MetaTrader 5 (MT5) is a popular trading platform used by traders worldwide to buy and sell assets in the financial markets. It offers advanced features that allow traders to analyse market trends and make informed decisions. The platform supports multiple assets, including forex, commodities, indices & stocks and is available on various devices, including mobile devices.
How to download MT5 on iOS?
If you are an iOS user and want to download MT5 on your device, follow these simple steps:
Step 1: Open the App Store on your iOS device and search for “MetaTrader 5” in the search bar.
Step 2: Once you find the MT5 app, click on “Get” to start the download process.
Step 3: Wait for the app to download and install on your device. Once installed, you can
open the app and sign in with your account credentials to start trading.
Features of the MT5 platform on iOS:
Here’re some of the important features of the MT5 platform –
- Multiple chart windows: The MT5 platform on iOS allows you to view multiple chart windows at once, making it easier to analyse different assets and market trends simultaneously.
- Customizable indicators: MT5 on iOS comes with a variety of built-in technical indicators that you can use to analyse the market. Additionally, you can also add custom indicators to the platform or create your own, giving you greater flexibility and control over your analysis.
- One-click trading: One-click trading feature allows you to execute trades with just one click, making it faster and more convenient to enter and exit positions.
- Advanced order types: Another reason to have MT5 free download app is that it supports a variety of advanced order types, including stop-limit orders, trailing stops, and market orders, giving you greater control over your trades.
- Trading history: MT5 on iOS keeps a record of your trading history, including your orders, positions, and account balance, allowing you to review your past trades and identify areas for improvement.
- Push notifications: Traders can get push notifications for important events, such as when an order is executed or when an asset reaches a certain price level, helping you stay informed and make timely decisions.
What is demo trading on MT5?
If you’re new to trading or want to test out MT5 before investing real money, you can try out the demo trading feature. Demo trading is a simulated trading environment where you can practise trading with virtual money without risking your own capital. It’s a great way to learn how to use the platform and test out different trading strategies.
Benefits of Demo Trading
- Risk-free trading: It allows you to trade without risking your own money.
- Realistic market conditions: The demo trading environment simulates real market conditions, allowing you to test out your trading strategies in a risk-free environment.
- Learn how to use the platform: It is a great way to learn how to use the platform and its various features.
While demo trading is a great way to practise trading, it’s important to remember that it’s not the same as trading with real money. The emotions and psychology involved in trading with real money are different, so it’s important to use demo trading as a tool to learn and practice, not as a substitute for real trading.
MT5 is a powerful trading platform that offers advanced features and supports multiple assets. If you’re an iOS user, you can easily download the MT5 app from the App Store and start trading on the go. Additionally, demo trading is a great way to learn how to use the platform and test out different trading strategies without risking your own capital. Whether you’re a beginner or an experienced trader, MT5 has something to offer for everyone.