MetaTrader 5 (MT5) is a powerful platform for trading commodities like gold, oil, and agricultural products.
MT5 supports CFDs, allowing traders to speculate on commodity price movements without owning the asset.
The platform includes advanced charting tools, technical indicators, and one-click order execution.
Traders can access live market data, set stop-loss and take-profit levels, and automate strategies using Expert Advisors.
BitDelta.Pro offers seamless integration with MT5 for fast, commission-free commodity trading.
What is MetaTrader 5?
MetaTrader 5, or MT5, is a multi-asset trading platform that allows you to trade forex, indices, stocks, and commodities, all from a single interface. Known for its speed, flexibility, and technical tools, MT5 is widely used by both beginners and professional traders.
When it comes to commodities, MT5 makes the process straightforward. You can trade a range of commodities as CFDs. In other words, you don’t have to physically own oil, gold, or sugar, you simply trade based on price movements.
Why Trade Commodities on MT5?
Trading commodities on MT5 offers several key benefits:
Wide Range of Markets: Trade popular commodities like crude oil, natural gas, gold, silver, and more.
User-Friendly Interface: Easily navigate charts, set orders, and customise your dashboard.
Built-in Analysis Tools: Use over 38 technical indicators, 21 timeframes, and a suite of drawing tools for the ultimate charting experience.
Automation with EAs: Automate your commodity strategies using Expert Advisors.
Real-Time Data: Monitor live price action and depth of market for informed decisions.
Step-by-Step: How to Trade Commodities on MT5
Choose a Broker and Open an Account
To begin, you’ll need to open an account with a broker that supports MT5 and offers commodity CFDs. At BitDelta.Pro, we offer highly competitive conditions, tight spreads, and fast execution across a range of commodities and on over 1,000 products.
Download and Set Up MT5
Install MT5 on your preferred device, whether desktop, web, or mobile. Use your broker login to access live markets.
Find Commodity Instruments
In the ‘Market Watch’ window, right-click and select ‘Symbols’. From there, you can view all available products. Enable the commodities you want to trade.
Open a Chart and Analyse the Market
Select a commodity that you are interested in analysing, open a chart, and try to understand the prevailing direction of said product. Additionally, you can apply technical indicators for a supportive visual depiction of price action. MT5’s customisable charting makes analysis simple.
Place a Trade
Right-click on the chart and choose ‘New Order’. Set your lot size, stop-loss, take-profit, and order type (market or pending). Review the details and click ‘Buy’ or ‘Sell’.
Monitor and Manage Your Position
Once your trade is live, you can track performance in the ‘Trade’ tab. You can also adjust stop-loss or take-profit levels directly from the chart.
Close Your Trade
When you’re ready, close the trade manually or let your stop-loss/take-profit execute automatically. You’ll see your profit or loss in the terminal.
Tips for Trading Commodities on MT5
Stick to a Trading Plan: Avoid impulsive trades by having clear entry, exit, and risk management rules.
Use Risk Management Tools: Always set stop-loss orders to protect your capital.
Follow Global News: Commodity prices often react to economic reports, geopolitical events, and supply chain changes.
Backtest Your Strategy: Use MT5’s strategy tester to evaluate automated systems before going live.
Start with a Demo Account: Practise without financial risk while you get comfortable with the platform.
Your Gateway to Global Commodities
Trading commodities using MetaTrader 5 opens the door to one of the most dynamic markets in the world. Commodities are hot markets nowadays and traders are flocking towards the safe haven status of Gold while also exploring the volatile nature of it, alongside other products.
With its advanced features, real-time insights, and automation options, MT5 is more than just a trading platform, it’s a complete trading ecosystem. Paired with a broker like BitDelta Pro, you’re well-positioned to access global commodity markets with speed, confidence, and low cost.
FAQs
Yes. MT5 supports commodities via CFDs, allowing you to speculate on price movements without owning the physical asset.
No, any account type at BitDelta Pro gives you access to commodity CFDs.
We have a wide range of tradable commodities and other asset classes. The most popular nowadays are Gold, Silver, and Crude Oil.
Yes. MT5 offers a demo mode, user-friendly charts, and plenty of support resources for those new to the platform, making it accessible for beginners.
Gold is typically less volatile and influenced by macroeconomics, while oil is more reactive to supply-demand shifts and geopolitical events.
Yes. MT5 allows you to create or install Expert Advisors (EAs) to automate your trading strategies.
You can start with relatively low capital thanks to leverage offered by CFD trading. Nonetheless, it's essential to manage your risk.
Right-click in Market Watch, select ‘Symbols’, and enable the commodities you want to trade.
You can use MT5's extensive charting capabilities from a technical perspective. Additionally, you should look at economic reports, supply & demand trends, and overall market sentiment, for an overall clearer and bigger picture.
DISCLAIMER
This communication is for informational and educational purposes only and should not be construed as financial, investment, or legal advice. BitDelta Pro does not guarantee the accuracy, completeness, or timeliness of the information provided. Trading in traditional securities (such as forex currency pairs, stocks, bonds, and commodities) carries inherent risks, including potential loss of principal. Users are encouraged to carefully evaluate their financial objectives, conduct their own research, and seek independent financial advice before making any trading decisions. BitDelta Pro is not liable for any losses or damages resulting from actions taken in response to this communication.
Register an Account
Start your trading journey and explore limitless trading opportunities
;?>)