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
Open MT5
Click File → Login to Trade Account
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.