Advantages of Trading with Exness MT5
A large set of tools: MT5 offers a wide range of tools for technical and fundamental analysis, including 21 timeframes, 38 technical indicators, 44 graphical objects, and up to 100 charts at once. This allows traders to conduct in-depth market analysis and make informed trading decisions.
Deep market analysis
MT5 provides traders with access to a variety of market data, including real-time quotes, economic calendars, and news feeds. This helps traders to stay up-to-date on market developments and make informed trading decisions.
Testing new strategies
MT5 allows traders to create and test their own trading strategies using the MQL5 programming language. With the help of this, traders can back-test their strategies on historical data. They can see their potential performance in different market conditions.
Compatibility with most devices
MT5 is available for download on a variety of devices, including PCs, laptops, tablets, and smartphones. This allows traders to access their trading accounts and trade from anywhere in the world.
Automation of many processes
MT5 offers a variety of features for automating trading processes, such as Expert Advisors (EAs) and automated trading signals. This can help traders to save time and improve their trading efficiency.
In addition to the above advantages, MT5 is also known for its high level of security and reliability. The platform uses encrypted data transmission and advanced authentication and authorization measures to protect traders’ accounts and funds.
Overall, Metatrader 5 is a powerful and versatile trading platform that offers a wide range of features and benefits for traders of all levels. With its intuitive interface, comprehensive set of tools, and high level of security, MT5 is an ideal platform for conducting technical and fundamental analysis, developing and testing trading strategies, and automating trading processes.
Troubleshooting Common Issues with Exness MT5 Download
Exness MT5 is a renowned trading platform that enables traders to trade a variety of financial instruments such as forex, CFDs, stocks, indices, and commodities.
Despite its many features and tools, Exness MT5 users may come across unexpected errors while downloading this trading platform. However, the issues can be simply solved by troubleshooting steps.
Stated below are some troubleshooting common issues with the download of Exness MT5 and its solutions:
Network connectivity issues
Sometimes you are unable to download the Exness MT5 and messages like “Connection Error” or “Invalid Account” may appear. This indicates a network connection error on your device:
💡Solutions:
- You must have a stable internet connection. If not, turn it off and then turn on your network.
- If your internet connection is OK and still you’re facing a problem then try downloading the Exness MT5 portal from a different browser.
- Your sessions may expire or get interrupted. Therefore, simply re-enter your credentials to re-establish a secure connection.
The installation process freezes or crashes
Rarely, while you’re downloading Exness MT5 it might be possible that you’re unable to install it and your installation process is frozen. It’s also possible that your screen might go blank after you’ve downloaded the platform or when you’re trying to download the platform.
💡Solutions:
- Your device should meet the general requirements for Exness MT5. You should also use the preferred version.
- Try restarting your computer before attempting to download the platform again.
- You must have enough free storage on your PCs or smartphones to download the platform.
- Possibly, outdated or corrupted cache and cookies can cause hindrance to the installation process. Before you try to download the platform again, clear your browser’s cache and cookies.
What is the Exness MT5?
Exness MT5 is one of the most powerful online trading platforms. It allows traders to access and trade a wide range of financial instruments(currencies, commodities, and stocks). It is very popular among beginners as well as experienced traders due to the wide range of advanced features and tools that assist traders in making proper trading decisions.