Pepperstone logo
Pepperstone logo
  • English (UK)
  • Ways to trade

    Pricing

    Trading accounts

    Trading hours

    24-hour trading

    Spread betting vs CFDs

    Maintenance

  • Trading platforms

    Trading platforms

    TradingView

    MetaTrader 5

    MetaTrader 4

    Pepperstone platform

    cTrader

    Trading integrations

    Trading tools

  • Markets

    Markets to trade

    Forex

    Shares

    Indices

    Commodities

    Currency Indices

    Dividends for Index CFDs

    Dividends for Share CFDs

    CFD Forwards

    ETFs

  • Market analysis

    Market news

    Navigating Markets

    The Daily Fix

    Meet the Analysts

  • Learn to trade

    Trading guides

    CFD trading

    Spread betting

    Forex trading

    Commodity trading

    Stock trading

    Technical analysis`

    Day trading

    Scalping trading

    Candlestick patterns

    Upcoming IPOs

    Gold trading

    Oil trading

    Webinars

  • Partners

  • About us

  • Help and support

  • Professional

  • English (UK)

Trading platforms

Share

MetaTrader 5

The MetaTrader 5 platform is widely regarded as one of the top forex trading platforms out there. Expect faster processing times, advanced order entry capabilities, and the latest tools when trading on MT5.

Download MT5

MT5 provides exceptional features to help you stay ahead in your trading journey including a strategy tester for those interested in automating and testing their trading strategies and expert advisors, a highly intuitive and easy to use interface, and advanced charting with endless possibilities.

Why choose MetaTrader 5?

Easier to use

Easy-to-code trading signals using the MQL5 programming language

Advanced platform customisation options

21 timeframes to choose from

Optimised processing of expert advisors and indicators

Access Smart Trader Tools and Autochartist

for market analysis

Ability to hedge your positions

38 inbuilt indicators to choose from

Download MetaTrader 5

Tablets and smartphones
Desktop
WebTrader

MQL5 vs MQL4

The MQL programming language is an integrated language designed for programming trading strategies specifically on MetaTrader. MT5 employs MQL5, which provides several benefits compared to MT4's MQL4. You can see some of those benefits below:

Object-oriented programming

Similar syntax to that of C++ programming language

Improved debugging tools

Advanced events management model

User guides and videos

  • How to download and install MT5
  • MT5 platform walk-through
  • How to use MetaTrader on your smartphone

MetaTrader 5 FAQs


    How to open an order ticket

    Open a window and click New Order or simply use your hotkey, F9. Alternatively, right-click on the chart > Trading > New Order

    Your order ticket window has three key fields:

    1. The Type field is where you can place an order at current market price (market execution) or submit an order for a certain price in the future (pending order).
    2. The volume field is where you input your trading volume. This is based on standard FX lots ($100,000 exposure and $10 of the base currency per pip).
    3. Add an automated order to exit your trade at a profit (take-profit) or loss (stop-loss).
    How to modify or delete your order?
    How can I load an expert advisor?
    What are Smart Trader Tools?
    Understanding position size, leverage and margin


    How to subscribe to additional products in MT5

    Example with US Equities

    Step 1
    On the MT5 desktop platform, log in successfully and navigate to the "Subscriptions" menu on the left bar.


    Step 2
    Click on "Subscriptions" to view the available subscriptions and select the ones you want to subscribe to.


    Step 3

    In the blue box, you can view the cost, duration, and description of the product you want to subscribe to. Click on the green button to subscribe.


    Step 4
    Once subscribed, you can view the duration and type of renewal, and unsubscribe if needed. Please note that subscriptions with fees are non-refundable even if you unsubscribe from them.

    Ready to trade?

    Opening an account is quick and easy. Apply and start trading.

    Get started

    Other Sites

    • The Trade Off
    • Partners
    • Group
    • Careers

    Ways to trade

    • Pricing
    • Trading accounts
    • Pro
    • Trading hours

    Platforms

    • Trading Platforms
    • Trading tools

    Markets and Symbols

    • Forex
    • Shares
    • ETFs
    • Indicies
    • Commodities
    • Currency indicies
    • CFD forwards

    Analysis

    • Navigating Markets
    • The Daily Fix
    • Pepperstone pulse
    • Meet Our Analysts

    Learn-to-trade

    • Trading guides
    • Videos
    • Webinars
    Pepperstone logo
    support@pepperstone.com
    +442038074724
    70 Gracechurch St
    London EC3V 0HR
    United Kingdom
    • Legal documents
    • Privacy policy
    • Website terms and conditions
    • Cookie policy

    © 2025 Pepperstone Limited 
    Company Number 08965105 | Financial Conduct Authority Firm Registration Number 684312

    Risk warning: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.8% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

    Trading derivatives is risky. It isn't suitable for everyone and, in the case of Professional clients, you could lose substantially more than your initial investment. You don't own or have rights in the underlying assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn't take into account your or your client's personal objectives, financial circumstances, or needs. Please read our legal documents and ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice.

    Pepperstone Limited is a limited company registered in England & Wales under Company Number 08965105 and is authorised and regulated by the Financial Conduct Authority (Registration Number 684312). Registered office: 70 Gracechurch Street, London EC3V 0HR, United Kingdom.

    The information on this site is not intended for residents of Belgium or the United States, or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.