Trading On MetaTrader 5 Android Mobile App

Trading On MetaTrader 5 Android Mobile App

About Metatrader 5

Metatrader 5 is one of the most sought-after and widely used trading platforms in the world. It’s the successor to Metatrader 4 which is currently being phased out by most trading providers in favor of the more powerful and highly customizable Metatrader 5.


The popularity of mobile trading remains on the rise as technology evolves and with more people on the go looking for a way to keep track of the global financial markets along with the ability to manage their accounts, place trades, follow the news, and much more.

Installing Metatrader 5 mobile app

Whether you own an Android-based phone or an iPhone with iOS, the first thing you need to do is head over to the respective store where you can download the Metatrader 5 mobile app. In this guide, we will focus on Android but most functionalities are similar across both operating systems.


For iOS:


MetaTrader 5 on the App Store (


MetaTrader 5 — Forex & Stock trading - Apps on Google Play


You can also access the App Store or Play Store from the phone directly and search for Metatrader 5 then click on install. Depending on your internet speed, you should be ready very shortly.


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Connecting to your broker

First of all, you need to make sure that your broker, and more specifically, your account, supports Metatrader 5. After downloading the platform, open it and once inside, click on the menu represented by three horizontal bars then click on “Get started”.


To add an account, click the “+” at the top right of the screen. From there, you can look for your broker if you are familiar with and sure of the name. In this case, you will search for “CFI” and click on “CFI Global Management Limited”.


From there, you will enter your login and password and select the appropriate server, depending on whether you have a demo or live account. You can also choose to save your password.


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Navigating the app

Watch List

Once logged in, you will be able to navigate the bottom menu starting with the two diagonal arrows at the bottom left. Clicking on this will show you your watch list where you can have all the instruments you would like to keep track of or trade on one page. The default view should already have a few instruments listed and adding more is simple. Click on the “+” at the top right and choose from the different asset classes available. Once inside the specific asset class, click the product of your choice and it will automatically be added to your watch list. Back to the watchlist, the pen symbol right next to the “+” will let you edit the watchlist and rearrange instruments according to your needs.



There are different ways you can access charts. You can start by clicking a symbol in the watchlist where you will see a menu and then click on “Chart”. You can also navigate to the chart function found in the bottom menu and symbolized as three candlesticks.


Once on the charts, you can customize and perform different functions such as:

  • Adding indicators (symbolized by the letter “f”)
  • Change the instrument (symbolized by the “$” with signs around it)
  • Add another window (symbolized by the two back to back windows)
  • Place a trade or order (symbolized by the page with a plus in the middle)


Clicking on the chart will bring up a circular quick menu that allows you to change timeframes, add objects and indicators and access the settings of the chart where you can change different functions such as using candlestick or bar charts. Also, this allows you to customize the colors of your chart to suit your visual needs.


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Trade Function

The trade function is symbolized by a rising diagonal arrow. Clicking on it will display a few key elements including balance, equity, and free margin. Also, the trade function will show you your trades as well as their current profit/loss. You can click and hold for a list of options such as closing your position, modifying the stop loss or take profit, or simply accessing the chart again..



The fourth icon in the bottom menu shows you the history of your account including closed positions, deposits, withdrawals, and transfers. This page includes a few features at the top such as the ability to filter based on instrument, the ability to sort by time, profit, symbol, and others as well as a calendar view that allows you to look at the history of your account over a specific period.



The fifth icon that looks like a newspaper is the news function of Metatrader 5. If your broker allows it, this icon will show you any news coming in from specific news feeds. This is beneficial as it keeps you updated with the latest happenings across the markets.


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Placing trades on Metatrader 5 Android app

Now that we are familiar with the functionalities of the chart including placing trades, it’s time to place a trade from the watch list.


Go to the watch list and click on the instrument of choice. Then, click on “New Order”. This will bring up the order screen where you can place a variety of orders including instant execution and pending buy and sell orders.


After you decide on the order type, you will enter the size of your choice.


Below the size, you can add the price of your stop loss and take profit if you choose to have one or both of them.


Once ready, click on buy or sell depending on your decision, and your trade or order should be active.


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Final thoughts

Whether you are using iOS or Android, the mobile app from Metatrader 5 is very easy to use and highly intuitive, allowing for a very short learning curve. You can always open a demo account and practice first if you feel you are not ready to use your live account on the mobile app.

CFI Financial Group is an award winning global financial markets provider with over 23 years of experience and regulated entities in several jurisdictions, focused on offering impeccable execution and trading conditions including very low spreads, professional services, dedicated support and powerful tools.
Credit Financier Invest Limited has regulated subsidiaries in
London • Larnaca • Beirut • Amman • Dubai • Port Louis
Credit Financier Invest Limited
Govant Building , BP 1276
Port Vila Vanuatu

Important Disclaimer:

We would like to remind that while we endeavour to provide best possible services, CREDIT FINANCIER INVEST (INTERNATIONAL) LIMITED provides execution only services and any information, reports, opinions, commentary or other materials he receives from CFI directly or from its employees or through any analytical tools provided to him or third party research provided to him from the Company shall not be deemed as investment advice and it cannot be relied upon to make investment decisions. The Client commits to make his own research and from external sources as well to make any investment. The Client accepts that CFI will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The contents of any report provided should not be construed as an express or implied promise, as a guarantee or implication that clients will profit from the strategies herein, or as a guarantee that losses in connection therewith can, or will be limited.

Forex and CFDs are leveraged products that incur a high level of risk and a small adverse market movement may expose the client to lose the entire invested capital. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The possibility exists that you could sustain a loss in excess of your deposited funds even if a stop loss is used and therefore, you should not speculate with capital that you cannot afford to lose and be aware of trading risks. Please note that we do not offer our investment /ancillary services to residents of certain jurisdictions such as USA, Sudan, Syria, Republic of Korea and other countries, as those listed to FATF and MONEYVAL recommendations. CREDIT FINANCIER INVEST (INTERNATIONAL) LIMITED provides general information that does not take into account your objectives, financial situation or needs. The content of this website must not be interpreted as personal advice. Please ensure that you understand the risks involved and seek independent advice if necessary.

The Best Online Financial Trading Services, Middle East, 2020
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