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How to Download MetaTrader 5 (MT5) for Windows

By Nathalie Okde

21 June 2024

how-to-download-mt5-for-windows

MetaTrader 5, or MT5, is a popular online trading platform providing traders access to various financial markets. It’s equipped with helpful tools for novice and experienced traders. If you’re here, you plan on becoming one of the platform’s million users. Here’s a detailed guide on how to download MT5 for Windows.

Key Takeaways

  • MetaTrader 5 (MT5) offers advanced features and tools, making it suitable for new and experienced traders looking to enhance their trading experience.

  • To download MT5 for Windows, select a reliable broker, download the platform from either the broker’s or MetaTrader’s website, and follow the installation steps.

  • After installation, log in to your trading account to explore MT5’s customizable trading environment, including charts, expert advisors, and advanced tools.

How To Download MT5 for Windows?

MT5 offers a wider range of features than MT4, making it the perfect fit if you’re looking for additional tools to improve your trading journey. To download MT5 for Windows, follow the below steps:

Step 1: Choose a Broker 

You can download MetaTrader 5 on your PC for free. However, you must have a live account on one of the many available CFD or forex brokers to use the platform. Choosing a reliable and trustworthy broker isn’t easy. 

Here are a few tips to consider when looking for a broker:

  • Ensure the broker is regulated by reputable financial authorities, such as the SEC, FCA, or ASIC.

  • Look for brokers that offer solid security features, including data encryption and insurance against losses due to errors or fraud.

  • Compare spreads, commissions, and leverage options to ensure they align with your trading needs and goals.

  • Read reviews, testimonials, and forum discussions to assess the broker’s reliability and customer satisfaction.

The online trading world is full of scammers and fraudulent websites, so do your thorough research before depositing your money anywhere. But, if you want our advice, start trading with us, XS.com. 

We put your mind at ease with our regulatory compliance, robust security measures, and insurance that protects you against losses of up to 5,000,000 due to errors, fraud, negligence, or service-related failures at no extra charge.

Plus, creating an account on XS is super easy and seamless. Here’s a video walking you through the process step-by-step. And you can trade on MetaTrader 5 with us

Step 2: Download the MT5

Once you’ve chosen a broker, you can download MT5 for Windows from their website or MetaTrader’s website. 

Download MetaTrader 5 For Free through XS.com 

  1. Go to XS.com’s website: https://www.xs.com/en 

  2. Navigate to “Traders,” then click on “MetaTrader 5” under “Platforms.”

xs-mt5-homepage-navigation

     3. Choose “Desktop,” then click “Download MT5 for Desktop.”

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        4.  Wait for the download to be done. 

Download MetaTrader 5 for Free through MetaTrader’s Platform

  1. Go to MetaTrader 5’s website: https://www.metatrader5.com/en 

  2. Click on “MetaTrader 5 for Windows.” 

download-mt5-for-windows-from-mt5-website

      3.  Wait for the download to be done. 

Step 3: Install MetaTrader 5

After downloading the file (usually a .exe file for Windows), you must install it. To install it, follow the steps below, which are the same regardless of whether you downloaded it through XS or MetaTrader 5’s website. 

  1. Click on the “Downloads” button on your Chrome.

  2. Click on the installation file.

mt5-installation-file-xs

      3. Run the file by clicking on “Run.” 

run-mt5-installation-file-for-windows-xs

    4. Read the license agreement, accept it, and then continue. 

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      5. Wait for the installation to be complete.  

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Step 5: Open MetaTrader 5 and Login To Your Trading Account

Once the installation is complete, MetaTrader 5 will automatically open. So, now you have completed the download of MT5 for Windows. You have to log in to your trading account. 

If you already have an account on XS.com, you can directly enter your credentials to log in. 

If you’ve downloaded it through the MetaTrader website, you must log in using an existing trading account. 

create-mt5-account-xs

Once logged in, you can start exploring the features of MT5, including charts, trading instruments, and analysis tools. 

Download MT5 for Windows Step 6: Customize Your Trading Environment

MT5 offers a highly customizable trading environment. You can:

  • Customize Charts: Change colors, add indicators, and set up templates.
  • Use Expert Advisors (EAs): Automate your trading using algorithms.
  • Explore Advanced Tools: Utilize market depth, economic calendars, and more.

Conclusion

Downloading and installing MetaTrader 5 on your PC is straightforward. Once installed, MT5 offers a powerful and flexible trading environment. Remember, to enhance your trading experience, it's essential to trade responsibly and continuously educate yourself about the financial markets. And if you’re looking for the best broker in the market, contact us

FAQs

Why Was MT5 Removed from the Play Store?

MT5 was removed from the Play Store at Google's request, citing non-compliance with their policies. Google or MetaQuotes, the developer of MT5, did not publicly specify the exact details of the policy violations. This removal is part of Google's ongoing efforts to enforce stricter compliance and security measures within its app ecosystem.

As a trader, while you can't access MT5 on your phone, you can still download MT5 on your laptops or Apple devices.

Is There MT5 for PC?

Yes, MT5 is available on PC, MAC, mobile, and tablet. Follow the step-by-step guide above to download MT5 on your Windows PC.

How to Download the MT5 App from the App Store?

To download the MT5 App from the App Store, follow these steps:

  1. Open the App Store on your IOS device
  2. Search MT5 or MetaTrader 5 in the search bar at the top of the screen
  3. Look for the app in the search results. It should be listed as "MetaTrader 5" by MetaQuotes Software Corp.
  4. Tap the "Get" button next to the MetaTrader 5 app to download it. You may need to enter your Apple ID password or use Face/Touch ID to confirm the download. The app is free. 
  5. Once the download is complete, the app will automatically install on your device. 
  6. Open the app and follow the on-screen instructions to log in with your existing MetaTrader account or create a new account if you don't have one.

Is MT4 or MT5 better for PC?

Choosing between MT4 or MT5 for your PC depends on your personal preferences and trading needs. Forex traders often prefer MT4 due to its simplicity, wide broker support, and solid community. Generally, MT4 is great if you're focused on forex and use custom indicators and expert advisors.

However, MT5 offers more advanced features, including additional timeframes, more order types, and built-in economic calendars, making it better suited for those trading various assets like stocks, commodities, and futures. So, if you’re looking for a wider range of tools, MT5 is for you.

 

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