MetaTrader 5

Setting up MetaTrader 5

Beginner‑friendly install

This guide helps you install MetaTrader 5 (MT5), sign in with an existing or new account, and open MetaEditor, the place where you paste code and click Compile.

You only need MT5 at the very end. Hunt (or build) and test inside Horizon, no install required. Set up MT5 when you're ready to export a finished strategy as MQL5 and run it on a real terminal.

Install MT5

  1. Download the installer:
    • Official: MetaQuotes MetaTrader 5 download
    • Or your broker’s branded MT5 installer, if you already have an account — it ships with their servers preloaded.
  2. On Windows, run the installer and follow the prompts. Keep the default install path unless you have a reason to change it.
  3. Launch MetaTrader 5 when the install finishes.

MetaEditor is included in that same install (there is no standalone download). See Downloading and installing MetaEditor 5 if you only needed the editor, or you’re on macOS/Linux.

Create or log in to an account

You need an account to log in and use the platform. You can start with a free demo account if you don’t have a broker yet.

  1. In MT5, go to File → Open an Account (for creating a new demo) or File → Login to Trade Account (to log in).
  2. If creating a demo account:
    • Choose a server (your broker’s demo server or any available demo server).
    • Fill in basic details and finish. You’ll get a login and password.
  3. If logging in to an existing broker account:
    • Select the right server from the list (ask your broker if unsure).
    • Enter your login and password.

Make sure you select the correct server (Demo vs Real). Logging into the wrong server will fail or show a disconnected status.

Next steps

Once MT5 is installed and you're logged in: