The Best MetaTrader 5 in 2026

MetaTrader 5: Are you an investor interested in online trading and looking for a top-quality platform? Here you'll find MetaTrader 5, the technical solution that appears to be the best platform currently available. You'll also find a list of the best brokers offering MT5 for PC, Mac, mobile, or tablet, as well as explanations on how to install and use this solution, which includes numerous practical features.

How to Install MT5

First of all and before using MetaTrader 5, you will need to create a trading account with one of the brokers we have just introduced to you.

Indeed, it will be easier for you to download this platform from the link on your broker's site and to link your account to it than to proceed in the opposite direction.

Download MT5 on PC

MetaTrader 5 is a platform available for download and therefore requires installation on your PC or MAC. Regarding the method to download MetaTrader 5 on PC, here are the steps to follow:

1. First, access the site of the broker you have chosen to use this platform.
2. Once your account is created, you will be asked to choose a platform, including among the different versions of MetaTrader. Select MT5 or MetaTrader 5 and you will access the link allowing you to download the station.
3. If you are not redirected directly to the download link, you can access it from the "Trading Platforms" menu. Make sure to select MetaTrader 5 for Windows here.
4. If your computer is running Windows, the platform will be downloaded directly from your web browser.

Download MT5 on Mac

As you may have noticed in the table of top MetaTrader 5 brokers, not all brokers offer a version of this platform for Mac OS Catalina. In the event that a link to download MT5 is present on your broker's site, follow the same steps as described above but if this is not the case, fortunately there are solutions.

Indeed, you can install this trading platform on Mac OS thanks to the free Wine application. It is an open source application whose purpose is to allow the execution of applications originally designed for Microsoft Windows but on Unix-type operating systems. Moreover, one of the versions of Wine is specifically designed for Mac OS.

However, it is important to remember that Wine can sometimes limit the functionality of certain applications because it is not entirely stable. If you have problems running MetaTrader 5 on Mac, you can use the online version.

MT5 for Mobile and Tablet

Of course, mobile trading is one of the most popular ways of investing today and it would be a shame not to take advantage of this opportunity to take a position in the market anytime and anywhere. Where are you.

Fortunately, today there is a mobile and tablet version of MetaTrader 5 available on Android and iOS. Several brokers indeed offer versions of MT5 adapted to these terminals and links to the download pages of these applications.

You can download MetaTrader 5 from the AppStore or the Play Store for free or click on the link offered by your broker which will take you to this page.

It should be noted that mobile trading allows you to easily access the stock markets from your smartphone or tablet and to connect to your broker's server. Many features present on the computer version are of course found on the mobile version of MT5 including:

• The ability to track and analyze the quotes of different assets and stock market instruments.
• The ability to place orders and open or close your positions.
• The possibility of carrying out value analyses.

How to Use MT5

Now that you know how download the MetaTrader 5 platform, let's find out how to use it with the different stages of order placement and the use of the major features available.

Deposit and Withdraw Money on MT5

Since MetaTrader 5 is actually a trading software and not a broker, it does not have a function to deposit or withdraw money. Indeed, MT5 is not attached to a banking system but only to your trading account which is hosted by your broker and not directly on the software.

To deposit and withdraw money on MT5, you must therefore do so from the page of your broker reserved for this purpose. The means of deposits, withdrawals and any fees applied to these operations do not depend on MT5 but on the policy applied by your online broker.

Placing an Order on MT5

Now let's move on to practice by discovering how it is possible to place orders from the MetaTrader 5 platform. Here are the steps to follow:

• First, go to the “Tools” tab in the menu bar from the platform’s home page.
• Then click on “New Order”.
• A new window called "Market Watch" will then open. There you will find the list of assets available according to your broker, and you will simply have to double-click on the one that interests you.
• Then select “New Order”.

You can also access this window by right-clicking from the lower terminal and selecting "New Order". It is also possible to simply press F9 for the 1-Click Trading function from the chart of the asset you are interested in.

Once you've completed these steps, you'll be taken to an order screen with a chart on the left and customizable order details on the right. The chart shows bid and ask prices and spreads in real time. The details section shows the following fields:

• Symbol – This field indicates the asset on which you wish to take a position.
• Order type – Here you can choose between a Market Execution order or a Pending Execution order.
• Volume – This field indicates the quantity you wish to trade in lot sizes. The lot size will depend on your broker, as well as the type of asset and account you hold.
• Stop Loss & Take Profit: From this field, you can directly place stop loss and take profit orders in order to secure your positions.
• Comment – ​​Finally, you will be able to add one or more notes about your position directly in this section. Documenting your strategies is indeed highly recommended to improve your performance.

If you have difficulty knowing how to use MetaTrader 5, you will easily find a tutorial in French in pdf or in other online formats.

The Different Orders Available on MT5

The MetaTrader 5 trading platform offers a number of orders including of course stop loss and take profit orders which allow you to determine your maximum loss or the price at which you will close your position to take your profits. A distinction is also made between market orders and pending orders.

Indeed, when you place a market order, the buy or sell order is executed at the current price of the asset and therefore in real time. But if you place a pending order, it will be triggered at a certain price determined in advance and therefore in the future.

MetaTrader 5 currently offers 5 different order types for traders including:

• The Buy Stop order – This is a purchase order placed at a price higher than the current price of the asset. The expectation is that the upward trend will continue once this level is reached and the position is taken.
• The Sell Stop order – This is a sell order that is triggered at a price lower than the current price of the asset. The expectation is that the downward trend will continue after this level is reached.
• The Buy Limit order – This order is a purchase order at a price lower than the current price of an asset. The expectation here is that the price will rise after falling to this level.
• A Limit Sell Order – This is an order that allows you to sell an asset at a price higher than the current price. The expectation here is that the price will fall after reaching this peak.
• The Biy Stop Limit order – This order is actually a combination of stop buy and limit buy orders, allowing you to secure your position.vantage the positions. So, here you can set both a high limit and a low limit that will trigger the purchase or sale of the asset.
• The Sell Stop Limit order – Just like the previous one, this order is a combination of several sell stop and sell limit orders allowing you to determine a sell stop limit at a price lower than that of the asset and, once reached, a sell limit order.

Of course, the fact of placing stop loss or take profit orders on your positions does not mean that you have to wait for the automatic triggering of these orders. You always have the possibility to trigger these orders manually and open and close your positions whenever you want.

Configure and Track Positions

One of thevantages of the MT5 platform is that it allows positions taken on the market to be managed and configured simply and quickly. Indeed, it provides different tools for this purpose.

To monitor open positions, simply go to the “Trading” tab in the “Toolbox” window.

For each position, the following parameters are displayed:

• Financial instrument
• Type
• Volume
• Profit Current loss

You can also view the current status of your trading account and the total financial results of all open positions. In the "Exposure" tab, you can find a summary of information regarding the asset status of all open positions.

Note here that the display of capital is done here according to the risk management system applied by the broker and the type of account chosen by the trader.

In the "Assets" section, you can also understand how your capital is being used. You can also view the liquidation value, which corresponds to the amount of funds invested, and the closing price of all positions at market price.

Get MT5 Reports

Always with the aim of helping you achieve good performance and improve your investment strategies, MetaTrader 5 allows you to download reports of your trading activity. The latter thus group together all the information concerning your trading positions, your losses or your gains on all past transactions.

To access these reports, you need to go to the "Terminal" section and click on "History". Here, select the report and the period you are interested in and click on "Save Report".

The report is presented in different sections with the following blocks:

• Header – Here you will find the brokerage firm, the account number, the name of the account holder and the currency of the deposit as well as the date of the report?
• Orders – Here you will find the history of all orders placed in a table with different tabs containing different information about each order.
• Transactions – In this block, you will find the positions executed on the account, also in a table with the additional parameter Profit/Loss recorded, i.e., the ratio between the total profit and loss of all positions.
• Positions – This block displays all open positions in the account in a table with also the Floating Profit/Loss parameter or profit/loss of all open positions.
• Active Orders – Here again, this is a table listing all active orders, i.e. pending orders and market orders that have not yet been executed.
• Summary – Finally, the “summary” block includes various information regarding account deposits and withdrawals, account credit facilities or credit funds, the total profit/loss of all closed trades and all open positions, the account balance not including the results of currently open positions, the account equity including the results of currently open positions, the margin i.e. the amount of funds needed to maintain open positions and the free margin of the account.

Customize MT5 Charts

Of course, the stock charts offered by MetaTrader 5 are fully customizable. They are useful both for carrying out technical analyzes of your assets and for executing Expert Advisors. Of course, they are also used to follow the price of assets in real time or to act on the markets. It is possible to open more than a hundred charts simultaneously on this platform but also to customize the information and the display of the latter.

Open a Chart and Edit MT5 Periodicity

To open a chart on MT5, simply drag an instrument from the Market Watch window to an open chart. This will automatically make the asset that was present there before disappear. To open this chart in a new window, you must hold down the Ctrl key while dragging this asset.

When several charts are open simultaneously, you can quickly and easily find the one you are interested in by selecting the symbol of the asset from the Market Watch or by selecting an order or a position in the Trade or History section.

Changing the Color of an MT5 Chart

Of course, you also have the option of changing the appearance of your MT5 charts. To do this, you can show or hide elements or even change the color of the chart. The platform offers by default three different chart color schemes that you can select from the chart properties.

It is also possible, for each element of the graph, to choose the color to be applied yourself.

Chart properties can be accessed by clicking "Properties" from the context menu or from the "Charts" menu.

Manage Chart Organization

In case you have opened several charts from your MT5 trading platform, you will have the possibility to manage and organize them as you see fit.

To do this, you need to go to the "Window" menu and select the type of chart arrangement that suits you best from the various choices offered.

Show Values ​​on Charts

Still in the context of customizing your charts, you have the option of displaying the time, the precise price of the asset or even the precise values ​​of the indicator. To do this, you just need to use the cross and the data window.

In the "Line Studies" toolbar, check the cross to display the exact values ​​of a chart point on the price and time scales.

From the data window, you will also be able to obtain datavantage details regarding the current position such as date and time, bar parameters, volumes or spread as well as the values ​​of the different indicators.

Show Indicators

To implement and carry out quality technical analyses, MT5 provides numerous indicators and graphic objects. In total and in addition to the possibility of using many charts simultaneously, you can display up to 38 basic indicators and 44 graphic objects in addition to 21 different timeframes.

The indicators here can be displayed directly on the charts of the MetaTrader 5 platform and are classified into categories with:

• Trend indicators
• Oscillators
• Volume indicators
• Bill William Indicators
• Custom indicators

To these indicators are added graphic objects that you can add manually with geometric shapes, channels or even Gann, Fibonacci and Elliot tools.

Include and Modify a Chart Indicator

To use a chart indicator from the MT5 platform, simply drag it from the Navigator window. You can also select your indicators from the "Insert" menu or with the "F" button in the toolbar.

Note that it is also possible to insert a technical indicator in a separate indicator window with its own vertical scale like the MACD or to apply it directly on a chart like with the Moving Averages.

Changing Parameters of a Chart Indicator

Once a chart indicator has been set up on MT5, it is possible to modify its execution parameters. To do this, you must first select the indicator from the list and click "Properties". You can also access it via the indicator's context menu on the chart.

From this contextual menu, you can:

• Open indicator properties
• Delete an indicator
• Remove indicator window when open in separate window
• Open indicator list window

Use Expert Advisors

Of course, MetaTrader 5 also offers trading robots or Expert Advisors which are programmed in MQL5 language. These robots can thus open or close positions thanks to an automatic trading mode. Indeed, they act on the market according to a trading strategy defined in advance and open, monitor and close orders for you.

Of course, the strategies that these MetaTrader 5 ea follow are varied and range from the simplest strategies to the most complex algorithms like high frequency trading.

From the MT5 platform, Expert Advisors are classified into different categories including:

• Automated EAs including order management and risk management
• Semi-automatic EAs
• Manual EAs with alerts on orders or chart information

Create an EA or indicator

If you are one of the traders who master programming, you will have the opportunity to create expert advisors from MetaTrader MQL5.

The MetaEditor makes it possible to program expert consultants as well as indicators and scripts through this language.

To create your EA, you can access this editor from the toolbar button. Here you can program indicators or trading robots but also use those that have been developed by other traders. Scripts work like small computer programs that automate short and repetitive actions.

Perform a Backtesting with the Strategy Tester

MetaTrader 5 also offers a strategy tester that will allow you to test your expert advisors using historical price data. It thus makes it possible to test the performance of an EA in a simulation environment.

By testing your auto trading robot in this way and aiming for a low temporary loss rate, you can ensure that your program is reliable before implementing it in your real trading environment.

Join the MQL5 Community

Giving everyone the possibility to create expert advisors and indicators has allowed the creation of a real community of passionate MQL5 developers.

The community is accessible on an independent site and allows you to find all the open source MQL5 programs already developed. Some are accessible for free and others require paying a subscription. Of course, you can also market or offer your own EAs there.

It is also possible to access this MT5 community database through the platform, simply by going to the Code Base tab in your terminal window. You will indeed find the scripts, EA and indicators accessible for free.

Assets and Markets on MT5

MetaTrader 5 is a complete trading platform which therefore allows access to all markets such as Forex of course, but also other assets and instruments that we invite you to discover here in more detail.

• Forex – Of course, you will be able to trade major or exotic currency pairs on MT5 with EUR/USD, EUR/GBP or USD/JPY.
• Stocks – The traditional stock market is also accessible from this platform, where you can trade CFDs on major international stocks such as the stock Apple, Netflix or even Facebook or Google.
• Stock Market Indices – In addition to stock market shares, MT5 also offers you the opportunity to speculate on the price of major benchmark stock market indices worldwide such as the CAC 40, the DAX 40, the Dow Jones or the S&P 500.
• Commodities – Also via CFDs, MetaTrader 5 gives you access to commodities including precious metals such as gold and silver, energy commodities such as oil or natural gas, and agricultural commodities such as coffee, soybeans, or cocoa.
• Cryptocurrencies – Finally, MT5 also allows you to access the cryptocurrency market with its most popular values ​​such as Bitcoin, Ethereum, Litecoin, or Ripple.

However, it is important to understand that the assets you will access from the MetaTrader 5 platform depends solely on your broker. The same goes for the trading conditions of these values ​​such as the spread or the margin and the leverage. So be sure to check this information before creating your trading account.

Best MT5 Broker

Now that you know everything or almost everything about the MT5 trading solution, all you have to do is choose the broker with which you will carry out trades on this platform. Before choosing your MT5 broker, you will of course have to compare the brokers that we have mentioned to you as well as others like AvaTrade ou Vantage which offer individual or pro MetaTrader 5 accounts for Forex and other markets. To do this, you will first need to check a few important criteria as follows.

Choosing a Regulated MT5 Broker

• Of course, this is the first criterion to check before opening an MT5 account with a broker. The regulation of a broker corresponds to an operating license issued by a financial institution. Whether this organization is located in France or abroad, this regulation certifies that the broker respects certain rules and standards in order to secure, in particular, the funds deposited by traders as well as their transactions.
• Among the most well-known regulatory bodies that you can fully trust are CySec, AMF, FCA and ASIC.
• Note that all of the brokers that we have selected for you and that you will find in the table at the top of this page are regulated by one or more of these organizations so as to guarantee that you do not make a mistake by choosing a broker that lacks reliability or security.

Choosing an MT5 Broker According to its Tools and Features

• Another important point to compare when choosing your broker is of course its features. Remember that if MetaTrader 5 has its own tools and functions which are the same regardless of the broker, other functions may be added to it and vary according to the chosen intermediary as well as according to the type of account.
• This concerns, for example, the means of deposits and withdrawals or the variety of financial assets available. Also remember to compare the conditions related to the minimum deposit, the leverage offered or the presence or absence of a demo account to test your strategies.
• Some brokers also offer market analysis, trading signals or training for beginner investors. These elements are all strengths that can make you choose one broker over another.

Choosing an MT5 Broker with Low Trading Costs

The cost of your transactions on the financial markets also does not depend on the trading platform but on the policy applied by the broker. However, it is mainly the spreads applied by the latter that you must check. Note, however, that most brokers offer variable spreads and therefore display their lowest spread level in order to attract investors.

Still with regard to the cost of your trades on MT5, remember to also check if the broker charges ancillary fees such as transaction fees on certain assets, withdrawal fees or other inactivity fees and swaps.

Choosing an MT5 Broker with Available Customer Support

Although the MetaTrader 5 platform is relatively easy to learn, you may encounter difficulties in carrying out certain operations or problems with your trading account. In this case, it is better to have access to accessible and efficient customer service and support.

Do not hesitate to check that this assistance service is available and easily reachable, ideally by telephone and in your mother tongue. Customer advisors should be able to provide a quick and clear response to all your requests.

Who is the Best MT5 Broker?

• The best MetaTrader 5 broker is the broker Vantage which is an interesting broker on different levels if you want to use the MetaTrader 5 platform.
• Indeed, this Australian broker is a reliable broker that benefits from several regulations. In addition to offering several trading platforms such as MT4 and MT5 also accessible online or on mobile and tablet, this broker provides investors with an ECN account which is one of the most competitive on the market in terms of spreads.
• Vantage also offers a wide range of assets and allows you to invest in all financial markets. In addition, the MT4 and MT5 platforms offered are accessible from a PC, Mac, Webtrader and mobile with the Smart Trader extension.

Avantages and Disadvantages of MT5

The A'svantage of the MT5 Platform

It goes without saying that the MetaTrader 5 platform offers many features.vantages on the traders side, including its ease of use and very appreciable ergonomics. Indeed, even for beginner traders, it is quite simple to use the different functionalities of this interface and to take positions on the market.

But it is above all the quality of the analysis tools present on this platform that make MT5 one of the most popular trading solutions on the market. The Expert Advisors in particular as well as the community of MQL5 developers are a real asset and offer endless strategy possibilities.

Finally, we will not forget to mention the variety of financial assets that it is possible to trade with this platform, which allows, depending on the broker chosen, to set up an optimal diversification strategy.

Disadvantages of the MT5 Platform

On the disadvantages side, there are a little fewer as this platform is full of qualities. We can simply talk here about the fact that the MT5 platform is a little less provided than its previous version MT4 in terms of Expert Advisors and that the programs developed under the old MQL4 language must be modified under MQL5.

Finally, the large quantity and diversity of features and tools available on MetaTrader 5 can sometimes destabilize some novice investors.

Why MetaTrader is the Best Trading Software?

Many traders looking for an effective and efficient trading solution turn to MetaTrader 5 and it is not without reason. Indeed, users seem unanimous in saying that this solution is undoubtedly the best current trading software.

Developed five years after MT4, the MT5 solution has managed to gain an increasingly important place on the market, in particular thanks to the fact that this new version emphasizes power and performance. It's a simple yet perfectly well-thought-out tool that aims to help you generate profits quickly.

MetaTrader 5 is also one of the most common platforms among brokers. It is indeed compatible with many trading accounts and millions of investors today use MT4 or MT5 to carry out their operations on the markets.

Differences MT5 and MT4

Although it was developed later, MetaTrader 5 is not a more recent version of MetaTrader 4 but an entirely different solution and platform and therefore aimed at a different audience.

Thus, MetaTrader 4 presents a simple and ergonomic interface designed for beginners and originally developed for Forex trading.

As for MetaTrader 5, its interface is different and it is possible to speculate on different markets. There we findvantage of functionalities and some specificities including a more complete history of ticks and graphs. Among the features that have been integrated into this MT5 platform, we also find the possibility with certain brokers of making deposits or withdrawals without leaving the interface.

Finally, we will notice that the quantity of graphic indicators is more important in MT5 and in MT4. Also and if you hesitate between l%2

See also: Betweending MT5