Getting started on MetaTrader 5

Guides · Platform & orders
Beginner6 min readBharat Sky Academy

MetaTrader 5 (MT5) is the platform you’ll trade on with Bharat Sky. This guide gives you a quick tour, so you know where everything is before you place a trade.

Getting the platform

MT5 is available as a desktop app for Windows and macOS, a mobile app for iOS and Android, and a web terminal that runs in any browser with nothing to install. Log in once with your account details and everything stays in sync across devices.

The main areas you’ll use

  • Market Watch, the list of instruments and their live prices.
  • Chart window, where you analyse price with timeframes and tools.
  • New Order, where you set size, direction and your stop and take profit.
  • Toolbox, your open positions, history and account balance.

Setting up your first chart

  1. 1

    Open an instrument

    Right-click it in Market Watch and open a chart window.

  2. 2

    Choose a timeframe

    Switch between timeframes (like M15, H1, D1) to see different views of price.

  3. 3

    Add what you need

    Apply indicators or drawing tools from the menus if your strategy uses them.

New to the platform? Practise on a demo first. The layout is identical, so everything you learn carries straight over to live trading.

Placing and managing trades

Open the New Order window (or press F9), set your volume, add a stop loss and take profit, and place the trade. It then appears in the Toolbox under open positions, where you can modify or close it at any time. Our guide to placing your first trade walks through this in detail.

Key takeaways
  • MT5 runs on desktop, mobile and web, all synced
  • Market Watch, charts, New Order and Toolbox are the key areas
  • Practise the layout on a demo before trading live
  • Expert Advisors let you automate strategies

This guide is educational only and is not investment advice or a promise of profit. Trading involves significant risk and may result in the loss of your capital.

Ready to put this into practice?

Try it on a free demo account, no risk, no deposit.

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Open a demo and explore the platform, or open a live account when you’re ready.

MetaTrader 5: your questions

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Yes, MT5 is free to download and use with your Bharat Sky account.