Exness MT5: A Platform for Trade on PC and Mobile Devices
Exness MetaTrader 5 (MT5) is an all-in-one trading platform perfect for beginners and pro traders. It brings many tools like detailed charting options, lots of technical markers, and direct trading from charts. Thanks to its easy-to-use design, traders can move around the platform and handle their trades smoothly. Plus, MT5 lets people trade in various areas like forex, stocks, futures, and CFDs, all in one place.
Exploring Exness MT5
Exness MetaTrader 5 (MT5) is a powerful platform for trading various financial instruments, including currency pairs, stocks, indices, and cryptocurrencies. It offers advanced features such as the ability to develop trading robots and technical indicators through the specialized MetaEditor tool. The platform also supports a programming language for trading strategies, the MetaQuotes Language 5 (MQL5), which allows the creation of scripts, trading robots, and indicators.
MT5 is designed with an intuitive interface that makes it easy for traders to monitor their trades and make informed decisions. It provides real-time market quotes and allows traders to execute orders with minimal latency. Furthermore, MT5 includes a comprehensive suite of analytical tools that enable traders to perform detailed market analysis. These tools include technical indicators, graphical objects, and a wide range of timeframes for charting.
How to Download Exness MT5 for Different Devices?
Exness MT5 is available for download on various devices including Windows PC, MAC OS, Android, and iOS. To download the platform, visit the official Exness website and navigate to the ‘Platforms’ section. Here you will find links to download MT5 for your preferred device.
Exness MT5 for Windows
To install MetaTrader 5 for Windows:
- Download the MT5 installation file.
- Start the installation by running the file from your web browser or by giving it a double-click right where it downloaded.
- You can modify where you install MT5 by clicking Settings for your preferences, or simply click Next to agree to the End-User License Agreement and continue.
- After the installation wraps up, click Finish, and MT5 will automatically launch.
Exness MT5 for MAC OS
For MetaTrader 5 on macOS, do this:
- Head to Exness’ official site and choose ‘Platforms’.
- Select the macOS download link.
- After downloading, click the install file.
- Go through the setup steps shown.
- Once set up, start MT5 and use your Exness details to log in.
Exness MT5 for Android
For MetaTrader 5 on Android:
- Open your device’s Google Play Store.
- Look up ‘MetaTrader 5’.
- Press ‘Install’ to get and set up the app.
- After it’s on, launch the app and sign in with your Exness info.
Exness MT5 for iOS
To get MetaTrader 5 for iOS:
- Start the App Store on your Apple device.
- Find ‘MetaTrader 5’.
- Tap ‘Get’ to download and set it up.
- Once it’s ready, launch and sign in using Exness details.
Exness MT5 can be downloaded for different gadgets like Windows PC, macOS, Android, and iOS. To get the platform, go to Exness’ main website and pick the ‘Platforms’ area. There, you’ll spot download links for MT5 on the device you like.
How to Start Trading with Exness?
Beginning your trading journey with Exness is a straightforward process. Follow these steps to navigate the setup, get familiarized with the platform, and make your first trade.
Sign Up on the Exness Platform
To sign up for an account on Exness:
- Visit the official Exness website.
- Once you’re on their homepage, spot the ‘Open Account’ button situated at the upper-right corner.
- Fill in the registration form with your personal details such as your full name, email address, and phone number.
- Set a strong password for your account
- Read and accept the terms and conditions.
- To wrap up the registration process, click on ‘Open Account.’
Shortly, you’ll receive a confirmation email containing a link to verify your email address. Click on this link to activate your account.
Verify Your Identity and Address
After signing up, you’ll need to verify your identity and address. This is a standard procedure known as Know Your Customer (KYC) that is required by financial regulators to prevent fraud and money laundering.
- Log in to your Exness account.
- Navigate to the ‘Verification’ section.
- Upload a clear photo or scanned copy of your government-issued ID (passport, driver’s license, or national ID card).
- To verify your address, upload a clear photo or scanned copy of a utility bill or bank statement that clearly shows your full name and residential address.
The verification process usually takes a few hours but can take up to several days during peak times.
Choose Your Trading Account Type
Exness offers several types of trading accounts to cater to different trading styles and levels of experience:
- Standard Cent Account: Ideal for beginners, this account allows you to trade with minimal risk.
- Standard Account: Suitable for experienced traders, this account offers more features and flexibility.
- Pro Account: Designed for professional traders, this account offers lower spreads and faster execution.
- Zero Account: This account offers zero spreads on major currency pairs but charges a commission per trade.
To choose your account type:
- Log in to your Exness Personal Area.
- Navigate to the ‘Accounts’ section.
- Click on ‘Open Trading Account’.
- Choose the type of account you prefer from the drop-down menu.
- Choose your base currency.
- Set your leverage.
- Click on ‘Open Account’.
Make a Deposit
To begin trading, you’ll need to add money to your trading account. Here’s how:
- Log in to your Exness Personal Area.
- Navigate to the ‘Deposit’ section.
- Select your trading account from the dropdown menu.
- Choose your preferred payment method (credit/debit card, bank transfer, e-wallets like Skrill or Neteller).
- Enter the amount you wish to deposit.
- Follow the steps given for your selected payment method.
Your funds will be credited to your trading account instantly or within a few business days, depending on the payment method.
Log in to Exness MT5
After you’ve successfully added funds to your trading account, accessing and trading via Exness MT5 becomes your next step:
- Start by launching the MT5 platform on your preferred device.
- Direct your attention to the top left corner of the platform. Here, you’ll see the ‘File’ option. Click on it.
- Choose the ‘Login to Trade Account’ option from the drop-down menu.
- At this point, you’ll need to input your Exness account number along with the password you’ve set.
- Now, select the appropriate server. This would be mentioned in the registration email you received. For instance, choose ‘Exness-Real’ for a real trading account or ‘Exness-Demo’ if you’re working with a demo account.
- Proceed by clicking on the ‘Login’ button.
Once logged in, you’ll notice your account balance displayed prominently at the platform’s bottom. This indicates you’re all set to start trading!
Place Your First Order
Placing an order on MT5 is straightforward:
- Pick the trading instrument you want from the ‘Market Watch’ window.
- Right-click on it and select ‘New Order’.
- In the ‘Order’ window that pops up, select the type of order (Market Execution or Pending Order).
- Enter the volume of your trade (in lots).
- If you’re placing a Pending Order, set the price at which you want the order to be executed.
- Set Stop Loss and Take Profit levels if desired (these are prices at which your trade will close automatically to limit losses or lock in profits).
- Click on ‘Sell by Market’ or ‘Buy by Market’ for Market Execution orders or ‘Place’ for Pending Orders.
Congratulations! You’ve just placed your first order with Exness MT5!
Main Features of Exness MT5
Exness MetaTrader 5 (MT5) stands as a sophisticated trading platform, packed with numerous attributes designed to elevate your trading journey. Let’s delve into its principal features:
- MetaEditor Integration: Within MT5, the tailored MetaEditor tool facilitates the creation of trading robots and technical indicators. Since it’s seamlessly integrated with the platform, any new program you develop promptly shows up in your MT5 and can be activated without delay.
- Advanced MQL5 Programming: MQL5, a language tailored for devising trading strategies, enables you to craft scripts, trading bots, and indicators. This evolved version has surpassed MQL4 by overcoming its constraints, offering enhanced functions and more graphical elements.
- Hedging Capabilities: With Exness’ MT5, engage in trades utilizing the hedging mode. This permits you to establish diverse positions, even contradictory ones, for a single trading asset.
- Versatile Charts & Timeframes: Observe live price fluctuations using charts ranging from 1-minute to 1-month spans, with the ability to view up to 21 distinct timeframes concurrently. This helps traders to instantly react to price shifts and archive quote histories efficiently.
- Comprehensive Fundamental Analysis: MT5 equips you with fundamental analysis tools, inclusive of an integrated Economic Calendar, to keep you updated on pertinent news, anticipated market reactions, and predictions.
- Amplified Indicators & Analytical Instruments: Elevate your trading with 38 inherent indicators, 22 insightful tools, and 46 graphic objects when you engage in trades on this platform.
- Diverse Execution Modes: MT5 embraces both instant and market execution, granting traders versatility in how they place orders.
- In-Depth Level 2 Quotes: MT5 incorporates Level 2 quotes, empowering traders with a deeper insight into market depth and its underlying dynamics.
- Adaptive Trailing Stop: With the trailing stop functionality, MT5 can auto-adjust your stop loss, reflecting market progression in your direction, ensuring your gains are safeguarded.
These assorted attributes solidify Exness MT5 as an indispensable resource for traders, irrespective of their expertise level.
How do I create an account on the Exness platform?
To create an account on Exness, visit their website, click on ‘Open Account’, and complete the registration form with your details.
How do I access my Personal Area?
Accessing your Personal Area is simple. Just log in to your account on the Exness website using your registered email and password.
Why do I need to confirm my identity and address?
Confirming your identity and address, a process known as KYC, is a regulatory requirement designed to prevent fraudulent activities and money laundering.
What are the different types of trading accounts available?
Exness offers several types of trading accounts to cater to different trading needs. These include the Standard Cent, Standard, Pro, and Zero accounts.
How do I deposit funds into my account?
Depositing funds into your account can be done through the Exness Personal Area. Go to the ‘Deposit’ section and then follow the provided instructions.
How do I access Exness MT5 with my login details?
To access Exness MT5, open the platform on your device, click on ‘File’, select ‘Login to Trade Account’, and enter your Exness account number and password.
How do I execute my first order?
Executing your first order involves selecting the instrument you wish to trade, right-clicking on it, selecting ‘New Order’, and following the prompts in the ‘Order’ window.