How does MetaTrader 5 work for iOS and Android?

4 min. readlast update: 12.14.2023

Utilize the expanded range of tradable instruments and the convenience of on-the-go trading through the MetaTrader 5 app on your Android or iOS device. This article will guide you on navigating the MT5 app on your chosen device.

Download the MT5 app 

For Android user: 

To download MetaTrader 5 (MT5) on an Android device, follow these steps:

  1. Open Google Play Store: Go to the Google Play Store on your Android device. You can find the Play Store icon on your home screen or in the app drawer.
  2. Install MetaTrader 5: On the MetaTrader 5 app page, click the "Install" button. This will initiate the download and installation process.
  3. Wait for Installation: Wait for the app to download and install on your device. The time required will depend on your internet connection speed.
  4. Open MetaTrader 5: Once the installation is complete, you can open MetaTrader 5 directly from the Play Store by clicking the "Open" button on the app page. Alternatively, you can find the app icon on your home screen or in the app drawer and open it from there.
  5. Log in or Create an Account: Upon opening the MetaTrader 5 app, you will need to log in with your existing MT5 account credentials or create a new account if you don't have one.
  6. Start Trading: After logging in, you should have access to the MetaTrader 5 platform on your Android device. You can start exploring the features and begin trading.

 For iOS user:

To download MetaTrader 5 (MT5) on an iOS device (iPhone or iPad), follow these steps:

  1. Open the App Store: On your iOS device, locate and open the App Store. You can find the App Store icon on your home screen.
  2. Download MetaTrader 5: On the MetaTrader 5 app page, tap the "Get" button (which may display a cloud icon with an arrow). This will initiate the download and installation process.
  3. Authenticate with Touch ID or Face ID: If prompted, authenticate the download using your device's Touch ID or Face ID.
  4. Wait for Installation: Allow the app to download and install on your iOS device. The installation time depends on your internet connection speed.
  5. Open MetaTrader 5: Once the installation is complete, you can open MetaTrader 5 from the App Store by tapping the "Open" button on the app page. Alternatively, you can find the app icon on your home screen or in the app library and open it from there.
  6. Log in or Create an Account: Upon opening the MetaTrader 5 app, log in with your existing MT5 account credentials or create a new account if needed.
  7. Start Trading: After logging in, you should have access to the MetaTrader 5 platform on your iOS device. Begin exploring the features and start trading.

 

Account Management:

For Android:

  1. Open MetaTrader 5 and select "Manage Accounts" from the main menu.
  2. Tap the + icon, enter "TradingProInternational-Live" in the search, and select it.
  3. Enter your trading account number, password, and the correct server. Tap Login.
  4. The trading account is added to the Accounts tab.

For iOS:

  1. Open MetaTrader 5, go to Settings, and tap "New Account."
  2. Enter "TradingProInternational-Live" in the search bar and select the appropriate trading server.
  3. Enter your trading account number and password, then tap Sign In.

To switch the active trading account:

  • For Android: 
    • Open MetaTrader 5, select Manage Accounts.
    • Tap the desired trading account in the Accounts tab, enter credentials if prompted, and Sign In.
  • For iOS: 
    • Open MetaTrader 5, go to Settings.
    • Tap the arrow next to the displayed account, choose the desired account to log in.

Add, Remove, and Reorder Instruments:

For Android:

  1. Click on Quotes.
  2. Click the + icon, locate the instrument, and tap to add it.
  3. To reorder, tap the pencil icon and move instruments.
  4. To remove, tap the bin icon, select instruments, and confirm removal.

For iOS:

  1. Go to Quotes, click the search bar.
  2. Tap + next to the instrument to add.
  3. To remove, click the pencil icon, select instruments, and tap the bin icon.
  4. Reorder by clicking the rightmost icon and dragging instruments.

Placing Trades:

For Android:

  • To open an order: 
    • Go to Quotes, tap the symbol, and tap New Order.
    • Set parameters and tap Buy/Sell for a market order.
    • For pending orders, tap Instant/Market Execution, choose an order type, set parameters, and tap Place.
  • To close or modify an order: 
    • Go to Trade, tap an order, press and hold, then tap Modify position or Close position.

For iOS:

  • To open an order: 
    • Go to Quotes, tap the instrument, and tap Trade.
    • Set parameters and tap Buy/Sell.
    • For pending orders, tap Instant/Market Execution, choose an order type, set parameters, and tap Place.
  • To close or modify an order: 
    • Go to Trade, tap an order, tap Modify position or Close position, and confirm.

You'll receive notifications for order actions.

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