MetaTrader 5 5.0.4277

MetaQuotes Software Corp. – Freeware – iOS
out of 29982 votes

MetaTrader 5: The Ultimate Trading Platform for Financial Success

Boris Weber

04/02/2025

MetaTrader 5 offers advanced trading features, comprehensive charting tools, and automated trading capabilities, making it an essential platform for both professional and aspiring traders.

Connect to a wide range of brokers and engage in financial market trading with MetaTrader 5 for iPhone and iPad.

This mobile trading platform enables users to access real-time quotes for financial instruments, conduct market analysis using charts and technical indicators, practice with demo trades, establish connections with brokers for live trading, and review trading history.

Risk Warning: Our programs involve actual trading which carries a high risk of rapid monetary loss. The majority of retail investor accounts experience losses when trading financial products. It is essential to comprehend the workings of different financial products and assess whether you can bear the high risk of losing money.

TRADING

Real-time quotes for financial instruments
Full range of trade orders, including pending orders
Depth of Market (Level 2)
All types of trade execution
Comprehensive trading history

ADVANCED FUNCTIONALITY

High-performance charts
Customizable chart color scheme
Configuration of graphical objects and indicators properties
Possibility to display four charts in a single window on MetaTrader 5 for iPad
Visualization of trade levels showing pending order prices, as well as SL and TP values on the chart
Information window that provides access to orders, trading history, emails, news, and logs on MetaTrader 5 iPad
Sound notifications
Financial news: numerous materials on a daily basis
Secure and fast chats with other traders, creation of group chats and channels
Support for push notifications from the desktop platform and MQL5.community services

TECHNICAL ANALYSIS

Interactive real-time price charts with zoom and scroll options
30 popular technical indicators
24 analytical objects: lines, channels, geometric shapes, Gann, Fibonacci, and Elliott tools
9 timeframes: M1, M5, M15, M30, H1, H4, D1, W1, and MN
3 types of charts: bars, Japanese candlesticks, and broken line

Download MetaTrader 5, connect to a broker, and delve into financial market trading!

To trade with real money, you are required to open a genuine trading account by entering into a separate agreement with a financial company (broker). This company should have installed the server component of the MetaTrader 5 trading platform and possess the necessary permissions to provide financial trading services in your respective country. MetaQuotes is a software company that does not offer financial services, neither does it have access to MetaTrader 5 platform servers and databases managed by financial companies.

Overview

MetaTrader 5 is a Freeware software in the category Business developed by MetaQuotes Software Corp..

The latest version of MetaTrader 5 is 5.0.4277, released on 05/02/2024. It was initially added to our database on 09/15/2023.

MetaTrader 5 runs on the following operating systems: iOS.

Users of MetaTrader 5 gave it a rating of 5 out of 5 stars.

Pros

Advanced technical analysis tools: MetaTrader 5 offers a wide range of technical analysis tools, including various chart types, indicators, and graphical objects for in-depth market analysis.
Algorithmic trading support: The platform allows users to create and backtest automated trading strategies using MQL5, MetaTrader's programming language.
Multiple asset classes supported: MetaTrader 5 supports trading in multiple asset classes, including forex, stocks, commodities, and cryptocurrencies.
User-friendly interface: The platform features a user-friendly interface that is customizable and easy to navigate for both beginner and experienced traders.
Mobile trading option: MetaTrader 5 offers a mobile trading app for iOS and Android devices, allowing users to trade on the go.
Advanced order types: Users can place various order types, including market, limit, stop, and trailing stop orders for efficient trade execution.

Cons

Limited compatibility with older versions: Some expert advisors and custom indicators developed for MetaTrader 4 may not be fully compatible with MetaTrader 5.
Learning curve for beginners: Due to its advanced features, beginners may find it challenging to learn how to use all the tools and functionalities effectively.
Resource intensive: Running multiple indicators and automated trading strategies simultaneously can lead to high resource usage, which may impact the platform's performance.
Limited news and research resources: MetaTrader 5 lacks comprehensive news and research resources compared to some other trading platforms.
Limited automated trading strategy marketplace: The platform's marketplace for automated trading strategies is not as extensive as some competing platforms.

FAQ

What is MetaTrader 5?

MetaTrader 5 (MT5) is a popular trading platform developed by MetaQuotes Software Corp. It is used for trading various financial instruments such as Forex, stocks, and commodities.

What are the key features of MetaTrader 5?

MetaTrader 5 offers advanced charting tools, technical analysis, automated trading capabilities through Expert Advisors, a built-in economic calendar, and support for multiple asset classes.

Is MetaTrader 5 available for mobile devices?

Yes, MetaTrader 5 is available as a mobile app for both iOS and Android devices, allowing traders to access their accounts and trade on the go.

Can I use MetaTrader 5 for algorithmic trading?

Yes, MetaTrader 5 supports algorithmic trading through Expert Advisors (EAs) which are automated trading strategies that execute trades based on pre-defined rules.

Does MetaTrader 5 support multiple languages?

Yes, MetaTrader 5 is available in multiple languages to cater to a global user base.

Is MetaTrader 5 free to use?

MetaTrader 5 is free to download and use for trading. However, users may incur costs associated with trading such as spreads and commissions.

Can I backtest trading strategies on MetaTrader 5?

Yes, MetaTrader 5 allows users to backtest their trading strategies using historical data to assess their performance before executing them in live markets.

How secure is MetaTrader 5 for online trading?

MetaTrader 5 provides a high level of security for online trading through encryption protocols and secure servers to protect users' data and transactions.

Does MetaTrader 5 offer technical indicators for analysis?

Yes, MetaTrader 5 provides a wide range of built-in technical indicators and analytical tools to help traders analyze market trends and make informed trading decisions.

Can I trade cryptocurrencies on MetaTrader 5?

Yes, MetaTrader 5 supports trading in cryptocurrencies along with other financial instruments like Forex, stocks, and commodities.

Boris Weber

I am an editor at UpdateStar. I started as a support engineer, and am now specialized in writing about general software topics from a usability and performance angle among others. I telecommute from UpdateStar’s Berlin office, when I am not working remote as a digital nomad for UpdateStar. When I'm not analyzing the latest software updates, you can find me exploring new cities, immersing myself in local cultures, and discovering innovative tech trends across the globe.

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