MetaTrader 5 (MT5) is the advanced trading platform developed by MetaQuotes, succeeding the highly popular MetaTrader 4 (MT4). While MT4 was specifically optimized for forex trading, MT5 is designed to accommodate a wider range of asset classes, including cryptocurrencies. MT5 is the perfect multi-asset platform for modern traders seeking to enhance their trading experience with a variety of powerful features and practical trading tools.
Lotas Capital provides its traders with access to the robust MT5 platform, enabling them to trade multiple assets such as CFDs on forex, stocks, commodities, indices, futures, energies, and cryptocurrencies. One of the core advantages of MetaTrader 5 is its accessibility—you can trade from anywhere using your smartphone or tablet via the MT5 Web platform, which allows trading from any web browser and device. Additionally, MT5 supports trading robots, trading signals, and copy trading, all integrated into a single trading platform.
Here is what to do in order to experience the full power of the Lotas Capital MetaTrader 5:
As mentioned above, MetaTrader 5 is packed with numerous features and trading resources, which are designed to enhance your trading activities. It is important to learn about all the features and their applicability to ensure that you are well equipped to take advantage of the full functionality of the platform. From the available seven asset class types, numerous trading tools, indicators and graphical objects, to 6 different order types, multiple automated strategies and market depth, you will be able to fully exploit the raw power of the MT5 platform if you take a little time to educate yourself on all the available features of this intuitive platform. Lotas Capital also has numerous educational materials specifically on the MT5 trading platform that are accessible for free in our ‘Education’ section. Be sure to take advantage of the informative and friendly eBooks and videos that explain in detail how to trade financial assets online efficiently.
Here are the minimum system requirements for using Lotas Capital MT5 on your PC:
Follow the steps below to download and install Lotas Capital MT5 on your PC:
If you have already logged into your Lotas Capital MT5, it is now time to trade your favourite assets.
There are several ways to place an order on MT5:
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.