How to Download MetaTrader 5 (MT5) for Windows

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

• Step 2: Download MT5 for PC through XS or MT5’s website

• Step 3: Install Metatrader 5

• Step 4: Open MetaTrader 5 and login to your trading account

• Step 5: Customize your trading environment

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.”

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

        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.” 

      3.  Wait for the download to be done. 

Step 3: Install MetaTrader 5 on your Windows PC

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. 

Here’s how to install Metatrader 5 on your PC:

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

2. Click on the installation file.

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

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

      5. Wait for the installation to be complete.  

Step 4: Open MetaTrader 5 and Login To Your Trading Account

Once the MT5 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. 

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

Download MT5 for Windows Step 5: 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

Download MT5 for Windows: Additional Tips for Using MT5

Now that you’ve successfully downloaded and installed MT5 on your PC, let's check some additional functionalities that can improve your trading experience. 

How to Download Multiple MT5 on your PC

If you’re managing multiple trading accounts or strategies, you may want to install more than one instance of MT5 on your PC. 

Here’s how to do it:

1. Download the MT5 setup file again from the XS or MetaTrader website, following the same steps as above.

2. During installation, when prompted to choose the installation folder, rename the folder (e.g., MT5_SecondInstance).

3. Complete the installation.

You can now run multiple instances of MT5 on your PC, each with its own settings and accounts.

How to Switch Accounts in MT5

Managing multiple trading accounts on MT5 is straightforward:

1. Open MT5 and click on “File” in the top menu

2. Select “Login to Trade Account.”

      3. Enter the credentials of the account you want to switch to and log in.

You can easily switch between accounts without logging out, allowing for seamless trading across multiple accounts.

How to Check Your MT5 Version

It’s important to ensure you’re using the latest version of MT5 for the best performance. Here’s how to check:

1. Open MT5.

2. Click on “Help” in the top menu.

3. Select “About.”

A window will appear displaying the version number and other details. 

Keeping MT5 updated ensures you have access to the latest features and security enhancements.

How to Change Your Password in MT5

To maintain account security, regularly updating your password is a good practice.

Here’s how to change it in MT5:

1. Log in to your MT5 account.

2. Click on “Tools” in the top menu and select “Options.”

3. Go to the “Server” tab.

4. Click “Change” next to the password field.

5. Enter your old password, then your new password twice.

6. Click “OK” to confirm.

MT5 for PC Shortcut Keys

Familiarize yourself with MT5 shortcut keys to navigate the platform more efficiently. Here's a list of some of the most used shortcuts:

General MT5 Shortcuts for PC

• F1: Open the “User Guide”

• F2: Open the “Task Manager”

• F3: Open the “Global Variables” window

• F4: Open the MetaEditor (for creating/editing EAs, indicators, and scripts)

• F6: Call the "Tester" window for testing an Expert Advisor attached to a chart window

• F9: Open the "New Order" window to place a trade

• F10: Open the "Quotes" window 

• F11: Switch to full-screen mode (toggle on/off)

Chart Management MT5 Shortcuts for Windows PC

• Ctrl + G: Show or hide the grid on the chart

• Ctrl + H: Show or hide the OHLC (Open, High, Low, Close) bar

• Ctrl + L: Show or hide volumes on the chart

• Ctrl + T: Show or hide the “Tool Box” window

• Ctrl + Y: Show or hide period separators (marks the beginning of a new period like a day or week)

• Ctrl + F: Switch to crosshair mode for precise measurement

• Ctrl + I: Open the list of indicators used on the chart

• Ctrl + B: Open the list of objects used on the chart

Order Management MT5 Shortcuts for PC

• Alt + 1: Show the chart as a sequence of bars

• Alt + 2: Change the chart to candlestick view

• Alt + 3: Show the chart as a broken line

• Alt + W: Open the chart management window

• Alt + F4: Close the current window (useful for quickly closing charts)

Conclusion

Downloading and installing MetaTrader 5 on your PC is straightforward. Once installed, MT5 offers a seamless and flexible trading environment.

Remember, to enhance your trading experience, it's essential to trade responsibly and continuously educate yourself about the financial markets.