Connect to an Account - Getting Started - MetaTrader 5 Help (2024)

To start working with a trading account, you need to connect to it using a login (account number) and password. Two types of account access are available in the trading platform: master and investor. Logging in using the master password gives full rights for working with the account. Investor authorization allows you to see the account status, analyze prices, and work with your own Expert Advisors, but not trade. The Investor access is a convenient tool for demonstrating the trading process on the account.

The trading platform provides the option of extended authentication using SSL certificates.

Click "Connect to an Account - Getting Started - MetaTrader 5 Help (1) Login to Trade Account" in the File menu or in the Navigator.

Connect to an Account - Getting Started - MetaTrader 5 Help (2)

Specify the following data in this window:

  • Login — the number of the account used for connection.
  • Password — the master or investor password for the account.
  • Server — server to connect to. Also you can indicate a server manually. Enter its IP address and port number as [server number]:[port number], for example, 192.168.0.1:443.

Enable the "Save password" option, and the next time you start the platform, the last used account will be automatically connected to the server. Option "Keep personal settings and data at startup" in the platform settings performs the same action.

After specifying all the details, click "OK" to connect.

Forced Change of Password #

Upon authorization, you may be requested to change the master password of the account. Forced password change can be enabled by the trade server administrator. The mechanism of forced change of the master password, when you first connect or on a regular basis, increases safety.

Connect to an Account - Getting Started - MetaTrader 5 Help (3)

Enter the new password, and then enter it again to confirm. The password must meet the following requirements:

  • It cannot be shorter than the length required in the password change dialog.
  • It must contain four character types: lowercase letters, uppercase letters, numbers, and special characters (#, @, ! etc.). For example, 1Ar#pqkj.
  • It must not be the same as the previous password.

If the master password is changed forcedly, the investor password of the account is also reset. A new investor password can be set in the platform settings.

Deposit and withdrawal #

The trading platform allows quickly switching to deposit/withdrawal operations on the broker website. You do not need to search for these functions in the trader's room, while fast navigation commands are available directly in terminals: in the accounts menu in Navigator and in Toolbox:

Connect to an Account - Getting Started - MetaTrader 5 Help (4)

  • Deposit/withdrawal operations are only available if appropriate functions are enabled for the trading account on the broker side.
  • The trading platform does not perform any account deposit/withdrawal operations. The integrated functions redirect the user to the appropriate broker website pages.
Connect to an Account - Getting Started - MetaTrader 5 Help (2024)

FAQs

How do I connect to my MT5 account? ›

A login and password are required for connection to a trading account. Two types of account access are available in MetaTrader 5 for Android: Master and Investor. Being authorized with a master password, a user can access the entire functionality of the platform.

Why can't i login to my MT5 account? ›

If you cannot login to your MT5 account, please check the error message in the 'Journal' tab in the bottom left corner. The 'Authorization failed' error message means you have entered the incorrect login details.

How to start a real account on MetaTrader 5? ›

How to open an MT5 account: Step-wise guide
  1. Select and sign up with an MT5 broker. ...
  2. Download MetaTrader5. ...
  3. Create your MT5 account on the trading platform. ...
  4. Fund your account. ...
  5. Start trading.

Why is my MT5 not working? ›

Restart your platform.

If you are certain that you are using the correct logins, restart the platform— close it > wait for 10 seconds > open it again. If you are using an anti-virus, firewall, VPN, or any other security program, make sure that MT4 and/or MT5 are on the list of “allowed programs“.

What is the minimum deposit for MetaTrader 5? ›

Is there a minimum deposit to trade on MetaTrader 5? Yes, the minimum deposit is $100. We'd always recommend making sure you have more than the minimum available, to afford you more flexibility with your strategy. Start trading on MT5 by opening an account, or practice first using virtual funds with an MT5 demo.

How do I recover my MetaTrader 5 account? ›

*Just click forgot password, you do not need your old password to reset your trading account password. Once you have clicked the forgot password option, the instructions will be sent to you by email.

Why does MetaTrader 5 keep saying invalid account? ›

The most common cause of the “Invalid Account” error is entering incorrect login and password values. When you log in to MetaTrader (File — Login to Trade Account), carefully enter the correct account credentials and follow capitalization in the password.

What is my MT5 login? ›

Log in to your Personal Area. From My Accounts, click the account's settings icon to bring up its options. Select Account information and a pop-up with that account's information will show up. Here you will find the MT4/MT5 login number and your server number.

Can I trade on MT5 without a broker? ›

You can't use MetaTrader for trading without a broker. MT4/MT5 is a trading platforms that provides tools and features for analyzing quotes and making trades. However, you can do that only on a trading account that you opened with a broker and connected to the platform via the menu.

What is the best broker to use for forex? ›

Best Forex Brokers
Best Overall, Best for Range of OfferingsCMC Markets
Best Forex Broker for Advanced TradersSaxo Capital Markets
Best Forex Broker for Low CostsXTB Online Trading
Best Forex Broker for U.S. TradersIG
Best Forex Broker for Trading ExperiencePepperstone
1 more row

How do I verify my MetaTrader 5 account? ›

The main identity verification document is a passport. A brokerage company may also accept other documents, such as a driver's license. For address confirmation, you may use you bank account statement or current utility bill. The documents must contain your full name and address.

Why was MT5 banned? ›

The Indian government made this decision unexpectedly. It is believed that this happened because these platforms are not registered in India and thus operate illegally. Recently, the much-appreciated trading platforms all over the world, MT4 and MT5, have been banned in India. This is a major shock for traders.

How do I connect to MT5? ›

Input your MT5 account number and password. Select the appropriate server (either demo or live). Then click Login. Learn More: How to set / reset your trading account password?

Why was MetaTrader 5 removed? ›

In September 2022, a ban on the MT4 and MT5 apps in Apple's App Store, which affected all markets, made headlines. Though the reasons for the decision were unclear, there was speculation that it was related to trading scams published in the iOS app store, impersonating popular trading platforms.

How do you find your server on MT5? ›

Log in to your Personal Area. From My Accounts, click the account's settings icon to bring up its options. Select Account information and a pop-up with that account's information will show up. Here you will find the MT4/MT5 login number and your server number.

How do I login to my deriv account on MT5 on PC? ›

To connect to the Deriv server on your MT5 desktop app:
  1. Click the File tab in the top left corner.
  2. Click Open an account.
  3. Select Deriv.com Limited. Please note that your server depends on your account jurisdiction.
  4. Choose Connect with an existing trade account.
  5. Enter your Deriv MT5 credentials and click finish.
Jun 18, 2024

Where to find QR code on MT5? ›

When you open an account in the desktop platform, a QR code is generated for you. Use this code for quick connection to your account from a mobile application. Tap "Sign In with QR Code" at the bottom of the screen.

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