For those who are planning to step into the world of online trading should surely consider MetaTrader 5, which is a cutting-edge platform that empowers traders with its advanced features and user-friendly interface. Whether you’re a seasoned trader or a novice, learning how to download MetaTrader 5 on various devices is the first step towards unlocking endless possibilities in the financial markets. In this comprehensive guide, we will walk you through the simple and hassle-free process of obtaining MetaTrader 5 on your desktop computer, laptop or smartphone. You can surely look forward to a smooth trading journey by following the steps for easily acquiring this powerful trading platform on different devices.
Facts about MetaTrader 5 and MT5 Trading
Before we get into the process of MetaTrader 5 download and installation on different devices, we want beginner traders to have a better understanding of this sophisticated software solution and the scope of MT5 trading which we have covered in a simple and straightforward manner with some precise points. Read More
- MetaTrader 5 (MT5) is a modern multi-asset trading platform developed by MetaQuotes Software Corporation, following the lead of its previous version MetaTrader 4 (MT4) designed to offer enhanced features and capabilities for traders.
- MT5 supports trading in various financial markets, including forex, crypto, commodities, futures, stocks etc. Plus it provides a user-friendly interface with customizable charts, indicators, and analytical tools.
- MT5 offers advanced order types, including market, limit, stop, and trailing stop orders, allowing traders to implement various trading strategies and also offer a wide range of technical analysis tools, including over 80 built-in indicators and graphical objects for in-depth market analysis.
- MT5 has a built-in programming language called MQL5, which enables traders to create custom indicators, scripts, and EAs to enhance their trading strategies and also supports automated trading through the use of expert advisors (EAs) and trading robots, allowing traders to execute trades automatically based on predefined rules.
- MT5 provides a comprehensive backtesting functionality, allowing traders to test their trading strategies using historical data before deploying them in live trading.
- Supports automated trading through the use of expert advisors (EAs) and trading robots, allowing traders to execute trades automatically based on predefined rules.
- MT5 is available as a desktop application for Windows and Mac, as well as mobile apps for iOS and Android devices, providing traders with access to their accounts and the markets on the go.
- The platform offers secure and encrypted communication between the trader’s terminal and the broker’s server, ensuring the confidentiality and integrity of trading operations.
- The platform allows traders to create multiple trading accounts and switch between them easily, enabling them to trade different instruments or employ different strategies simultaneously.
- MT5 supports multilingual capabilities, allowing traders from different regions to use the platform in their preferred language.
- It has a large and active community of traders, developers, and brokers who share resources, strategies, and support through online forums and communities.
MetaTrader 5 Download for Windows in Simple Steps
- Visit the official MetaTrader 5 website or Go to your chosen brokerage and click on the “Download” button with the MT5 link.
- On the download page, you will see various options. Select the version suitable for Windows operating system.
- Click on the download button for the Windows version, and the installation file. It will begin downloading to your computer.
- Once the download is complete, go to your computer’s default download location or the folder where you saved the file.
- Run the installer by double clicking on the file.
- Read the terms and conditions of the software and click on the “Next” button if you agree.
- Select the folder where you want to install MetaTrader 5 or keep the default location, and click on “Next.”
- The installer may provide you with options like creating shortcuts on your desktop or Start menu. See the options available and choose what you prefer.
- Click on the “Install” button and wait for the installer to complete the installation process.
- Once the installation is finished, you will see an option to launch MetaTrader 5. Check the box if you want to start the program immediately and click on “Finish.”
Note: The exact steps may vary slightly depending on the version of MetaTrader 5 you are downloading and your computer’s settings. After this you can open a new forex demo account and login to start trading.
MetaTrader 5 Download for MAC in Simple Steps
- Open a web browser on your Mac.
- Go to the official MetaTrader 5 website or any trusted broker’s website that offers the MetaTrader 5 platform.
- Look for the “Downloads” or “Platforms” section on the website and click on the “Download for Mac” or similar button/link.
- A file named “MetaTrader5.dmg” or similar will start downloading and once the download is complete, locate the downloaded file in your Mac’s Downloads folder or any other preferred location.
- Double-click on the downloaded file to open it. This will mount the MetaTrader 5 installation disk image.
- In the disk image, you will find the MetaTrader 5 application file (usually named “MetaTrader 5.app”).
- Drag and drop the MetaTrader 5 application file to the Applications folder on your Mac and Wait for the copying process to complete.
- Once the application is copied, you can close the disk image and eject it from your Mac.
- Go to the Applications folder on your Mac and locate the MetaTrader 5 application. And double-click on the MetaTrader 5 application to launch it.
- If you see a prompt asking to confirm that you want to open the application, then click “open”.
Please note that the steps may vary slightly depending on the source from which you download MetaTrader 5 but general steps remain the same.
MetaTrader 5 Download for Iphone Users
- Visit the App Store on your iPhone device and search for “MetaTrader 5” in the search bar.
- Once you locate the official MetaTrader 5 app developed by MetaQuotes Software Corp, tap on the “Get” or “Download” button next to the app.
- If required, authenticate your download with your Apple ID password, Touch ID, or Face ID.
- After that the app will get downloaded and installed on your iPhone.
MetaTrader 5 Download for Android Users
- To download MetaTrader 5 on Android, open the Google Play Store on your device.
- Search for “MetaTrader 5” in the search bar within the Play Store.
- Locate the official MetaTrader 5 app developed by MetaQuotes Software Corp and Click on the “Install” button.
- Accept the necessary permissions required by the app to proceed with the installation.
- The app will begin downloading and installing on your Android device.
- Once the installation is complete, you can find the MetaTrader 5 app icon on your home screen or in the app drawer.
Conclusion
So, these were the simple steps for downloading and installing the free and powerful MT5 platform on your desktop systems and smart phones. It is great that MT5 is compatible with a bunch of different devices as it allows each and every trader to access the platform and explore its features with greater ease and convenience. This is a wonderful opportunity for traders who wish to explore multiple asset classes and modern trading techniques on MetaTrader 5 platform.