MetaTrader 5 Trading Platform in UAE

You need an ATFX live trading account and install the MetaTrader 5 software application that is applicable for desktop pc on Windows, mobile on Android and IOs.

MetaTrader 5  is a free platform, and you can download the software for free. However, trading through MT5 might involve costs or fees depending on your chosen broker and products. These costs can include spreads, commissions, and account maintenance fees and are subject to different financial instruments.

The range of historical data on MT5 varies based on the specific instrument and the time frame being examined. For certain instruments, the data can date back as far as 1995.

This occurs because the MT5 platform undergoes a routine daily optimization, followed by a system restart. This process typically happens shortly after 9pm GMT during summer months and around 10pm GMT in winter, although the exact timing can vary and is beyond ATFX control.

It’s important to note that this is a common experience across all MT5 providers, although the specific time for this optimization may differ with each provider.

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are trading platforms developed by MetaQuotes Software, designed for online trading in various financial markets.

While both of them are from the same provider, there are several differences between the two apps.

MetaTrader 4 is mainly focused on Forex trading. Its primary features are comprehensive charting tools, technical analysis capabilities, automated trading via Expert Advisors, and support for various order types.

Meanwhile, MetaTrader 5 is designed for multi-asset trading, including forex, stocks, futures, and Second Contract. It offers an advanced interface, a depth of market features, more timeframes and indicators, and enhanced tools and resources.

Using MetaTrader 5 (MT5) involves several steps, from installation to executing trades. Here’s a concise guide:

1. Visit the ATFX website and download MT5.
2. Open MT5 and select “File” > “Open an Account.”
3. Choose your broker and follow the prompts to create a demo or live account.
4. Go to “File” > “Login to Trade Account.” Enter your account credentials provided by your broker.
5. Customize your workspace by opening charts, setting time frames, and adding technical indicators.
6. Use the tools and indicators available to perform technical and fundamental analysis.
7. Access economic news and calendar events within the platform.
8. To place a trade, click “New Order” from the toolbar or right-click on a chart.
9. Fill in the order details such as symbol, volume, stop loss, take profit, and order type.
10. Click “Buy” or “Sell” to execute the trade.
11. Monitor your trades in the “Trade” tab of the Terminal window.
12. Modify or close trades as needed directly from the Terminal or chart.

The margin level in MT5 is a percentage that shows the ratio of equity to used margin.

A higher margin indicate that you either have a very high Equity or/and very low used margin.

A lower margin level indicates that you have either a very low Equity or/and a very high used margin.

In other words, the more trades you take, the more margin you use. However, if these trades make unrealized profits, this will reflect on a higher equity side, increasing your margin levels. 
However, the margin level will be lower if you make the same trades but have an unrealized loss.

In other words, the higher this ratio is, the better. However, always make sure to apply risk management tools in your trading to avoid capital losses.

To add an indicator in MetaTrader 5 (MT5), follow these steps:

1. Launch MT5.
2. Open the chart where you want to add the indicator.
3. Click on “Insert” in the top menu.
4. Select “Indicators.”
5. Choose the desired indicator category.
6. Click on the specific indicator you want to add.
7. A window will appear for you to set the indicator’s parameters. Adjust them as needed.
8. Click “OK” to apply the indicator to the chart.

You can’t add deposits directly from the app. However, you can go to the ATFX client portal and click on the Deposit section in the dashboard.

Choose the method of payment you desire and follow the instructions.