MetaTrader 5
Setting up MetaTrader 5
Beginner‑friendly install
This guide helps you install MetaTrader 5 (MT5), sign in with an existing or new account, and open MetaEditor—the place where you paste code and click Compile.
Install MT5
- Download the official installer from the MetaTrader site or from your broker.
- Official download: search for the MetaQuotes MetaTrader 5 download page or use your broker’s MT5 link if they provide a branded installer.
- On Windows, run the installer and follow the prompts. Keep the default install path unless you have a reason to change it.
- Launch MetaTrader 5 when the install finishes.
Create or log in to an account
You need an account to log in and use the platform. You can start with a free demo account if you don’t have a broker yet.
- In MT5, go to File → Open an Account (for creating a new demo) or File → Login to Trade Account (to log in).
- If creating a demo account:
- Choose a server (your broker’s demo server or any available demo server).
- Fill in basic details and finish. You’ll get a login and password.
- If logging in to an existing broker account:
- Select the right server from the list (ask your broker if unsure).
- Enter your login and password.
Next Steps
Once MT5 is installed and you're logged in:
Compile and Test Your Expert Advisors:
- Introduction to MetaEditor — Learn how to use MetaEditor to compile MQL5 code
- MT5 Backtesting Guide — Test your Expert Advisors on historical data
- MT5 Default Template — Understand the code structure
Build Trading Bots:
- Create Trading Bot MT5 (No Code) — Build EAs without coding
- Automate Trading on MT5 — Complete automation guide
- MT5 Trading Journal — Track your performance
Learn MQL5:
- MQL5 vs Pine Script — Compare MT5 to TradingView
- Pine Script vs MQL5: Which to Learn — Choose your platform
- Convert Pine Script to MT5 — Port TradingView strategies
Strategy Resources:
- Trend Following Strategy Guide — Automate trend systems on MT5
- Mean Reversion Strategies — Build mean reversion bots
- How to Backtest a Trading Strategy — Best practices
Related Guides
- Getting Started with HorizonAI — Generate MQL5 code with AI
- How to Prompt — Get better MQL5 code from AI