MetaTrader 5 (MT5) is a professional trading platform available for Tradeify 247. This guide covers how to access your account, navigate the platform, and place your first trades. DXTrade is also available — see our DXTrade Platform Guide.
Important: MetaTrader 5 is not available to traders in the United States. US-based traders can use DXTrade instead. MetaTrader 4 (MT4) is not supported.
Accessing MT5
MT5 is available in three formats:
Desktop Application — Download MetaTrader 5 for Windows or Mac from here. This is the most fully featured version, with complete charting, one-click trading, and support for Expert Advisors.
Web Terminal — Trade directly in your browser with no download required. The link to access it can be found here.
Mobile (Phone / iPad / Tablet) — Download the official MetaTrader 5 app for Apple iOS or Google Android. Unlike DXTrade, the official MT5 mobile app DOES work with Tradeify 247 accounts — simply log in using your Tradeify MT5 credentials and server (see below).
Getting Your Credentials
After purchasing your account: MT5 credentials are distinct from your Tradeify 247 Dashboard login details. Ensure you use the correct credentials for each platform.
Retrieve your MT5 credentials directly from the Tradeify 247 Dashboard:
Log into the Dashboard using your account credentials.
Navigate to the Accounts section.
Click the Key icon (🔑) next to your account to reveal your MT5 login number and password.
Use the copy buttons provided to ensure accuracy when copying your credentials.
Logging In to MT5
Open MT5 (desktop, web, or mobile).
Go to File → Login to Trade Account (desktop) or tap Settings → New Account → Login to an existing account (mobile).
Search for the server: "TradeifyVentures-247"
Enter your login number and password from the Dashboard.
Click Login. Your account balance and symbols will load once connected.
Tip: If the server doesn't appear in the search, type the full server name exactly as shown in your Dashboard credentials.
Platform Overview
The MT5 interface includes several key areas:
Chart Area — View price charts with 21 timeframes, 80+ built-in technical indicators, and drawing tools.
Market Watch — Track your favorite cryptocurrency pairs and view live bid/ask prices. Right-click and select Show All to display every available symbol.
Toolbox (Terminal) — Monitor open positions, pending orders, account history, and alerts.
Navigator — Access your accounts, indicators, and Expert Advisors.
Order Window — Place market, limit, and stop orders with stop loss and take profit attached.
Placing Your First Trade
Select a symbol — Double-click a cryptocurrency pair in Market Watch, or right-click and choose Chart Window to open its chart.
Open the order window — Press F9, click New Order, or use one-click trading from the chart.
Choose order type — Market Execution (immediate), or a pending order (Limit / Stop).
Set position size — Enter the volume (lot size) you want to trade.
Set stop loss / take profit — Recommended for risk management.
Confirm and submit — Click Buy or Sell to execute.
Order Types
Market Order — Executes immediately at the current market price. Best for when you need to enter or exit quickly.
Buy Limit / Sell Limit — Executes only at your specified price or better. Use to enter at a better price than the current market, or to take profit.
Buy Stop / Sell Stop — Becomes a market order when price reaches your trigger level. Used for breakout entries.
Buy Stop Limit / Sell Stop Limit — Becomes a limit order when price reaches your trigger. Combines a stop trigger with limit execution.
Managing Positions
View Open Positions: Check the Trade tab in the Toolbox to see all your current trades, including entry price, current P&L, and margin used.
Modify Orders: Right-click an open position and select Modify or Delete to change your stop loss or take profit. You can also drag SL/TP lines directly on the chart.
Close Positions: Right-click a position and select Close Position, or click the X next to it to close at market price.
Account Monitoring
Keep track of these key metrics at the bottom of the Trade tab:
Balance — Your account value excluding open position P&L
Equity — Balance plus unrealized P&L from open positions
Margin — Capital locked as collateral for open positions
Free Margin — Available capital for new positions
Margin Level — Equity divided by used margin (percentage)
Tips for Success
Always use stop losses — Protect your account from unexpected moves
Monitor your drawdown — Know how close you are to your limits
Start small — Test your strategy with smaller positions first
Remember the 20-second rule — Hold all trades for at least 20 seconds
Frequently Asked Questions
Q: Can I use MT5 on multiple devices at the same time?
A: Yes, you can log into the same account from desktop, web, and mobile simultaneously. All positions and orders sync across devices.
Q: What happens if I lose my login credentials?
A: You can re-reveal your MT5 credentials at any time from the Dashboard (Accounts section → Key icon). If you still have trouble, contact support and we'll verify your identity and help you regain access.
Q: Is MT5 available to US traders?
A: No. MetaTrader 5 is not available to traders in the United States. US-based traders can use DXTrade — see our DXTrade Platform Guide.
Q: Is MetaTrader 4 supported?
A: No, MetaTrader 4 is not supported. Tradeify 247 accounts can be traded on MetaTrader 5 or DXTrade only.
Q: Does MT5 support automated trading / Expert Advisors (EAs)?
A: Yes, MT5 supports Expert Advisors for automated trading. Any EA you use must be owned by you. Note: Tradeify cannot provide technical support for building or debugging EAs — for MQL5 documentation and developer resources, visit mql5.com.
Q: Can I switch my account between DXTrade and MT5?
A: No. You choose your platform (DXTrade or MetaTrader 5) at the point of purchasing your account, and it cannot be changed afterwards. If you'd like to trade on the other platform, you'll need to purchase a new account.
Q: Can I use TradingView with Tradeify 247?
A: TradingView integration is coming soon. In the meantime, MT5 includes powerful built-in charting with 21 timeframes, 80+ technical indicators, and drawing tools.
Q: How do I set a stop loss or take profit? / Can I set SL and TP before entering a trade?
A: Yes. When placing an order on MT5, you can set both stop loss (SL) and take profit (TP) levels before submitting. You can also modify SL/TP on existing positions by right-clicking the position in the Trade tab, or by dragging the SL/TP lines on the chart.
Q: How do I calculate my position size?
A: Position size depends on the cryptocurrency, your account leverage, and your risk tolerance. MT5 shows your required margin and free margin before you confirm a trade. A general approach: decide the maximum dollar amount you're willing to risk, set your stop loss distance, and calculate the lot size accordingly. Our dedicated MT5 desktop terminal ships with a preinstalled position sizer EA installed which can help you calculate your position size for a trade.