Exness MT5 Setup Guide
MetaTrader 5 (MT5) is the primary trading platform for Exness. It runs on Windows, Mac, iOS, and Android — and all versions connect to the same Exness account. Setting it up correctly from the start saves time and prevents the common mistakes that lose beginners money on their first few trades.
Downloading and Installing MT5 for Exness
Windows:
1. Log into your Exness Personal Area (exness.com)
2. Go to My Accounts → the MT5 account → Download MT5
3. Alternatively: download directly from metatrader5.com
4. Run the installer, accept default settings
5. Launch MT5
Mac:
MT5 is available on the Mac App Store — search "MetaTrader 5". Alternatively, run the Windows version through Wine (Parallels or CrossOver). The Mac App Store version is the simplest option.
iOS (iPhone/iPad):
App Store → search "MetaTrader 5" → install the MetaQuotes version
Android:
Google Play → search "MetaTrader 5" → install the MetaQuotes version
Logging into Exness on MT5:
1. Open MT5 → File → Login to Trade Account (or the "Sign In" button)
2. Enter your Exness MT5 account number (shown in Personal Area)
3. Password: your trading password (set during account creation — different from Personal Area password)
4. Server: search "Exness" in the server list → select your entity (e.g., "Exness-MT5Real3")
5. Click OK
Setting Up Charts and Workspaces
Opening a chart:
1. View → Market Watch (Ctrl+M) to see available instruments
2. Right-click on any pair → Chart Window
3. Or drag the pair onto the chart area
Setting your preferred timeframe:
Click the timeframe buttons at the top of the chart: M1, M5, M15, M30, H1, H4, D1, W1, MN. Most active traders use H1 for context, M15 for entry.
Adding indicators:
Insert → Indicators → choose from built-in (Moving Average, RSI, MACD, Bollinger Bands, etc.)
Saving a template:
Once you have your indicators set up, right-click the chart → Template → Save Template. Name it. Apply this template to any new chart instantly.
Multiple charts:
Open several charts simultaneously (different pairs or timeframes). Use the "Window" menu to tile or cascade. Experienced traders typically monitor 2–4 charts simultaneously.
Key settings to check:
- Tools → Options → Trade tab: set default lot size and stop loss type
- Enable "One click trading" checkbox if you want instant market execution from the chart
Placing Your First Trade on Exness MT5
Market order (instant execution):
1. Right-click on the chart → Trading → New Order (or press F9)
2. Select: Symbol (e.g., EURUSD), Volume (0.01 for micro lot), Type: Market Execution
3. Set Stop Loss (pips below current price for buy) and Take Profit
4. Click Buy or Sell
Pending order (entry at a specific price):
1. New Order → Type: Limit Order (buy below current price or sell above)
2. Set the exact price, volume, SL, TP
3. Click Place
Modifying a trade:
Right-click on the trade in the Terminal → Modify or Delete Order → change SL/TP → OK
Closing a trade:
Terminal tab → Trades → Right-click the position → Close Position
Or double-click the position → Close button
Common first-trade mistakes:
- Forgetting to set a stop loss (non-negotiable)
- Entering the wrong lot size (0.01 vs 0.1 vs 1.0 are very different)
- Confusing Buy Stop and Buy Limit order types
- Not setting Take Profit — positions stay open indefinitely until manually closed
Open Exness Account
Regulated broker, unlimited leverage, instant withdrawals. Available in 170+ countries.
Open Exness Account Free →Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.