Trading with MetaTrader 5 is a great way to take advantage of the powerful trading tools available in the platform.
Download and Install MetaTrader 5:
To get started, you need to download and install the MetaTrader 5 software through the Trading Pro website.
Login to Your Account:
Once you have the software installed, you can launch MetaTrader 5 and log in using the account credentials you have been provided once you create account through your Client portal.
Adding Instruments:
Once you are logged in, you can add the financial instruments you want to trade to your Market Watchlist. This will allow you to monitor the prices of the instruments you are interested in trading.
Conduct Analysis:
You can also view the charts of the instruments and use the technical analysis tools available in the platform to make informed trading decisions.
Open a New Order:
Once you have decided on the instrument you want to trade, you can place a trade. You will need to specify the instrument, the amount you want to trade, the direction of the trade (buy or sell) and the price you want to enter the trade at. Once you have placed the trade, you can monitor and manage your trades using the trading platform.
Close the Order:
Finally, once you have achieved your desired result from the trade, you can close the trade to lock in your profits or limit your losses. You can also use the stop loss and take profit features available in MetaTrader 5 to automatically close your trades when your pre-defined conditions are met.
Overall, trading with MetaTrader 5 is a great way to take advantage of the powerful trading tools available in the platform. With the right strategy and knowledge, you can make profitable trades with MetaTrader 5.