How Do I Use MetaTrader 5 Platform?
Introduction to MetaTrader 5
MetaTrader 5 platform is the software you install on your PC computer. For this learn bitcoin trading tutorial we shall refer to the MT5 or MetaTrader 5, because it's the easiest bitcoin platform software to learn with & the most widely used.
MetaTrader 5 also requires very little inter net band width, that way even if you do not have a super fast inter net connection you can use MT5 without any problem. You'll need to sign up first with a broker before you can download MT5 platform.
How to Trade Bitcoin on MT5 Software - MT5 Bitcoin Software
How to Trade BTCUSD in MT5 Software - Learn to Trade Online Bitcoin Market with MT5 Software
- Practice Account How to Trade Bitcoin in MT5
MT5 demo account is a free practice account provided for beginner traders online bitcoin traders, otherwise known as a practice account that you practice with, the cash on a demo account is virtual, not real money. No one uses real money to begin with, all beginners use the practice account to practice with before investing real money to trade with. The MetaTrader 5 bitcoin practice trading account is meant to provide free Bitcoin training practice while they learn how to trade the online bitcoin market.
You will need to register with an online bitcoin broker before you can get this free practice account. After you signup you will then get sign in credentials for your MetaTrader 5 practice account. You will then use these bitcoin account login details to sign in to your bitcoin MetaTrader 5 practice account & begin practicing with.
How to Trade BTCUSD in MT5 Platform
After you have gotten the MT5 bitcoin account details you will then install the MT5 software on your PC computer. If you have never installed any software before navigate to the folder where you downloaded the bitcoin MT5 platform (do not know where that is, Press both Ctrl & J i.e. CTRL+J or (CTRL+Y) Keys on your keyboard, and your MetaTrader 5 download will appear), double-click the download trading software platform file and then click next, next until you finish installing.
After you have installed the MT5 software you will then open the software from the start menu of your PC computer. After you have opened the MT5 platform you will see the trading interface you will be working with which may seem complicated at first but it is not. The MetaTrader 5 software tutorials will be covered under the learn tutorial lessons section where you will get a detailed explanation of how to use this MT5 platform in just one hours time.
At "top left corner" of the MetaTrader 5 platform 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" which you got when you registered on your broker's website.' You are now logged in to your bitcoin MT5 platform and you're ready to begin bitcoin trading.
After this you will see your bitcoin trading account balance displayed just below bitcoin charts and you can now start using the MT5 to place demo trade transactions on the Bitcoin trading market.
