9 minute read
How to Open Exness Account in MetaTrader 5: A Step-by-Step Guide
from Exness
by Exness Blog
The world of online trading has exploded in popularity, and platforms like Exness and MetaTrader 5 (MT5) are at the forefront of this financial revolution. If you're looking to dive into forex, stocks, or cryptocurrencies, opening an Exness account and connecting it to MetaTrader 5 is a fantastic starting point. This comprehensive guide will walk you through the process of setting up an Exness account and linking it to MT5, ensuring you’re ready to trade with confidence. Whether you're a beginner or an experienced trader, this step-by-step tutorial is designed to make the process seamless.
💥 Trade with Exness now: Open An Account or Visit Brokers 🏆
Why Choose Exness and MetaTrader 5?
Before we dive into the setup process, let’s explore why Exness and MetaTrader 5 are a powerful combination for traders worldwide.
Exness: A Trusted Broker
Exness is a globally recognized forex and CFD broker known for its low spreads, fast execution, and user-friendly platform. With over a decade of experience, Exness offers:
· Competitive spreads: Starting from 0.0 pips on certain accounts.
· Multiple account types: Standard, Pro, Raw Spread, and Zero accounts to suit different trading styles.
· Regulation: Licensed by top-tier authorities like the FCA and CySEC.
· Wide range of assets: Trade forex, metals, cryptocurrencies, and more.
MetaTrader 5: The Ultimate Trading Platform
MetaTrader 5, developed by MetaQuotes, is one of the most advanced trading platforms available. It offers:
· Advanced charting tools: Over 80 technical indicators and 21 timeframes.
· Multi-asset trading: Supports forex, stocks, commodities, and crypto.
· Automated trading: Use Expert Advisors (EAs) for algorithmic trading.
· Mobile and desktop compatibility: Trade on the go with MT5’s mobile app or desktop version.
Combining Exness’s robust brokerage services with MT5’s powerful tools creates an ideal environment for both novice and professional traders. Now, let’s get started with the setup process.
Step 1: Create an Exness Account
To trade on MetaTrader 5 with Exness, you first need to open an Exness account. Follow these steps to get started:
1. Visit the Exness Website
Go to the official Exness website exness.com. Ensure you’re on the legitimate site to avoid phishing scams. Look for the “Open Account” or “Register” button, typically located at the top-right corner of the homepage.
2. Fill in Your Details
Click “Register” and provide the required information:
· Country of residence: Select your country (note that Exness may not be available in certain regions due to regulatory restrictions).
· Email address: Use a valid email for account verification.
· Phone number: Provide a contact number for security purposes.
· Password: Create a strong password to secure your account.
3. Verify Your Email
After submitting your details, Exness will send a verification email. Click the link in the email to confirm your account. This step is crucial to activate your Exness Personal Area, where you’ll manage your trading accounts.
4. Complete Your Profile
Log in to your Exness Personal Area and complete your profile by providing:
· Personal information: Full name, date of birth, and address.
· Identity verification: Upload a government-issued ID (passport, driver’s license, etc.) and proof of address (utility bill or bank statement). This complies with KYC (Know Your Customer) regulations.
· Economic profile: Answer questions about your trading experience and financial status.
Verification typically takes 24–48 hours, but Exness often processes it faster. Once verified, you’re ready to open a trading account.Step 2: Open a Trading Account in Exness
After verifying your profile, you can create a trading account tailored to MetaTrader 5. Here’s how:
1. Log in to Your Exness Personal Area
Access your Personal Area on the Exness website using your email and password.
2. Choose a Trading Account Type
Navigate to the “My Accounts” section and click “Open New Account.” Exness offers several account types compatible with MT5:
· Standard Account: Ideal for beginners with no commission fees and low minimum deposits.
· Standard Cent Account: Perfect for micro-trading with smaller lot sizes.
· Pro Account: Designed for experienced traders with tighter spreads.
· Raw Spread Account: Offers the lowest spreads with a small commission.
· Zero Account: Provides zero spreads on major instruments for high-volume traders.
Select an account type that aligns with your trading goals. For MT5, ensure you choose “MetaTrader 5” as the platform.
3. Configure Your Account
Customize your trading account by selecting:
· Leverage: Options range from 1:2 to unlimited leverage (depending on your region and account type). Higher leverage increases potential profits but also risks.
· Currency: Choose your account’s base currency (e.g., USD, EUR, or others).
· Account nickname: Assign a name to easily identify your account.
4. Save Your Account Details
Once created, Exness will provide your account details, including:
· Account number: Unique ID for your trading account.
· Trading password: Used to log in to MT5.
· Server name: The server your account is hosted on (e.g., Exness-MT5Real or Exness-MT5Demo).
Save these details securely, as you’ll need them to connect your account to MetaTrader 5.
💥 Trade with Exness now: Open An Account or Visit Brokers 🏆
Step 3: Download and Install MetaTrader 5
To trade with your Exness account, you need to install MetaTrader 5 on your device. MT5 is available for desktop, mobile, and web platforms.
1. Download MT5
· Desktop: Visit the Exness website or MetaQuotes’ official site MetaTrader 5.com to download MT5 for Windows or macOS.
· Mobile: Download the MetaTrader 5 app from the App Store (iOS) or Google Play Store (Android).
· Web: Access the MT5 WebTrader directly from the Exness website without downloading software.
2. Install MT5 on Your Device
For desktop users:
· Run the downloaded installer file.
· Follow the on-screen instructions to complete the installation.
· Launch MT5 after installation.
For mobile users, simply open the app after downloading it from the store.
Step 4: Connect Your Exness Account to MetaTrader 5
Now that you have an Exness trading account and MT5 installed, it’s time to link them.
1. Log in to MT5
Open MetaTrader 5 and follow these steps:
· Click “File” > “Login to Trade Account” (or tap the “Login” option on mobile).
· Enter your Exness account details:
· Login: Your Exness account number.
· Password: The trading password provided by Exness.
· Server: Select the server name (e.g., Exness-MT5Real). If it’s not listed, type it manually.
2. Verify the Connection
Click “OK” to log in. If successful, you’ll see your account balance and equity in the “Trade” tab at the bottom of MT5. If you encounter a login error:
· Double-check your account number, password, and server name.
· Ensure you have a stable internet connection.
· Contact Exness support if the issue persists.
3. Explore the MT5 Interface
Take a moment to familiarize yourself with MT5’s features:
· Market Watch: Displays available trading instruments.
· Chart Window: Customize charts with indicators and timeframes.
· Navigator: Access your accounts, indicators, and EAs.
· Terminal: View your trades, balance, and account history.
Step 5: Fund Your Exness Account
To start trading, you need to deposit funds into your Exness account. Here’s how:
1. Access the Deposit Section
Log in to your Exness Personal Area and click “Deposit” under the “My Accounts” section.
2. Choose a Payment Method
Exness supports various deposit methods, including:
· Bank cards: Visa, Mastercard.
· E-wallets: Skrill, Neteller, Perfect Money.
· Cryptocurrencies: Bitcoin, USDT.
· Local payment methods: Depending on your region.
Select a method that’s convenient and cost-effective for you.
3. Enter Deposit Details
Specify the amount you wish to deposit and follow the instructions for your chosen payment method. Most deposits are instant, but some methods (e.g., bank transfers) may take 1–3 business days.
4. Confirm the Transaction
Once the funds are credited to your account, you’ll see the updated balance in your Exness Personal Area and MT5.
Step 6: Start Trading on MetaTrader 5
With your Exness account funded and connected to MT5, you’re ready to trade. Here’s a quick guide to placing your first trade:
1. Select a Trading Instrument
In the “Market Watch” window, right-click and select “Symbols” to view available instruments (e.g., EUR/USD, Gold, or Bitcoin). Double-click an instrument to open its chart.
2. Analyze the Market
Use MT5’s charting tools and indicators to analyze price movements. For beginners, start with basic indicators like Moving Averages or RSI.
3. Place a Trade
· Click “New Order” or press F9.
· Choose “Buy” or “Sell” based on your analysis.
· Set your trade volume (lot size), stop-loss, and take-profit levels.
· Click “Place” to execute the trade.
4. Monitor Your Trade
Track your open positions in the “Trade” tab of the MT5 Terminal. Close trades manually or let them hit your stop-loss/take-profit levels.
Tips for Success with Exness and MetaTrader 5
To maximize your trading experience, consider these tips:
1. Start with a Demo Account
If you’re new to trading, open a demo account in Exness to practice on MT5 without risking real money. Demo accounts mimic live market conditions, allowing you to test strategies.
2. Learn Risk Management
Never risk more than 1–2% of your account balance per trade. Use stop-loss orders to protect your capital.
3. Stay Updated
Follow market news and economic events using MT5’s built-in news feed or external sources like Bloomberg or Reuters.
4. Leverage MT5’s Tools
Experiment with MT5’s advanced features, such as:
· One-click trading: For faster order execution.
· EAs: Automate trades with pre-programmed strategies.
· Backtesting: Test strategies on historical data.
5. Contact Exness Support
Exness offers 24/7 customer support through live chat, email, or social media. Reach out if you need help with account setup, deposits, or MT5 issues.
Troubleshooting Common Problems
Here are solutions to common issues when setting up Exness with MT5:
1: “Invalid Account” Error
· Ensure you’ve selected the correct server and account type (MT5, not MetaTrader 4).
· Re-enter your login credentials carefully.
2: Deposit Not Reflecting
· Check the processing time for your payment method.
· Contact Exness support with your transaction details.
3: MT5 Lagging
· Update MT5 to the latest version.
· Close unnecessary applications to free up system resources.
· Use a wired internet connection for stability.
Conclusion
Opening an Exness account and connecting it to MetaTrader 5 is a simple yet powerful way to start your trading journey online trading journey. By following this guide step-by-step guide, you can set up your account, fund it, and begin trading on one of the most advanced trading platforms available. Exness’s reliability and MT5’s robust features make them a winning combination for traders of all levels.
💥 Note: To enjoy the benefits of the partner code, such as trading fee rebates, you need to register with Exness through this link: Open An Account or Visit Brokers 🏆
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