MetaTrader5 | FAQs – Page 6

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Recent FAQs

Which online FX & CFD broker offers MT5 (MetaTrader5) trading platform?

According to the report published by MetaQuotes, the developer of MetaTrader5, there are now over 100 brokerage firms which offer MetaTrader5 trading platform. (in 2017) The number of MT5 brokers is increasing. With Hercules Financ...

Ask and Bid prices. Which is the actual (or main) market price of financial instruments?

When you trade online, such as Forex, Stocks or Commodities, there are normally two market prices. It is called "Two Way Prices", and it is the very standard for any financial markets. The both market prices show the main prices fo...

How can I check trading hours(Market Schedule) on MT4 and MT5 trading platforms

Normally, you should be informed by your broker about the trading hours of all financial instruments, or you can check it by referring to their "Contract Specification" document. But you can also check full market hours of each symbol...

Where and how can I check CFD contract expiration dates on MT4 and MT5 platforms?

The expiration of CFD, or Stock trading contract should be notified from your Forex broker via email or their official website in accordance with standard contract specification, but you can also find out the upcoming expiration date dir...

What is "Good till today excluding SL/TP" order type on MT4 and MT5 trading platforms?

If the type of order available for your trading account is "Good till today excluding SL/TP", then all pending orders are deleted at the end of a trading day for the relevant tradings, while Stop Loss and Take Profit levels are preserved...

What is "Good till canceled" order on MT4 and MT5 trading platforms?

In case, the order type for a symbol is specified as "Good till canceled", then all pending orders will be carried over to the next day until you manually cancels them on MT5. "The pending orders" include stop loss, take profit and ot...

What is "Good till today including SL/TP" setting on MT4 and MT5 trading platforms?

If your "Type of Order" setting says "Good till today including SL/TP", then orders that are valid only during one trading day. With the end of the day, all of the Stop Loss and Take Profit levels, as well as pending orders are delet...

Where can I check "Contract Size" of financial instruments on MT4 and MT5 trading platforms?

The Contract Size is different by each symbol on MetaTrader5. In order to check the contract size and also other parameters(trading conditions) of a symbol, right click in the "Market Watch" window and select "Symbols". By selectin...

What does "Stop Level" mean on MT4 and MT5 trading platforms?

The "Stop Level" parameter indicates the "channel of prices (in points) from the current price, inside which one can't place Stop Loss, Take Profit and pending orders." When placing an order inside the channel, the server will return ...

How many symbols (financial instruments) are available on "Market Watch" window of MT5 trading platform?

MetaTrader5 trading platform allows users to show up to 1,000 financial instruments in the "Market Watch" window at the same time. If you like to see all available symbols in the "Market Watch" window of MT5, please right click in the...