How To Install & Use MetaTrader 5 (MT5) on Android

Author: The Forex Geek | Published: July 2, 2026

Introduction

MetaTrader 5 (MT5) is a mobile trading application available on Android devices, offering access to real‑time market data, charts, and order execution across multiple asset classes. It can be used on smartphones and tablets running Android 5.0 or later. Internet connectivity is required, and frequent updates are recommended for stability and access to enhanced features. You can create a trading account on MT5 with IC Markets. They have excellent trading conditions including low fees, fast execution speeds, leading trading platforms, multiple account types, lots of trading instruments and much more.

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Downloading and Installing the App

  • Use the Google Play Store to locate and install the official MetaTrader 5 app developed by MetaQuotes Software.
  • Launch the app by tapping its icon after the installation completes.

Account Setup (Demo or Real)

  • On first launch, the app presents three options: open a demo account; open a real account via a broker; or log in to an existing account.
  • A demo account can be opened directly through the app. A real account requires credentials and server details provided by your broker.
  • To add or switch between multiple accounts:
    • Open the “Manage Accounts” menu, tap the “+” icon, select your broker, enter account details and server, and log in.
    • Select an existing account in the Accounts tab to activate it.

Navigating the Interface

MT5 offers a structured and intuitive interface with the following main tabs accessible from the bottom panel:

  • Quotes: Displays real‑time bid/ask prices for various instruments. Instruments can be added to or removed from your watchlist.
  • Charts: Enables viewing and customizing price charts. Features include multiple timeframes (up to 21), technical indicators, drawing tools, and chart settings.
  • Trade: Displays current open positions, account balance, and free margin. Allows modification or closure of trades.
  • History: Shows details of past executed trades, including entry/exit points and profit/loss information.
  • Settings, News, Messages, Mailbox, Journal: Additional tools for personalization, internal updates, logs, and messaging.

Chart Customization and Technical Analysis

  • Open instruments’ charts from within the Quotes tab or via the Charts tab.
  • Change timeframes, apply technical indicators (e.g., moving averages, RSI), and use drawing tools (trendlines, channels, Fibonacci retracements).

Placing Trades

  • From the Trade tab or via Charts, initiate new orders.
  • Select instrument, order type (market or pending), trade size, and set optional stop‑loss or take‑profit levels.
  • Confirm execution by tapping “Buy” or “Sell.”

Managing Trades

  • View open positions in the Trade tab, modify or close them by tapping the relevant trade.
  • Review completed trades and filter history by date or criteria in the History tab.

Additional Functionalities

  • Internal News feeds and notifications are available within the app’s menu.
  • The Journal records all activity logs and allows exporting via email.

Summary

MT5 on Android provides a full-featured mobile platform for trading across asset classes, managing accounts, analyzing markets, and executing orders. It supports both demo and real trading, customizable charts, watchlists, trade management, and integrated tools like news and logs—all accessible through an intuitive tab-based interface.

By following the steps outlined above—installing the app, setting up an account, and familiarizing yourself with the interface—you can leverage MT5’s capabilities effectively on your Android device.