Illustration depicting the integration of MetaTrader 5 (MT5) with FXPro broker services, featuring a handshake between professionals, a laptop, desktop, smartphone, and financial charts.
4 min read 41 views Matt Barnez

How MT5 Works with FXPro: A Complete Guide to Trading on MetaTrader 5

Introduction

MetaTrader 5 (MT5) is a multi-asset trading platform designed for trading forex and CFDs. FXPro offers MT5 as one of its supported trading platforms, allowing traders to access global markets using advanced charting tools, multiple order types, and broker-provided execution. When using MT5 with FXPro, it is important to understand how the platform and the broker interact. MT5 is the software used to analyze markets and manage trades, while FXPro provides pricing, leverage, order execution, and the underlying trading infrastructure.

How MT5 and FXPro Work Together

Before using MT5, traders must open and fund an account with FXPro. Once the account is approved, FXPro provides MT5 login details, including the login number, trading password, and the FXPro MT5 server.

After logging in, MT5 connects directly to FXPro’s servers. Any action taken within MT5—such as opening, modifying, or closing a position—is transmitted to FXPro for execution. Trade results are then reflected in the platform in near real time.

In simple terms, MT5 is the trading platform, and FXPro is the broker executing the trades.

1. What Is MT5 at FXPro?

MT5 is a trading platform developed by MetaQuotes and is structurally different from MT4. It allows traders to:

  • View live market prices

  • Analyze price charts

  • Place and manage trades

  • Use technical indicators

  • Run automated trading systems (Expert Advisors)

When connected to FXPro:

  • Trades are executed through FXPro’s infrastructure

  • Spreads, commissions, and leverage depend on the FXPro account type

  • MT5 itself does not control trading conditions

FXPro defines the trading environment, while MT5 displays and manages it.

2. How to Download MT5 from FXPro

FXPro provides MT5 on several devices:

Desktop

  • Windows: Full-featured version

  • Mac: Available via FXPro-supported installation methods

Mobile

  • Android and iOS versions support trading, charts, and position management

Web Version

  • MT5 WebTrader runs in a browser with limited functionality

For full access to indicators, templates, and automated trading features, the desktop version is generally preferred.

3. How to Log In to MT5 with FXPro

After opening an FXPro account, you receive:

  • MT5 login ID

  • Trading password

  • Correct the FXPro MT5 server

Login steps

  1. Open MT5

  2. Click File → Login to Trade Account

  3. Enter your login details and select the correct server

Selecting the wrong server may result in connection or authorization errors.

4. MT5 Interface Explained

Market Watch

Displays tradable instruments and live prices.

Charts

Shows price movement with:

  • Multiple timeframes

  • Candlestick, bar, and line charts

Navigator

Contains:

  • Trading accounts

  • Indicators

  • Expert Advisors and scripts

Toolbox

Displays:

  • Open positions and pending orders

  • Account balance and margin

  • Trade history and system logs

5. How to Place a Trade on MT5

Market Orders

Used to open a position at the current market price.

Steps:

  • Right-click a chart → New Order

  • Select volume (lot size)

  • Choose Buy or Sell

  • Optionally set Stop Loss and Take Profit

Pending Orders

MT5 supports:

  • Buy Limit / Sell Limit

  • Buy Stop / Sell Stop

  • Buy Stop Limit / Sell Stop Limit

These order types allow more flexible trade entry.

6. Lot Size, Margin, and Leverage in MT5

Lot Size

  • 1.00 lot = 100,000 units

  • 0.10 lot = 10,000 units

  • 0.01 lot = 1,000 units

Leverage and Margin

Leverage affects margin requirements. MT5 shows:

  • Balance

  • Equity

  • Used margin

  • Free margin

Values update dynamically as prices move.

7. How FXPro Trading Conditions Appear in MT5

Depending on the FXPro account type:

  • Standard accounts

    • Spread-only pricing

  • Raw-style MT5 accounts

    • Lower spreads

    • Commission charged separately

Commissions may appear as balance adjustments in the account history.

8. Indicators, Timeframes, and Tools

MT5 provides:

  • A larger set of built-in indicators than MT4

  • Additional timeframes

  • Integrated economic calendar

  • Custom indicators and templates

These tools support market analysis but do not reduce trading risk.

9. Automated Trading (Expert Advisors) on MT5

MT5 supports automated trading using Expert Advisors (EAs). FXPro allows EAs on MT5, subject to broker conditions.

EA performance depends on:

  • Strategy logic

  • Market conditions

  • Execution quality and trading costs

10. Common MT5 Issues on FXPro

Common issues include:

  • No connection → incorrect server or network issue

  • Trade disabled → market closed or account restriction

  • High spread → low liquidity or major news events

  • Insufficient margin → leverage or position size too high

Most issues are account-related rather than platform faults.

Risk Reminder

MT5 is a trading platform, not a trading strategy.
Even with advanced tools:

  • Losses are possible

  • Leverage increases risk

  • Market conditions can change rapidly

Understanding margin, order types, and leverage is essential before trading live funds.

Anyway, if you like to compare meta4/5 with ctrader, please click here.

Conclusion

MT5 at FXPro provides access to forex and CFD markets through a modern trading platform with advanced analytical and execution features. While MT5 offers a wide range of tools, trading outcomes depend on market behavior, account settings, and risk management rather than the platform itself.

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