Metatrader 5
Lotas Capital
Metatrader 5
MetaTrader 5 (MT5) is an advanced trading platform developed by MetaQuotes, succeeding the widely used MetaTrader 4 (MT4). While MT4 was optimized primarily for forex trading, MT5 accommodates a broader range of asset classes, including cryptocurrencies. MT5 is a versatile multi-asset platform, offering modern traders enhanced trading experiences with powerful features and practical tools.
Lotas Capital provides traders with access to the robust MT5 platform, allowing them to trade various assets, such as CFDs on forex, stocks, commodities, indices, futures, energies, and cryptocurrencies. A key advantage of MetaTrader 5 is its accessibility—you can trade from anywhere using your smartphone or tablet via the MT5 Web platform, which supports trading from any web browser and device. Furthermore, MT5 integrates trading robots, trading signals, and copy trading, all within a single, comprehensive platform.
Here is what to do in order to experience the full power of the Lotas Capital MetaTrader 5:
As highlighted, MetaTrader 5 (MT5) is equipped with a wealth of features and trading resources designed to enhance your trading experience. Understanding these features and their applications is crucial to fully leveraging the platform’s capabilities. MT5 offers seven asset classes, numerous trading tools, indicators, graphical objects, six different order types, automated strategies, and market depth. By dedicating time to learn about these features, you can maximize the potential of this powerful platform.
Lotas Capital provides a range of educational materials on the MT5 platform, available for free in our 'Education' section. Take advantage of our comprehensive eBooks and instructional videos that guide you through efficient online trading of financial assets, ensuring you are well prepared to navigate the complexities of the market.
To use Lotas Capital MT5 on your PC, ensure your system meets the following minimum requirements:
Steps to Download and Install Lotas Capital MT5:
Once you've logged into your Lotas Capital MT5 account, you're ready to trade your favorite assets. There are several ways to place an order on MT5:
1. Menu Bar Method:
2. Market Watch Method:
3. Trade Tab Method:
4. One-Click Trading:
When any of the above options are applied, the ‘Order Screen’ will pop up. The screen will have a tick chart on its left side and customisable order details on the right. The tick chart displays the bid and ask prices, and thus, the real-time spreads (the difference between the bid and ask prices).
The order details on the right are:
This is the asset you wish to trade, such as the EURUSD currency pair.
You can choose between Market Execution and Pending Execution order types.
This is the quantity (in lot sizes) that you wish to trade, of the selected underlying asset. On a standard account – 1 lot size is the equivalent of 100,000 units, which typically means that a 1 pip movement will be about 10 US dollars (USD) on most assets.
You will be able to attach Stop Loss and Take Profit orders on all your trades. Stop loss orders help curb your maximum loss when the asset price moves against you, while take profit orders allow you to book profits when the asset price moves in your favour.
You can add any notes regarding a trade in the comment section. This is ideal for traders that document their trading activities.
