Brokerate| Review,Rate,Rebate logo
Sign in

How to Trade with MT5 on FXPro

5 min read 557 views Matt Barnez FXPro Broker Review
MT5 on FXPro article header showing a laptop with the MetaTrader 5 trading platform, forex price chart, market watch panel, and trade terminal on a dark blue financial background.

Introduction

MetaTrader 5, or MT5, is a multi-asset trading platform used for forex and CFD trading. FXPro offers MT5 as one of its supported platforms, allowing users to access markets through live pricing, charting tools, indicators, multiple order types, and trade management features.

MT5 works as the trading interface, while FXPro provides pricing, leverage, execution, account conditions, and trading infrastructure.

How MT5 and FXPro Work Together

Before using MT5 with FXPro, users need to open and approve an FXPro trading account.

After account setup, FXPro provides MT5 login details, including:

  • Login number

  • Trading password

  • FXPro MT5 server

When users log in with these details, MT5 connects to FXPro’s trading servers.

Any action inside MT5, such as opening, modifying, or closing a trade, is sent to FXPro for execution.

In simple terms, MT5 is the platform the trader uses, and FXPro is the broker that executes the trades.

1. What Is MT5 at FXPro?

MT5 is a trading platform developed by MetaQuotes.

It allows traders to:

  • View live market prices

  • Analyze charts

  • Place and manage trades

  • Use technical indicators

  • Run automated trading systems called Expert Advisors

When MT5 is connected to FXPro, trading conditions depend on the FXPro account type.

This means spreads, commissions, leverage, symbols, and execution rules are set by FXPro, not by MT5 itself.

2. How to Download MT5 from FXPro

FXPro provides MT5 for several devices.

Desktop

The desktop version is usually preferred by traders who need full platform features.

It supports advanced charting, custom indicators, templates, and Expert Advisors.

Mobile

MT5 is available on Android and iOS.

The mobile app can be used for chart monitoring, trade management, and account access.

Web Version

MT5 WebTrader runs in a browser and does not require software installation.

It may be useful for quick access, but it usually has fewer advanced features than the desktop version.

3. How to Log In to MT5 with FXPro

After opening an FXPro account, users receive their MT5 login ID, trading password, and server name.

To log in:

  • Open MT5

  • Click File

  • Select Login to Trade Account

  • Enter the login ID and password

  • Choose the correct FXPro server

Selecting the wrong server can cause connection or authorization errors.

4. MT5 Interface Explained

MT5 has several main sections.

Market Watch

Market Watch shows tradable instruments and live bid and ask prices.

Users can add or remove symbols manually.

Charts

The chart area shows price movement for selected instruments.

MT5 supports multiple timeframes, candlestick charts, bar charts, line charts, indicators, and drawing tools.

Navigator

The Navigator panel includes trading accounts, indicators, scripts, and Expert Advisors.

It is also used to manage automated trading tools.

Toolbox

The Toolbox window shows open positions, pending orders, account balance, margin, free margin, trade history, and system messages.

This section is important for monitoring trades and account risk.

5. How to Place a Trade on MT5

MT5 supports market orders and pending orders.

Market Orders

A market order opens a position at the current available price.

To place a market order:

  • Right-click on the chart

  • Select New Order

  • Choose the symbol and volume

  • Select Buy or Sell

  • Add a stop loss or Take Profit if needed

Pending Orders

Pending orders open only when the market reaches a selected price.

MT5 supports several pending order types, including:

  • Buy Limit

  • Sell Limit

  • Buy Stop

  • Sell Stop

  • Buy Stop Limit

  • Sell Stop Limit

These order types give traders more flexibility when planning entries.

6. Lot Size, Margin, and Leverage in MT5

Lot size controls trade volume.

Common lot sizes include:

  • 1.00 lot: 100,000 units

  • 0.10 lot: 10,000 units

  • 0.01 lot: 1,000 units

Leverage affects how much margin is needed to open a position.

MT5 displays important account values such as balance, equity, margin, free margin, and profit or loss.

These values change in real time as prices move.

Traders should understand lot size, margin, and leverage before using a live account.

7. How FXPro Trading Conditions Appear in MT5

FXPro trading conditions may appear differently depending on the account type.

Standard-style accounts may include most trading costs in the spread.

Raw-style or lower-spread accounts may show tighter spreads, but commissions can be charged separately.

Commission details may appear in account history or trade records.

For this reason, traders should compare the full cost, including spreads, commissions, swaps, and possible slippage.

8. Indicators, Timeframes, and Tools

MT5 includes a wider range of built-in tools compared with MT4.

Common MT5 tools include:

  • More built-in indicators

  • Additional timeframes

  • Integrated economic calendar

  • Drawing tools

  • Custom indicators

  • Chart templates

  • One-click trading

These tools can support analysis, but they do not guarantee better trading results.

9. Automated Trading (Expert Advisors) on MT5

MT5 supports automated trading through Expert Advisors, also known as EAs.

An EA is a program that can open, manage, or close trades based on predefined rules.

FXPro may allow EAs on MT5, depending on account rules and trading conditions.

EA performance depends on strategy quality, market conditions, spreads, execution, and risk settings.

Automated trading still carries risk, especially during volatile or low-liquidity periods.

10. Common MT5 Issues on FXPro

Some common MT5 issues include:

  • No connection: often caused by wrong server details or internet problems

  • Authorization error: usually caused by incorrect login details or server selection

  • Trade disabled: may happen when the market is closed, or the account is restricted

  • High spread: often linked to low liquidity, news events, or market volatility

  • Insufficient margin: usually caused by high lot size or limited free margin

Many problems are related to account settings, server selection, market hours, or trading conditions rather than the MT5 platform itself.

Risk Reminder

MT5 is a trading platform, not a trading strategy.

Even with advanced tools, indicators, and automation, losses are still possible.

Leverage can increase both gains and losses, and market conditions can change quickly.

Before trading with real funds, users should understand order types, margin, leverage, lot size, and risk management.

For platform comparison, users can also review guides comparing MT4, MT5, and cTrader.

Conclusion

MT5 on FXPro gives traders access to forex and CFD markets through a modern multi-asset trading platform. It provides charts, indicators, additional order types, Expert Advisors, an economic calendar, and trade management tools.

However, trading outcomes depend on market conditions, account settings, execution, and risk management. Beginners should start with a demo account or small position size before trading larger amounts on a live FXPro MT5 account.

Loading video...

Video unavailable

This embed could not load in the page. Open it directly on YouTube for the full video.

Open on YouTube

Comments (0)

Share your experience. We keep spam out and only publish approved replies.

Please sign in to leave a comment or react.

No comments yet. Be the first to add your perspective.