Learn How To Use MetaTrader 5 (MT5) On Mobile

Step 1: Open a TMGM Trading Account

  1. 1. Head to MT5 Download page on your mobile web browser.
  2. 2. Click on 'Download MT5 for mobile'.
  3. 3. Click on 'Sign Up' and fill in your details.
  4. 4. Login into your account.

Step 2: Setting Up MetaTrader 5 (MT5) on Mobile

  1. 1. Open the App Store (For iOS) or Google Play Store (For Android) on your Mobile device.
  2. 2. Search for 'MT5' or 'Metatrader 5' in the search bar.
  3. 3. Locate the official MT5 app developed by MetaQuotes Software Corporation.
  4. 4. Tap on the app, and tap the 'Get' or 'Install' button to initiate the installation process.
  5. 5. Once the installation is complete, tap on the app icon to launch MT5 on your mobile device.

Step 3: Log into Your Trading Account:

  1. 1. Launch the MT5 app on your mobile device.
  2. 2. Tap on the 'Settings' icon, then select 'New Account'.
  3. 3. Enter 'TMGM' in the search bar, and select the relevant server for your account (Either TMGM-Demo or TMGM-Real, depending on whether you're using a demo or real account).
  4. 4. Enter your login details (Same as your TMGM account login details) and tap 'Sign In'.

Step 4: Depositing or Withdrawing Funds

  1. 1. Access the 'Deposit' or 'Withdrawal' option in the MetaTrader 5 app.
  2. 2. Select the MT5 trading account you wish to deposit to or withdraw from.
  3. 3. Choose your preferred payment method (E.g., Bank Transfer, Credit/Debit Card, E-Wallet).
  4. 4. Enter the deposit or withdrawal details, including the amount and payment information.
  5. 5. Review and confirm the details to initiate the deposit or withdrawal.
  6. 6. Wait for the confirmation message indicating that your request is being processed.
  7. 7. Check your trading account balance to verify the transaction.

Step 5: Navigating the MetaTrader 5 (MT5) Mobile Interface

  1. 1. Upon launching MT5, the main dashboard will contain various panels, including 'Quotes’, 'Accounts', 'Trade', 'History', & 'Settings'. You can swipe or tap between these sections to navigate the app on the mobile device.
  2. 2. Quotes: Real-time quotes for various trading instruments.
  3. 3. Accounts: Access to your trading accounts.
  4. 4. Trade: Place and manage your trades.
  5. 5. History: View your trade history.
  6. 6. Settings: Customize app preferences.

Step 6: Setting Up Alerts and Notifications

  1. 1. Tap on the 'More' tab (Usually represented by three dots or lines).
  2. 2. Select 'Alerts'.
  3. 3. Create a new alert by configuring conditions like 'Symbol', 'Price/Value', and 'Action'.
  4. 4. Set parameters for the alert.
  5. 5. Give the alert a name.
  6. 6. Save and activate the alert.
  7. 7. Monitor it to receive notifications when the specified conditions are met in the market.

Step 7: Placing Trades on MetaTrader 5 (MT5) Mobile

  1. 1. Tap on 'Quotes' to view real-time quotes for trading instruments.
  2. 2. Tap on a specific instrument to bring up its chart.
  3. 3. Tap the 'Trade' button.
  4. 4. Choose 'Market Execution' to place an order at the current market price or select the type of pending order you want to place (E.g., 'Buy Limit', 'Sell Stop').
  5. 5. Set the order price, volume, 'Stop Loss', and 'Take Profit'.
  6. 6. Review the order details.
  7. 7. Tap 'Buy' or 'Sell' to confirm and place the order.

Frequently Asked Question

No, you cannot use your MT4 account ID to access MT5. You will need to create a new MT5 account with TMGM to start trading.

MT5's battery usage on mobile depends on several factors such as device, trading activity, screen brightness, data connectivity, usage of the MT5 app etc.

Yes. Complex order types or advanced strategies might not work fully on the MT5 mobile app.

Yes. Set 'Stop-Loss' and 'Take-Profit' orders on the MT5 mobile app by following these steps:

  • Open the Trade tab.

  • Tap an existing open position.

  • Modify the ‘Stop-Loss’ and ‘Take-Profit’ levels directly from the order details.

There is no built-in 'Data Transfer' feature on the mobile & desktop version of MT5, however, there are several workarounds such as:

  • Saving the charts and settings on a cloud platform like Dropbox, then accessing them from both devices.

  • Exporting or importing chart layouts from the MT5 software on desktop and importing them into the MT5 mobile app.