MetaTrader 5 (MT5) — Cambodia
MT5 gives a beginner more than a beginner needs, which is fine as long as most of it is ignored on purpose — two of its additions are genuinely useful in a first month.
Open Exness Account →MetaTrader 5 gives a beginner more than a beginner needs, which is fine as long as most of it is ignored on purpose. It is free, works with every Exness account type, and adds 21 timeframes, depth of market, six pending order types and a built-in economic calendar. For a first month the useful additions are exactly two: the calendar, which explains why a market suddenly moved, and the extra timeframes, used sparingly.
Measured order execution — Standard
How orders actually filled when real market orders were placed on Exness’s MT5 feed — fill time, slippage and rejects by order size:
| Instrument | Order size | Avg fill | Avg slippage | Fails |
|---|---|---|---|---|
| EURUSDm | 0.01 lot | 151 ms | -0.333 pts | 0 |
| EURUSDm | 0.1 lot | 151 ms | -0.333 pts | 0 |
| EURUSDm | 1.0 lot | 146 ms | -0.333 pts | 0 |
| GBPUSDm | 0.01 lot | 141 ms | 0.667 pts | 0 |
| GBPUSDm | 0.1 lot | 130 ms | 0.0 pts | 0 |
| GBPUSDm | 1.0 lot | 135 ms | 0.333 pts | 0 |
| XAUUSDm | 0.01 lot | 141 ms | 0.0 pts | 0 |
| XAUUSDm | 0.1 lot | 151 ms | 80.0 pts | 0 |
| XAUUSDm | 1.0 lot | 130 ms | -72.333 pts | 0 |
Small sample (a few round-trips per size); indicative. The same pricing engine feeds every platform the broker offers.
MetaTrader 5 (MT5) at Exness
- The built-in economic calendar, read before the session as a reason to stay out rather than as a reason to trade.
- A second timeframe for direction above the one being traded — one extra, not three.
- Market orders with stop loss and take profit attached: the only order type a first month needs.
- Six pending order types exist and solve execution problems a beginner has not met yet; they are added later, one at a time.
- 21 timeframes, 38 built-in indicators and 44 analytical objects are available — a plan that uses most of them is not a plan.
- Depth of Market answers order-flow questions a first plan does not ask, and is easy to misread as a signal.
- Free to download on Windows, macOS, the MT5 WebTerminal and mobile, and it works with every Exness account type.
- Positions sync across desktop, web and mobile on the same account, so a practice session can be checked from anywhere.
- Forex, metals, crypto, energies, stock and index CFDs all trade from one platform — a beginner still picks one of them.
Get started
Download MetaTrader 5 (MT5) from your Personal Area area after you open an account, or try it first on a free demo.
Open Exness Account →The two additions worth using in month one
The economic calendar, read before the session rather than after a surprise. A beginner does not need to trade the news to benefit from knowing when it lands; knowing when to stay out is the more useful half of it.
A second timeframe, and only one. Checking the direction on a higher timeframe before taking an entry on the working one is a discipline that fits on the plan's single page. A third timeframe usually just supplies a reason to override the first two.
What the extra order types are really for
MT5 offers six pending order types against MT4's four, including stop-limit variants. They exist to solve execution problems that a beginner has not met yet, and choosing between them at the ticket is a good way to send the wrong one.
The recommendation for a first month is blunt: market orders with a stop loss and a take profit attached, and nothing else. Pending orders are added later, one type at a time, each rehearsed on a demo before it is used live.