How to open real account on mt5?

All registered Exness users can open a demo or a real trading account for MT5 terminal. Sign in to your Personal Area and select 'Open New Account.' There are several accounts to choose from – some of them are meant for beginners and do not require the minimum deposit. There are also professional accounts, but these require an investment of $200 and more. You will need to select you want to trade on MT5, adjust leverage, select the currency and create a password for the account. Now you will see three new buttons – Deposit, Withdraw and Trade. Top up your balance and press trade to learn everything in the trading terminal and make your first trade.

How do I log in to MetaTrader 5?

The procedure is very simple. You should enter the trading terminal from your pc. Find the button 'File' in the menu and select 'Login to Trade Account.' Now you need to add your account number in the login line, password and the server.

How to open an Exness MT5 demo account?

All Exness accounts are managed from the Personal Area page. Here you can review your old archive accounts, manage current ones and open a new trading account. Exness allows its clients to use a demo account for training and testing new strategies. You can use a demo account for MT5 as well. You will get access to virtual $500 for testing the transactions.

How to download Exness MT5 for PC?

If you want to install Metatrader 5 on your computer, you can do it directly from the Exness website. Go to the site and open the 'Platforms' tab. Now select Metatrader 5 and you will be redirected to the page with the download link. Save the installation file to your computer and install the program. Once you complete the process, open the terminal to start trading.

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MetaTrader 5

Exness MT5: The Preferred Choice for Advanced Traders – Download Now

MetaTrader 5 (MT5) is an advanced trading platform designed to provide traders with a diverse range of trading tools, features, and capabilities. In this article, we'll explore the features of Exness MetaTrader 5, comparing its advantages and disadvantages over other Exness platforms such as MT4, Web Terminal, and the mobile application. We'll also take a look at the trading process and the assets available for trading in MetaTrader 5.

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Updated: 01-04-2024

Features of Exness MetaTrader 5

Exness MetaTrader 5 offers numerous features to enhance the trading experience, including:

Advanced Charting
MT5 provides a comprehensive charting system with 21 timeframes, allowing traders to analyze market movements and identify potential trading opportunities. The platform also supports various chart types, including candlesticks, bars, and lines, to suit individual preferences.
Indicators and Analytical Tools
MT5 comes equipped with over 80 built-in indicators and analytical tools, enabling traders to perform in-depth technical analysis. Additionally, users can create custom indicators and import additional tools from the MQL5 marketplace.
Trading Execution
MetaTrader 5 offers various types of trade execution modes, including instant, request, market, and exchange execution. This flexibility ensures traders can choose the execution method that best suits their trading strategies.
Algorithmic Trading
MT5 supports automated trading through the use of Expert Advisors (EAs), allowing users to design, test, and implement algorithmic trading strategies. The platform also features a built-in MQL5 programming language, making it easy for traders to create their own EAs and custom indicators.
Market Depth
MT5 provides a Market Depth feature, which displays the level 2 quotes for various financial instruments. This information helps traders understand the liquidity and depth of the market, enabling them to make more informed trading decisions.

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Advantages of MetaTrader 5 over Other Exness Platforms

MetaTrader 5 offers several advantages over other Exness platforms, such as:

Enhanced Performance
MT5 boasts improved performance and stability compared to its predecessor, MT4. The platform utilizes 64-bit multi-threaded processing, ensuring faster execution of orders and efficient handling of complex calculations.
Expanded Trading Instruments
MetaTrader 5 supports a broader range of financial instruments, including stocks, futures, options, and bonds, in addition to forex and CFDs. This expansion enables traders to diversify their investment portfolios and explore new trading opportunities.
Advanced Analysis Capabilities
MT5 offers advanced technical and fundamental analysis tools, such as the Economic Calendar, which allows traders to keep track of important financial events and news releases. Additionally, the platform includes a built-in news service, providing real-time updates on market developments.

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Disadvantages of MetaTrader 5

Despite its numerous advantages, MetaTrader 5 has some drawbacks:

Learning Curve
Due to its advanced features and expanded capabilities, MT5 can be more challenging to learn and navigate for beginner traders or those accustomed to MT4. However, with time and practice, users can become proficient in utilizing the platform's tools and functionalities.
Compatibility with MetaTrader 4
MT5 is not backward compatible with MT4, which means that EAs, custom indicators, and scripts developed for MT4 may not work on the newer platform. This lack of compatibility can be an inconvenience for traders who have invested time and resources in creating tools for MT4.

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Trading Process in MetaTrader 5

The trading process in MetaTrader 5 is straightforward and efficient. Users can place orders directly from the chart or through the Market Watch window. The platform provides various order types, including market, limit, stop, and stop-limit orders, giving traders flexibility and control over their trades.

Additionally, MT5 allows users to set up alerts and notifications, enabling them to stay informed of significant market movements or events. The platform also includes a comprehensive history and reporting system, allowing traders to review their past trades, analyze their performance, and improve their strategies.

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Tradable Assets in MetaTrader 5

Exness MetaTrader 5 offers a wide range of tradable assets, including:

Forex

Over 100 currency pairs, including majors, minors, and exotic pairs.

Metals

Trade CFDs on various commodities such as gold, silver, oil, and natural gas.

Stocks

Trade shares from leading companies across the world.

Cryptocurrencies

Indices

Speculate on the price movements of popular digital currencies like Bitcoin, Ethereum, and Litecoin.

Access global stock indices, including S&P 500, NASDAQ, and FTSE 100.

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Conclusion

Exness MetaTrader 5 is a powerful and versatile trading platform, offering numerous features and capabilities to enhance the trading experience. Its advantages over other Exness platforms, such as improved performance, expanded trading instruments, and advanced analysis tools, make it a popular choice for many traders. However, the learning curve and compatibility issues with MT4 may be drawbacks for some users. Overall, MT5 provides a comprehensive trading environment suitable for both beginners and experienced traders.

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FAQ

Is Exness MetaTrader 5 available on mobile devices?

Yes, Exness MT5 is available for iOS and Android devices, allowing users to trade on the go.

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What are the costs associated with trading on Exness MetaTrader 5?

Exness offers competitive spreads and commissions, depending on the account type. Additionally, there may be overnight swap fees for positions held overnight.

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Is Exness MetaTrader 5 suitable for beginner traders?

While MT5 has a steeper learning curve than MT4, it is still suitable for beginners who are willing to invest time and effort into learning the platform.

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Can I use my existing Exness MT4 account on MetaTrader 5?

No, MT4 and MT5 accounts are separate. You need to open a new account specifically for the MT5 platform.

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Does Exness MetaTrader 5 offer a demo account?

Yes, Exness offers a free demo account for users to practice their trading strategies and familiarize themselves with the MT5 platform.

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