OPTRAFX

MetaTrader 5

Over 150 CFD instruments covering 6 asset classes Fast, transparent, and stable order execution with excellent trading conditions.

Crypto
energy
Forex
index
metal
US/EU Stocks

How to install the MT5 platform

Access powerful tools to optimize your trading and improve your edge in the FX market.

1

Download and run the installation file, the MetaTrader 5 settings window will appear. Read and accept the license agreement, then click “Next” to continue.

2

The installation progress will be displayed in the dialog window.

3

Once the installation is complete, click the “Finish” button to open the Optra FX Direct MT5 trading platform.

4

After a successful installation, MT5 will be launched with the default parameters. You can use the login details sent to you via email to log in to the MT5 platform.

Questions and answers about MT 5

Find answers to popular questions about trading with the MetaTrader 5 platform.

What are the advanced features of MetaTrader 5?

A popular and technologically advanced trading terminal with in-depth market access and other advanced solutions.

1. New order types that combine stop and limit orders (Buy Stop Limit and Sell Stop Limit) will help you execute your trading strategy more efficiently.

2. MQL5 is a powerful programming language used to create Expert Advisors and indicators.

3. Code Base provides access to a database of technical indicators for efficient market analysis.

4. MT5 Bridge technology provides access to interbank liquidity.

The MetaTrader 5 platform has more than 20 technical indicators and 12 timeframes.

in the top menu bar. SELECT INSERT > INDICATORS.

You can also navigate to the Navigator section and insert chart indicators from there.

How do I enter a chart indicator?

The procedure is as follows:

in the top menu bar. SELECT INSERT > INDICATORS.

You can also navigate to the Navigator section and insert chart indicators from there.

How do I display a bar chart?

On the top Menu bar, select CHARTS > BAR CHART or use the keyboard shortcut (Alt+1)

Does the MT5 platform facilitate trading mini lots (10K)?

Yes, you can trade mini lots (10K) using the MetaTrader platform.

Here is the scale we use for trading lot sizes on MetaTrader:

0.01 lots = 1,000 units of our base currency (or dollar) lot size "micro"

0.10 lots = 10,000 units of the base currency (or dollars).

1.00 lots = 100,000 units of the base currency (or dollars) of our "standard" lot size.

**Please note that trading in lot sizes not shown on the scale above is possible. Examples would be open lot positions at 0.60 (60,000 units), 8.00 lots (800,000 units), and even lot positions of 3.20 lots (320,000 units).

**Also, please note that other brokers may use different scales to trade a certain lot size. For example, another broker might show 1.00 lots on a micro account as 10,000 units.

How do I change the time period on my MT5 chart?

To add the Periodicity toolbar to the main menu bar, select VIEW > TOOLBARS > PERIODICITY. (Optional) Use the following description to apply periodicity to the chart:

M1 = 1-minute chart

M5 = 5-minute chart

M15 = 15-minute chart

M30 = 30-minute chart

H1 = 1-hour chart

H4 = 4-hour chart

D1 = daily chart

W1 = weekly chart

MN = monthly chart

How can I see all the currency pairs I have?

Within the Market Watch window, you can view all currency pairs eligible for trading by right-clicking in this section and selecting 'Show All'. After that, all currency pairs will appear.

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