MetaTrader 5: A Complete Beginner’s Guide to Start MT5 Trading
8 MIN READ
Team BitDelta Pro • 25 Oct 2024
Beginner's GuideMetaTrader 5MT5
8 MIN READTeam BitDelta Pro • 25 Oct 2024
Key Highlights
MT5 is an all-in-one trading platform that supports advanced charting, automated trading, and multi-asset class support.
Ideal for trading CFDs on forex, crypto, indices, and commodities.
Offers access to powerful tools like Depth of Market, Economic Calendar, and Expert Advisors (EAs).
Available on desktop, mobile, and web versions.
Pro offers MT5 with tight spreads, lightning-fast execution, and no commissions on trades.
MetaTrader 5 (MT5) is one of the most powerful and versatile trading platforms available today. Whether you’re just starting out or looking to level up your CFD trading experience across forex, crypto, indices, or commodities—MT5 gives you the tools, speed, and insight you need to trade smarter.
But if you’re a beginner, the interface and options might seem overwhelming. This guide breaks it all down, step-by-step, in a clear and friendly way so you can confidently dive in and start trading like a pro—especially on a robust platform like BitDelta Pro.
Introduction to MetaTrader 5 (MT5)
MetaTrader 5 is the upgraded successor to MetaTrader 4 (MT4), designed not just for forex but for multi-asset trading—including Crypto, Indices, and Commodities via CFDs.
Unlike some platforms built only for one asset type, MT5 is a multi-functional powerhouse. It supports real-time market analysis, automated strategies, and direct integration with brokers like BitDelta Pro that offer zero-commission trading and superior liquidity.
Why Choose MT5 Over Other Platforms?
Many beginners wonder, “Why MT5? Why not just stick with MT4 or go for a web-based broker?” Here’s the short answer: MT5 offers more features, better performance, and greater flexibility.
Here’s what stands out:
Multi-asset Trading: MT5 isn’t just for forex. It allows you to trade CFDs on crypto, commodities, and indices—all from one dashboard.
Built-in Economic Calendar: Real-time macroeconomic updates without leaving your chart.
Depth of Market (DOM): See real-time bid/ask liquidity to time your trades more strategically.
Faster Execution: Built on a 64-bit multi-threaded platform, MT5 is faster and more stable than MT4.
BitDelta Pro takes this even further by offering these features alongside institutional-grade execution, making it ideal for serious beginners.
Understanding the MT5 Interface
At first glance, MT5’s interface can feel like a lot. But once you know what you’re looking at, it all falls into place.
Market Watch: Shows the live prices of all tradable CFD instruments.
Navigator: Gives access to accounts, indicators, EAs, and scripts.
Chart Window: Where all your technical analysis magic happens.
Toolbox: Manage trades, get account history, check alerts and journal logs.
You can fully customise the layout based on what you need—whether that’s scalping forex pairs or swing trading commodities.
Placing Your First Trade on MT5
Login to your BitDelta Pro account and open MT5.
Go to ‘Market Watch’ and select your preferred instrument.
Right-click > New Order.
Choose order type: market or pending.
Set lot size, stop loss, take profit.
Click Buy or Sell.
It’s that simple. The order executes with precision and speed—especially on BitDelta Pro where liquidity is deep and slippage is minimal.
Using Technical Indicators on MT5
MT5 is a dream for technical traders. Whether you’re a moving average kind of person or rely on RSI, MT5 has you covered.
Popular built-in indicators
Moving Average (MA)
Relative Strength Index (RSI)
MACD
Bollinger Bands
Fibonacci Retracement
You can also download custom indicators or build your own using the MQL5 language.
Automated Trading with Expert Advisors (EAs)
Want to let your strategies run while you sleep? MT5 lets you automate trades using EAs. These are algorithmic trading bots that follow your rules to the letter. You can:
Download free or paid EAs from the MT5 marketplace.
Create your own using the MQL5 editor.
Backtest strategies using historical data.
BitDelta Pro’s fast execution ensures that even the most time-sensitive strategies run efficiently.
Mobile & Web Trading
Prefer trading on the go? MT5 has mobile apps for iOS and Android, and a browser-based WebTrader that doesn’t require downloads. With BitDelta Pro, the mobile and web versions are synced with your desktop activity. That means you’re always connected to your trades.
Start Trading MT5 with BitDelta Pro
BitDelta Pro offers MT5 the way it was meant to be—fast, free from commissions, and packed with features that actually help you trade better.
Tight Spreads
Zero Commissions
Lightning-fast Execution
All major CFDs supported
You also get a secure client area, helpful guides, and 24/5 support—ideal for beginners getting their feet wet.
MT5: The Best Platform for Your Trading Journey
Why MT5 is the Ultimate Platform for Modern CFD Traders
MetaTrader 5 is not just an upgrade—it’s the new standard for serious CFD traders. It gives you access to all major markets, lets you automate trades, dive deep into technical analysis, and stay informed with live economic updates. Whether you’re day trading forex or holding positions in commodities, MT5 gives you the toolkit to do it right. And with BitDelta Pro offering MT5 with top-tier infrastructure, you’re not just trading—you’re trading smarter, faster, and more efficiently from day one.
Ready to start trading CFDs on a next-gen platform? Sign up with BitDelta Pro and experience the full power of MetaTrader 5.
Enjoy tight spreads, no commissions, and a platform built for traders who want more. Start trading MT5 today.
FAQs
MetaTrader 5 (MT5) is a multi-asset trading platform used to trade CFDs on forex, indices, commodities, and crypto.
Yes, MT5 is beginner-friendly with easy navigation, tutorials, and mobile support. BitDelta.Pro enhances this experience with 24/5 assistance.
MT5 is widely used for CFD trading on major and minor forex pairs.
MT5 supports more asset classes, offers faster processing, and includes tools like the economic calendar and depth of market.
You can run Expert Advisors (EAs), custom scripts, and strategies on MT5.
It’s available on iOS and Android and includes almost all the features of the desktop version.
BitDelta Pro allows you to trade CFDs on crypto, indices, and commodities through MT5.
Create an account on BitDelta.Pro, download the MT5 terminal, log in, and you’re good to go.
No, BitDelta Pro offers zero-commission trading with tight spreads.
The platform is free to download and use with any supported broker like BitDelta Pro.
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.
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