MetaTrader 5 at FxPro: Account, Terminal, and Differences from MT4

What 'MetaTrader 5 at FxPro' Means

MetaTrader 5 is a trading terminal, not a separate account type in itself. At FxPro it is available in desktop, web, and mobile versions; however, an MT5 account exists in its own environment, distinct from the MT4 environment. This is important to understand before registering: the login, password, and history of one terminal do not transfer to the other.

According to the official MetaTrader 5 page, the terminal is offered for multiple devices, and automation is built on its own infrastructure. The practical takeaway is simple: first determine the account and platform, then install the terminal, and only then proceed with login and settings.

Account terms depend on your country of residence and the contracting entity. this is a general FxPro disclaimer, not specific to MT5. What exactly is available to a particular user can be checked in the client portal before opening an account.

Account Before Terminal: What to Choose and What to Verify

The FxPro comparison table lists Standard, Raw+, Elite, and cTrader accounts. MT5 relates to the platform, not the account branch: the terminal can be used with a suitable account, but the set of instruments and position accounting mode should be verified separately.

The starting spread is not a guaranteed execution cost. The USD 3.50 per lot per side commission applies to relevant instruments; the cTrader commission is calculated per USD 1 million turnover per side on FX and metals. Always verify exact figures on the trade date: the account and platform comparison describes global terms that may differ from local ones.

The minimum volume for applicable instruments starts from 0.01 lots. but this is the minimum position size, not the minimum deposit. Check each instrument's specification separately.

Netting and Hedging: The Main Difference from MT4

According to the same comparison, MT4 uses hedging, while MT5 allows both netting and hedging. This is not a cosmetic difference:

• in hedging mode, opposite positions on the same instrument can exist simultaneously;
• in netting mode, the total for an instrument is reduced to a single net position;
• the available mode depends on the account and instrument, so it should be checked before trading.

If your strategy relies on simultaneous opposing positions or averaging, the accounting mode affects execution and result calculation. Choosing the mode is a technical decision, not a recommendation in favor of any approach.

Installation and Login: How the Path into MT5 Works

The steps are the same for desktop and mobile versions and do not require sharing credentials with anyone:

1. Determine the contracting entity and account availability for your country in the client portal.
2. Open an account suitable for your task and ensure it belongs to the MT5 environment.
3. Download the terminal from an official source and install it.
4. Log in using the credentials specifically for the MT5 account. not MT4 credentials and not cTrader credentials.

Separately, remember that logging into FxPro Direct and logging into the trading platform are different things. Credentials for one do not work in the other; more on this in the guide on logging into FxPro Direct and trading platforms. If any fields are unclear, review them on the MT4/MT5 platform FAQ, but note: some information there may be outdated, and in case of discrepancy with current product pages, the current product page is the reference.

Expert Advisors and Automation

An Expert Advisor or cBot written for MT4 does not automatically become compatible with MT5. These are different automation environments, and compatibility must be verified against the terminal documentation and the requirements of the specific account.

A locally running Expert Advisor requires the corresponding environment to remain operational: if the terminal or computer is turned off, automation does not run. VPS is a separate option with its own cost and terms, not a promise of results. No automation settings eliminate risk or replace testing a strategy on a demo account.

It is convenient to start risk-free practice on the FxPro demo account, and for a broader platform comparison, see the FxPro platforms page.

What to Verify Before Your First Order

Before making trades, it is useful to go through a short checklist:

• does the account type match what you expected to see;
• which position accounting mode applies. netting or hedging;
• which instruments are available and what their specification is;
• how spread, per-side commission, and swap are accounted for;
• whether the required automation type is available.

Swaps and commissions are conveniently verified in the sections on FxPro fees, because promotional wording and swap tables may diverge. note discrepancies rather than choosing the convenient figure.

Country, Contracting Entity, and Scope of Applicability

The Russian-language version of the site is an interface language, not confirmation of service availability in Russia; the same applies to French and Spanish for the respective countries. Account terms depend on jurisdiction; the FAQ separately notes that spread-betting accounts in the UK are described differently from CFD accounts.

Before registering, it is worth understanding which legal entity will be your counterparty, and based on that, assess the applicable rules. The general regulatory framework is covered in the guide on FxPro regulation, and the country verification procedure is in the section on registration. This is an independent informational reference: we have not verified service availability for any specific country and do not provide individual investment advice.

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