MetaTrader 5 Platform Setup and Trading in Philippines with Exness

Getting Started with MetaTrader 5 Platform in Philippines

Our company provides comprehensive access to the MetaTrader 5 platform for Filipino traders seeking professional trading solutions. We offer both forex and CFD trading services through this advanced platform, ensuring you can access global markets from anywhere in the Philippines.

The MetaTrader 5 platform supports Windows, macOS, Android, and iOS devices, making it accessible across all your preferred devices. Our Philippine clients benefit from localized support, peso-denominated accounts, and trading hours that accommodate Asian market sessions.

To begin using our services, you need a stable internet connection and valid identification documents. We require government-issued ID and proof of address for account verification, following international compliance standards that protect Philippine traders.

Our platform offers over 200 trading instruments including major currency pairs, commodities, indices, and cryptocurrencies. Execution speeds average 0.3 seconds, with spreads starting from 0.1 pips on major pairs during peak trading hours.

Account Registration Process for Philippine Traders

We streamline the registration process specifically for Philippine residents through our localized onboarding system. Visit our official website and click the “Open Account” button to access the registration form designed for Filipino traders.

Complete the personal information section with your full name matching your government ID, Philippine mobile number, and current address. Select PHP as your base currency to avoid conversion fees and simplify deposit calculations.

Document Verification Requirements

Upload clear photos of your valid Philippine government ID (passport, driver’s license, or UMID). Ensure all text remains readable and corners are visible in the uploaded images.

Provide proof of address dated within the last three months. Accepted documents include utility bills, bank statements, or government correspondence showing your current Philippine address.

Our verification team processes Philippine documents within 24-48 hours during business days. You receive email notifications at each verification stage, keeping you informed throughout the process.

Account Funding Options

We support multiple deposit methods tailored for Philippine traders:

• Local bank transfers through major Philippine banks
• International debit and credit cards (Visa, Mastercard)
• E-wallet services including PayPal and Skrill
• Cryptocurrency deposits (Bitcoin, Ethereum, USDT)

Minimum deposit amounts vary by payment method, starting from PHP 5,000 for bank transfers. Card deposits process instantly, while bank transfers typically complete within 2-4 business hours.

MetaTrader 5 Platform Download and Installation

Access the MetaTrader 5 platform through multiple installation methods we provide for Philippine users. Download the desktop version directly from our client portal after account approval, ensuring you receive the correctly configured version.

Desktop Installation Steps

Navigate to your client dashboard and locate the “Download MT5” section. Select the Windows or macOS version matching your operating system specifications.

Run the downloaded installer file and follow the setup wizard. Accept the license agreement and choose your preferred installation directory on your computer.

Launch the installed application and select “Login to Trade Account” from the initial screen. Enter your account credentials provided in your welcome email from our support team.

Mobile Application Setup

Download the MetaTrader 5 mobile app from Google Play Store or Apple App Store. Search for “MetaTrader 5” and install the official application developed by MetaQuotes Software Corp.

Open the mobile app and tap “Login to existing account.” Search for “Exness” in the broker list and select our server corresponding to your account type.

Input your trading account number and password exactly as provided in your account confirmation email. Enable biometric login for enhanced security and faster access.

Platform Interface Navigation and Customization

Our MetaTrader 5 platform interface consists of four main areas optimized for efficient trading execution. The Market Watch panel displays real-time prices for all available instruments, while the chart area shows price movements and technical analysis tools.

The Navigator panel provides access to your accounts, custom indicators, and automated trading systems. The Terminal window at the bottom shows your open positions, account balance, and trading history.

Chart Setup and Timeframe Selection

Right-click any symbol in Market Watch to open a new chart window. We recommend starting with H1 (1-hour) or H4 (4-hour) timeframes for position trading strategies.

Change chart types by clicking the candlestick icon in the toolbar. Candlestick charts provide the most comprehensive price information including open, high, low, and close values.

Add technical indicators through the Insert menu or by dragging them from the Navigator panel. Popular indicators include Moving Averages, RSI, and MACD for trend analysis.

Workspace Customization

Save your preferred chart layouts as templates for consistent analysis across different instruments. Right-click the chart and select “Template” then “Save Template” to preserve your indicator settings.

Arrange multiple chart windows using the tile or cascade options in the Window menu. This allows simultaneous monitoring of different currency pairs or timeframes.

Customize the toolbar by right-clicking and selecting which buttons to display. Include frequently used functions like New Order, Chart Properties, and Period selectors for efficient workflow.

Order Placement and Trade Execution

We provide multiple order types through the MetaTrader 5 platform to accommodate various trading strategies. Market orders execute immediately at current prices, while pending orders activate when price reaches your specified levels.

Market Order Execution

Right-click your chosen instrument in Market Watch and select “New Order” to open the trading panel. Verify the symbol matches your intended trade and set your position size in lots.

Enter your stop loss level to limit potential losses and take profit target for automatic position closure. We recommend risking no more than 2% of your account balance per trade.

Click “Buy by Market” for long positions or “Sell by Market” for short positions. Our execution system processes orders within milliseconds during active market hours.

Pending Order Management

Select “Pending Order” from the order type dropdown to place orders at future price levels. Choose from Buy Limit, Sell Limit, Buy Stop, or Sell Stop depending on your market direction expectation.

Set the price level where you want the order to activate and specify expiration time if desired. Pending orders remain active until market price reaches your trigger level or expiration occurs.

Monitor pending orders in the Terminal window under the “Trade” tab. Modify or cancel orders by right-clicking and selecting the appropriate action.

Risk Management Tools and Features

Our platform incorporates advanced risk management features designed to protect your trading capital. Stop loss orders automatically close positions when losses reach predetermined levels, preventing excessive account drawdown.

Take profit orders secure gains by closing profitable positions at target price levels. Trailing stops adjust automatically as positions move in your favor, locking in profits while allowing continued upside participation.

Position Sizing Calculations

Calculate appropriate position sizes using our built-in risk calculator accessible through the trading panel. Input your account balance, risk percentage, and stop loss distance to determine optimal lot size.

We recommend limiting individual trade risk to 1-2% of total account equity. For a PHP 100,000 account, maximum risk per trade should not exceed PHP 1,000-2,000.

Monitor your total exposure across all open positions to avoid overconcentration in correlated instruments. Diversify trades across different currency pairs and asset classes when possible.

Stop Loss and Take Profit Settings

Place stop losses beyond significant support or resistance levels to avoid premature exits due to market noise. Use technical analysis to identify logical exit points rather than arbitrary percentage levels.

Set take profit targets at key resistance levels for long positions or support levels for short positions. Consider partial profit taking at intermediate levels to secure gains while maintaining market exposure.

Adjust stop losses to breakeven once positions move favorably by the initial risk amount. This eliminates downside risk while preserving profit potential.

Technical Analysis Tools and Indicators

Our MetaTrader 5 platform includes over 80 built-in technical indicators and analytical tools. Access these through the Insert menu or Navigator panel to enhance your market analysis capabilities.

Trend Analysis Indicators

Moving averages help identify trend direction and potential reversal points. We recommend using 20-period and 50-period exponential moving averages for short-term trend analysis.

The MACD indicator combines trend and momentum analysis, generating buy and sell signals through line crossovers and histogram patterns. Apply MACD with default settings (12, 26, 9) for most currency pairs.

Bollinger Bands indicate price volatility and potential reversal zones. Prices touching the upper band suggest overbought conditions, while lower band touches indicate oversold levels.

Oscillator Applications

RSI measures momentum and identifies overbought or oversold market conditions. Values above 70 suggest potential selling opportunities, while readings below 30 indicate possible buying zones.

Stochastic oscillator compares closing prices to recent trading ranges, generating signals when lines cross in extreme zones. Use %K and %D line crossovers for entry and exit timing.

Williams %R provides similar functionality to Stochastic but with inverted scaling. Readings above -20 indicate overbought conditions, while values below -80 suggest oversold markets.

Advanced Trading Features and Automation

We offer sophisticated trading tools including Expert Advisors (EAs) for automated strategy execution. These algorithmic trading systems operate according to predetermined rules, eliminating emotional decision-making from your trading process.

Expert Advisor Implementation

Download EAs from the MetaTrader Market or develop custom algorithms using MQL5 programming language. Install EAs by copying files to the Experts folder in your MetaTrader 5 data directory.

Attach EAs to charts by dragging from the Navigator panel onto your chosen instrument. Configure parameters including lot sizes, stop losses, and trading hours before enabling automated trading.

Monitor EA performance through the Terminal window’s “Experts” tab, which displays real-time logs and trading decisions. Disable EAs immediately if unexpected behavior occurs.

Our platform supports multiple EAs running simultaneously across different instruments and timeframes. Ensure adequate system resources and stable internet connectivity for optimal automated trading performance.

• Backtest strategies on historical data before live implementation
• Start with small position sizes during initial EA deployment
• Monitor performance metrics including win rate and maximum drawdown
• Regularly update EA parameters based on changing market conditions
• Maintain backup trading plans for system failures

Account Monitoring and Performance Analysis

Track your trading performance through comprehensive reporting tools integrated into our MetaTrader 5 platform. The Account History tab provides detailed transaction records including entry prices, exit prices, and profit calculations.

Generate performance reports by right-clicking in the Account History section and selecting “Report.” These reports include statistical analysis of your trading results over specified time periods.

Monitor key performance metrics including total return, maximum drawdown, profit factor, and win-to-loss ratio. We recommend reviewing these statistics monthly to identify areas for improvement in your trading approach.

Our platform calculates real-time unrealized profits and losses for all open positions. This information appears in the Terminal window, allowing continuous monitoring of your portfolio’s market value.

Export trading data to Excel spreadsheets for advanced analysis using external tools. Right-click any data section and select “Save as Report” to generate detailed CSV files containing all transaction information.

The comprehensive analysis capabilities of our MetaTrader 5 platform ensure you maintain complete oversight of your trading activities while operating in Philippine markets. Regular performance review enables continuous improvement of your trading strategies and risk management practices.