Platform & Products

MetaTrader 5 features, account types and platform updates explained.

How to Calculate Margin on MT5

The margin for a trade in MetaTrader 5 depends on the symbol’s margin calculation mode, shown in its specification. For currencies it is usually lots × contract size ÷ leverage,...
Where to Find Swap Rates on MT5

Swap rates in MetaTrader 5 are in each symbol’s specification. Right-click the symbol in Market Watch, choose Specification, and read four fields: the swap type, which says what unit the...
Close, Partially Close or Modify on MT5

To close a trade in MetaTrader 5, open the Toolbox Trade tab, right-click the position and choose Close Position, then confirm. To close only part of it, change the volume...
Why Your Order Filled at Another Price

An order in MetaTrader 5 can fill at a price different from the one you saw for five main reasons: buys are filled at the ask while charts show the...
How to Place a Pending Order on MT5

A pending order in MetaTrader 5 is an instruction to open a trade automatically when the price reaches a level you choose. There are six types: buy limit and sell...
How to Use a Trailing Stop on MT5

A trailing stop moves your stop-loss behind a winning trade. In MetaTrader 5 you set it on an open position: right-click the position in the Trade tab, choose Trailing Stop...
Indicators and Timeframes on MT5

MetaTrader 5 adds indicators from the Insert menu or by dragging them from the Navigator panel onto a chart, and changes timeframes from the toolbar, the chart’s right-click menu or...
How to Read Your MT5 Trade History

Everything that has happened on your account is in the History tab of the MetaTrader 5 Toolbox. It can be shown three ways: positions, which group each trade from opening...
How to Install MetaTrader 5

MetaTrader 5 runs on Windows, macOS, iPhone, Android and in a browser. Install it from your broker’s own download page where possible, because that build is already pointed at the...
MT4 vs MT5: Key Differences

MetaTrader 5 is not a newer version of MetaTrader 4; it is a different platform built on a different programming language. MT5 has more timeframes, more pending order types, both...
MetaTrader 5 vs Web Trader

Web Trader runs MetaTrader in a browser with nothing to install, and the installed desktop platform gives the full feature set. Both connect to the same account, so a position...
How to Open a Demo Account

A demo account lets you use the platform and the markets with virtual money. Opening one takes a few minutes: register, choose the account settings, and log in to MetaTrader...