What is MT5?
MetaTrader 5 (MT5) is a comprehensive, multi-asset trading platform built for speed and equipped with advanced tools. Whether you’re managing short-term trades or building long-term strategies, the MT5 trading platform helps you stay in control of your trading strategy.
This guide is a short introduction to MT5 for beginners, as well as seasoned traders interested in applying their experience to MT5. By the end, you’ll have a basic idea about how to use MT5, and how to make the most of your easyMarkets MT5 account.
MT5 at a glance
The MT5 trading platform is a multi-asset platform available on desktop, mobile, and web. It offers 21 chart timeframes, over 80 built-in indicators and drawing tools, and a range of order types to help you manage trades more effectively.
What sets it apart is how much it brings together in one place. From currencies and commodities to stocks and cryptocurrencies, MT5 lets you trade multiple asset classes from a single platform. Combined with automated trading through Expert Advisors (EAs), strategy backtesting, and access to a global community of tools, MT5 adapts to different trading styles.
Key features of MT5
The MetaTrader 5 platform was designed for speed and performance. It stands out in several key areas:
Advanced charting tools
MT5 offers 21 different timeframes, from one minute to one month, making it easier to zoom in or out on price movements. You can overlay multiple indicators, draw custom lines, and configure charts to suit your strategy.
More order types for more control
With six types of pending orders (including Buy Stop Limit and Sell Stop Limit), MT5 gives you greater flexibility when managing your trades. It also supports Market Depth, allowing you to view liquidity in real time.
Economic calendar
MT5 includes a built-in economic calendar. It keeps you informed of major events and their expected impact on the markets without having to switch tabs.
Faster Processing & multi-threaded strategy tester
MT5 was built for speed. Its upgraded architecture enables faster order execution, backtesting, and optimisation of your trading strategies, especially when running Expert Advisors (EAs).
Cross-asset trading from one account
On MT5, you can trade multiple asset classes, from forex and commodities to shares and indices, all from a single account.
MT4 vs MT5: What’s the Difference?
MetaTrader 4 remains a popular choice for forex traders, but the MT5 trading platform goes further. It supports more markets, more timeframes, and a broader set of technical tools:
| Feature | MT4 | MT5 |
|---|---|---|
| Market Coverage | Mainly Forex | Forex, shares, indices, commodities, cryptos |
| Timeframes | 9 | 21 |
| Pending Order Types | 4 | 6 |
| Technical Indicators | 30+ | 80+ |
| Economic Calendar | ||
| Strategy Tester | Single-threaded | Multi-threaded & faster |
| Community Marketplace | ||
| Platform Architecture | 32-bit, single threaded | 64-bit, multi-threaded |
That said, MT4 still holds its ground for traders who focus primarily on forex and prefer a simpler interface. If you are looking for a more advanced trading experience, MT5 may be the better long-term choice for you.
Why trade on MT5 with easyMarkets?
When you trade on MT5 with easyMarkets, you gain access to the full power of the platform alongside added layers of protection, transparency, and support.
Key benefits:
Floating spreads from 0.6 pips. Keep your trading costs low and under your control.
Leverage*. Control larger positions, however, with multiplied risk.
Negative balance protection. Your account is protected from going below zero, so you will never owe more than your deposit.
No commission or hidden fees. What you see is what you trade.
Wide range of instruments. Access forex, shares, metals, indices, commodities, and cryptocurrencies, all from a single easyMarkets MT5 account.
Multi-device access. Trade on the web, desktop, or mobile, wherever you are.
Who is MT5 suitable for?
MT5 is for traders who want greater control, flexibility, and deeper insight into the markets. You choose MT5 if you:
Trade more than just forex
Like testing and optimising strategies
Want access to more technical indicators and timeframes
Use Expert Advisors (EAs)
Want to follow economic news from within your platform
The advanced tools shouldn’t discourage you. MT5 is just as accessible for those new to trading.
Its clean design and intuitive layout make the platform easy to navigate, while the built-in features support you as you learn and develop at your own pace.
Final thoughts
MT5 is a trading platform built for today's fast-moving markets. It is a popular destination for multi-asset trading, offering advanced tools, easy access, and strong performance.
Trading on MT5 with easyMarkets means you benefit from built-in risk protection, dedicated support, and a commitment to transparency at every step.
Ready to experience MT5 with a broker you can trust?
Download MetaTrader 5 with easyMarkets today and see why traders choose MT5.
MetaTrader 5 (MT5) is the proprietary trading platform of MetaQuotes Software Corp. MT5 is a registered brand name of MetaQuotes Software Corp.
*Leverage varies by region. Check our pricing page here for the ratios available where you are.
MetaTrader 5 (MT5) is a comprehensive, multi-asset trading platform built for speed and equipped with advanced tools. Whether you’re managing short-term trades or building long-term strategies, the MT5 trading platform helps you stay in control of your trading strategy.
This guide is a short introduction to MT5 for beginners, as well as seasoned traders interested in applying their experience to MT5. By the end, you’ll have a basic idea about how to use MT5, and how to make the most of your easyMarkets MT5 account.
