Help Center
What is MT5 (MetaTrader 5)?
MetaTrader 5 (MT5) is the next-generation trading platform developed by MetaQuotes, designed to offer enhanced features, improved performance, and broader asset support compared to its predecessor, MetaTrader 4 (MT4). It’s an all-in-one platform ideal for traders who want multi-asset trading, faster order execution, and more advanced charting and analytical tools.
Whether you’re just starting out or looking to upgrade your trading toolkit, MT5 is a robust and versatile platform that supports every stage of your trading journey.
🚀 Key Features of MT5
- Multi-Asset Trading: Trade Forex, Stocks, Futures, Commodities, Indices, and Cryptocurrencies (depending on your broker).
- Advanced Charting: Access 21 timeframes, 80+ built-in technical indicators, and unlimited charting possibilities.
- Faster Order Execution: MT5 is built on a 64-bit architecture for improved speed and performance.
- More Order Types: Includes buy/sell stop limits and partial order fills.
- Integrated Economic Calendar: Stay informed with live news, earnings, and global economic events directly in the platform.
- Hedging & Netting Options: Trade with multiple strategies across one account.
- Improved Strategy Tester: Optimize your Expert Advisors (EAs) using multi-threaded and multi-currency testing environments.
🖥️ Where Can You Use MT5?
MT5 is available across multiple devices:
- Desktop App (Windows/macOS)
- Mobile App (iOS/Android)
- Web Terminal (accessible via browser without installation)
📈 What Can You Trade with MT5?
Depending on your broker’s offering, MT5 supports:
- Forex (Major, Minor, Exotic pairs)
- Commodities (Gold, Oil, Natural Gas)
- Indices (S&P 500, DAX, FTSE, etc.)
- Stocks & Equities
- Cryptocurrencies
- CFDs and Futures
🔧 Customization & Automation
MT5 provides extensive customization tools:
- Create or install custom indicators, scripts, and Expert Advisors using MQL5
- Use trading robots to automate strategies
- Set alerts for price levels, economic events, or technical conditions
- Save chart templates and layouts for efficient multi-screen analysis
🆚 MT5 vs. MT4: What’s the Difference?
| Feature | MT4 | MT5 |
|---|---|---|
| Asset Classes | Mostly Forex & CFDs | Forex, Stocks, Futures, Crypto |
| Timeframes | 9 | 21 |
| Technical Indicators | 30+ | 80+ |
| Economic Calendar | ❌ Not included | ✅ Built-in |
| Strategy Tester | Basic | Multi-threaded, multi-currency |
| Order Types | 4 | 6 (includes stop limit orders) |
| Programming Language | MQL4 | MQL5 |
💡 Who Is MT5 Best For?
- Traders looking for more asset diversity
- Those who want enhanced backtesting and automation
- Multi-strategy or portfolio traders
- Advanced users needing faster execution and deeper analytics
🔐 Getting Started with MT5 on The Traders Network
- Open a trading account with a supported broker (such as Coinexx or others listed on The Traders Network)
- Download MT5 from your broker’s platform
- Log in using your account credentials
- Start exploring the tools, placing trades, or testing strategies
Need help installing MT5? Check our Setup Guides and Video Tutorials in the Resources Center.
📬 Need Assistance?
If you’re unsure which version to choose, or need help getting started with MT5:
📧 Email: [email protected]
Go beyond the basics. Trade smarter, faster, and more flexibly with MT5.
Power your journey — with The Traders Network by your side.