How to Trade Forex in MT5 - MT5 Software

MT5 Forex trading platform is the software you install on your computer. For this learn forex trading course we shall refer to MetaTrader 5 or MT5, because it is the easiest forex platform software to learn with & the most widely used.

MT5 also requires very little inter net bandwidth, that way even if you don't have a super fast inter net connectivity you can use MT5 without any problem. You will need to register first with a broker before you can download the MT5 platform.

How to Trade Forex in MT5 Software - MT5 Platform

How to Trade Forex on MetaTrader 5 Software - Learn to Trade Online Forex Market With MT5 Software

• Practice Account - How to Trade Forex in MT5 Software

MetaTrader 5 demo trading account is a free practice account provided for beginner traders online forex traders, otherwise known as a demo account that you practice with, the cash on a practice account is virtual, not real money. No one uses real money to start with, all beginner traders use the demo account to practice with before investing real money to trade with. The MT5 forex demo account is meant to provide free Forex training practice while they learn how to trade the online forex market.

You'll need to signup & sign up with an online forex trading broker before you can get this free practice account. After you signup and register you will then receive login credentials for your MetaTrader 5 practice account. You will then use these forex account sign in credentials to login to your forex MT5 demo account and start practicing with.

Setting Up MT5 Platform - How to Trade Forex in MT5 Software

After you've gotten MetaTrader 5 forex account details you will then install the MT5 software on your PC computer. If you've never installed any software before navigate to folder where you downloaded the forex MT5 platform (don't know where that is, just Press both Ctrl & J i.e. CTRL+J or (CTRL+Y) Keys on your keyboard, and your MT5 download will appear), double-click the download file and then click next, next until you finish installing.

After you have installed the MT5 trading software you will then open the platform software from the start menu of your computer. After you have opened the MT5 trading platform you will see the interface you will be working with which might seem complicated at first but it is not. The MT5 trading software tutorials will be explained under the lessons section where you will get an explanation of how to use this MT5 trading platform in just one hours time.

At the "top left corner" of MT5 trading software click on the "File" Menu, a drop down menu appears, scroll to where you see "Login" and click it. You will then be prompted to enter the "username" and "password" that you got when you registered on your broker's web site.' You are now logged into your forex MT5 platform & you are ready to begin forex trading.

After this you will see your forex account balance displayed just below the forex charts and you can now start using the MT5 to place demo trade transactions on the Forex trading market.